Please read “R3: Putting the ‘Fin’ Back into Fintech” case study (see HBS Coursepack) and answer the following questions with substantive answers in a cohesive essay. Your paper should be at least 3 pages in length. Use proper grammar, spelling, citations, etc.1.How does Fintech compare to regular banking?2. Discuss R3 and its distributed ledger technology mission.3. What are some of the applications of cords and strategies of growing and expanding?4. What are some of the emerging markets that Fintech has impacted?Compose your essay in APA format, including the introduction and conclusion, and in-text citations for all sources used. In addition to your 3 page (minimum) essay, you must include an APA-style title page and reference page. Click the assignment link to compare your work to the rubric before submitting it. Click the same link to submit your assignment.