The bandwagon of cryptocurrency has not left out some of the prominent businessmen from the traditional field. Most of them are now realizing the benefits of digital currencies and the blockchain, the underlying technology behind Bitcoin.
The use of Bitcoin and other digital currencies has played a big role in the economic recession caused by Coronavirus. A lot of people, businesses and companies have stored their wealth in cryptocurrency in fear of inflation caused by the financial crisis due to the pandemic.
We have heard of people who instantly built their wealth from Bitcoin. But we have also read stories of those who were scammed and whose entire savings have gone with the wind. If there are two sides to the crypto story, how do we know the real score about it?
Competition amongst trading platforms has begun to heat up like never before, with each platform or exchange offering a wealth of new services, features, and more. However, one Bitcoin-based trading platform built on decades of real-world market experience is at the forefront of innovation and stands out from the pack as the best in the market, and one that will only improve and further become the most dominant in 2020.
The Bolivarian Republic of Venezuela, one of the most oil-rich countries in South America and the world at large, is still experiencing political instabilities and this has led its economy to stagnate. The traditional (fiat) currency bolivar has lost value due to the hyperinflation that hit the country, this has forced its citizens to massively store their wealth in crypto currencies such as petro, Bitcoin, Ethereum, Ripple and others.
A team of experts that was recently selected will explain Italy’s national strategy on AI, Blockchain technology and other innovative technologies. The team is composed of high-level experts appointed to strengthen the ground required to boost research, use, development, adoption of blockchain and to speed up its airing in both private and public services.
The digital currency market has been bearish for 8 months already, representing a downward trend in general. Many respected entrepreneurs, such as Jamie Dimon, JPMorgan CEO, think that this trend will continue. However, Bitcoin and altcoins have already become an important part of the global economy.
Wealthman is the first-ever fintech company to develop an anti-fraud wealth management infrastructure and continuously highlighting the need for significant changes in the industry. One of the glaring examples of why the sector needs major restructuring is this year’s events in Australia.
Today we speak with Alexey Shirobokov, CEO of AITrading, an AI-powered platform that levels the playing field between professional wealth managers and retail investors. Alexey has spent the past 13 years working in finance and corporate planning. Today, he will tell us more about his upcoming project.