Category: Crypto

7 Big Financial Technology Trends for 2018

Financial technology has evolved over the years and the year 2018 definitely can be cited as a crucial year for fintech. Here are some of the biggest fintech trends of 2018 –

  1. Cryptocurrencies – ICOs in particular

Investing in ICOs or initial coin offerings, the ones that have a great idea and a reliable team behind them can turn out to be a profitable decision. For earning better credits ico reviews online can be of great help.

  1. Investments in Blockchain

Blockchain has been identified as a worthy investment for businesses big and small and there are huge investments being made on this technology.

  1. AI in finance

The finance sector is exploring the many possibilities of using AI or artificial intelligence in its various forms.

  1. Regulations

There have been several new regulations imposed in order to streamline the growth of fintech trends.

  1. A spike in fintech startups

There have been numerous new fintech startups in the recent times. Firms with a great fintech idea can easily make great progress given the increasing demand.

  1. Banking sector accepting digital transactions

Digital transactions are known to be quicker and more convenient. They also make it easy to identify and track every transaction that occurs and prevent frauds. Now with the increase in the security measures, the banking sector has outgrown the phase of skepticism and has started accepting the approach of going digital.

  1. Bot advisors

Using bots for financial advice is a trend that is heating up. There are numerous financial institutions that have deployed financial advisor bots. There are some that have also implemented hybrid systems with both human and bots providing the most relevant financial advice.

The role of technology in the finance sector has been more towards improving the convenience for the users and also improves the security.

Can You Really Make Money with Bitcoin?

From the year 2017 ‘Bitcoin’ exploded has been used as currency exchange and is now commonplace in many households and in business. The digital currency has been growing and many people have become very wealthy with its growth over the last 2 years. However, the experts say this is a volatile trading option, but if you know the stock market then it can be very lucrative.

There are various types of cryptocurrency and assures safe transactions with the use of a secure encryption. This online currency also is showing a skyrocketing trend online. It is believed that one Bitcoin is breaking the $11,0000 boundary with initial investors receiving millions. Just like everything newer in the market the Bitcoin too has advantages as well as disadvantages to study before adopting this money.

Several online companies are now cashing in on this new trend of people trying out a newer type of currency investment. Hence, they are encouraging people around the world to invest the money they have worked hard for in a Bitcoin investment. Financial experts guide that customers must not invest in an investment that they do not know about or understand completely.

Bitcoin investors require little research, but if they have some money to invest in bitcoin then the product is worth investing into. trulycoin can help explain what is available before buying currency, so you can find top coins. Tools can help clarify and simplify the investing process, which includes checking out what drives the Bitcoin value to go up or plunge low. Another thing to look for is the liquidity of the investment – is it ready to take out in case of an emergency or how long it will take to pull the currency?

In brief, those who want to take a risk in Bitcoin investment may get back even 20 – 30 times of investment money or it is simply a bubble that would burst.…