How Bitcoin Will Have Major Effects On Society

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Bitcoin is the virtual currency that everyone is talking about. There are now 15.5 million Bitcoins in circulation. But it’s not the only option out there in the crypto-world.  Like Bitcoin, there are coins available to be mined and, eventually, there can be multiple options to be traded on the open market and used to purchase goods and services.

One such virtual currency is OneCoin, run by Dr. Ruja Ignatova which is set to drive the industry forward.

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PINs and passwords are out… welcome to a world of wearable technology

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As spenders and savers, what does the future hold for us? Over the past 30 years, the way in which we bank and use money has changed drastically. While the pace of change has started to slow, there are still exciting times ahead.

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The Death of Bank Products is being greatly under-exaggerated

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Bank branches are ceasing to be the most important channel in banking. They are being replaced by far more efficient mechanisms for revenue generation and relationships. The discussion is increasingly resorting to a sort of desperate plea — “but branches aren’t going to die completely, are they?” No one is saying branches will grow.

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Study finds Immigrants are driving billion-dollar startups

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They’re creating an average of 760 U.S. jobs each, the study finds. Space X’s Elon Musk, Zenefits’ Laks Srini, Uber’s Garrett Camp, and Palentir’s Peter Thiel are all founders of billion-dollar startups and they’re also all immigrants.

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A $20 trillion rock could turn Planetary Resources into the richest company on Earth

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Amun 3554 is a little more than a mile wide and it’s one of the smallest M-class (metal-bearing) asteroids yet discovered. Unless it ever decides to smash into us — a theoretical possibility, but extremely unlikely over the next few centuries — it will continue orbiting the sun, unknown and unmolested.

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Ringly and MasterCard announce partnership to allow customers to pay with smart jewelry

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You are about to have another option at your fingertips to pay for things.  Last week, the smart jewelry company Ringly announces a partnership with MasterCard that will allow you to pay for items with the tap of a ring. (Video)

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By 2030 Bitcoin will be the 6th largest reserve currency in the world

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Bitcoin industry insiders suggest Bitcoin could be as widely used as the Swiss franc and the Australian dollar as they issue an optimistic prediction for the cryptocurrency. U.K.-based Magister Advisors, which advises the technology industry on mergers and acquisitions, interviewed thirty of the leading bitcoin companies from across the globe. It found a consensus view that bitcoin will become the sixth largest global reserve currency within 15 years.

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Mobile payments in the U.S. will triple in 2016

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One in 5 smartphone uses will mobile payments by 2016.

2016 will be a year of significant growth in technology. The number of people in the US using their phones to pay for goods and services at the point of sale will continue to climb steadily. According to the latest proximity mobile payments forecast from eMarketer, the total value of mobile payment transactions in the US will grow 210% in 2016, according to the latest proximity mobile payments forecast from eMarketer.

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Nine times when it makes sense not to pay off debt

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You really shouldn’t rush out and take on debt, but there are times when it actually makes sense not to pay it off.  All debt is not alike. Some of the worst kinds, such as unsecured credit card debt, can wreck your budget, but even there, you have cases where it won’t, and it could even work to your advantage. Other kinds of debt might seem imposing with those big red “Past Due” stamps but pose less of a threat to your financial future.

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Next generation of Bitcoin innovators will get their inspiration from MIT

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There has been a lot of enthusiasm in recent years for how cryptocurrencies will create new platforms, markets, and economies. But what will the future of commerce and the world look like? A vital question, and one that really hasn’t been answered.

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