Now that the year 2015 is in the books, Bitcoin enthusiasts and investors are looking ahead to what 2016 will bring for the digital currency. The past twelve months saw a record amount of VC funding flowing to various Bitcoin companies and startups, despite the not always positive news about Bitcoin. Will 2016 be the year of digital currency, or will the entire ecosystem be undermined by a certain type of user?
The future of financial services and products is directly linked to the advancements made in the field of technology. This is why sectors such as FinTech and Bitcoin are thriving right now, as they combine powerful technology with payment options to bring financial services to people all over the world. But what will be the biggest technology trends in 2016, and how can Bitcoin and FinTech companies use them to their advantage?
One of the topics being kicked around quite often is why there are so few women involved in the technology industry. To put that into perspective, this discussion goes further than just talking about management positions, even though that is a pressing issue as well. But at the same time, there are very few females known for their programming skills for some reason.
In this day and age, more and more people are looking for opportunities allowing them to work from the comfort of their own home. At the same time, working from home is a double-edged sword, as people have a lot of freedom but also a lot of responsibilities. Finding the right balance between the two is not easy but we have some tips to give readers a nudge in the right direction. All of these tips are especially valid for people in the FinTech and Bitcoin industry who spend a lot of time coding and looking at concepts.
There is no denying technology will play an even more important role in our daily lives over the next few years. As society is slowly transitioning into the Digital Age, more and more daily tasks will heavily rely on technological advancements. So far, it looks like 2016 will be an interesting year for certain technology trends. That being said, it remains to be seen how these forms of technology will impact the daily lives of consumers all over the world.
Innovating financial services is not an easy task to accomplish, as there are quite a few hurdles to overcome. Perhaps the biggest challenge is coming up with an idea that is not only innovative but could also lead to mass adoption by everyday consumers. Before such an idea can be formed, aspiring entrepreneurs need to be in the right mindset as to why they want to change the financial system in the first place.
Every now and then, the digital currency ecosystem receives positive marks from unlikely allies. Visa, one of the world’s leading credit card issuers, recently stated how 2015 was a breakthrough year for payments. With transaction volumes growing and new players joining the game, the next few years will be very interesting to say the least. Additionally, the blockchain is no longer a payment tool that can be ignored either.
A lot of people have been wondering as to why blockchain technology suddenly became of such interest to financial institutions around the world. There are several reasons attributing to this status with 2015 having been a year of many success stories. In the end, these stories might lead to the global adoption of Bitcoin as well.
The year 2016 will be an interesting one as many people are expecting great things to happen from a financial and technological standpoint. At the same time, the year 2016 will play a pivotal role in the future of data protection and user security. But what will be the predictions for 2016 and which ones will come true in the end?
Also read: Creating Financial Resolutions For 2016
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