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In the year 2022, 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…
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,…
If your software development company wants to offer something to crypto adopters and gain success in the market, you should know how to develop a Bitcoin wallet app. There are more than 70 million holders of Bitcoin wallets, according to Statista. People need crypto wallets to buy, sell, and exchange digital money. They can create…
It’s not rocket science to answer the question ‘what is insurtech?’ from the perspective of the meaning of the word. A much more exciting issue is revealing how insurtech is improving and transforming such a historically conservative industry as insurance. Our new article will focus on the current trends and prospects for development to make…
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…