#IoT (Internet of Things)

[bespokesoftwaredevelopment-blog]

Top Technologies That Will Transform The Fintech Industry

Financial Technology or fintech is revolutionising the way businesses and governments function worldwide. This innovative solution refers to the application of technology to improve and optimise the use and delivery of financial services.

Fintech startups build intelligent software and algorithms that help business owners and customers easily and effectively manage various financial operations. Some of the ingenious existing examples of fintech are mobile payments, online financing, stock trading, insurance, etc.

According to a report by Statista, there were 10,755 fintech startups in America, 9,323 in Europe, the Middle East, and Africa, and 6,268 in the Asia Pacific Region in November 2021.

Another report states that the global fintech revenue is expected to grow from 92 billion euros in 2018 to 188 billion euros by 2024 at an average growth rate of 12%.

Fintech has considerable potential to disrupt the traditional banking and finance industry to improve and automate financial services. Considering the evolving rate of technology, a fintech startup must remain updated with the current trends to keep up with the market. Hence in the following sections, we have listed the five technology trends that can skyrocket the growth of a fintech startup. Also, how the Best mobile app design & development company in the UK can help you in Fintech App development.

1. Artificial Intelligence

Artificial intelligence or AI imparts the problem-solving and thinking capabilities of humans to machines. In recent years, the fintech industry has become heavily dependent on AI for numerous purposes like decision making, improving digital payments, identifying purchasing behavior patterns, etc.

The global AI in the fintech market will grow from USD 7.25 billion in 2021 to USD 24.17 billion in 2026 at a CAGR of 27.6%, reports Business Research Company.

AI can increase the value of the global banking industry by USD 1 trillion per year, says McKinsey.

AI applications like chat interfaces, wealth management, facial recognition, price forecasting, market trackers, etc., will be prevalent in the future and lead to an exponential rise in value creation. In addition, AI will drastically decrease the events of cybercrimes and financial threats because it effectively deals with unstructured data.

2. Blockchain

Blockchain is one of the most significant disruptive technologies that will radically change traditional financial services. It can be described as a digital ledger or database that records and distributes transactions in a business network.

Financial institutions use blockchain to increase security, reduce costs, and boost efficiency. This technology has been rising since 2018, tempting banks worldwide to adopt this innovative solution to secure their financial transactions.

According to research, the global blockchain in the fintech market can grow at a CAGR of 75.9%, increasing from USD 230 million in 2017 to USD 6228.2 million by 2023.

Blockchain records encrypted transactions that are impossible to penetrate. At the same time, it reduces the chances of hacking attacks by mandating transaction approval by network stakeholders. Moreover, Blockchain uses tokens as assets for value transfer, promoting the use of a single universal currency

3. Serverless

Serverless is an emerging technology that is rapidly changing the banking and financial industry by simplifying app creation. No matter what the size of your fintech startup, you can get remarkable benefits by utilising serverless features.

Your company can create and maintain applications on a simple cloud-based server in a serverless architecture. You don’t have to waste valuable resources on managing the servers or solving issues because the cloud providers maintain the back end of the app. No wonder why this technology is becoming popular among mobile app development companies.

Serverless architecture reduces the burden off your shoulder and helps you create lightweight apps easily and quickly to enhance your customer experience. Moreover, this increases business productivity and helps create new revenue streams for increased profits.

We are an App Development Company in the UK and a top provider of mobile app development services and have developed outstanding applications for fintech startups using Serverless technology.

4. Robotic Process Automation

Robotic Process Automation is a technology that uses software robots to emulate human activities like collecting data, moving files, filling forms, etc. RPA can be used to automate repeatable tasks that don’t need much human intelligence, making business processes effective.

Your company can use chatbots that interact with customers and answer their queries anytime during the day or night. The chatbots also take less time to reply to customers, enhancing user experience.

