On February 4, 2004, Mark Zuckerberg and his fellow students from Harvard University launched a project which is now one of the greatest players of BigTech. Initially, Facebook was created in pure vanilla PHP. On its long way to the modern giant position (about 2 billion people currently use this social media every day), Facebook needed…
On September 7 this year, El Salvador introduced the Chivo bitcoin wallet for its citizens to provide commission-free payment service for remittances. In 2020, El Salvador got about $6 billion in remittances. The money transfer commission can reach up to 33%. So, if all Salvadorians turn to Chivo, it may cost Western Union and other…
The mobile application market has significantly grown due to the pandemic and COVID–19 restrictions. When shopping malls, offices, and educational institutions closed, people began to use mobile devices more often for shopping, communication, learning, and entertainment. Sensor Tower revealed that consumers had already spent $41.5 billion on iOS apps in H1 2021 (up 22% compared to…
In the year 2021, we value simple pleasures, like eating out or visiting a football match, much more devotedly than we used to. Our behaviors have changed greatly. Within a period of just a year, we have witnessed a great shift in the payment habits of the whole world. Such innovations in the payment ecosystem should…
Back in 1989, managers of Eastman Kodak Co. made a pivotal decision to cut down their internal IT expenses. They signed a contract with IBM Corp. and delegated it to create a new data center. Since that remarkable date, programming outsourcing has become a norm in practically every sphere of business. Moreover, the new reality…
Modern technologies continue to gradually penetrate into our lives and make them better. One of these promising solutions is blockchain, which was associated with Bitcoin and cryptocurrency until recently. However, PwC identified five key application areas of this technology that include tracking cash flows, identity management, payments and financial services, contracts and dispute resolution, as…
Development and transformation processes of current businesses face the growing demand for applying new advanced IT staffing services to hire professionals for modern digitalized markets. Whether they’re tech giants or tiny local companies — it’s impossible to follow changing market trends and fit into a new economic paradigm without specialists in different IT fields. Let’s…
According to Steve Blank, who was one of the first to make use of the term, a minimum viable product (MVP) can range from a simple spreadsheet or an early prototype to a fully functioning website or a mobile application, depending on the specific case. However, no matter the kind of MVP, its goal is…
Today companies have not only to survive during pandemic times but also keep their wits above one to stand against various hacker attacks and fraudulent activities. Businesses worldwide lost $42 billion due to fraud, according to the PwC’s Global Economic Crime and Fraud Survey 2020. To protect their revenues and confidential information, companies used rule–based…
When bitcoin passed $50 thousand in February 2021, it considerably rocked the cryptocurrency industry and a vast number of newcomers flushed the market. There are 106 million crypto traders around the world, according to the calculations provided by Crypto.com. They come to the platform to trade their cryptocurrencies and make money. The exchange, in turn,…
Application migration or more generally – Software migration – is a pretty common term nowadays. Actually, the first thing that comes to mind when people talk about application migration is cloud migration. Everyone’s moving their legacy systems to the cloud nowadays in pursuit of scalability, cost reduction, security and more. However, application migration is far…
Knowledge of foreign languages is a very significant advantage in the labor market today. According to the British Council, more than 1.5 billion people around the world are currently learning English. It provides a competitive edge and increases your professional value. By the way, being proficient in several languages opens wide job opportunities and sets…
The global cloud computing market is growing rapidly, as evidenced by the report provided by MarketsandMarkets. It reached $371.4 billion in 2020 and is expected to grow to $832.1 billion by 2025. Both large and small companies engaged in various industries avail of cloud solutions today. These services can be used for a wide variety…
The design phase is one of the most important steps in creating any product, be it a web application or a website. There are 3.48 million Android apps and about 2.22 million iOS apps in the market in 2021. If you open the list of the most popular applications, you’ll see that they are different…
If you’re planning to start some new project with high performance and scalability demands, this article is a must-read for you. Why? Here we talk about the language that allows high performance, impressive scalability and perfectly meets other demands of the modern distributed systems. Find out why use the Go language for your project and…