tech
Curious tech and technology from the realm of science and science fiction.
THE FUTURE OF FINANCE
Decentralized finance or DeFi is a popular term that has been used by financial advisers and crypto enthusiasts about a new technology that completely will take over the global financial system we use today. This is an emerging technology and as the name implies, it's main goal is to totally eliminate the intermediaries and middlemen such as banks and other financial institutions allowing people to make financial transactions through peer to peer financial networks, hence the name 'decentralized' as all the financial records are stored in a database that is accessible to anyone, similar to the blockchain.
By Flourish Kanu3 years ago in Futurism
The Pencil-Less Bank - A Frightening New Millennium Story
Banks are like everything else in the 21st century- unrecognizable from anything related to what we knew in the previous millennium. Today’s banks are mostly empty with very few tellers behind the long counters, as most banking is conducted online.
By Joan Gershman3 years ago in Futurism
Why Should Businesses Invest in Transportation and Logistics Mobile App Development?
Ever since Uber revolutionized ride-hailing services, investors have commenced concentrating on reinventing their transportation and logistics business. They have initiated funding for transport and logistics mobile app development. Smartphone applications have impacted travel options and accumulated consumers' trust. The transport and logistics mobile app development services have prevailed in users' hearts. Why? Due to its time-saving, painless accessibility, comfort, affordability, and simplistic characteristics.
By Charles Gates3 years ago in Futurism
The Magnificent seven Gulf Sovereign Wealth Funds are going on the offensive
As already witnessed after the 2008 financial crisis, the Gulf Cooperation Council (GCC) Sovereign Wealth Funds (SWFs) became more assertive during times of financial and economic difficulties. Their role has become more critical in stabilizing the international financial system during and after the recent financial crisis. Gulf SWF invested over 50 billion dollars to support banks and financial institutions in 2008, reducing the impact of the crisis, while propping up the US dollar value. A few of the companies the Gulf countries invested in during the crisis were global lenders Citigroup, Barclay, and sports assets Manchester City football team.
By Andrea Zanon3 years ago in Futurism



