Month: April 2018

Products

How Smart Locks Are Changing The Industry

Smart locks are electronic locks that are connected to smart devices. These locks are typically equipped on external doors, or those that separate the interior of a home from the outdoors. 

In most cases, smart locks are attached to the deadbolts of standard locks, allowing both traditional, physical keys and their electronic, “smart” counterparts to unlock the doors they’re attached to. However, some smart locks are only able to be opened with smart devices. 

Smart locks don’t let just anybody inside. Rather, smartphones, tablets, and computers have to be configured before using smart locks. In most cases, an application or software is downloaded onto a smart device. Logging onto those programs grants access to the smart locks they’re connected to. System administrators – parents, for example – can grant temporary authorization to guests or lower-level users – family members or children, for the example’s sake – as well as permanently add users to their smart locks’ configurations. 

What if the homeowner’s device breaks or is misplaced – can locksmiths gain entry to smart locks? 

Most smart locks are supported by secure, encrypted, Internet-based access platforms. If the only system administrator’s smartphone gets waterlogged and stops working, a locksmith can still pick or drill that lock manually as long as it has a keyhole. 

For the rare few smart locks without keyholes, system administrators can call the customer support line maintained by the device’s manufacturer to temporarily gain access to the smart lock or disable it entirely. Homeowners, renters, and people who are otherwise system administrators of their residences’ smart home networks must prove their identities to these support lines, usually carried out by answering questions that only those people could answer correctly

Insights

The Ultimate Warning Signs Checklist of A Low-Quality Web Host [Infographic]

While mistakes are a part and parcel of doing business, some mistakes can cost you more than others. As an ever-evolving landscape, the online world is full of opportunities that can help make your business a profitable niche. However, for you to achieve success, you need to ensure that your website is built on a robust CMS, have a good domain name and has a reliable web hosting. Thus, one such common mistake, which if not rectified can negatively affect your site’s ROI is a poor quality web hosting.

A good web host is important in order to improve your site’s speed, which will help enhance user experience leading to improved ranking. It will also help improve your website security by providing you with a safe and secure framework. Additionally, it will help make integration of new software on your site easy and provide essential features like daily backup, 1-click installation and more, which will further aid in keeping your site one-step ahead of your competitors.

However, choosing a reliable web host can be a challenge, simply because there is a wide range of hosting providers to choose from. This makes the task of selecting the best from the lot difficult as mostly all claim to be the best while offering you ‘unlimited’ everything.

Thus, if you are facing this dilemma and are not sure which is the best hosting for your website then check out this web hosting warning signs infographic that will help you make the right decision. This infographic can be used as a checklist by both – those looking to purchase a web host as well as those who have already purchased one.

Comprising of 21 warning signs, this checklist will help you steer clear of terrible hosting service providers. As such, take a look at this infographic and make the most out of it!

21 Warnings That Indicate It’s Time to (Switch) Your Web Hosting Right Away[Infographic] by the team at Hostgatorcouponcode.in

Martech

Assessing Virtual Reality as a Viable Marketing Strategy

No one likes to read papers anymore. They are considered by many to be a waste of time, energy, and money in today’s era of lightning-fast media. Why should you wait for the early morning newspaper when you can simply swipe your smartphone screen and get updated without having to get out of bed?

This is a groundbreaking change in consumer behavior which is being felt across the wide commercial sphere. Sensing this transition in public taste, marketers have decided to alter their promotional techniques, shifting from old-school tactics to technologically-incorporated strategies.

One such strategy is the use of virtual reality (VR).

People love watching videos online. It’s now something we can do at any place and at any time. Now imagine if we could interact with the video content as well. This brings us back to virtual reality.

VR is a computer-generated simulation which imitates reality and enables users to actually physically interact with the artificially created visual scenario. It’s nothing short of a thrill ride, which you as a marketer can easily monetize.

The main question then becomes: is VR the new marketing vehicle? If so, will it work? 

All about the Immersion

Looking at an image of new sports equipment is one thing. Getting the chance to virtually engage with the equipment in order to test it out is an experience of a whole other level. Which one do you think would attract more leads? The second option, obviously. Why? Because it builds a much more immersive and interactive connection with the product. And it is only possible because of virtual reality.

