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sahraeyll · 29 days ago

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Open Your Career: Top 10 Free Online Medical Billing and Coding Courses to Launch Your Future

Unlock Your Career: Top 10 Free Online Medical Billing and ⁤Coding Courses to Launch Your ⁢future

Are you ‌considering a career in ⁢healthcare but unsure where to‍ start? Medical billing ‌and ‌coding is one⁤ of the fastest-growing fields, offering numerous job opportunities and⁤ competitive salaries. ⁣If you’re ⁤eager‌ to dive in, there are plenty of free online courses available that can ⁢help you acquire the knowledge and skills necessary to excel in‍ this essential profession. In this article,we’ll explore the top 10 free online‌ medical billing and coding courses that can unlock your career.

Benefits of Getting Certified in Medical⁤ Billing and Coding

High Demand: ⁣The healthcare industry continues to grow, resulting in a surge in⁢ demand for qualified professionals.

Remote Work Opportunities: Many companies offer remote positions for billing and coding professionals.

Career Adaptability: You can work in various settings, such as hospitals, clinics, or even freelance.

Competitive Salaries: Medical billing and coding ‌specialists earn salaries‍ that can be quite lucrative.

Top 10 Free Online Medical⁤ Billing and⁤ Coding courses

Course Name

Platform

duration

Certificate

Introduction ‍to Medical ⁢Coding

Coursera

4 ‍weeks

Yes

Medical Billing and Coding: A Pathway‍ to a Career

edX

6 ⁤weeks

Yes

Medical Billing Basics

Udemy

2 hours

Health Facts Management

Alison

10-15 hours

Yes

Medical Coding for Beginners

FutureLearn

4 ⁣weeks

Understanding ICD-10-CM

NetCE

3 ⁢hours

Yes

Fundamentals of Medical Coding

TruMedic

5 hours

Intro to healthcare Billing and Revenue⁤ Cycle

AHIMA

2 hours

Yes

medical Coding Basics: ICD-10-CM, CPT, and HCPCS

Canvas Network

3 weeks

Healthcare Industry: Medical Billing and Coding Standards

Skillshare

1 hour

Yes

How to Choose the Right Course for ⁢You

When selecting a ⁢medical ⁢billing and coding course, keep these factors⁤ in mind:

– **Content⁢ Quality:** Look for comprehensive materials that cover foundational ‌topics in⁢ billing and coding. – **Instructor Credentials:** Research the instructors’ backgrounds to ensure they have ‍experience in ⁢the ‌field. – **Duration:** Consider how much time you’re ‍willing to invest. Some courses are shorter and more intensive than others. – **Certificate of Completion:** Many courses offer certificates, which can enhance your⁣ resume ⁢and career prospects.

Practical Tips for Success in⁢ Medical Billing and Coding

– **Stay Updated:** The healthcare field‍ is always evolving. Keep yourself⁢ informed about new ⁤regulations‌ and technologies related to billing and coding. – **Join Professional Organizations:** Joining organizations like ⁢the ‌American Health Information⁢ Management Association ‍(AHIMA) can provide resources and networking ⁣opportunities. – **Practice ‍Regularly:** Utilize practice exams and quizzes to‌ test your knowledge and get ⁢familiar with the ⁣coding systems used in real-world scenarios. – **Network:** engage on platforms like LinkedIn⁤ to connect with industry professionals; networking can lead to job opportunities.

Case Studies: Success Stories in Medical billing⁣ and Coding

1. ‌**Jessica’s⁤ Journey**: Jessica began her career in customer service but wanted to‍ transition into healthcare. after completing a free medical billing course on Coursera, she landed a job as‌ a billing ‌specialist within three months.

2. ⁤**David’s Transformation**: David⁣ was a ⁤recent college graduate uncertain of his next steps. He took a medical coding program on Udemy and, after earning his certification, found ⁣a position at a local‌ clinic, where he enjoys the constant learning environment.

First-Hand Experience: What to Expect in the Field

As a ⁤medical billing and coding professional, your day-to-day tasks may⁤ include:

– Reviewing patient records for accuracy. – Assigning appropriate codes to‍ diagnoses and procedures. – Submitting claims⁢ to⁢ insurance companies. – Communicating with healthcare providers about billing issues.

