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Blockchain helps the Financial Services to grow
#blockchain
Blockchain gains momentum
Blockchain technology — essentially a virtual ledger capable of recording and verifying a high volume of digital transactions — is now spreading across a wave of industries. The technology to revolutionize government, finance, insurance and personal identity security, among hundreds of other fields. Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps are built using blockchain technology and cryptocurrency has become more widely accepted. As adoption of blockchain gains momentum, so does venture capital investment in the technology. It is digital information that is stored in a public database, and the benefit, particularly in the financial sector, is the ability to have a shared ledger recording detailed transactions without any identifying information, leading to improved security.
The financial majors including PayPal, Visa and JPMorgan have invested into the services sector and also adopted cryptocurrency as a payment method in the past year, as more startups are coming on the scene—armed with capital—to develop more user-friendly blockchain platforms. There are several tech companies also introducing blockchain into the sectors like Artificial Intelligence, cyber security, E-commerce, Fintech, gaming, healthcare, software social media and it is expanding to various sectors. The Fintech sector has experienced how the technology is able to secure faster the information transferring between businesses by making use of blockchain’s power of transparency and real-time data ledger technology to verify identities and reduce fraud, reducing costs, protecting consumer data and making it easier to approve credit transactions quickly. Another high growth sector is gaming, which is creating the gaming and the online experiences that feature true ownership of digital assets. It is creaബൈ VARINDIA| 19 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
Elon Musk के सिर पर सजा दुनिया के सबसे अमीर व्यक्ति का ताज
Elon Musk के सिर पर सजा दुनिया के सबसे अमीर व्यक्ति का ताज
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Rahul Gandhi का PM पर तीखा वार | अपने दोस्तों को अमीर बना रही Sarkar- Rahul | Gautam Adani |#dblive
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जेफ बेजोस को पछाड़ फिर सबसे अमीर बने एलन मस्क, इतनी बढ़ी अंबानी और अडानी की संपत्ति
जेफ बेजोस को पछाड़ फिर सबसे अमीर बने एलन मस्क, इतनी बढ़ी अंबानी और अडानी की संपत्ति
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टेस्ला के संस्थापक एलन मस्क ने एक बार फिर से अमेजन के जेफ बेजोस को पछाड़ दिया है। कंपनी के शेयर चढ़ने से मस्क फिर से दुनिया के सबसे अमीर व्यक्ति बन गए हैं। भारत के सबसे अमीर व्यक्ति मुकेश अंबानी को संपत्ति बढ़ने के बाद भी टॉप टेन से बाहर होना पड़ा है, जबकि गौतम अडानी के पायदान में सुधार हुआ है।
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Jeff Bezos' net worth tops $150 bn as Amazon shares surge | Economic Times
Jeff Bezos is the richest person in modern history. The Amazon.com founder's net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That's about $55 billion more than Microsoft co-founder Bill Gates, the world's second-richest person. Watch this video to know more. (Text: Bloomberg)
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Mark Zuckerberg overtakes Warren Buffett to become third-richest person in the world | ETPanache
Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg now trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates.
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