Financial innovation and an study on crypto currency

The concept of innovation has become much more common as a result of global changes. In the content of this concept there is not only innovation. For this reason, it is useful to convey that the concept has a much broader meaning and that it is not very accurate to convey only one word. In order to evaluate the innovations realized as innovations, it is necessary to have a commercial tendency, to propose innovative ideas, to make product development studies and to implement the products developed. As a result of innovations, new products, services or strategies are possible. Some innovations have been realized in the financial markets as a result of the adoption of some of the above mentioned innovations. In line with these innovations, it is aimed to improve the competitive structure of the markets, to ensure market efficiency, to reduce profit rates and to reduce risk factors as much as possible. In this study, the concept of innovation has been examined and the applications of financial innovation and financial innovations in banking sector and an application on crypto money. Key words: Innovation, Financial Innovation, Innovation, Banking