Many professionals report a rewarding career, as they contribute significantly to⁣ the healthcare ‌system’s financial health while ensuring patients receive necessary services without delays.

Conclusion

investing time in a free online medical billing and ⁤coding course is an excellent way to ⁣jumpstart‍ your ⁤career in healthcare. Not only⁤ will you ⁢acquire essential skills, but ⁢you will‍ also be positioning yourself for a rewarding ⁢job in a field experiencing rapid growth.⁣ With the right course,determination,and networking,you can ⁢unlock numerous opportunities⁢ in this vital industry. Start‌ your journey today, and take⁤ the first step toward a radiant future‍ in medical billing ‍and coding!

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https://medicalbillingcertificationprograms.org/open-your-career-top-10-free-online-medical-billing-and-coding-courses-to-launch-your-future/

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truuther · 9 months ago

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bankerkanika · 1 year ago

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Streamlined Travel: Embracing Convenience with Federal Bank FASTag for Effortless Toll Payments

The Federal Bank FASTag, a pioneering force in the hassle-free travel field, revolutionizes toll booth solutions with its efficient electronic toll collection system. It epitomizes convenience. By employing cutting-edge Radio Frequency Identification (RFID) technology, specifically designed for this purpose, the device enables contactless toll payments. Users can make these transactions directly from their linked prepaid or savings accounts.

The Federal Bank FASTag operates actively at 498 toll plazas along national and state highways. This operationality signifies their dedication to facilitating smooth journeys for travelers. As an essential component of the National Electronic Toll Collection (NETC) initiative, this strategic maneuver under NHAI's and IHMCL's guidance guarantees a harmonized, uncluttered experience in paying tolls.

Affixed to your vehicle's windscreen, the FASTag symbolizes liberation from toll payment issues. It is not just a simple device. This RFID marvel boasts robust validity for five years and needs only periodic recharging. This allows near-uninterrupted vehicle movement through toll plazas. Additionally, it offers you the convenience of cashless transactions.

Features and Benefits of FASTag

Federal Bank FASTag brings a myriad of features and benefits, transforming your travel experience on highways:

Seamless Payments: Bid adieu to the inconvenience of carrying cash at toll booths, enhancing your travel efficiency by saving valuable time.

Enhanced Fuel Efficiency: Enjoy uninterrupted vehicle movement, translating to reduced fuel costs and a more cost-effective journey.

Effortless Online Recharge: Recharge your FASTag effortlessly through diverse online avenues, including Credit Card, Debit Card, or Net banking, ensuring convenience at your fingertips.

Real-time Notifications: Stay in the loop with instant SMS alerts, keeping you informed about toll transactions, low balance, and recharge notifications for proactive management.

User-friendly Online Portals: Navigate through dedicated online portals tailored for customers, the bank, and vendors. These user-friendly interfaces guarantee a hassle-free experience, making interactions smooth and efficient.

Environmental Consciousness: Embrace a sustainable approach with Federal Bank FASTag, contributing to reduced air pollution and minimizing paper usage in toll transactions.

Social and Economic Upsides: Bid farewell to the complexities of toll payments and welcome a new era with analytics facilitating superior highway management. Experience reduced effort both in toll plaza management and centralized monitoring, redefining social and economic advantages associated with toll collection. With Federal Bank FASTag, the journey becomes not just convenient but environmentally conscious and economically beneficial.

How to Apply via FedMobile?

Securing your Federal Bank FASTag through FedMobile is a straightforward process. Ensure a smooth application by adhering to these user-friendly steps:

1. Access your FedMobile account and click on the 'FASTag' service on the Home screen.

2. Specify the make and model number of your vehicle.

3. Input your vehicle registration number and submit a photo of the Registration Certificate (RC).

4. Indicate eligibility for exemption by selecting 'Yes,' furnish the necessary details, and proceed.

5. Opt for your Debit Account and finalize the transaction by entering your MPIN. Experience the ease of obtaining your FASTag with these simple and efficient steps through FedMobile.

How to Apply via Online Portal?

If you opt for the online method, securing your Federal Bank FASTag is a seamless process:

Navigate to the dedicated FASTag Portal by accessing (https://netcfastag.federalbank.co.in).

Select the 'Apply Online' option.

Input essential personal details, including Name, Email, Mobile Number, Date of Birth, and ID proof number.