Potential Adoptions

Businesses are continuously looking for new ways to entice young people and to convert consumers into clients. To do so, they tend to rely on social media marketing, email marketing, and content marketing. But all of this is already being done by their competitors.

So how can they stand out and get an extra advantage? By changing their groove and adopting a new innovative technology, like virtual reality, into their strategies.

In what potential sectors can VR benefit the conversion rate and bring in profits? Take a look at the following industries which can possibly implement the VR advertising strategy:

  • Travel: With VR, people can experience luxurious flights over the Atlantic Ocean and into the heart of the sunset, the best an airline has to offer, right from the comfort of their home. Or they can travel to exotic places in an artificial simulation as a part of a travel agency’s ad campaign. How cool would that be!?
  • Real Estate: Virtual reality takes traditional home viewing to a whole new level. Now, you can check out new estates and get virtual tours of properties, even ones under construction, by simply wearing a VR headset and interacting with the sellers’ avatar. Imagine, seeing the house of your dreams in VR even before its creation! In addition to this, and speaking safety-wise, you can also check out the most optimal spots for installing your wireless home security cameras, where they won’t jut out and ruin the outlook of your home.
  • Retail: People love to shop, but they can’t practically travel to a foreign market just to buy that perfect pair of sneakers, can they? So what can they do? Visit the store in VR right from their plushy armchair, and then buy whatever they like using a simple hand or head gesture. Revolutionary, right?
  • Education: Reading up on concepts in books gets boring after a while, doesn’t it? What if you could walk through the lives of famous scientists and virtually see them at their work, or visit famous landmarks right from the classroom using VR? Wouldn’t this sort of learning experience stay with you forever?
  • Music: Watching a music video is all well and good. But being able to participate and interact with the video in virtual reality is a totally phenomenal experience for users. They’d be more than willing to buy such a track using their Xfinity deals, wouldn’t they?

Gear Restriction:

Although virtual reality sounds quite promising to many businesses, there are many who are still reluctant to adopt it. Why? The main reason is the equipment hassle and cost. It is still quite cumbersome to set up, even though it provides an out-of-this-world experience.

Thus, VR gives people a preliminary choice. It allows them to virtually test a product before buying it. To expand their experiential scale. To achieve the impossible using this technology.

Though it is still in its developmental stages, it seems to modify the sphere of marketing tenfold and projects it into a progressive future.

Development

Innovation in Legal Services and the Growth of Automation

Legal professionals have pervaded every aspect of the lives of the common man, from businesses, or writing a will to going through a divorce or buying a home. However, this traditional image of legal services is all set to change with large scale disruptions through in the introduction of innovation and the growth of automation. The rise of the Internet has made consumers go online to seek advice and guidance on legal matters that were hitherto given by experienced lawyers. Hence to stay relevant it is necessary that the legal luminaries adapt themselves to the changing times.

What has made things easy for technology to bond with the current legal setup; is the tremendous scope for innovation in this field. Legal services that have recently changed little is now being forced to come out of its comfort zone. The rise in communication technology has led lawyers to outsource legal services and upload documents to experienced agencies seamlessly and in a fully secured environment. Consumers too have gained a better insight into the legal profession through online searches giving rise to concerns about fee structures especially among low-income groups. This has led to pressures for reduction of existing charges.

These factors have led to law firms exploring the legal support services market so that new innovations and automation can streamline the legal sector.

One of the ways that automation and advanced technologies will take over the legal industry will be the manner in which the courts function, in fact, the whole legal profession. The focus now is on local jurisdiction or domestic jurisdiction and even national jurisdiction. In the modern era of globalization all that is set to change. Businesses operate in a global environment and they would want a network where they can have easy local access to arbitration or dispute resolution. This is regardless of the country they are operating from.

The key here is that courts of the future will be connected and the concept of standalone courts will slowly pass into oblivion. A somewhat similar exposure of the legal profession to international levels was witnessed with the rise of external legal support services that provided impeccable and top quality legal backup to law firms from around the world. This was when these firms realized that to improve the bottom line, there was no alternative to outsurcing.

