Tag Archives: future

Bitcoin and Cryptocurrency: What’s The Future? Facts and Stats

February 20, 2021bitcoin, business, profitsbitcoin, cryptocurrency, facts, futurejtsantalis

Today, all the people worldwide have heard something about Bitcoin. Even if they don’t know how the whole blockchain system works, they have already accepted the reality where cryptocurrency is something you can invest in. But why the price of Bitcoin is high? What’s the future?

Bitcoin it’s not regulated by any government and people are curious about what impacts the price of Bitcoin.

Bitcoin and Cryptocurrency: Facts and Stats

Here you can learn some interesting facts and stats about Bitcoin and Cryptocurrency.

What Determines the Price of Bitcoin?

Bitcoin and Cryptocurrency: Facts and Stats

There is a limited amount of Bitcoins that can be mined. Unlike fiat currencies, no one can create more BTC (Bitcoin) coins than the set number. The maximum number of BTC that can be mined is 21 million coins. When all the coins are mined, people can only trade and buy BTC.

Also, the central bank or any other central authority does not regulate Bitcoin or its price, so who does? what factor affects the price of BTC?

Here are some important facts about the price of Bitcoin:

The two most important factors are demand and supply. If there is demand from users, they keep buying BTC, and then the price goes up. For example, recently Tesla (Elon Musk’s company) has bought around 1.5bn of the BTC currency. This caused a 17% rise in price on Bitcoin.

The costs of producing BTC coins. The mining process is pretty expensive. You need certain equipment, electricity, etc. It takes money and it affects the price of digital currency.

Competition. BTC is one of the most popular cryptocurrencies out there. But there are other coins to invest in. So there are more options for investors and the prices regulate themselves. The competition among the most popular currencies keeps the prices down.

The monetary rewards are set to miners of BTC for verifying the transactions made within the blockchain system. Whenever the transaction is verified by users, they receive certain rewards. This also impacts the price of 1 BTC.

The number of exchanges where users can trade BTC for other currencies.

The price of BTC is volatile even though the currency is one of the most popular digital currencies out there. The market of BTC is pretty big compared to other currencies, but it’s not as big as the market of fiat money or gold.

That’s why most cryptocurrencies have faced the prices go down and up so fast. The trading volume of BTC is big, but not as big as the trading volume of fiat currencies or gold. You should also note that the prices are affected by positive or negative news.

For example, if there is a rumor that it’s beneficial to invest in a certain currency, then the price might go up since the demand is increased.

Such factors as uncertainty of the future of cryptocurrency as of the trade of value, risks of the currency for big holders, security breaches also can impact the price of BTC.

Most factors that impact the price of BTC are different from the factors that impact the price of fiat currencies, such as the dollar or euro.

What’s The Future of Bitcoin?

Cryptocurrency is only in its initial stages, so it is too soon to assume whether a cryptocurrency will be the future of money or what will be the impact of Bitcoin in the coming years.

With its increasing popularity, Bitcoin users predict that by 2024 many different types of Bitcoin will be released.

Reports show that Bitcoin will hit a staggering $500,000 by 2030.

The popularity of this form of currency is expected to grow as it is decentralized, safe, and anonymous.

The fact that many technology-savvy individuals and companies are using encrypted currencies indicates that the future of Bitcoin or cryptocurrencies as a whole is going to be bright.

Cryptocurrencies, especially Bitcoin, are gaining popularity among investors. It is hard to say whether it will become as popular as fiat money, but it is a good investment if you buy it at the right time.

Work from Home: 5 Trends and Future of Remote Work

February 13, 2021business, marketing, Startupsfrom, future, home, remote, tips, trends, work, working, worksjtsantalis

Remote work or work from home is not a new concept. Stats show that the number of employees working remotely at least once a week has increased by 400% since 2010. Work from home (remote work) trend accelerated because of the coronavirus pandemic when businesses had to go remote.

Even the tech giants and big brands like Google, Amazon, Microsoft, etc, have asked most of their employees to work from their homes.

Work from Home: Trends and Future of Remote Work

Stats show that more than half of the full-time employees want to work from home. Here are some trends about work from home and the future of remote work.

Benefits of Remote Work:

Avoid the Commute (Save Time and Money): Nobody likes to get stuck in hour-long traffic. With work from home, you can reduce commute stress, and increase your efficiency.

