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Fintech is in its evolving state like any other tech-oriented industry. There are a lot of applications created every day to manage and process payments in a better way. Blockchain technology has developed a new dimension to the Fintech industry. It can provide the potential to bring out essential changes in operating processes and business models. Eventually, start-ups started showing interest in exploring blockchain in the Fintech industry. If mismanaged, it might lead to long-fund raising cycles, increased losses and missed targets. But, blockchain technology’s impact surpasses the challenges.