As the COVID-19 pandemic slowed the world to a halt and lockdown procedures were put in place, 2020 saw heightened online shopping and a surge in digital payments. As retailers around the world moved their businesses online and shut down […]
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In 2021, over 1.5 million adults don’t have an account with any banking institution – this is approximately 1/3 of the entire world’s adult population. The globe’s current financial system is antiquated and inefficient, largely because of its overwhelming focus […]
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Fidelity National Information Services (FIS) partnered with NYDIG to enable hundreds of small US banks to get started with cryptocurrency in 2021. Patrick Sells, Head of Banking Solutions at NYDIG, mentioned that hundreds of smaller-scale banking institutions, such as Suncrest, […]
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Henry Ford’s impact stretches far beyond cars – nearly 75 years after his death, Ford’s contributions to the modern economy can still be seen. Ford changed the way people traveled, improved the operations of manufacturing plants, and led to higher […]
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One of the biggest advantages of cryptocurrency is that it isn’t regulated by a centralised authority. However, this is also one of its biggest weaknesses. How so? Well, with Bitcoin and other unregulated forms of cryptocurrency, the users aren’t subject […]
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In 2009, the launch of Bitcoin befuddled many financial experts and newbies alike. The concept of a fully digital currency, owned by the people and unregulated, seemed like the premise of a sci-fi novel. Dissenters scoffed that Bitcoin would disappear […]
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Near Field Communication (NFC) is a technology that provides wireless data transmission at a short distance with a typical connection radius of no more than 10 cm. The technology traces its roots to radio-frequency identification (RFID), which was patented in […]
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Communication with other people is a basic need for every person. Due to the rapid technological development, communication often takes place in online messengers. There are hundreds of them, but only the best apps can provide high-class privacy under all […]
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In 1997, Visa offered a unique processing service, and two years later, MasterCard introduced a similar system. Since then, modern people cannot imagine a life without such technologies. However, the development of such systems doesn’t stand still — now, crypto […]
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Blockchain technology and related cryptocurrencies (virtual money, such as Bitcoin) are developing rapidly and are being used on an increasing scale. The use of blockchain technology offers all kinds of opportunities. However, there are also risks involved. Currently, cryptocurrencies are […]
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The loss and theft of data can happen due to a variety of causes. There may be technical problems with the data storage equipment or issues with the power supply. You might be a victim of cyber-attacks, and human errors […]
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Industry 4.0 has passed its dawn and affects our daily life majorly. Automation has been a growing trend for several years already. Naturally, this trend introduces a technological component that is going to promote digitalization even further. We have made […]
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