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As Statista writes, in 2023, the transaction value in the neobanking segment is projected to reach $4.5 trillion, and by 2027, the number of users is expected to amount to 380 million. This information raises many questions — from “What is so special about neobanks that people leave traditional banks and rush to use them?”…
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…
According to Amara’s Law, the effect of technology is usually overestimated in the short term, but in the long term, it is underestimated. Meanwhile, insurers are becoming more dependent on innovations and technologies for efficiency, security, and expanded capabilities. So, how can you define which insurance trends are the best for 2023? And which of…
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 Internet of Things may be a relatively new field for solution providers, but programming languages remain the same. Which factors influence your choice? What languages are the most popular ones for IoT developers? What are their advantages in relation to others? Let’s try to find some answers together. written by: Anastasia Borodinets The Internet…