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Is implementing blockchain a good idea? See for yourself. According to Buy Bitcoin Worldwide, “the global blockchain market will be worth $1,431.54 billion by 2030, growing at a CAGR of around 85.9% from 2022 to 2030.” The same source states that blockchain can reduce 30% of banks’ infrastructure costs, i.e., more than $10 billion every year….
Have you heard about the Health Insurance Portability and Accountability Act (HIPAA)? If you’re a software development company who deals with medical records, we sure hope you’ve heard of it! After all, it’s been around since 1996 working hard to protect our sensitive data from anyone who might want to mishandle or misappropriate it. In…
Insurance has always been a thing. But insurtech? It emerged only in 2010 when Friendsurance created the first peer-to-peer business insurance model. Nevertheless, in 2021, the global insurtech market size was already valued at $3.85 billion. Impressive enough, huh? But wait for it: from 2022 to 2030, analysts expect for the market to expand at…
Is blockchain only about bitcoin and other cryptocurrencies? Certainly, not. Blockchain guarantees the security and authenticity of data records. Today about 90% of banks in Europe and America research this decentralized technological system. Moreover, blockchain fuels insurance, healthcare, government, cybersecurity, and hundreds of other industries. Among the loudest names in the sphere are the businesses…
The raging storm of COVID-19 waves keeps on testing our healthcare systems. There has never been a greater demand for modern technological solutions used for professional diagnostics, treatment, and prediction of health conditions and specialized support and assistance of continuously overworked medical staff. According to The Lancet journal, machine learning in radiology is one of…