Virtual Office Place: Work from your home or anywhere else you like wearing pajamas or shorts. You are free to set up your virtual office near the coasts of Hawaii or on the mountains.

Global Opportunities: There are no boundaries in remote work. You can work for any company from around the world. Remote setup also allows recruiters to perform remote hiring of talents from anywhere globally without worrying about the relocation package.

High Productivity: Working from your home gives your mental peace. Work-life balance and healthy food provide an employee with all the energy he needs to stay focused and productive.

Flexible Work Hours: An advantage of remote work is fewer restrictions on work hours. You can work from home during the time you feel the most productive. You can also take breaks to stay fresh and productive during work hours.

Challenges of Remote Work

Communication: Communication between the teams can be a challenge in remote working. These days technology plays a vital role. Using productivity or work from home apps can reduce your resistance to communication.

Distractions: It becomes easy to give in to distractions when you are working from home. Doing daily chores, social media, and watching your favorite TV shows can eventually eat up your time.

The secret to staying focused while working remotely is to create a schedule and sticking to it.

Overwork: You can save time in remote working only if you manage your time well. Otherwise, procrastination can crawl up in your routine, and you may have to work extra hours to catch the deadlines.

Remote Work Trends For 2021

Flexible Work Hours Are The New Normal

Since 2015, the number of remote work setups has increased by 400%. Most people are prioritizing freedom from old restrictions. Around 65% of people said that the typical 8-hour workday would eventually disappear.

Automation

Automation is the future. With companies going remote, the whole hiring process will go virtual. Technology will play a significant role in recruiting because it can increase the productivity of the HR department. Now chatbots can trim down the support cost (internal and external) by 30%.

Communication and Collaboration

The success of remote work depends on the effectiveness of communication and collaboration. Very important if you’re working remotely or managing a remote team.

It’s crucial to create a digital version of meeting rooms and coffee space where team members can interact and discuss. There is a growth in users of conferencing tools like Google Meet, Zoom, Slack, etc., during the pandemic.

Cybersecurity

Remote means everything on the internet. Communication, collaboration, hiring, and operations. Hijack of a company’s sensitive data during transit to the server can incur huge losses to companies.

That’s why the security of online data becomes the priority of any organization. Organizations are recognizing the loophole and investing in the cybersecurity infrastructure.

Work-Life Balance

Mental health is a priority now. Still, 43% of the remote employees are likely to work more than a standard 40 hour per week system. For companies, this is important because more hours means more tasks getting done. But for employees, is trouble.

For companies, it means equipping systems to measure an employee’s output, such as a time tracking system for remote workers.

Remote Work and Work from Home Will Keep Growing

The pandemic has accelerated the evolution of the business landscape. Remote work is more than just a sprint or a trend.

Important Tip. Remote work is good for the environment too. This flexible system can reduce greenhouse gas emissions. We’ve already seen nature coming back to its glory during the lockdown.

These days productivity is no more a choice but a necessity in remote work.

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Mobile Apps: Stats and Reasons Why Mobile Apps are The Future [Infographic]

December 28, 2020business, Ecommerce, infographic, marketing, Social Media, Startupsapps, future, marketing, mobile, statsjtsantalis

If you are a developer or a marketer you need to know the mobile app stats and benefits. So you can create mobile apps that can help your target audience to solve their problems or fill their needs.

Here are some reasons why mobile apps are the future

Smartphones and Mobile Apps

These days there are 4.78 billion mobile users and 74.3% use smartphones. Smartphones are very popular worldwide. Some countries like South Korea showing 95% of adult usage.

These numbers are growing every year and also keep growing the market of mobile apps.

App Downloads

App downloads have increased in recent years (reaching 36.4 billion in 2020). App Store installs grew 2.5% and Google Play reach 28.2 billion.

In 2017 app downloads were 178 billion. In 2019, app downloads reached 204 billion.

These numbers (stats) show clearly how effective and profitable are mobile apps.

In 2020 the global pandemic has generated a lot more free time for people as they’re at home (Lockdown). So both app stores have seen the highest number of downloads in a single year!

Mobile Devices – Social Media and Communication

An average person spends 3.7 hours browsing on mobile devices (36% more than 2 years before). Some countries as Indonesia, Brasil, India continue to spend the most time on mobile devices each day.

