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Embrace and Stay Open to Innovation: Construct New Ecology of Digital Finance - 臺北產經資訊網

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Embrace and Stay Open to Innovation: Construct New Ecology of Digital Finance

By Tai,Chih-yen Ph.D./Associate Research Fellow, International Division Chung-Hua Institution for Economic Research

The ecosystem of digital finance covers several innovative technologies from e-payment, digital currencies and block chain. The government supervisory mechanism and industrial promotion were applied to present a diversified look anywhere around the globe. Facing challenge coming from cross-border global digital finance services, we should establish the FinTech apps open to innovation-based environment, and provide some rooms for the pioneers of innovation to experiment as well as guaranteeing their follow-up benefits using the operation of Regulatory Sandbox. It can enable the ecosystem of digital finance to have enough flexibility to develop and face more challenges of FinTech.

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