Today, a great deal of thought is being given to use Blockchain technologies and increase operating efficiencies of the legal sector. What will be embedded into the Blockchain; will be for example smart contracts, smart laws, smart regulations. It is quite possible that the judge might have to be an expert in coding apart from being an expert in law. The point then is that if innovation and automation have to walk together, a new set of training programmes and courses have to be structured that takes all these things into account.

However, implementing these new changes requires a radical and paradigm shift in the manner in which courts and the legal profession function today. Hence, the movers and shakers of the profession have to come together and decide on the future of law, future of courts, future of arbitrations and how these issues can be addressed.

Some of the areas where legal professionals have been forced to acknowledge current realities of innovation and automation are

  • Ranking and review information – This was previously a very difficult proposition. But today, all details about the legal profession are increasingly available and clients can before retaining them assess the quality of their work. Similarly, law firms can evaluate the worth of external agencies before deciding to outsource legal services.
  • Online service delivery – The legal profession is increasingly taking the benefit of several online digital platforms currently available to serve clients based in remote locations with the same level of efficiency as before.

Summing up, it can be said that innovations in and automation the legal sector is not about minor process improvements only. There is potential to redefine the practice of law and take it beyond international borders in keeping with the modern globalization trend prevailing in all industries around the world.

Image Credit:

Shutter Stock

Summary:

Innovation in technology is driving every business process and legal sector is no exception in this regards. After so many decades, working with piles of paperwork, researching for information in the library; legal companies have left behind their traditional models and embracing advanced automating tools.

Tags:

Legal, Automation, Blockchain, Outsourcing, Technology, Law Firms, Lawyers

Author Bio:

Alika Cooper writes about outsourcing, technology and the business. She is passionate about customers and building products that change the way people run their business. She is also a big supporter of the startup community and teach professionals how to think about and use technology in their business and does regularly for her clients at Cogneesol.com.

Development

7 Ways In Which An Android App Development Company Can Secure Your App

Android apps are famous for inadequacies when it comes to security. For this reason, it is the responsibility of each Android app development company to take some assured security measure to guarantee that they develop safe apps.

So, here are seven ways they can do this:

1. HTTPS Security Is the Key

Secure Socket Layer, also known as, Transport Layer Security (TLS), is utilized very often as an essential component of communications between serves and users that are encrypted. Nevertheless, it has been witnessed that the Android app developers sometimes utilize this security measure the wrong way. This makes an Android app’s data vulnerable to interception by hackers. For this reason, it is suggested that an Android app development company must incorporate security measures carefully.

Rather than using HTTP or SSL, HTTPS is a great way to go. Android app developers can guarantee the app is protected from malicious attacks over the network, by using this connection on a server that is set up with a certification that’s been allotted by a licensing authority that is trusted.

Installing a code signing certificate is the best option for Android Apps and software because it allows developers to add a layer of assurance. It indicates users that application can be trusted. Code Signing Certificates help to protect software script and code without any security breach or modification. Want to buy one for your Application? Here is a list of cheap code signing certificate providers that provide the highest security at less price.

2. “Threat Modeling” Ensures Data Isn’t Leaked

The data leakage is one of the biggest ambiguities that all Android app developers face. They often fail to understand that the data saved on the app is perhaps read by other apps. Additionally, app data that has been kept on various devices is perhaps retrieved without one’s knowledge. Threat Modelling is very important when an Android app is being tested.

This procedure assists an Android app development company to guarantee that data that is confidential is not being leaked and stolen by malicious bodies. One of the most important steps while developing an app is aggressive testing. This is to guarantee that app is secure.

3. Limit Permissions

It is always a better idea to keep the permissions your app to just minimum when you are developing an Android app. It is good for Android app developers to circumvent asking the user access to private permissions, for enhanced security. The logic is very simple; there are lesser chances of users trusting you if there are the higher number of permission you request access.

