What Does the DeFi Hold for Crypto in 2020?
By offering open-access technology, DeFi is to move away from centralized finance, which has dominated banking since its inception. Check, what’s there for you.
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Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
Stay tuned to get daily news on happenings and events in the technology world on Coinspeaker.
By offering open-access technology, DeFi is to move away from centralized finance, which has dominated banking since its inception. Check, what’s there for you.
It looks like Block.one and the SEC have figured out some kind of a deal as the launch of the beta version of Voice is scheduled on 14 February 2020.
Bitcoin emoji is now on Twitter. This is the first time that any platform has approved this symbol as an emoji. However, the BTC sign was approved as a Unicode symbol in 2017.
Citigroup is one of the biggest six U.S. banks that decided to have a robo-advisor. In the case of Citigroup, it will be free for customers with at least $50,000 in investments or deposits at the bank.
General Motors has revealed plans for a new GMC Hummer EV, a reproduction of the old vehicle line. The company’s stock has not reacted yet but things could change.
Verasity has a lot of plans for this year. Let’s have a look at some issues that will be in the center of its attention in 2020.
Mercedes-Benz is launching a blockchain-powered pilot that is aimed at monitoring carbon emissions in the cobalt supply chain. This initiative is to be realized in cooperation with startup Circulor.
5G adoption, as well as the services and wearables businesses, are said to help the Apple stock price to increase. Apple’s market cap is expected to grow from $1.3 trillion to $2 within a couple of years.
Tesla Inc. released better than expected earnings reports pushing its stock to record highs of over $630 in pre-market. Such figures allowed its CEO Elon Musk to earn $2.3 billion within an hour.
Microsoft reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).
Apple is planning to boost production and to ship 80 million iPhone units before June and 200 million by the end of 2020. However, the coronavirus might impede that plan.
Byte, a 6-seconds video-sharing app created by the co-founder of Vine, could potentially compete with TitTok given the number of downloads it has gained just in the first days after the launch.
Google, one of the most influential corporations, is having a lack of time to work on government requests. The company will take fees from federal agents and clerks for handling personal data requests.
After announcing massive profits in Q4 2019, IBM shares received a significant boost of 4.8 percent in one day which is more than in the last decade.
Amazon wants to suspend Microsoft from the DoD JEDI project until the case is resolved. The company has filed a new motion in court.