Tag Archives: News

Easily one of the world’s richest people, Bill Gates says charity is the best way to spend his money. According to the entrepreneur and philanthropist, there really is no better way to spend the amount of money a billionaire makes.In a recent CNBC report, Bill Gates says that figuring out the best way to spend a ton of wealth can be pretty challenging. The report suggests that this could be a lot more challenging than the benefit of being able to buy anything you want with the...

Oxfam International in a recent report has highlighted how deeply inequality affects the global economy. The charity says that the disparity in wealth distribution, especially as it relates to gender, is a huge problem. Oxfam also adds that this situation is worsening and needs to be curbed.Wealth DisparityThe report, called “Time To Care” exposes a few facts about the global economy. For example, 2019’s richest 2,153 people in the world were richer than the poorest 4.6 billion people...

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

Amazon, the company which once only focused on e-commerce, now is also a technology giant. But it just doesn’t stop there. Now the company has revealed its future plans to step into the financial game and wants you to pay with your hands not credit cards.Amazon is now working on a system with which customers might be able to pay for their items with their palms or hands. This system is specifically for physical stores so that people could purchase their items at checkouts much faster.This...

TikTok is the video app popular among Generation Z ( the demographic cohort succeeding the Millennials, or Generation Y. Demographers and researchers typically use this term speaking about the mid- to late-1990s as starting birth years). The app is best known for its viral dancing and singing challenges, is obviously now a number one entertainment app on Apple‘s App Store for example.But let’s start from the beginning. There are many social media nowadays but few have the chance to get...

Ripple has indicated a serious interest in planting itself in the financial and remittance market of the Asia-Pacific (APAC) region. The giant blockchain company believes that the region is still a largely untapped mine and has its eyes firmly placed on this region for the year 2020.Ripple Has 2020 Plans for Asia-PacificIn an official Ripple publication on Thursday, the company breaks down the Asia-Pacific region, underscoring how much of a gold mine it is. Citing an article by the World...

One of the most experienced companies in blockchain payments BitPay is expanding XRP support. Now XRP owners can use the currency to make purchases on all the retailers BitPay works with. Besides, they can buy gift cards even for Amazon with XRP.BitPay co-founder Tony Gallippi has already confirmed the positive news. According to Gallippi, users will enjoy XRP support starting next week.Run! $XRP added to @BitPay!Starting next week, gift cards can be purchased with $XRP -even for...

FinNexus, an open finance protocol designed to create a bridge between different blockchains, announced via a Medium blog post plans to develop a tokenized asset platform on XRP ledger. The company will run a pilot project of the tokenized platform in Q4 this year.The crypto firm is planning to build three technical products: the Blockchain Interaction Protocol (BIP), a Protocol Cluster for Assets Payments (PCAP), and an Assets Distribution Protocol (ADP).To develop the BIP product, FinNexus...