Upload the required ID proof and provide address details.

Furnish the make and vehicle details, accompanied by the upload of the Registration Certificate (RC) Copy.

Execute the payment, and an affirmative application success message will be promptly delivered. Embrace the simplicity of acquiring your FASTag through the online portal for a hassle-free travel experience.

In Conclusion

The Federal Bank FASTag transcends the conventional toll payment experience, offering a seamless journey marked by digital payments, reduced environmental impact, and significant economic and social benefits. Embrace the future of hassle-free travel with the epitome of convenience—Federal Bank FASTag.

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xasha777 · 1 year ago

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In the vibrant corridors of Starlight Station, nestled in the infinite black of space, the atmosphere was abuzz with music and laughter. The station was a melting pot of cultures, hosting beings from across the galaxy. Amid the revelers, one stood out—an alien with gleaming, reptilian scales that shimmered under the disco lights, a spectacle of biology unlike any human.

Xalara, as she was known, was part of an interstellar exchange program organized by the Galactic Council in collaboration with the Naval Education and Training Command (NETC). Her mission was dual: to learn about human naval operations and to educate humans about her planet’s aquatic technologies. Stationed on Earth, Xalara had been studying at the NETC headquarters, immersed in human naval history and engineering.

Tonight was her first real break from the rigors of naval theories and propulsion systems. She was at the station's annual gala, an event that promised relaxation and a bit of harmless mingling. But as the night progressed, Xalara felt an unexpected pull from the crowd—a distress signal silent to human ears but clear as crystal to her.

With a polite nod to her dancing partners, she excused herself and followed the signal’s call through the throngs of partygoers. Her search led her to a secluded booth where an old human, garbed in a worn naval uniform, sat isolated and quietly sobbing into his hands.

Approaching gently, Xalara introduced herself. The old man looked up, his eyes widening at the sight of her alien form, but a spark of recognition flickered through his sadness.

"Commander Harold Bates," he introduced himself. "Retired from the Earth Fleet. I lost my ship to a rogue black hole near the Orion sector. My crew... only a few of us made it back."

Xalara listened intently, her heart going out to the commander. Back on her planet, commanders who lost their ships were celebrated as heroes, their sacrifices honored in the annual Gathering of Tides. Moved by his story and seeing an opportunity to bridge their worlds, she shared her culture's perspective on loss and honor.

Inspired, Commander Bates proposed a project that could perhaps mend his heart and offer his experience a new purpose. Together with Xalara, they would start an initiative under the aegis of the NETC to train young cadets in handling emergencies and unpredictable space phenomena, using both human and alien techniques.

Months rolled into years, and their program flourished, becoming a cornerstone of the curriculum at NETC. Commander Bates found a new joy in teaching, while Xalara’s knowledge of human resilience grew deeper.

At every annual gala, amidst the laughter and the music, there would always be a moment where Xalara and Commander Bates would look out into the crowd, their hearts full, knowing they had turned a chance meeting into a legacy of shared knowledge and mutual respect. And in the grand tapestry of the cosmos, their bond—a symbol of unity and learning—shone as brightly as the stars that watched over them.

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native123-world · 2 years ago

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NETC Apprenticeships www.nativetc.com

Apprenticeship is an on-the-job training program for people who want to work in a skilled trade or occupation and includes learning new skills from skilled journeypersons. Apprenticeship training provides access to well-paying jobs that demand a high level of skill, judgement and creativity. Apprentices are paid while gaining work experience, and their wages increase with their level of skill.

Our Pre-Apprenticeship Training Program’s helps potential entrants to the apprenticeship system develop their job skills and trade readiness so that they will be prepared to find work as apprentices. Programs are 20 weeks in duration and may include the Level 1 apprenticeship in-school training or relevant apprenticeship training, and relevant safety training. Participants will start with a 20 week pre-apprenticeship program; during this time they will be registered as a 1st year journeyman and placed with a licensed trades company for the duration of the apprenticeship.

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goautomac · 2 years ago

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Now You Can Check Your Fastag Status on GoAutoMac App.

FASTag is a convenient electronic toll collection system that allows you to pay toll charges automatically without stopping and paying cash at the toll booth. If you have applied for a new FASTag or are looking to check the status of your existing FASTag, you can do so on the GoAutoMac App.

