Tag: FinTech

Japan And Fintech

A rather modern country, Japan has long been recognized as a pioneer when it comes to the implementation of various innovations. Japan is even leading in the count of vehicle production as it’s ranked #2 in Asia, manufacturing no less than 9 million of them, only trailing behind China. Just like how their cars continue to bring the latest technologies…

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Analysis – Gold And Blockchain Use In Singapore

Singapore is an economic behemoth. It has dominated other Southeast Asia countries for over a century, largely due to its dedication to good service. It’s well known for flourishing in trade and tourism, and it has excellent infrastructure. It can be described as both a city and a state that’s made up of several islands, one mainland, and another 62…

Singapore And Fintech

There has been an intense fintech explosion in Asia, with Singapore at the forefront of this growth. With more than 400 fintech startups in the country, Singapore stands out as the leading global fintech hub. Its strong financial presence has been an active catalyst in catapulting it towards fintech innovation. Furthermore, the country is riddled with plenty of incentives that…

Gold And Blockchain Use In Indonesia

Indonesia is the largest island country, comprising more than 13,000 islands. Due to this, it’s the 4th most populous country, with a population of about 266.7 million. It’s equivalent to about 3.5% of the world’s total population. When it comes to size, Indonesia is the 14th largest country in the world in terms of land area. In terms of combined…

Analysis – Malaysia Online Markets And Payments

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…

Analysis – Gold And Blockchain Use In Malaysia

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…

Malaysia and Fintech

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…

Governments And Blockchain Technology

The first block of Bitcoin which was mined in early 2009 paved the way for the launch of the world’s first cryptocurrency. Since then, Bitcoin’s market cap has risen to over $137 billion and along the way managed to spur the growth of numerous other digital currencies. While Bitcoin and all the other altcoins have gained tremendous value as currencies,…

Bitcoin vs Gold – Which One Is Better?

Bitcoin prices of over $19,000 per coin during the last quarter of 2017 led to cryptocurrency investors terming Bitcoin as the new-age “digital gold”. Placing the two side by side, it’s easy to see why investors would see them at almost the same level. However, gold has had no competition when it comes to the capability of having purchasing power…

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…