The cryptocurrency market has hit a pivotal point in June. Major cryptocurrencies are currently working on deploying upgrades aimed at enhancing investors’ and miners’ experiences. There are plenty of upcoming upgrades from major cryptocurrency players such as Ethereum, Bitcoin, and Ripple. They are all set to roll out upgrades into the market soon. Cryptocurrency adoption has also slightly hiked with…
Gold has been an important player in shaping the economic life of myriads of cultures worldwide. Its preference as an investment tool dates back to thousands of years. In fact, ancient cultures valued gold so much that they buried their dead along with their gold possessions trying to help them in the afterlife. Currently, societies have seemingly become more sophisticated…
The digital payments and online market industry in Malaysia is positioned for growth. This is currently made possible by increased internet penetration and high mobile cellular adoption. The total transaction value in the digital payments sector already amounts to about $5,018 million this year (2018). This transaction value is expected to show an annual growth rate of about 17.8% per…
Malaysia is poised to achieve high-income status soon. A goal clearly stipulated in its vision for 2020. So far, it has the fourth largest economy in Southeast Asia and is ranked 38th in countries with the largest economies worldwide. With a population of about 32 million and an increasingly growing middle income class, Malaysia’s labor productivity is significantly higher than…
Cryptocurrency mining can be explained as the process by which cryptocurrency transactions are verified and then added to the public digital ledger commonly known as a blockchain. Cryptocurrency mining is also another way that new Bitcoins are generated and released. Miners are responsible for ensuring that any and all transactions carried out on the blockchain are authentic. They also help…
The entrance of cryptocurrencies into the world back in 2007 was one that was met with criticism and skepticism from major players in the banking and finance sector. Fast-forward to 2018, cryptocurrencies have managed to not only revolutionize the finance and banking industry but have attracted the financial backing of major players in the sector. Cryptocurrencies have provided so many…
The demand for FinTech (Financial Technology) has greatly grown in Malaysia, being fuelled by factors such as rapid adoption of technology, high internet penetration, and increased levels of mobile usage. The country’s conditions such as having a strong underlying market, a large population, and its B2C (Business to Consumer) business model has also offered great conditions for FinTech solution companies…
There is no doubt that cryptocurrencies were an ingenious invention at the time of their launch. Originally created to take on the role of digital currency, cryptocurrencies have gone a step further into becoming one of the most sought-after investment assets globally. However, it’s the cryptocurrencies’ underlying technology, blockchain technology, which has changed into something greater than it was originally…
Gold has always managed to stand out among other investment assets. It’s particularly the reason why most expert investors recommend adding gold as 5-20% of your investment portfolio. Other than being an excellent portfolio diversifier, gold remains a favorite for investors as it can be easily passed from one generation to another as a form of inheritance. Gold is also…