Here are the steps to check your FASTag status on GoAutoMac App :

🔘Download the GoAutoMac App at https://www.goautomac.com/ 🔘Click on the "FASTag" tab on the top menu bar. 🔘Select the "Check Status" option from the drop-down menu. 🔘Enter your Vehicle Registration Number(VRN) or NETC FASTag Id number in the given field. 🔘Click on the "Check Status" button.

Once you click on the "Check Status" button, the website will display the current status of your FASTag application or account.

#GoAutoMac#Fastag#fastagstatus#thane#mumbai#navimumbnai#instacar#findnearbyservice #car#bike#detailing#carsofinstagram#carwash#carcare#fastag#digitalindia#transformingindia#carwash#carwashtime#carwashday#carwashlife#carwashing#carcleaning#cardetailing#premiumwash#washing#mobiledetailing#detailingcentral#luxurycars#autodetailingsemarang#steamcarwash

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avalonglobal · 3 years ago

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The Rise of Digital Payments in India - Avalon Global Research

Every cloud has a silver lining. The COVID-19 pandemic has advanced the digital payments adoption in India by 5-10 years. The need to avoid physical cash led citizens to increasingly tap into the digital ecosystem.

Fortunately, the ecosystem was up and ready. Over the last 5 years, there has been a serious movement towards creating a robust digital payment ecosystem in India which is seamlessly integrated into the existing systems.

So, what constitutes the Digital Payments landscape in India?

Mobile App based Payments

Mobile Wallets

Net Banking / Internet Based Transactions

Card Transactions

Aadhaar Enabled Payment Systems (AePS)

Unified Payments Interface (UPI)

It is the Unified Payments Interface (UPI) that has been termed as the revolutionary product in the payment system. National Payment Corporation of India (NPCI) owns and operates the Unified Payments Interface, which was launched in 2016. NPCI approves the participation of Customer Banks, Payment Service Providers (PSP), Third Party Application Providers (TPAP) and Prepaid Payment Instrument issuers (PPIs) in UPI.

Interestingly, over the last 2 years, consumers from every stratum of society began transacting on these UPI apps with the result that private companies like PhonePe garnered the highest revenues of Rs 4,715 billion ($61bn) followed closely by Google Pay at Rs 3,388 billion ($44bn) and then Paytm at Rs 838 billion ($11bn). Others include Cred with Rs 161 billion ($2 billion), ICICI Bank apps with Rs 103 billion ($1.3 billion), BHIM with Rs 80 billion ($1 billion), Amazon Pay with Rs 68 billion ($0.9 billion), and various other bank apps.

NPCI has been on a mission with a range of digital products. An important one is the BHIM app for cashless payments. Its earlier drive in 2012 towards a digital ecosystem with the launch of the RuPay card has picked up over the last two years, even in the remote pin codes. The recent move to extend the NETC FASTag to state tolling was yet another major step.

Digital literacy is the key to transforming India to a cashless economy. To this end, NPCI ran a campaign called ‘UPI Chalega’ (UPI works) supported by a microsite to teach people how to make digital payments. Also, the service providers on their part have been reaching out to the retail customers and the merchants, enabling them to switch to digital payments.

Companies like Paytm and others, made consistent efforts to promote their apps in Tier 2 and Tier 3 cities. They got to the brass tacks, educating the smallest of small players like the taxi drivers, and the local grocery stores, on the use of digital money transfer.

As a part of its initiative to support small businesses, Google’s new app GPay for small and medium-sized merchants enables digital payment without the hassles of time-consuming onboarding and verification processes.

The digital payments space has seen another new entry, which is fast gaining ground. The entry of WhatsApp payment. With a strong user base of 400 million, WhatsApp elevates the convenience factor to a different level, wherein the user can transfer money from the same app while messaging. Reliance owned Jiomart is planning to integrate its ecommerce platform with WhatsApp. The coming together of these two behemoths will fuel the growth of ecommerce, increasing digital payment usage across the town class including rural India.

The figures point out that India is rapidly moving towards cashless transactions. India has recorded daily digital transactions worth Rs 200 billion. The Reserve Bank of India’s (RBI) digital payments index (DPI) is further proof. The index launched in January 2021 to indicate the extent of digitisation of payments across the country shows that the index for September 2021 rose to 304.06 as against 270.59 in March 2021 and 153.47 in March 2019.