It is clear that a user would not feel relaxed giving an app access to things like their calls, contacts, and photos etc. In this way, Android app development companies will follow the tracks of iOS like placing high limitations on apps and having the aptitude to interfere with users’ confidential data. For example, a security measure like restricting approvals encompasses teaching users to physically remove data when they are utilizing an app that permits them to get freedom from unwanted images on their SD card.

4. Use ProGuard

The information of an Android app can be completely negotiated if hackers in some way manage to attain hold of the source code. That is the point where ProGuard comes into play. This tool, which comes with the Android SDK, can be utilized to obscure the source code so that it stays safe from malicious security outbreaks.

5. Encrypt Every Last Bit of Saved Data

If confidential data really requires being protected, it is the responsibility of an Android app development company to encode this information by incorporating AES. In this scenario, passwords are required to be stored locally. It is best to permanently store a hotchpotch, and then draw a comparison between new password’s hash value and resultant. Android application developers must always guarantee to do this. This is because it is their obligation to develop the secure app and keep confidential data protected.

6. Validation Is More Important Than You Think

It is the duty of an Android app development company to authenticate input fields like usernames and passwords. With the assistance of SQL injection queries, intruders can simply attain private data which is the serious concern. It is very easy for this to occur, and yet — all it takes are Android application developers who do not authenticate fields. Yes, that is it. For this reason, it is imperative to incorporate technologies like DEP and ASLR to comprehend the security concerns of an Android app.

7. Wrap Your App

‘App wrapping’ is one of the quickest and easiest methods of carefully positioning an Android app. If Android app developers wrap the app from everything else of the gadget and summarize it, it will flourish better in an environment that is its own and will be secure and safer.

Author Bio:

Ray Parker is an entrepreneur and internet marketer with over 15 years of experience in Search Engine Optimization, Creative Writing and Digital Marketing with IQVIS. He has worked with several clients from all over the globe to offer his services in various domains with a proven track record of success.

Insights

5 Mistakes to Avoid when Managing Remote Teams

Managing a team in itself is a difficult task. Different types of characters, cultural influences, and perceptions affect the way people interact and collaborate with each other. As a manager, you need to find the balance of listening, the proper language to use, providing the necessary support and the approach of delegating tasks to your employees. This task might be even more challenging when managing remote teams. There is a lot that can go wrong.

In this article we’ll elaborate 5 mistakes and how to avoid them when managing remote teams:

1. Dropping the ball on regular meetings

Having independent employees is a great thing. They get the work done and you don’t have to worry about falling behind on projects and tasks. However, there is always need for an update on work progress. Having regular meetings is a must in order to keep track of how work is going and what the obstacles a remote team member is facing as well as crucial points where you can provide assistance.

In today’s day and age, there are many ways you can stay in touch with remote teams. Using video conferencing equipment, free messaging platforms and gadgets are by far the most suitable options as they offer the advantage of meetings that feel like being physically present in the same office, having a face-to-face meeting. So, make sure to schedule regular meetings with remote teams, even if just for a simple “Hello”.

2. Micromanaging

On the other hand, there are managers who feel the need to know everything their employees are doing. When employees are at the office, this is rather simple as you can stay on top of everyone and exhibit micromanagement. For remote teams, this is a more difficult thing to do as these teams are not in the same space as the managers. Another thing to better avoid is the manager’s tendency to check in way too often with their employees. This creates an unpleasant situation causing the employees not to feel at ease, brings frustration and leads to unnecessary stress.

Take into consideration the act of allowing independence for your remote employees as well as how often you get in touch with them. Having clear-set rules about the methods of reporting, how often and when is really important to get quality results while at the same time avoiding the need for micromanagement altogether.

3. Not building a collaborative culture

Remote teams can often feel left out and isolated because of working by themselves in all projects. For that reason, it is important to build an effective collaborative culture between in-house and remote teams.

Encouraging the development of such philosophy within a company leads to more effective teams and successfully enclosed projects. You can provide the space for remote workers to join meetings held at the office through video communication even if these meetings may seem somewhat insignificant to them. It will still contribute to keeping everyone updated on the latest developments within the company, provide room for their input and experience in solving obstacles.

This way remote teams will feel appreciated while you develop a collaborative culture where all employees have a sense of being included and important to the overall development of the company.

