Question 28.1: Explain the terms disintermediation and reintermediation.
Explain the terms disintermediation and reintermediation.
The blue check mark means that this solution has been answered and checked by an expert. This guarantees that the final answer is accurate.
Learn more on how we answer questions.
Learn more on how we answer questions.
Disintermediation occurs when two sides that previously interacted through an intermediary start to interact directly. Reintermediation occurs when, following disintermediation, a new technology intermediary (providing a different service from the previous intermediary) enters the market.
Related Answered Questions
Question: 28.9
Verified Answer:
IBM recognized that it could not rely on the sale ...
Question: 28.8
Verified Answer:
RegTech refers to technology developments that add...
Question: 28.7
Verified Answer:
It is true that if everyone invested only in index...
Question: 28.6
Verified Answer:
Regulation is a barrier to entry for FinTechs. In ...
Question: 28.5
Verified Answer:
In P2P lending, borrowers and lenders transact dir...
Question: 28.4
Verified Answer:
It might think a digital currency makes it easier ...
Question: 28.3
Verified Answer:
Biometric authorization uses the unique biological...
Question: 28.2
Verified Answer:
Machine learning is a branch of artificial intelli...