Other activities include data entry, managing and processing loans, consolidation and reporting, and analysing customers’ complaints. This simple technology can impart high value to any company, ensuring accuracy and high efficiency.

5. IoT

IoT or Internet of Things has given the fintech industry a tremendous boost in the past few years by providing extra security and increasing customer satisfaction. This technology can be described as a network of connected objects using sensors to collect and exchange data with other systems.

Markets and Markets Report says that the global IoT in Banking, Financial Services and Insurance market can grow at a CAGR of 52.1% from USD 249.4 million in 2018 to USD 2030 million by 2023.

According to a Statista report, the global IoT market is expected to grow from USD 389 billion in 2020 to over USD one trillion in 2030. At the same time, the number of IoT-connected devices would increase by 200%.

Cashless payments, introducing smart ATMs and banks, using security systems for fraud protection, supervising supply chain activity to reduce complicacy in debt collection, understanding the consumer market by analysing customer behavior, etc., are examples of how IoT helps businesses improve customer services.

The major benefit for you is that IoT is our area of speciality and we have made enough advancements in the building automation industry. For more information on Ficode IoT Services, click here.

Final Words

These five trending technologies are transforming the banking and financial world swiftly. A business using artificial intelligence, blockchain, serverless, Robotic Process Automation, and the Internet of Things can be highly productive, profitable, and popular. With ever-changing market demands and cut-throat competition, fintech startups must keep track of these trends to survive and flourish in the market.

If you want a simple and powerful mobile app for your fintech startup, you can partner with Ficode. We are a UK mobile app design and development company that provides bespoke app development services using innovative technology that exceeds your expectations.

We have the best app developers in the UK who will turn your raw ideas into profitable functional apps. Be it a smart android app or a stylish IOS app, our mobile app development services in the UK are one of the most affordable solutions.

Contact us now to know if you are looking for a Mobile App Development Company in the UK.

This post originally appeared on Ficode website, and we republished with permission from the author. Read the full piece here.

[yudizblog]

Emerging technologies are synergizing to provide the maximum output for its wielder. Read the blog to learn more about blockchain and iot with innovative technologies.

[metaversetechbiz]

Internet of Things

The Internet of Things, or IoT, is probably as broad and complex as the metaverse. At its core, IoT is about instrumenting things, connecting them, and using analytics to extract meaning and insights from the data collected from the long-anticipated tens of billions of connected IoT devices. The Internet of Things industry is well-known for its struggle to reconcile years of inflated expectations with a long legacy of being present before the term "Internet of Things" was coined. The Internet of Things (IoT) continues to broaden in scope in search of a TAM that will deliver on the lofty promises of an IoT of connected devices and economic benefit. Read more about internet of things here.

[sdreatechprivatelimited]

Some useful tips for IoT applications in the gaming industry.

The Internet of Things (IoT) is used in gaming, it opens up a lot of new options that make gameplay and the overall gaming experience better. 📈

Let's explore some useful tips for IoT applications in the gaming industry.

To learn more, click the link below 👇 https://sdreatech.com/iot-applications-in-the-gaming-industry . . .

[tingvall]

A lot of ghost stories can be abstracted into that there is a "state" where there should be none; houses keeping the routines of the old dead owners, dolls remembering the name of kids...

With Internet of Things we are basically making everything haunted by introducing hidden states to our everyday objects. This brings up a need for proper digital exorcists.

We are building a world filled with witchcraft and wonders.

[odinsblog]

Why did you post the pics of the woman on the toilet? Why would you do that? And the pics of the child? It doesn't seem like you really believe in privacy if you perpetuate the violation by sharing those pics. You should delete and repost with them.

[re: this post]

Nah, I’m not doing that. Its good as is. Their faces were blanked out. Besides, unlike my little blog, that post was simply an excerpt from an article that has probably already been seen and read thousands and thousands of times. You gon write MIT Technology Review and bitch at them too?

