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

Biggest Blockchain Technology Gains for E-Commerce Industry

Although blockchain technology was first introduced in 2008, there are still many rumors circulating it and its boon for the e-commerce industry. Ten years on, businesses and customers are mixing it up with Bitcoin and attributing speculative investments and illegal purchases to its use. For a bit of background : Bitcoin is a type of cryptocurrency […]

December 28, 2018

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

Top Four FinTech Trends to Dominate in 2018

The year 2017, that is quickly passing into the history books, has turned out to be quite the year for the FinTech industry. The year has become a milestone for FinTech companies as, according to EY’s report, 33% of clients in 20 different countries currently and regularly use a minimum of 2 FinTech services. In […]

January 19, 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

How Blockchain Technology Streamlines the Logistical Supply Chain

Blockchain software development is changing the way business is conducted in industries worldwide. It is a very secure method of information sharing and creates a permanent digital public register of transactions that can be distributed and accessed among a distributed network of computers. Even though blockchain was originally developed to monitor and secure bitcoin transactions, […]

August 14, 2017