MARCH UPDATES

Follow Us
Follow on Facebook
Follow on Instagram
Follow on YouTube
Follow on LinkedIn
Follow on X (Twitter)

March 8, 2021

Advancements in Blockchain, Cryptocurrencies, and Biometrics

The future of blockchain, biometrics, and cryptocurrency for 2021 are looking very bright as more and more big companies have begun to recognize their capabilities and invest.

 

Blockchain technology is trending. There are many advancements being made to the technology which makes it much more accessible. More and more people are betting on cryptocurrencies, making blockchain technology even more important. As demonstrated by a Piplsay article, cryptocurrency has become abundantly relevant as big companies and banks begin to accept it as payment. Here are the facts:

  • 52% of Americans have invested or are planning on investing in crypto in 2021
  • 27% of Americans are planning on investing in crypto in 2021
  • 50% of Americans feel crypto is a safe investment
  • 57% of Americans think brands should accept crypto as payment
  • 25% of Americans have already invested in crypto

Digital currencies are becoming more and more applicable in today’s markets. This shift is comparable to when the internet first became popularized—novel advancements can be intimidating at first, but will indubitably become a natural part of our economic ecosystem.

 

Additionally, as IoT devices become more popularized, biometric technology is in the headlines. Biometrics in healthcare during the pandemic has shed light on how widespread and important the use cases are. According to multiple reports done by BiometricUpdate.com, the biometric market is about to boom:

  • Biometric system markets are to grow by $30 billion in the next 5 years
  • Government biometric initiatives will boost the market by $18 billion
  • By 2025, biometrics are anticipated to lead the verification market

BiometricUpdate.com writes, “Multi-factor authentication is expected to be the fastest-growing segment by authentication type, led by the government and defense sectors, while systems that are a hybrid of contact and contactless modalities will grow faster than either contact or contactless systems.” Government investment in biometrics, coupled with the ecommerce spike has created the recipe for major economic growth in the biometric market. Additionally, the healthcare reliance on the technology and growing uses for this technology during the pandemic have created urgency for more development. Overall, biometric systems are trending upwards and are undoubtedly the future.

 

Finnovant works hard to study these trends and update our products accordingly. We make customizable solutions so that consumers do not compromise on their most important needs. Our Phēnix X1’s digital wallet is compatible with the new trends of cryptocurrencies and Blockchain ecosystems. We recognize the future of payments and biometrics. Say-Tec is our infallible biometric authentication technology.

Contact us today to learn how Finnovant has a solution for you.

Blockchain Trends for 2021

 

This Bitcoinist article covers the five most highly anticipated blockchain trends for 2021.

 

  1. Radix
  2. Dusk Network
  3. Marlin
  4. Condordium
  5. Casper Network

 

History is currently being made with the development and widespread usage of blockchain technology.

 

Finnovant works hard to keep current with the trends and ensure that our Say-Tec and Phēnix X1 are compatible with all blockchain technology.

Read More

Cryptocurrency Growth

 

Some quick facts:

 

  • 27% of Americans are planning on investing in crypto in 2021
  • 50% of Americans feel crypto is a safe investment
  • 57% of Americans think brands should accept crypto as payment

 

This @piplsay survey demonstrates the upwards trending of cryptocurrency in the United States. It is clear that crypto is going to be widely adopted in the future. Our Phēnix X1 stores cryptocurrencies in its secure, biometric accessed digital wallet. Finnovant is preparing for the future of crypto. Contact us today to learn more about how Finnovant has a customizable solution for you.

Read More

Growing Biometric Applications

 

“Biometric solutions are quickly becoming commonplace as they are an appealing option for a variety of different IoT products and applications”

 

The importance of technology in healthcare has become very apparent amidst the global pandemic. Finnovant’s Phēnix X1 secured with Say-Tec face and voice biometrics has the capability to be compatible with these IoT advancements. Imagine a smartphone that could help monitor your health and communicate important, accurate information to your health care providers.

Read More

Meet Maggie Lin, Director Global Business Development

Meet Maggie Lin, Director Global Business Development at Finnovant. With intense working experiences in the US and various Asian countries, Maggie is an accomplished entrepreneur and business professional with client management accountability across Asia and the US markets. Maggie speaks Two languages, English and Mandarin and works passionately to help shape the future of Finnovant products. Maggie has a diversified background across multiple industry verticals and disciplines, including Blockchain & cryptocurrency financing, international investment & immigration consulting, Internet & video advertising & productions, real estate investment & financial planning service, and sales & marketing consulting. In early 2018, Maggie joined a global Blockchain non-profit organization as one of the founding executives to help launch, structure and promote its business platform, products and market presence in various countries including the US, China, Hong Kong, Taiwan, Israel, Rome, Brazil and Paraguay, etc. The company had immediate great market success within the first year and is currently undergoing a restructuring after experiencing some cryptocurrency regulation changes in various countries. Maggie is very excited about finding business opportunities for Finnovant, while working closely with the team to ensure our products are secure and with the greatest value to our customers. While working with global partners, Maggie also provides critical language translations and reviews to ensure our product documentation and international communications are maintained with the highest quality and standards globally. Maggie graduated from USC with an MBA in Finance & Entertainment Management. She was also a licensed realtor in California and a financial planner licensed in many states in the US. After days of hard work, Maggie enjoys spending time with her global network of friends and reading about business and investments. Located in the big area of Los Angeles Maggie is ready at any time to discuss business opportunities, and looks forward to connect with you. Maggie can be reached directly at 714.345.3161 and Mlin@Finnovant.comAdd your text here. 

Related Articles

https://bitcoinist.com/the-5-most-highly-anticipated-blockchain-mainnets-in-2021/

 

https://piplsay.com/the-growing-crypto-universe-how-interested-are-americans/

 

https://www.biometricupdate.com/202102/biometrics-in-healthcare-the-future-is-now

 

https://www.biometricupdate.com/202012/biometric-systems-market-to-grow-by-over-30b-in-next-five-years-report-says

 

https://www.biometricupdate.com/202012/government-biometrics-initiatives-to-boost-18b-market-growth

 

https://www.biometricupdate.com/202011/biometrics-to-lead-identity-verification-market-growth-to-15-8b-by-2025

Follow Us
Follow on Facebook
Follow on Instagram
Follow on YouTube
Follow on LinkedIn
Follow on X (Twitter)
Check out our website