Advantages and Benefits of Digital Currencies There are immense advantages of using digital currencies. These advantages include; faster payment alternative, independence, global nature, cost-effectiveness, ease of use and privacy of data. We discuss them in what follows: Faster Payment Alternative:…
The financial system interconnects industries, governments and individuals around the globe. It steers money to them, diverts money away from them, intermediates between transactions, redistributes risk, and creates risk. Our relationship with money leads us into a relationship with financial…
What are stablecoins Stablecoins, as the name suggests, are cryptocurrencies that are designed to minimize price volatility. Most stablecoins have been designed to be equal to the US dollar, the world’s leading reserve currency. For example, a single unit of…
Because of digital technology, nearly all areas that are essential for business, science, public or private life are nowadays controlled technologically: security, healthcare, energy supply, production, mobility, communications and media. The more areas we leave to the control of data…
Everyone wants to transform their business, and everyone knows that transformation primarily depends on leveraging the right digital technology at the right time on the right processes at the right cost. What is Digital Transformation (DT) Digital transformation (DT), Is…
Aside from the Internet, which actually emerged at the end of the 20th century, Blockchain is the most disruptive technology of the 21st century. It radically unravels the trust, transparency, and accountability issues in business, and opens endless opportunities for…