4. Not focusing on important matters

The main concern of each manager is to create sustainable progress where goals and targets are met. Trusting employees and validating their work through online collaboration tools will lead to a more effective progress and a more productive working bond. It should not matter where the employee is working from as long as they provide quality advancement in their work and the company’s performance remains in high standards.

5. Relying extensively on e-mail

Relying on e-mail as a communication means between your remote teams is a necessity. But, relying too much on the e-mail does not allow space for verbal elaboration and feedback to tasks. Therefore, making use of other communication tools, such as video calls, is a great way to allow your employees to open discussions as well as to freely express their opinion and concerns verbally. Being on the same page is crucial for successful work when a remote worker.

Conclusion

It is highly important for managers to keep track of what their team is doing, regardless of whether the team isin the office or working remotely. It is also essential to avoid making the above-mentioned mistakes while managing remote workers as it can lead to a decrease in motivation, unnecessary stress and frustration. To spare yourself from such distress, make sure you hire professionals who are not looking to override the system.

Build social culture between teams and offer proper tools to collaborate. Investing in good video conferencing equipment that allows teams to communicate properly is something you will be thankful for. And above all, make sure you lead your team into focusing on what is important.

Development

7 ways to utilize big data for increased profits

The technologically advanced, digital age that we are experiencing has led to an exponential multiplication of data, generated by sensors, online transactions, smartphones, and social media channels amongst other things.

Consequently, big data, the term used to describe the inundation of data, is creating a stir around organizations and becoming the latest buzz word, but is the hype is well-justified?Absolutely!

Look around you; the changing business dynamics have resulted in stiff competition in almost every industry; competition between thriving e-commerce businesses and the conventional brick-and-mortar stores, increasing accessibility to international markets leading to declining revenues for local businesses, multitudes of online businesses offering top-notch services at competitive prices.

In a drastically changing economic environment where companies are vying to gain traction, big data analytics could be the game-changer for your organization.

Smart companies utilize the massive accumulation of data for keen analysis to gain valuable insights into the changing trends, both positive and negative.This crucial information enables companies to make strategic business decisions leading to higher profits, something which was not possible previously with small, isolated sets of data.

Unfortunately, only 23% of organizations are ’smart’ and have a viable big data-strategy, while just19% have access to high-quality data, and almost 15% of the marketers surveyed in Crain’s B2B magazines are still unsure of what is big data.

To make matters worse, most businesses analyze only 12% of their data while the rest of the transient digital information is lost, taking along with it the many valuable insights.

Therefore, to keep abreast with the innovations and gain leverage as an entrepreneur you need to implement a big data strategy to revolutionize your business model and increase profits:

1. Well-informed decision making

Businesses thrive on the astute judgment of their leaders, who try to make smart, objective decisions that are most beneficial for their organizations. However, they are bound to experience an occasional error in judgment and make mistakes.

Moreover, when different individuals are involved in the decision-making process, there are conflicts and difference of opinion.

Predictive analysis of big data enables business owners to come to a definitive solution backed by hard evidence. Also, as the companies analyze more and more data, the actual outcomes are compared against the predictive results which further enhance the analytics engines.

When decisions are based upon concrete evidence, as opposed to personal intuitions, they are more productive for the company in both the short and long term.

2. Gauge customer behavior

Businesses are all about profitability, and profits are acquired by attracting customers. Big data allows you to understand what really captures a customers’ attention.

When consumers interact with a business through emails, websites, phone calls, social media, etc. they provide significant information about their experience with your product or service. They share their expectations with your company and positive and negative feedback about your products; a wealth of knowledge pertinent to customer satisfaction waiting to be explored. However, much of this data is unstructured and unanalyzable by traditional means.

Big data is revolutionizing how companies gain greater insights about customers’ responsiveness by analyzing the accumulated customers’ communications. This helps companies understand their customers intimately and provide them with better services.

According to a Forrester study, 44% of the B2C marketers are using big data and analytics to improve responsiveness while 36% are utilizing it to establish more relationship-driven strategies.