So, will this rise sustain or is it just a pandemic outcome? Experts believe that there is a big untapped market where cash usage is still dominant. Besides, as businesses resume in full swing post the pandemic, digital payments are expected to rise further, as clients and consumers have gotten accustomed to a more easy and secure way of making payments.

Furthermore, features like the Quick Response Code (QRC) payments are gaining popularity because these can be used to pay for most services like fuel, groceries, and travel and can be scanned from both paper and screen. The introduction of interoperability of the UPI platform, where service providers allow consumers different choices of payment is another feature to propel the digital surge.

India is already leading the pack. As per an industry report, the usage of digital payments among Indian consumers is the highest at 75%, followed by China at 63% and Italy at 49%. The global average was at 45%.

Adding to this digital growth story is another booming segment BNPL (Buy Now Pay Later) apps. UPI also caters to “Peer to Peer” collection requests which can be scheduled and paid as per requirement and convenience. This essentially gave rise to a host of BNPL apps in India. While BNPL services have been around for quite some time, it is again the global pandemic that has propelled the adoption and growth of the BNPL industry in India. The Indian BNPL market experienced a boom with companies recording a 300 to 600% surge due to the high adoption rate in the millennial and GenZ population. Seeing the huge potential of the Indian BNPL segment from the short to medium-term perspective, global firms are entering the market through strategic investment in local firms.

European countries have been the leaders in adopting this new financing solution, with Sweden (23%), Germany (19%), and Norway (15%) having the highest market share. India is comparatively a small player currently but seems to be catching up to more mature markets with domestic ecommerce transactions via BNPL at 3% in 2020. But what could come in the growth’s way of this sector is the lack of a regulatory and monitoring agency. The RBI has already stepped in and highlighted the need for a regulatory purview on BNPL companies. This is not expected to stall growth but could reduce the euphoric growth rates.

India is indeed on the path to adopt digital cash in a big way. In the coming years, physical cash in an Indian’s wallet may well be a thing of the past.

Author –

Bhasker Canagaradjou, Vice President, Avalon Global Research

#digital payments #digital ecosystem #Unified Payments Interface

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vsplusonline · 5 years ago

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IHMCL Idfc Fastag Card for Car/Van/Similar Mini Light Commercial Vehicle

New Post has been published on https://apzweb.com/ihmcl-idfc-fastag-card-for-car-van-similar-mini-light-commercial-vehicle/

IHMCL Idfc Fastag Card for Car/Van/Similar Mini Light Commercial Vehicle

Price: (as of Jan 01,1970 00:00:00 UTC – Details)

FASTag: FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments from the prepaid account linked to it. It is affixed on the windscreen of your vehicle and enables you to drive through toll plazas, without stopping for cash transactions. Apart from it road user will get 2.5% cashback in wallet on monthly basis . It is a 10×5 cm, rectangle shape, multi layered tag, which is made out of good quality paper, containing chip and antenna inside its layers. It is important to choose correct vehicle class else you be charged at plaza more than actual Toll Payment. Tag provides you with the convenience and ease during transit through the toll plaza along with saving time, fuel. FASTag is presently operational at 480+ toll plazas across National Highways. The system is inter-operable and the same FASTag can be used across all toll plazas under the National Electronic Toll Collection (NETC) program. Dear Consumer please note:It is mandatory to activate. For activation you need to your certain details like date of Birth, Email id, Aadhaar card and Vehicle RC from your registered mobile number to FASTag ETC number which will be communicated. Note:- Once you receive the product, you need to send photo of your Aadhar, RC book and details mention in user Manual you need to send to given whatsapp number . Your fastag will be activated within 1hrs Also you will receive the personal user id and password once the registration is complete. Important Note: It is essential to affix the FASTag on the windscreen of the vehicle as described in the Instruction Manual. If the FASTag is found NOT affixed on the windscreen of the assigned vehicle at a toll plaza, it is liable to be blacklisted and the customer will have to pay cash. Tag is Not Activated By Default. Rs.100 Added to your Account

#Consumer Electronics

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native123-world · 3 years ago

