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Banks globally centers a lot of attention on ways to improve customer service and to mine out useful clients’ consumption habits, so that it may induce their customers to increase their usage on facilities offered through the bank. That tool that help them reach this success and gain that competitive edge is through the use…
Bitcoin (or BTC) was launched in 2009 and is regarded as the first cryptocurrency. It’s a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments to make financial transactions. We hope this writeup will provide a brief introduction to cryptocurrencies (or crypto) and its functions. Fiat money (government-issued…
I have been in a financial technology company for slight less than a year. During this period, I have spoken with many people who are keen to be in this business. Many amongst them when thrown with hard facts, almost always eventually discover that they lack many resources to be able to run this business.…
Our paper currencies today are no longer valued against specific commodities, and evidence from the East has shown that people can fully depend on e-payments to live their lives. Stansberry Research (2019) Jim Rogers: Why I Couldn’t Buy Ice Cream In China https://grentone.com/wp-content/uploads/2020/07/Jim-Rogers-why-I-cannot-buy-Ice-Cream.mp4 . Available at: https://www.youtube.com/watch?v=XogCJp4s0hs [Accessed 18 Jun. 2019] E-payments have also got more sophisticated nowadays,…