3. Improved marketing campaign

In recent times, marketing strategies have evolved tremendously, and businesses utilize a varied number of tools and platforms to engage customers.

Terminologies like click-through rates, browsing behaviors, social media interactions, online purchase data, etc. have an immense impact on marketing campaigns and the sheer size of customer data collected every day is unimaginable and incomparable to anything marketers had to deal with previously.

Big data can facilitate marketing practices in some ways:

  • It provides insights into the customers; where they are, what their expectations are, how they prefer to be contacted, and much more, leading to a marketing campaign which revolves around customer satisfaction
  • It enables you to understand what drives customer loyalty and retention so you can implement it in your marketing techniques
  • It allows you to divide your marketing techniques amongst the different marketing platforms, depending on the previous effectiveness of each channel, to gain an optimal You can also continuously test and analyze your methods for improved efforts

According to research, 54% of the Chief Marketing Officials (CMOs) believe that, in the long term, big data and analytics will be integral to their marketing strategy, thus, signifying the proficiency of the system.

4. Successful customer relationship

We have already discussed how big data helps expedite marketing efforts and enables businesses to gain valuable customer insights to enhance the overall buying experience. When companies shape their efforts according to the customers’ requirements, they ensure improved customer relationships, with increased loyalty and greater customer lifetime value.

Moreover, Forrester also concluded in a study that big data analytics enhances a marketer’s ability to go beyond campaign executions and focus on establishing abetter customer relationship. Try not to spam your users with a lot of ads on their mobile phones. Subsequently, companies enjoy repeat business, better customer acquisition, and retention rates, leading to increased profits.

5. Consistent business performance

A business’s success depends largely on its employees and their performance. Whether they function individually or as a team, their competence at their jobs directly affects the scalability of the business.

Big data can help drive productivity through evaluation of the employees’ work habits and activities and indicate the areas that require improvements. It can be used to provide constant feedback and create opportunities for continuous performance improvements.

In an interview with the NewYork Times, Google’s head of people’s operation, Laszlo Bock, explained how they accumulate feedback to promote self-motivation. He said,

One of the applications of Big Data is giving people the facts, and getting them to understand that their own decision-making is not perfect. And that in itself causes them to change their behavior.”

Use of big data to endorse self-improvement is far better than a one-off training seminar, as it is an on-going resource for optimized performance.

6. Smarter hiring choices

As mentioned above, big data allows for informed decision-making; one such scenario is when you are hiring new employees.

The tough hiring landscape makes it extremely challenging for the hiring team to choose the most proficient staff. In the current economy, brimming with technological revolutions, highly qualified individuals are integral to a company’s growth yet they are a scarce commodity.

Josh Bersin of Deloitte Consulting highlights this issue in his report on corporate talent, leadership, and human resources and explains that data-driven companies like Google employ big data to develop algorithms which predict the engagement of prospective employees and assists the management in hiring the most competent individuals.

Hard-working, skilled employees, are the backbone of any enterprise, and one of the key components essential to yield amplified profits.

7. Right pricing

Product pricing is an extremely critical aspect which requires great consideration. It is estimated that on average, a 1 percent increase in price results in 8.7 percent increase in operating profits (assuming there is no loss in volume).

In addition, 75% of the revenues generated by a company are from its standard products. However, 30% of the pricing decisions made by businesses fail to deliver the right price resulting in a massive loss of revenues.

When pricing a product, companies decide on an optimal price that the customers are willing to pay. Ideally, they also take into consideration the cost of the competitive products and the value they offer to consumers. But for large enterprises, producing thousands of products, assessing the numerous pricing variables for each product becomes too complicated and overwhelming.

Enter big data. Harnessing the power of big data available in the form of customer interactions enables the companies to price their products, appropriately, resulting in increased profits.

The evaluation of pricing variables is automated to expedite the process. Despite that, the entire process may not be easy and highly complex but ignoring the deluge of accumulated, valuable data is akin to forfeiting the rights to acquire hundreds of millions dollars in profits.

Big data is the next big thing. Employing big data strategy and analytics can supplement your business transactions and expedite every aspect of your business model from staffing to marketing to customer acquisition and retention.

