Arrival of a new technology always stirs up a lot of emotions. It is either met with wild enthusiasm or fierce criticism. This is because of its disruptive potential which both creates new opportunities as well as threatens the status quo. This love and hate dynamic also applies to blockchain. Initially associated with Bitcoin it was criticised for high-energy consumption. Blockchain technology, however, also has its merits such as: transparency, independence and security. That’s why it started to be used in a variety of sectors and for a range of purposes such as secure sharing of medical data or supply chain and logistics monitoring. Our new Ask Me AnyFin guest, Toni Caradonna makes use of blockchain to support nature conservation communities. How does he do it? Find out in the Ask Me AnyFin interview.
How do you overcome barriers? FinTechs featured in this week’s Code & Pepper news selection seem to know the answer providing their audiences with experiences that work across borders, help to save time and most importantly, empower their users to be in charge of their financial wellbeing. Find out more about a major Open Banking event, a fund encouraging NFT projects and successes of companies that optimise processes around payments, money transfers, education loans and donations!
How can cryptocurrency change the world? Is blockchain really a problem looking for a solution? In this episode of Ask Me AnyFin, we talk to Zion Schum, the cryptocurrency enthusiast and the CEO and co-founder of Leutheria.com. Check out the video or read the transcript below to find inspiring insights about cryptocurrency and blockchain specifics, its merits and challenges, and the vision of the future of the crypto world.
Despite challenges associated with each solution and business model, all FinTech companies face the same basic problem – trust. People confide with these organizations to multiply, keep safe or simply loan money. Their money. That’s why an image is so valuable. There’s a way to build trust and ensure a high level of technical proficiency; all at the same time. It’s called blockchain.
InsurTech stands for insurance technology, but this term can still be considered pretty abstract. After all, how can cutting edge technology work in the insurance industry? As with all innovative ideas, there are many ways to reach the goal. Read on to learn all you need to know about InsurTech industry: its history, how it’s used to make life easier and accelerate business, and what its future is going to look like!