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NETCollege Services

Greeting from the NETC team at the Native Education & Training College of Business, Healthcare, Human Service and Technology. We are an Ontario registered and approved Private Career College PCC # 175518 non-profit with a state of art ground Campus, with an Online Virtual Learning Management System Platform (LMS) that provides Indigenous Canada, USA Tribes, and main-stream clients with a quick enrollment process, up to date academic diploma programs and continuing education courses, and capacity building workshops, with daily, weekly, and monthly start dates. Our programs will enhance participants skills in their current position and open doors for entry level employment for new employees and citizens in your community. We are also partnered with Contact North Ontario, and Thompson River University, BC and we are an approved Designated Learning Institution for International Students - DLI # O267787680722. Check us out at www.nativetc.com your Indigenous Private Career College.

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bigyack-com · 6 years ago

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How To Use/Buy FASTag, Charges, Banks Fee, Documents, Penalty, Other Details

FASTag is a device that employs RFID technology for making toll payments directly. The government has decided to declare all lanes at toll fee plaza on national highways as 'FASTag lanes' from December 15. The FASTags were supposed to be implemented across the country by December 1 but the Ministry of Road Transport and Highways (MORTH) extended the FAStag deadline to December 15 for the convenience of vehicle owners. FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly while the vehicle is in motion, according to the official website of the National Electronic Toll Collection.

Here are 10 things to know about Fastags and its usage:

From December 15, non-FASTag users will be charged double the fee if they pass through FASTag-only lanes, according to Ministry of Road Transport and Highways.In order to save fuel, time and pollution and to ensure seamless movement of traffic, Ministry of Road Transport & Highways has launched National Electronic Toll Collection program (NETC).Accordingly, National Highways Authority of India (NHAI) has equipped all fee plazas with Electronic Toll Collection System. For ease in availability of FASTag, NHAI has also launched MyFASTag APP. The app will provide information regarding FASTag along with location of point of sales (POSs) and charging/ linking with NHAI/other wallets or bank accounts.According to the National Highways Fee (Determination of Rates and Collection) Rules, 2008, a FASTag lane in a toll plaza is reserved exclusively for movement of FASTag users.The radio-frequency identification (RFID)-based FASTag is affixed on the windscreen of the vehicle. It allows for direct payment of fee from the prepaid or savings account linked to it and enables vehicles to drive through without stopping for transactions.The tag, which can be purchased from tag issuers, is multi-layered and made of good quality paper, containing chip and antenna inside its layers.All the major banks are offering the FASTag payment facilities. State Bank of India, ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are part of the National Electronic Toll Collection (NETC) initiative rolled out by National Payments Corporation of India (NPCI), under the guidelines of National Highway Authority of India (NHAI) and Indian Highways Management Company Limited (IHMCL).State Bank of India (SBI) - the country's largest lender - charges a security amount of Rs 200-400 for the issuance of RFID tags for different classes of vehicles. This amount is refunded to the customer at the time of closure of the RFID tag account, according to the SBI FASTag website - fastag.onlinesbi.com.HDFC Bank charges one-time fee of Rs 200 plus service tax for issuance of FASTag. The refundable security deposit depends on the vehicle type, the lender said on the website- fastag.hdfcbank.com Read the full article

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quanrel · 8 years ago

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Professional Iphone Programming with Monotouch and .Net/C# Print + eBook Bundle

– Buy on Amazon

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#Bundle #eBook #home server operating systems #iPhone #microsoft office #Monotouch #NetC #print #Professional #Programming #programming languages #reporting databases #security & maintenance #web development software #Web Page Editing & Effects

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mybhkhome · 5 years ago

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RBI allows use of UPI and other non-bank payment methods to link FASTags

Move to boost NETC, foster competition among system participants; turnaround time for resolving failed transactions will be applicable to the transactions carried out in the NETC system https://probdm.com/site/MjYzMw

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petercavalli · 6 years ago

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Newly developed 5-day course Commercial Fire Sprinkler System Plans Review – P0263

The U.S. Fire Administration’s National Fire Academy is conducting a pilot course at the National Emergency Training Center (NETC) in Emmitsburg, Maryland for the newly developed 5-day course Commercial Fire Sprinkler System Plans Review – P0263.

This pilot offering is scheduled for June 10-14, with students to arrive Sunday, June 9 and depart Saturday, June 15. The course code is P0263.

