1. Fintech Cyber Crime
Advocates argue that blockchain ads as an effective trust substitute, replacing traditional financial intermediaries with distributed, immutable records maintained with encrypted smart contracts.
Does blockchain mitigate the threat of cyber-crime in financial services businesses with latency” risk? (Latency risk is the difference between clock time and financial transactions time). Please answer yes or no and please support your answer with evidence from financial services use cases and by describing in detail the specific blockchain features that either shrink or magnify latency risk. (Maximum 500 words)
2. Digital India
Did Indian Prime Minister Narendra Modi’s “Digital India” initiative unleash fintech innovations that improve financial inclusion? Please answer yes or no and please provide evidence for your argument. (Maximum 400 words)
3. Fintech Startups and Behavioral Fintech: Rally Road
Rally Road, co-founded by an NYU grad, democratizes access to classic cars as an alternative investment class. (Maximum 500 words for all three questions) https://rallyrd.com
1. How did the SEC’s fall 2018 enforcement actions sweeping ICOs, crypto funds, and crypto exchange platforms into traditional regulatory paradigms affect Rally Road’s corporate fundraising plans? Why did Rally Road securitize, rather than “tokenize” classic cars? 2. What cognitive bias affecting financial choice does the Rally Road app exploit thaws, also key .to theinr. value proposition? wows What behavioral finance theory explains this bias? What behavioral “nudges” does t e Rally Road app use to guide users’ Gc 1gs to activate WI nocy.vs behavior given this bias?
3. Does using the Rally Road app to invest in classic cars improve users’ financial well-being?
