Blockchain Healthcare Technology to Solve the Industry’s Major Problems

Data security in the modern healthcare sector needs improvements. HIPAA-covered entities have reported that in March 2019, the amount of healthcare data breaches increased by 14% compared to the average rate of the last sixty months. As a result, the volume of exposed patient medical records has continued to grow. In March 2019, the medical […]

July 4, 2019

Biggest Blockchain E-Commerce Technology Gains Over the Last Few Years

E-commerce does not stand still. Over the last few years, the industry has rapidly grown. According to Statista, the e-commerce sector accounted for 11.9% of global retail sales in 2018, and by 2021, it is expected to account for 17.5%. Such rapid growth has caused the appearance and development of industry juggernauts such as Amazon, […]

June 27, 2019

Major Challenges and FinTech Trends That Will Dominate 2019

The fintech ecosystem has started to rapidly progress over recent years. Global investments in the financial sector approached almost $40 billion in 2018, which was a huge leap compared to the previous year. According to EY’s report, 33% of clients in 20 different countries use a minimum of two financial services, showing that the demand […]

June 20, 2019

Whitepaper: Solutions to Cut Costs and Improve Productivity in Logistics

Introduction In 2017, the logistics industry reached $1,171B. This is as much as today’s Indonesia’s and twice as much as Belgium’s GDPs. Additionally, logistics is expected to grow to $1,374B by 2023. Despite intensive development, transportation and logistics (T&L) continue to have low digitization. Only 28% of companies have rated themselves as “advanced” in this […]

May 2, 2019

Will Blockchain Continue Stirring Up the Fintech Sector?

Now that the hype around cryptocurrencies has subsided and capitalization of the cryptomarket has declined to US63 billion (as on January 20, 2019), it’s time to discuss how blockchain can shape fintech. Will consumers refuse cash in favor of decentralized substitutes? How soon will the banking sector adopt blockchain in its financial software? What are […]

January 24, 2019

Innovecs Digest, June 8: AR and VR Develop Social Skills, Blockchain in Phones, Retail and Healthcare

Innovecs weekly digest is your quick guide to the latest IT news discussed in the professional community. Stay tuned and explore engaging updates to keep up with the fast pace of the change in the digital world. VR is Not Only Here for Awesome Video Gaming Effect  You are sure to come across a handful […]

June 8, 2018

Innovecs Digest, May 24: Google showed AI updates, South Korea topped the list of AI adopters in supply chain, blockchain is to help track aerospace parts

Innovecs weekly digest is your quick guide to the latest IT news discussed in the professional community. Stay tuned and explore engaging updates to keep up with the fast pace of the change in the digital world.  Latest Google AI updates just introduced at I/O 2018  Google just held its annual developer show and introduced […]

May 24, 2018

Blockchain in Financial Services: What Is The Main Advantage Of This Technology

Probably most of us learned about the concept of blockchain at the same time as the massive spike in interest to the bitcoin crypto-currency arose. Bitcoin literally does not come off the pages of news about the world economy and finances, therefore it is quite logical that the technology itself attracts a lot of attention. […]

October 26, 2017

Initial Coin Offering Investments: What are the Biggest Risks and Prospects of ICO?

ICO – new scheme for financing business startups, the essence of which is in acquiring a part of the company and obtaining an appropriate share of the profit by investor. Recently, the so-called ICO or Initial Coin Offering has become very popular. The development of the cryptocurrency has opened new opportunities for financing startups and […]

September 27, 2017

Blockchain in essence – not just bitcoins. How a blockchain technology can be applied in healthcare

Fully understanding blockchain technology in healthcare can be very complicated. In order to do that, many resources can be scrolled through and to little purpose at that. The thing is that blockchain is essentially one of the most difficult conceptions to explain. However, we can still see it pop up literally everywhere. It just cannot […]

September 14, 2017