Fintech

More enterprises are investing in mobile applications on platforms preferably iOS. The 2016 enterprise mobile apps report brought out by Adobe reinforces the growing need for enterprises to invest in mobile apps. With Apple constituting a major share of the world smartphone market, iOS tend to be the most preferred platform in enterprise app development. […]

It seems that these days, cryptocurrency can’t catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142 after announcing it was acquiring […]

For all of the “isms” supposedly being felled by enlightened Americans, the U.S. economy remains stunningly unfair. Take racism. On one hand, interracial marriages have grown fivefold in the 50 years since Loving v. Virginia, which legalized the practice. On the other, the average median household wealth of African-Americans declined by 75 percent between 1983 […]

Some people love debt, while others hate it. People in the former category tend to use loans for everything. Those in the latter category avoid it at all costs. Both extremes can create problems. If you’re thinking about borrowing money, the smart approach lies somewhere in between. The Do’s and Don’ts of Borrowing Money When […]

rtFor evidence of big tech’s evolution from AV club geeks to big guys on campus, look no further than the influence of companies like Amazon and Google. They’ve crept into every corner of contemporary life; they possess outsized amounts of power and exercise imperial control over the digital landscape — and it looks like taking […]

Investors, pundits, and enthusiasts can’t stop speculating about cryptocurrency, and more often than not, their predictions center on price. But simply musing over the market performance of a specific coin ignores the larger potential of cryptocurrency. This space is about more than price fluctuations — it’s a digital financial revolution that’s poised to transform the world. Cryptocurrency […]

Blockchain is, in essence, an encrypted peer-to-peer distributed databases. It’s powered by countless computers located disparately around the world. The system is a growing, ordered collection of records called blocks, each with a timestamp that’s linked to a previous block. The technology uses cryptography to make sure that users can only edit their own blocks. […]

Cryptocurrency made a poor first impression with the public when it launched, thanks to an association with criminal activity and security loopholes that were not the fault of the blockchain technology on which it runs. Widespread application possibilities got lost among the sensationalism in the news, which included constant stories harping on the radical fluctuations in the value […]

As technology continues its seemingly endless evolution, robots are taking over customer service and back-end data analysis. Combining those functions to create robo-advisors makes perfect sense. Unconvinced? Look at the financial sector. Experts who weighed in as part of Financial Planning’s survey believe that wealth management firms will continue to invest in robo-advisors and financial mobile app development as the […]

Cryptocurrency and blockchain are revolutionary technologies, but being so far ahead of the curve comes with consequences. With few precedents to learn from and regulatory frameworks still in their infancy, the crypto space has attracted its share of shrewd opportunists whose scams — such as the infamous pump-and-dump schemes — have grabbed international headlines. Tech giants like Facebook and […]

Among fintech enthusiasts, cryptocurrency is often the life of the party — and regulation is the elephant in the room. For a while now, we’ve heard whispers about the need for crypto-specific regulations in the community, and after appointing the first-ever senior advisor for digital assets and innovation back in June, it’s clear the U.S. Securities and Exchange Commission […]

In the past five years, the global financial industry has experienced major disruptions thanks to innovative technologies in AI, Machine Learning, and Blockchain. The rate at which supercomputers are taking over the financial sector is leaving no doubt that the future of finance will largely depend on computer scientists and big data experts rather than […]

Ethereum (ETH) creates much debate in the crpytocurrency world about whether or not the overtaking of Bitcoin is possible. Since its inception in 2014, ETH radiates an aurora of trust and hope about being the golden standard for cryptocurrency. This reputation results from not only as a result of the technology that supports it, but also […]

Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public.  As of this writing 1 bitcoin is now worth over $5,600 USD.  And its meteoric rise doesn’t look to be abating any time soon.  Its potential to reshape how we […]

Be it the budding investors making millions of dollars from cryptocurrency or businesses hailing its high data security capability, my attraction for Blockchain grew exponentially when I learned devices could repair themselves in near time future. That’s a theory combining Blockchain and Internet of Things leading to a collaboration for a stunningly innovative world. As for now, nothing […]

Blockchain business case variety seems secondary in the conversation around blockchain hype. Tokenization on a blockchain system has received attention around the world with the increasing prevalence of ICOs (Initial Coin Offerings). For those who continue to see “ICO”, but have no firm understanding of the definition, here’s an over simplified version. An ICO is […]

It’s been a busy week in emerging tech, with a lot of big news. Here’s a quick recap of what you might have missed. Apple debuts ARKit This past week, Apple introduced ARKit, a new framework that allows you to easily create unparalleled augmented reality experiences for iPhone and iPad.  Some believe this (along with Google’s release […]

As the ICO fever continues to rise, LAToken, a blockchain platform which aims to make tradable potentially any type of assets, raised the equivalent of $9.6 million in late August. In just three days, investors bought 30 million tokens, each one amounting to 0,001 Ethereum (ETH). Founded by Russian entrepreneur Valentin Preobrazhenskiy, the LAToken platform (short for “Liquid […]

The IoT and coworking spaces have a lot in common. Both need to strike a careful balance between forging accessible yet secure connections to engage with and protect their growing communities. It’s a tough call. Lucas Seyhun, co-founder at The Farm Coworking, said: “While we work with some of New York’s leading technical startups, we […]

In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens comes as no surprise. The concept is not new, but we are now witnessing its first applications. One of these projects is propelled by Goldmint, a company with Russian roots now preparing for an ICO and the […]