SN: it’s a really good article, I fully suggest people read it in its entirety (link to article—with faces blacked out—here)

The real problem is that Roombas (iRobot, Amazon, etc) are taking identifiable pictures and they are doing next to nothing to protect the people’s privacy or their identities - the unredacted pictures literally ended up on Facebook, FFS! To reiterate what was in the article: “the images reveal a whole data supply chain—and new points where personal information could leak out—that few consumers are even aware of”

Look, I don’t mind accommodating people’s reasonable wishes on social media, but some of you get carried away when you start demanding what I should or shouldn’t post on my own blog. I could understand if I was posting stuff that was anti-Black racism, or misogynistic, homophobic, transphobic, antisemitic, Islamophobic, etc… You know that if you don’t like what I’m posting, you can go make a post of your own, right? If you are even a semi-regular follower of mine, then you should know that I am not down with pissy little, passive aggressive foolishness like this. Next thing you know, you’ll be complaining to HR that my “sighing” is negatively impacting your mental wellbeing

Sorry, anon, I’m not giving in to your … concern trolling or whatever this is supposed to be

Grow up

¯\_(ツ)_/¯

[udemycoursefree]

The Internet of Things (IoT): A Revolution in Connectivity

The world as we know it is rapidly transforming thanks to the Internet of Things ( IoT ). IoT is paving the way for a new era of interconnectedness, revolutionizing the way we interact with technology, and reshaping various aspects of our daily lives. In this article, we’ll delve into the concept of IoT, its diverse applications, and the significance of understanding this transformative technology. We’ll also introduce a fundamental course that will help individuals explore IoT in-depth.

[jinactusconsulting]

What sets Konnect Insights apart from other data orchestration and analysis tools available in the market for improving customer experiences in the aviation industry?

I can highlight some general factors that may set Konnect Insights apart from other data orchestration and analysis tools available in the market for improving customer experiences in the aviation industry. Keep in mind that the competitive landscape and product offerings may have evolved since my last knowledge update. Here are some potential differentiators:

Aviation Industry Expertise: Konnect Insights may offer specialized features and expertise tailored to the unique needs and challenges of the aviation industry, including airports, airlines, and related businesses.

Multi-Channel Data Integration: Konnect Insights may excel in its ability to integrate data from a wide range of sources, including social media, online platforms, offline locations within airports, and more. This comprehensive data collection can provide a holistic view of the customer journey.

Real-Time Monitoring: The platform may provide real-time monitoring and alerting capabilities, allowing airports to respond swiftly to emerging issues or trends and enhance customer satisfaction.

Customization: Konnect Insights may offer extensive customization options, allowing airports to tailor the solution to their specific needs, adapt to unique workflows, and focus on the most relevant KPIs.

Actionable Insights: The platform may be designed to provide actionable insights and recommendations, guiding airports on concrete steps to improve the customer experience and operational efficiency.

Competitor Benchmarking: Konnect Insights may offer benchmarking capabilities that allow airports to compare their performance to industry peers or competitors, helping them identify areas for differentiation.

Security and Compliance: Given the sensitive nature of data in the aviation industry, Konnect Insights may include robust security features and compliance measures to ensure data protection and adherence to industry regulations.

Scalability: The platform may be designed to scale effectively to accommodate the data needs of large and busy airports, ensuring it can handle high volumes of data and interactions.

Customer Support and Training: Konnect Insights may offer strong customer support, training, and consulting services to help airports maximize the value of the platform and implement best practices for customer experience improvement.

Integration Capabilities: It may provide seamless integration with existing airport systems, such as CRM, ERP, and database systems, to ensure data interoperability and process efficiency.

Historical Analysis: The platform may enable airports to conduct historical analysis to track the impact of improvements and initiatives over time, helping measure progress and refine strategies.

User-Friendly Interface: Konnect Insights may prioritize a user-friendly and intuitive interface, making it accessible to a wide range of airport staff without requiring extensive technical expertise.