Th…

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teiraymondmccoy78 · 7 years ago

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The Cryptocurrency Market Grows as New Applications Arise

NEW YORK, December 17, 2018 /PRNewswire/ —

Last year, digital currencies rapidly gained prominence. Since then, the cryptocurrency market has fallen significantly, as a Bitcoin was trading just over USD 3,000 in mid-December. However, research suggests that cryptocurrency will still have a use despite the meteoric fall. According to data compiled by Transparency Market Research, the global cryptocurrency market was valued at USD 574.3 Million in 2017 and is projected to grow to USD 6.70 Billion by 2025. Additionally, the market is projected to grow at a CAGR of 31.3% during the forecast period. Digital currencies like Bitcoin, Litecoin, Ripple and Ethereum are still prominent in the market and these cryptocurrencies will regain popularity as the blockchain technology will leverage them to create new, innovative products. Eventually, cryptocurrencies will lead to the growth of the financial industry around the globe. Netcoins Holdings Inc. (OTC: GARLF), Overstock.com, Inc. (NASDAQ: OSTK), Nokia Corporation (NYSE: NOK), Gain Capital Holdings, Inc. (NYSE: GCAP), Ideanomics, Inc. (NASDAQ: IDEX)

While some cryptocurrencies are primarily used in a technology-based application, most are simply being used as a form of currency. Currently, there is an increasing demand for more secure and faster processing times for transactions. Cryptocurrencies are being adopted due to their transparency and persistence of the low ownership cost and technology in its distributed ledger. The technological makeup offers a much more secure transaction, helping prevent against fraud or theft. “They are very different but they are still an asset class of their own and in that sense they’re going to persist,” says Aleh Tsyvinski, Professor of Economics at Yale University and author of a study titled ‘Risks and Returns of Cryptocurrency’. “So, my prediction based on my research is that cryptocurrency is going transform, and is going to fulfil some kind of need which is different from traditional asset classes – stocks, commodities, and currencies.”

Netcoins Holdings Inc. (OTC: GARLF) is listed on the Canadian Securities Exchange under the ticker (CSE: NETC). Earlier today, the Company announced breaking news that, “it has signed a definitive agreement with BitGo Trust Company as custodian for its Netcoins-branded custody solution. Following a software integration phase, Netcoins expects to launch Netcoins Custody in Q1 2019.

Custody is a key component of a full service crypto company and brokerage, and Netcoins has chosen BitGo, the market leader in institutional cryptocurrency financial services, to provide the back end technology and infrastructure required to launch Netcoins Custody.

BitGo provides institutional investors with security, compliance, and custodial solutions for blockchain-based currencies. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company has a customer base that includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. BitGo is backed by Craft Ventures, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.

“Netcoins wanted the most secure and compliant custodianship and, after evaluating several options, they chose BitGo Trust Company,” said Josh Schwartz, VP of Sales, BitGo. “We’re excited to be working with Netcoins to expand access to digital assets.”

“We are thrilled to be bringing institutional level crypto custody to the market in Canada with BitGo Trust Company, the first qualified custodian purpose-built for digital assets,” said Netcoins CEO Mark Binns. “Custody is a key component to institutional adoption, and also critical for enabling traditional brokerage houses to sell crypto to their retail investors. We continue to build a full service crypto company, and this is another big step forward for Netcoins.”

Overstock.com, Inc. (NASDAQ: OSTK) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. Medici Ventures, Overstock.com, Inc.’s blockchain accelerator, recently announced that portfolio company, Bitsy.com, will allow public access to the beta version of its exchange and wallet service beginning Monday, November 12th, 2018. Bitsy’s new app-based platform creates a remarkably easy, secure, and user-friendly bridge between bitcoin and the US Dollar. “The great promise of the Bitcoin white paper was to have legitimate peer-to-peer exchange of value without the need for trusted intermediaries. Few people understand, however, that with conventional Bitcoin wallets, users do not have actual possession or control of the Bitcoins they buy: their wallet-provider owns the Bitcoin and provides a contractual claim to the consumer, who must then trust that corporation. This defeats the whole purpose of crypto. Bitsy wallets, on the other hand, allow users to possess and have complete control of their cryptocurrency without the risk of lost keys. This sets a new standard for digital wallets,” said Patrick M. Byrne, Overstock.com Chief Executive Officer and Founder. “We are excited to continue our cryptocurrency journey and integrate Bitsy’s technology with Overstock.com to offer bitcoin for sale directly from the retail site in the first half of 2019.”