Moreover, studies suggest that the average Fortune 1000 company can:

  • Improve their revenue generations by more than $2 billion per annum by increasing data usability by only 10%
  • Increase return on equity by 16% by enhancing the data quality and improving the ability of the salespeople to access it by just 10%
  • Increase return on investment (ROI) by 0.7%, which equals to $2.87 million, by enhancing the intelligence and accessibility of the data by only 10%

To conclude, if you want to acquire better profits, you should jump on the big data bandwagon to stay one step ahead of the competition.

Author Bio:

About Alma Causey:

Alma is a blogger by choice. She loves to discover the world around her. She likes to share her discoveries, experiences, and express herself through her blogs. You can find her on

@AlmaCausey.

Insights

Key Tips You Should Remember When Investing In Cryptocurrency Market

Investing in cryptocurrency is difficult for several reasons. Perhaps, the most common thing people may think once they have heard about cryptocurrencies is which coin should they buy.

Indeed, investing successfully in this modern type of financing starts with the proper gathering of information and understanding the risks and basics of the circulating currencies. This article will provide you tips on how to keep a long-term investment in cryptocurrency.

Build Your Investment Portfolio

Like any other venture, investors have to create their portfolio and actively work on it. Also, they need to focus on it for the long-term run.

Building an investment portfolio with various cryptocurrencies is the way to run, but picking them is selectively compelling. Thus, only spend your investment on things you only know, and keeping your emotions in control are the policies that should always practice in every portfolio.

Watch the Market Capitalization

The cap of the market gives more data about your buying choice than just the price alone or both. What happens usually is people look at the value of the coin and suddenly jump into buying it.

Also, it is essential to remember that the higher price of the coin doesn’t get its capitalization greater than another coin with the lower value. It means that investing in the lower value of the currency gives you a greater chance of survival for the future compared to the higher price of the different coin.

Besides, the price of a cryptocurrency still depends on its market capitalization concerning other coins, which means it links to the stock of the cryptocurrency. Thus, it doesn’t look like a good choice to buy the currency by seeing their prices only.

For lasting investors, if the price is reasonable and market capitalization is at its best, then it is an excellent option to engage in the investment.

Bargain Wisely For the Dip

If crypto is currently escalating, then it’s a smart choice to wait for a dip. Though some may have witnessed the rise of the Bitcoin’s price, it’s still not sustainable and usually will change or even go into multiple revisions. It is particularly accurate for cryptocurrencies as the fundamental value depends on the demand and supply alone.

Thus, Bitcoin as an entity can’t produce enough amount of profit as a company can, that’s why price rise and drops are more severe and frequent.

As the price is being dependent on demand and supply analysis, emotions can have a great impact, which is usually coming from the news or views of some influential people. Briefly, buying the dip seems to wait for correction is a wise choice instead of going with the majority when the price is already rising.

Choose The Coin That Lasts

In the world of cryptocurrency, currencies die all the time. Other coins may stay alive for a period in the markets because of their potential. For instance, Ripple, Bitcoin, Monero, and Ethereum are considered to be the legit cryptocurrencies because to their purposes.

These cryptocurrencies solve specific problems when it comes to the constant game of survival. If you are going for a long-term investment, you should choose those coins which will provide you lot of benefits and offer better solutions beyond buying platforms.

Moreover, cryptocurrencies are continually rising and falling. Thus, you have to do due diligence first before investing.

Takeaway

The value of cryptocurrencies and the rise of technology has exploded in the past year. The only problem is there is enough upside potential to invest in cryptocurrencies. The key factor is that Bitcoin is not only the cryptocurrency that you can buy.

Though there were security breaches in the crypto market a couple of years ago, it looks like those issues can no more impact the market in today’s trade. And still, there are financial institutions like Ashe Morgan and other companies that may help you bring your investment to the top.

Development

How Technology Is Changing the Medical and Healthcare Fields

Technological advancements, more than anything else, are reminding us just how central healthcare is to our continued existence. More accurately, perhaps, we should say that these various developments improve the quality of our collective lives; in addition to extending it.