Over the past few years, I’ve had the pleasure of spending significant time on the ground in China for ReadWrite and ReadWrite Labs. While here in China, I’m continuously discovering new opportunities that exist and even more reasons for foreign startups and corporations to consider getting started in China. However entering a new market can […]

Last week VEB, a major state-owned Russian development bank, signed a partnership agreement with the Ethereum Foundation to develop and implement Blockchain-based government applications. The Foundation’s founder Vitalik Buterin and VEB President Sergey Gorokov Chairman both took part in the signing ceremony, which was held during a Blockchain conference in Kazan, the capital of the innovation-friendly republic of Tatarstan. See […]

The IOTA Foundation will be the platform sponsor for the upcoming Hack4Climate conference, taking place from November 12 to 16 in Bonn, Germany, alongside the UN Climate Change Conference. A blockchain hackathon for climate change is scheduled to last all four days. Developers will team up with climate experts to build unique solutions using distributed […]

The Internet of Things is changing the world. It’s forcing big corporates to reassess their direction and future, and as a result many are rushing headlong into partnerships with tech startups, desperate to get a foothold in the market. Partnering can seem like a good idea. It’s relatively quick, easy and usually painless. It gives […]

Ukraine will soon have 150 new ATMs for both buying and selling cryptocurrencies, with around 30 of the machines slated to open by the end of August, The Kiyv Post has learned from Mike Chobanyan, head of the Bitcoin agency in Ukraine. The devices will allow both selling and buying hryvnias, the national currency, and a variety of […]

Two major investors from Russia and Belarus have just invested $25 million in Capital.com, a trading app that is similar to Robinhood in the US or Trading212 in Europe — but with a specific AI-powered function that provides users with tailored content based on behavioral analysis. This is the fourth deal under a $100 million investment program targeting AI […]

Big data and related technology are transforming the way businesses approach data analysis. While the sheer volume of data from its disparate sources have made data analysis and the process of extracting insights a challenging task for businesses, there are a few data-driven companies that can give us inspiration and direction. Booking.com has always been at the forefront of technology. Owned […]

The Internet of Things is a behemoth. IoT companies number nearly 3,000, employ 10 times that, and have created over $600 billion in value. But this behemoth is also mysterious, and, at times, confusing. So what exactly is IoT and who is involved? According John Koetsier, IoT analyst and advisor to ReadWrite Labs, IoT is […]

It’s safe to say by this point that the launch of the Pay platforms, like Apple Pay, Samsung Pay and so on, haven’t exactly set the world alight. Usage numbers remain difficult to come by, always a telling sign, and while growth may be slow and steady, it’s not the death knell for banks in […]

Given the choice between one piece of cake right now or a whole cake one month from now, we would probably choose the first. This psychological bias is known as “Time Preference” or “Delay Discount.” We’ve all seen this fine example of kids trying to hold on by not eating a marshmallow, in hope of […]

Last Friday here in Europe, we saw over 50,000 companies and over 100 countries hit by the WannaCry ransomware attack. In Germany, digital display boards at Deutsche Bahn train stations were inoperable. In Spain, internal computers were down at telecommunications provider Telefonica. In the UK, the National Health Service (NHS) was hit, with staff unable to access patient records, some phones down […]

Dell recently conducted a survey involving 2,608 global professionals working for companies in the enterprise sector with 250 or more employees. The results of this survey are no less than shocking and should be of interest to any business that deals with secure private or corporate information. These days, we trust corporations with our most private information. We trust […]

According to a 2016 Deloitte survey, fully two-thirds of Millennials expect to leave their current jobs by 2020. What does that mean for human resources departments? A fluid and robust job market has made recruiting more competitive than ever. Connecting with potential employees, particularly Millennials, is not easy. Technology such as LinkedIn and Indeed has […]

What makes our societies run? Oil? Silicon? Yes, and yes: When we place an order online and the item shows up on our doorstep the next day, or we stock our stores with delicacies from Chile to China, some quantity of petroleum and electronics fuels every transaction. But in all these exchanges, the operative factor […]

Ovum believes that the global insurance industry is entering a distinct phase of disruptive change driven by the Internet of Things (IoT). While the insurance industry has undergone significant technology-driven change in the last fifteen years, the basic insurance modus operandi has remained the same. However, as the industry enters this new phase, emerging IoT-based […]

The IoT Analytics team recently published an infographic highlighting the 5-step path towards successful implementation of IoT solutions. The insights are based on more than 30 expert interviews in IoT as well as recent research. For more information, you may refer to the Guide to IoT Solution Development. In this 31-page guide, you will find: […]

New data from the open source reveals the story of a simple javascript function. One line of code was re-invented over 100 times and duplicated over 1,000 times across GitHub’s top 10,000 repositories. This is only a symptom of a much deeper problem. Imagine every time you wanted to drive a car, you had to […]

Next year is likely to be a game-changing year for the banking and finance sector. As the General Data Protection Regulation (GDPR) and Revised Payment Service Directive (PSD2) are implemented across the European Union, the exclusive control of banks and other financial institutions on financial data of their customers is about to end. These new […]

Building a company today is not what it once was and the needs for founders have become a more dynamic and collaborative game. It’s no longer about the lone wolf in a garage building the next [insert your dream company here], instead, entrepreneurs that become successful are the one’s working with the community to define upfront […]