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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">JERA</journal-id><journal-title-group><journal-title>Journal of Electronic Research and Application</journal-title></journal-title-group><issn>2208-3502</issn><eissn>2208-3510</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/jera.v8i6.9005</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>The Impact of Financial Technology and Digital Currency on Traditional Financial Industry</title><url>https://artdesignp.com/journal/JERA/8/6/10.26689/jera.v8i6.9005</url><author>LiuChengkun</author><pub-date pub-type="publication-year"><year>2024</year></pub-date><volume>8</volume><issue>6</issue><history><date date-type="pub"><published-time>2024-11-29</published-time></date></history><abstract>To harness the potential of financial technology and digital currency and enhance the competitiveness of the traditional financial industry, this paper briefly elucidates the concepts of financial technology and digital currency, along with their current development status. 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