Nokia Corporation (NYSE: NOK) is shaping the technologies at the heart of our connected world, to transform the human experience. Nokia and Streamr announced a partnership earlier this year. Streamr’s Marketplace is a web-based application where data providers can list real-time data streams, and data consumers can subscribe and pay for access to those data streams. Pricing schedule and time-based access control are coded in Ethereum smart contracts. By using Streamr’s cryptographic token, DATA, it is possible to make data streams around the globe freely tradeable. Streamr launched its realtime data Marketplace that connects data producers and consumers. The launch took place on-stage at Consensus in New York, and was followed by the announcement of industry-leading partnerships with Nokia, the multinational telecommunications, information technology and consumer electronics company, and OSIsoft, the industry’s trusted leader in operational intelligence. Streamr’s partnership with Nokia will see the development of the next generation of mobile base stations and enable Nokia customers to monetise their data while the partnership with OSIsoft will focus on enabling better sharing of realtime data between the organisations that OSIsoft currently serves with its PI System software.

GAIN Capital Holdings, Inc. (NYSE: GCAP) provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities, and global equities. GAIN Capital Holdings, Inc. announced earlier this year the continued rollout of the Company’s cryptocurrency offering, with the recent launch of Ethereum, Litecoin, Ripple and Bitcoin Cash in the U.K., Europe, Australia and Singapore on the Company’s FOREX.com and City Index services. GAIN has also expanded its Bitcoin offering, allowing customers to trade Bitcoin directly against the Euro (BTC/EUR), British pound (BTC/GBP) and Australian dollar (BTC/AUD), in addition to the U.S. dollar. “The expansion of our cryptocurrency offering provides new opportunities for our clients to trade a variety of digital currencies through an established, regulated firm, without the need for a digital wallet,” commented Glenn Stevens, Chief Executive Officer of GAIN Capital. “Aligned with our strategy to invest in organic growth and enhance our product offering, the addition of Ethereum, Litecoin, Ripple, Bitcoin Cash and additional Bitcoin pairs enhances our crypto offering to include the most popular digital currencies and further differentiates our service, where traders can access over 12,000 markets, including FX, indices, commodities, equities and rates.”

Ideanomics, Inc. (NASDAQ: IDEX) (formerly: Seven Stars Cloud Group, Inc. and listed underNYSE: SSC) provides Platform-as-a-Service (PaaS) solutions with strong multi-layer fintech technologies leveraging blockchain and artificial intelligence. Ideanomics recently announced that it had entered into a joint venture agreement with TPJ Ltd, to create Ideanomics Resources LTD a U.K. company based in London. The 75% Ideanomics owned joint venture has been created to unlock value in the commodities and energy sectors by leveraging and utilizing the Ideanomics Platform-as-a-Service (PaaS) solutions, a suite of strong multi-layer fintech technologies leveraging blockchain and artificial intelligence. Ideanomics Resources will initially focus its efforts in Africa and Middle East where it has significant long-term relationships. The joint venture will be responsible for setting up a commodity and energy digital asset exchange, which will leverage Ideanomics Platform-as-a-Service (PaaS) solutions. These solutions will include our pricing model, with super artificial intelligence for indexing & futures pricing, the tokenization of assets, including mining, oil and gas assets projects, and the processing and settlement services for supply chain finance using our blockchain and smart contract settlement technology. “We are delighted to join the Ideanomics team. London is an important hub for the group and the sector. We are focused and determined on opening up the benefits of AI and blockchain applications to the public and private sector, both in traditional markets such as Europe, and emerging markets such as Africa. We have the digital capability to bridge continents and place emerging states onto the global economic map. This is an exciting moment in the digital renaissance as the world moves rapidly forward into new ways to increase efficiency, performance and transparency in the way that it trades,” said Jason McCue LLD, Director of Ideanomics Resources LTD.

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bobbynolanios88 · 7 years ago

Text

The Cryptocurrency Market Grows as New Applications Arise

NEW YORK, December 17, 2018 /PRNewswire/ —

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#IFTTT #Cryptocurrency and Bitcoin

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