In a few years from now, cash may no longer exist. Instead, we might be using microchips in our hands which will communicate with a digital currency system. As humans, we want things (and processes) to become more uncomplicated. That is how we measure progress. Right now, technology facilitates economic activity but may soon supersede […]
Did you know that there are still more than 700 million people in the world who live in extreme poverty? These people must scrimp, starve, and struggle to survive off less than $1.90 per day. By 2030, the World Bank estimates that more than 90 percent of those people will be concentrated in Sub-Saharan Africa.
We end the year once more with trading: a topic that might not be directly tech-related. It, however, relies heavily on online technology to help with investments and therefore, is noteworthy. More and more millennials are getting into the habit of adopting get-rich schemes. You just have to look on Instagram and Twitter to see
We have barely scratched the surface with the Internet (from the early eighties) and it is already seemingly being threatened with the competition. A possible replacement by a new phenomenon. Well, for lack of a better word, “replaced” has connotations of a dying Internet. This is far from accurate. This new phenomenon – fostered by
When it comes to providing means of storing, sending, and receiving money, banks and their affiliated institutions, have enjoyed a monopoly for centuries. They (especially central banks which allegedly are owned powerful families) have the authority to influence countries and their governments. We will not go into the level of control as this paves the