It's important for airports and organizations in the aviation industry to thoroughly evaluate their specific needs and conduct a comparative analysis of available solutions to determine which one aligns best with their goals and requirements. Additionally, staying updated with the latest developments and customer feedback regarding Konnect Insights and other similar tools can provide valuable insights when making a decision.

[websyn]

Demystifying Microsoft Azure Cloud Hosting and PaaS Services: A Comprehensive Guide

In the rapidly evolving landscape of cloud computing, Microsoft Azure has emerged as a powerful player, offering a wide range of services to help businesses build, deploy, and manage applications and infrastructure. One of the standout features of Azure is its Cloud Hosting and Platform-as-a-Service (PaaS) offerings, which enable organizations to harness the benefits of the cloud while minimizing the complexities of infrastructure management. In this comprehensive guide, we'll dive deep into Microsoft Azure Cloud Hosting and PaaS Services, demystifying their features, benefits, and use cases.

Understanding Microsoft Azure Cloud Hosting

Cloud hosting, as the name suggests, involves hosting applications and services on virtual servers that are accessed over the internet. Microsoft Azure provides a robust cloud hosting environment, allowing businesses to scale up or down as needed, pay for only the resources they consume, and reduce the burden of maintaining physical hardware. Here are some key components of Azure Cloud Hosting:

Virtual Machines (VMs): Azure offers a variety of pre-configured virtual machine sizes that cater to different workloads. These VMs can run Windows or Linux operating systems and can be easily scaled to meet changing demands.

Azure App Service: This PaaS offering allows developers to build, deploy, and manage web applications without dealing with the underlying infrastructure. It supports various programming languages and frameworks, making it suitable for a wide range of applications.

Azure Kubernetes Service (AKS): For containerized applications, AKS provides a managed Kubernetes service. Kubernetes simplifies the deployment and management of containerized applications, and AKS further streamlines this process.

Exploring Azure Platform-as-a-Service (PaaS) Services

Platform-as-a-Service (PaaS) takes cloud hosting a step further by abstracting away even more of the infrastructure management, allowing developers to focus primarily on building and deploying applications. Azure offers an array of PaaS services that cater to different needs:

Azure SQL Database: This fully managed relational database service eliminates the need for database administration tasks such as patching and backups. It offers high availability, security, and scalability for your data.

Azure Cosmos DB: For globally distributed, highly responsive applications, Azure Cosmos DB is a NoSQL database service that guarantees low-latency access and automatic scaling.

Azure Functions: A serverless compute service, Azure Functions allows you to run code in response to events without provisioning or managing servers. It's ideal for event-driven architectures.

Azure Logic Apps: This service enables you to automate workflows and integrate various applications and services without writing extensive code. It's great for orchestrating complex business processes.

Benefits of Azure Cloud Hosting and PaaS Services

Scalability: Azure's elasticity allows you to scale resources up or down based on demand. This ensures optimal performance and cost efficiency.

Cost Management: With pay-as-you-go pricing, you only pay for the resources you use. Azure also provides cost management tools to monitor and optimize spending.

High Availability: Azure's data centers are distributed globally, providing redundancy and ensuring high availability for your applications.

Security and Compliance: Azure offers robust security features and compliance certifications, helping you meet industry standards and regulations.

Developer Productivity: PaaS services like Azure App Service and Azure Functions streamline development by handling infrastructure tasks, allowing developers to focus on writing code.

Use Cases for Azure Cloud Hosting and PaaS

Web Applications: Azure App Service is ideal for hosting web applications, enabling easy deployment and scaling without managing the underlying servers.

Microservices: Azure Kubernetes Service supports the deployment and orchestration of microservices, making it suitable for complex applications with multiple components.

Data-Driven Applications: Azure's PaaS offerings like Azure SQL Database and Azure Cosmos DB are well-suited for applications that rely heavily on data storage and processing.

