Blockchain has already made its mark on the world. The cryptocurrency world has blockchain at its core, moving many industries forward and changing lives. This distributed ledger technology (DLT) might disrupt many carrier fields, but that doesn’t mean it won’t benefit many others. Blockchain is already finding its way to mainstream appeal, but when will […]
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Day by day, the world is recognizing the global technological uprising, with economies worldwide preparing for the next wave of economic development. In this digital insurgency comes a shift in dynamic for financial sectors, as services initiate a new thriving phase, integrating two industries to enable a more advanced financial inclusion. Telcos are spearheading the […]
Gains in actively traded assets that can be easily attained are what is driving the first wave of applications in banking and finance. These include improved data security, simplified customer verification required by Know Your Customer (KYC) and anti-money laundering (AML) standards, faster processing, and recordkeeping facilitation. Trading is supported by the common denominator of […]
The world is entering the new age of digital finance, and financial technology is a pivotal element that will help shape the industry’s future. There is no denying that the COVID-19 pandemic played an integral role in altering the UAE’s financial services, going from unconnected traditional ones to becoming a critical and essential factor that […]
The world of artificial intelligence (AI) hasn’t stopped surprising us. As AI algorithms are evolving towards the ultimate target of mimicking the learning process in the human brain, increasingly sophisticated applications are emerging. Lengthy procedures, complex operations, and data-intensive decision-making problems are gradually being replaced by AI-based automated paradigms that try to learn from the […]
The telecom evolution has been happening at a considerably fast pace. Civilizations flourished around the latest advances in technologies that allowed communications between distant parties. From smoke signals to pigeons and hawks, wireless communications went through several stages of evolution until reaching the current global connectivity we enjoy. The impact of telecommunications on society has […]
U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers. Harmony develops blockchains for so-called decentralised finance – peer-to-peer sites that offer loans and other services without […]
The digital era has expanded its limitations of deliverance to reach financial services. The World Bank is implementing a strategy to enlarge the adoption of digital financial services in developing countries to answer poverty and suffering economies. The integration of technology and finance (Fintech) in countries where an economy based on traditional services is suffering […]
Britain’s finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD this month. It is the latest sign of how regulators are trying to catch up with fast-moving developments in crypto markets which straddle national borders. “Since the initial commitment to regulate certain […]
Global demand for eSIMs is skyrocketing — in 2021, there were 1.2 billion eSIM-enabled devices, and this figure is expected to rise to 3.4 billion by 2025. In recent years the world of work has changed at a rapid pace and businesses face the challenge of determining which new technology is right for them. Here […]