 

The various analytic devices that have sprung up in the last decade to measure practically everything that can be measured are due, in part, to the insert molding process for the medical industry. It’s allowed improvement in devices ranging from the MRI scan, to the EKG machine. Now, with the integration of mobile devices into our everyday lives, apps have been developed that influence everything from exercise to sleep rhythm. As the march of progress continues ever-forward, there are some pros and cons to the extent with which technology has infiltrated our lives.

 

The Positive Influence of Technology in Medicine

 

For one thing, the migration of paper documents to electronic format with the establishment of electronic health records (EHRs) has thus far has huge benefits. These include much greater portability, as well as the ability to facilitate medical diagnostics. EHRs connect doctors with very few geographical limitations, which is of tremendous benefit to the patient.

 

 

The ability of some apps to operate in virtual space has also engineered advances in telemedicine. Let’s say, for example, you live in a rural area with substandard access to healthcare facilities. Or, you live in a city, but inclement weather has made road traveling temporarily dangerous. This is where telehealth shines, since it means you can convene a conference with your doctor right in the comfort of your own home. In fact, this feature saves you money, too, in case your symptoms and concerns don’t necessitate a physical doctor visit.

Personal Tools for Health

 

With the advent of the Internet of things (IoT), wearable technology has exploded, too. This includes remote monitoring technology such as health monitoring systems for your heart, lungs, etc; information on the progress of chronic diseases can be relayed electronically to a prescribed healthcare facility. Millions of people already use these kinds of devices; with the pacemaker being the most popular to date.

 

It’s only becoming more prevalent, too. A recent study – taken in 2018 and reported in the Huffington Post – shows that experts think over 80 million wearable devices for the purposes of healthcare will be in circulation.

 

Are There Cons to the Prevalence of Healthcare Technology?

 

As with most advancements, there are also concerns with the growing ever-presence of technology in our daily lives. With healthcare, in particular, there are steps such as the Health Insurance Portability and Accountability Act (HIPAA) that seeks to enhance data security to protect your private medical information. It is purported to be an effective regulatory compliance mandate that provides companies with a guideline on how to keep client data safe. However, this protective measure cannot, of course, ensure that malignant cyber hacks won’t compromise your privacy, or affect any of your wearables that are connected to the Internet.

 

Concerns That Hit Closer to Home

 

What about more direct issues that arise from the continued growth of technological devices? Let’s take sleep, for example. This essential activity that consumes more than one-third of your life has been shown to be affected by the various gadgets in the average home.

 

The blue illumination that signals the powered-on state of most gadgets interferes with sleep. When you think about all the items in your room – the television monitor, computer bus, tablet, smartphone, speakers, etc – then it becomes clear just how many things may be stifling your circadian rhythm. The fact that, if you’re like most people, you go to bed with your tablet and phone, exacerbates the problem. Experts recommend putting all electronics away for up to an hour before you sleep to ensure that they don’t prolong your wakefulness.

 

In the same vein, these devices keep your brain alert, which is why – for children, especially – it is recommended that they do not have all of their games and apps with them as they’re going to bed. Create an environment in your home where neither child or adult is flooded with wearables and other electronic devices in the hour before bedtime.

 

Present and Future Uses of Medical Technology

 

As the relevant tech becomes more advanced, many researchers are turning their eyes toward the use of medtech for things such as genome sequencing. In fact, there are already a couple of outfits – with 23andMe.com being the more prominent – that can provide you with information on genetics and heritable traits if you send in a DNA sample (saliva, i.e.). The generalized name for this field is personal genomics, and it could become even easier to do it in the future.

What would be the benefit of this? Well for one, if you have a history of celiac disease in your extended family, then personal genomic sequencing can help you proactively minimize your chances of manifesting it via dietary triggers. Diabetes is one of the most common ailments for which there is a genetic predisposition, and advanced foreknowledge of its likelihood can help you start early in trying to stave it off.

 

Although, as with any such advancement, there are cons as well as pros; overall, the continued development of technology is a benefit to humankind. It holds a lot of hope for healthcare worldwide, and allows the more fortunate to reach out to the disadvantaged all the world over.