Serverless Architecture: Azure Functions and Logic Apps are perfect for building serverless applications that respond to events in real-time.

In conclusion, Microsoft Azure's Cloud Hosting and PaaS Services provide businesses with the tools they need to harness the power of the cloud while minimizing the complexities of infrastructure management. With scalability, cost-efficiency, and a wide array of services, Azure empowers developers and organizations to innovate and deliver impactful applications. Whether you're hosting a web application, managing data, or adopting a serverless approach, Azure has the tools to support your journey into the cloud.

[algoworks]

The future of mobile app development is here, and it's all about the Internet of Things (IoT)! From smart homes to wearables, IoT technology is transforming the way we interact with the world around us. 

Get ready to experience a new level of convenience, efficiency, and personalization with IoT-powered mobile apps. The possibilities are endless, and the future is now!

https://www.algoworks.com/blog/iot-future-of-mobile-app-development/

[archronova]

Jika dilihat dari topoligi ini, gimanakah cara agar ESP32 bisa diakses melalui VPS. Apakah dengan VPN. Jika ya, kayaknya harus cari referensi..

Edit :

Sebenarnya topologi bisa diganti, dengan meng'cloudkan aplikasi dalam server 'in premise'. Namun dalam hal ini, karena sudah terlanjur di set penyimpanan berada di VPS. Walhasil, menantang diri untuk mengkoneksikan sepertinya menarik.

Update:

Koneksi menggunakan ngrok melalui port 80 tidak bisa terkoneksi.

Penggunaan Library ESP32 belum maksimal. Update penomoran IP Statis belum dapat digunakan, sehingga perangkat masih menggunakan service DHCP untuk terhubung.

[industrydesignservices]

Teksun Telep Drowsiness Detection is used in cars for driver safety. It is a cutting-edge solution for driver safety that can help reduce accidents on the road. To know more about browse: https://teksun.com/ Contact us ID: marketing@teksun ,Ph: +1 970-586-5363

[justtechtalks]

The Rapid Advancement of Technology: A Look at the Latest Developments

Technology is constantly evolving, and it can be hard to keep up with the latest advancements. From artificial intelligence to virtual reality, technology is becoming more and more advanced at a rapid pace. In this blog post, we'll take a look at some of the most exciting and innovative technology developments of recent years, and explore how these advancements are changing the way we live and work.

Artificial intelligence

Artificial intelligence (AI) is one of the most talked-about technologies of recent years. From voice assistants like Siri and Alexa to self-driving cars, AI is becoming increasingly integrated into our daily lives.

One of the most impressive developments in AI is the creation of machine learning algorithms. These algorithms allow computers to learn and adapt without being explicitly programmed, enabling them to perform tasks that were once thought to be impossible. For example, machine learning algorithms have been used to create image and speech recognition software, allowing computers to identify and classify objects and sounds with impressive accuracy.

Virtual and augmented reality

Virtual reality (VR) and augmented reality (AR) are technologies that allow users to experience computer-generated environments in a more immersive way. VR allows users to fully enter a virtual world, while AR overlays digital information onto the real world.

These technologies have a wide range of applications, from gaming and entertainment to education and training. For example, VR can be used to create immersive experiences for gamers, while AR can be used to provide training simulations for pilots or surgeons.

The Internet of Things

The Internet of Things (IoT) refers to the interconnected network of physical devices that can collect and exchange data. These devices can include anything from smart thermostats and security cameras to wearable fitness trackers and smart appliances.

The IoT has the potential to revolutionize the way we interact with the world around us. For example, smart home devices can be programmed to adjust the temperature or turn off the lights when you leave the house, saving energy and making life more convenient.

As technology continues to advance, it's clear that it will have a significant impact on the way we live and work. From AI and VR to the IoT, these developments are already changing the way we interact with the world around us, and it's exciting to think about what the future may hold. As technology continues to evolve, it's important to stay informed about the latest developments and consider how they may affect our lives.