To return to the physical “real”, fintech needs a new form

One of the important reasons why fintech has attracted so much attention is that it can become a bridge and link between virtual economy and real economy. With the deepening and improvement of people’s understanding of fintech, more and more players begin to abandon the previous development model and turn to new models and methods to develop and practice fintech. It is in this situation that fintech begins to enter the deep water in the real sense.

In the past, when it comes to fintech, players still start to look at it from the perspective of flow, whether it is for the depth of financial players, or for the optimization and arrangement of financial business, almost all are so. Although this approach can indeed open up new ideas for the development of fintech, it is inevitable that fintech can not be viewed and developed only from the perspective of traffic. Fintech needs a new interpretation.

After all, only by returning to the entity and placing fintech in the ocean of the real economy can the ship of fintech sail to the new blue ocean. More and more players are starting to pay attention to this, and they are starting to find ways and means to bridge with the real economy through new models of fintech, new functions of fintech. With this as the beginning, fintech completely broke out of the vicious circle of traffic and truly entered a new cycle of returning to entity and empowering entity.

Back in the real world, Fintech starts to get real

In the past, when it comes to physical return, players have only seen it as a concept to meet regulatory requirements. However, when the regulation continues, the development model which only takes the return to the entity as a gimmick begins to face more and more development difficulties and problems. After all, just to return to the entity as a gimmick, but did not really find the right way and method to return to the entity, began to encounter more and more difficulties. In a sense, fintech is starting to enter deep water when it comes to returning to the physical.

In the past, when it comes to returning to entities, fintech players have been thinking more about how to connect finance and the real economy more efficiently with the help of new technologies and new models. In essence, such a seemingly trendy new fintech model still uses the mode and method of the Internet to improve the efficiency of upstream and downstream connection of the financial industry, which is actually no different from Internet finance. However, the target of fintech at this stage is the vast number of B-end users.

In fact, there is a certain market space for improving the efficiency of the upstream and downstream connection of the financial industry with new technologies and new models. However, such a development model dominated by matchmaking and intermediary can only harvest a small number of B-end users, and cannot fundamentally change the way and method of the combination of finance and real economy, let alone realize the real sense of return to the entity.

According to the author’s understanding, for fintech players, the real sense of returning to the entity is to say goodbye to the development mode of staying out of the past, and realize the in-depth empowerment and precise drip irrigation through the deep and comprehensive integration with the real economy. Obviously, to achieve such a goal, it is obviously not possible to rely solely on the development model dominated by matchmaking and intermediaries. Only with the help of new models can we realize the deep integration of fintech and the real economy.

This is where the real test for fintech players comes in.

In my opinion, whoever can find ways and means to establish such a comprehensive connection with the real economy will be able to win in the new stage of fintech development. So how do you build such a comprehensive link to the real economy? In the author’s opinion, this requires fintech players to have an all-round connection with the real economy itself, understand the needs of the real economy, understand the pain points of the real economy, and know how to use technological means to establish the connection between finance and the real economy.

After all, fintech has moved beyond its concept and gimmicks to a stage of “real” development. For every fintech player, only by giving up the fantasy of the previous development mode and truly finding the way and method to connect with the real economy can they gain the advantage in the new stage of fintech development.

In the new cycle, fintech calls for a new form

When the return entity begins to enter the deep water, especially when more and more players begin to focus on the new development mode, those with the new development form of fintech players, no doubt can take advantage of the opportunity to grasp the new development opportunities. Then, in such a new cycle, what new form of fintech can achieve deep integration with the real economy and bring the development of fintech to a new stage of development?

A new form of decentralized fintech. When we think of fintech players, we usually think of familiar players. In the final analysis, these fintech players are centers one after another. In the final analysis, the development and evolution of fintech is still driven by centers. It has to be said that in such a centralized model still has the dividend stage of development, this model still has a certain development potential. However, when the virtual economy begins to deeply integrate with the real economy, especially when the barriers of information asymmetry are completely broken, such a centralized mode begins to encounter more and more difficulties.

When the return to entity becomes the new blue ocean of fintech, the integration of fintech and real economy cannot be realized only in a centralized mode. According to the model of centralization, only the coexistence of finance, science and technology and entity can form a centralized development state. If these three centers want to achieve deep integration, they must pay a lot of costs.

For fintech players, what we need is to break the three centers of finance, technology and industry in a decentralized mode, and construct a new development mode through the deep integration of these three centers. Under such a new development model, finance, technology and industry are no longer clearly linked, but closely linked with each other. Based on this, the three elements of finance, technology and industry can achieve a deep and comprehensive integration, and truly return to the entity and integrate into the entity.

A new form of finance that detraditionalizes. At present, a deep and comprehensive technological revolution is taking place. In this new stage of development, a variety of traditional species are undergoing a profound and comprehensive change. For fintech, in order to realize the return to entity, it is necessary to abandon the new development mode in the traditional sense and turn to a new way to meet the needs of new development.

According to the author’s understanding, such a de-traditionalization development mode is based on the evolution of finance, technology and industry. In short, finance, technology and industry all need a profound and comprehensive transformation. Finance is no longer finance, technology is no longer technology, and industry is no longer industry. It will become a normal situation. For fintech players, who can find the new way and new development of the combination of finance, technology and industry in such a chaotic state, who can achieve the real sense of return to the entity.

As a result, new forms of fintech that are de-traditional begin to be more and more needed. In my opinion, such a de-traditionalized form of fintech actually means to give up the previous development mode dominated by the existing form, and to construct a new form of fintech through its own accumulation in technology and mode, so as to achieve new development. In a sense, the new form of de-traditionalization of fintech is not only a new form of de-Internet, but also a new form of de-traditionalization. When fintech players find new forms beyond the Internet and traditional forms, they will be able to reconnect with the new real economy.

A new form of fintech in destreaming quantification. The coming new era is one based on new factors of production. In such an era, the traditional sense of traffic, there is no longer. In other words, we shouldn’t think about the coming era in terms of traffic. For fintech, what we need is a new form of traffic that completely abandons the traditional sense of traffic.

In such a new form, the flow itself will undergo a deep and radical change. Instead of the flow we have seen in the past, each member is a part of the new ecology, and they can play the role of each other. Each member has the advantage that others can not replace, each member has the function that others can not achieve, so far, the thinking of harvesting in the era of traffic will no longer exist.

According to the author’s understanding, such a new form of defluidization fintech is, in fact, constructing a brand new relationship of production and a brand new operating mechanism. When such a new form of de-quantification is established, the role of fintech players is more to help different individuals play their own functions and roles. Starting from this, fintech can truly become a seamless connection with the real economy, and can better help the development of the new real economy.


While returning entities are being endowed with new connotations and meanings, fintech has also begun a new evolution. This is the real evolution of fintech. After such a stage of evolution, fintech can jump out of the box of the previous development model and truly enter a new era. In such a new cycle, new fintech forms will inevitably be born. In general, the new form of fintech that bids farewell to centralization, tradition and traffic is the new future of fintech. For every player aiming to make a difference in such a new stage, it may be the key to find a new form of fintech that suits them and thus start a new stage of development.


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