Social media and communications apps take the majority of users

In 2020, experts predict that smartphone users will spend nearly 90% of mobile internet time in apps, rather than a browser. It’s very important for businesses and brands, not only to optimize their websites for mobile, but they need to create custom, effective, and responsive apps.

Mobile Ads

With more time spent on mobile devices, many brands are investing more money in digital ads, to reach potential consumers or target audiences. So digital ad spend exceeded traditional advertising for the first time in 2019. (190 billion worldwide)

Mobile ads are expected to reach 280 billion by 2022.

Marketers are using mobile marketing as an effective channel to engage with audiences. So, 40% of marketers plan to increase their mobile marketing budgets in 2021.

TikTok

TikTok is a social networking app and a source of entertainment. (short, user-generated videos). TikTok is one of the most downloaded non-gaming apps of 2020. TikTok has attracted many new users from various demographics (thanks to the Covid-19 pandemic).

Many people are stuck at home with nothing to do. So they’re looking for new ways to entertain themselves. TikTok and similar video-sharing apps fill the need by presenting fun videos.

Top Apps

The biggest app category in terms of downloads is games. (2.33 billion downloads on iOS). The second-biggest app category is ‘photo & video’ (700 million downloads).

Android mobile game downloads also increased (12 billion). The second-biggest category is ‘tools’ (1.82 billion).

Mobile Revenue

The mobile app industry makes billions of dollars in revenue each year. The mobile app market generated $462 billion in 2019.

The gaming industry is the most profitable sector of the mobile app industry.

Entertainment apps, social networking apps, and photo and video sharing apps also generate revenue but they are far behind the gaming apps.

Mobile Apps and Future

Mobile devices have become a part of our lives changing the way we spend our time and even make purchase decisions.

These app statistics will help you to identify opportunities. So you can create an effective mobile app and promote it. Mobile apps are the future for businesses and marketers.

You need to know about new technologies and trends, so you can predict the future demand for mobile apps.

The Future of Mobile Apps: Tips and Trends

November 12, 2020blogging, business, Ecommerce, google, marketing, Social Media, Startupsapps, future, make, mobile, money, tips, trendsjtsantalis

These days a smartphone has many mobile apps installed on the device. But many of them are not useful, their performance is not good, or users don’t like them. Mobile apps are very popular and the mobile industry continues to grow.

Many businesses and brands are using mobile apps because they know that they can reach pretty fast their target audience and increase sales with the help of mobile apps.

Here are some tips and trends about the future of mobile apps.

5G Technology – Mobile Apps and Business

5G technology can transfer and download video content very fast. This technology will help mobile apps to become more effective.

Also, soon we will see the widespread of voice control. This will open up more opportunities for marketers and businesses to communicate with their customers.

Effectiveness of Applications

• Speed and effectiveness

Mobile applications are faster than the mobile network. This speed allows users to quickly access content, which increases the chance to satisfy a particular need. They can find faster what they need.

65% of Millennial generation users prefer to buy products or view products through the application because of their effective personalization and the speed of the transaction.

• Data – Information – New Technologies

Applications are using new technologies such as geolocation and voice search. Applications can collect data (information) about the user’s interests and hobbies: what they do and what they like.

• Relevant Content

Many users install mobile apps on their devices because they want to get pretty fast relevant content.

Personalization and Location

These days many mobile developers are more focused on consumer requirements. Users now expect more personalization and adaptation to their location.

Location-based service is a growing and profitable category that allows businesses and marketers to create more targeted ads. Defining our destinations, hobbies, and interests, marketers can select suitable commercial offers for us.

Also, mobile payment technology is growing, which allows you to quickly perform various transactions “on the go”.

Native apps and Responsive Web

Create an application for mobile devices (native) or create an app that suits any device (responsive web)? The general recommendation is to have both.

But if you have only recurrent users, the best option is a native app.

Proactive Apps – The Next Step

The great challenge is the proactive application. It’s the next step of modern apps. It will notify user only data of interest. The secret is to discover what people are looking for.

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Social Media: What’s The Future? – Predictions and Trends

November 1, 2020artificial intelligence, business, google, marketing, Social Media, Startupsfuture, media, predictions, socialjtsantalis

Social media keep growing but we don’t know what gonna happen the next month or the next year. Social media is a very competitive market. It’s very important to know the predictions, so you can create new strategies or use new trends and tips to grow your business.

Here are some tips and predictions about social media future

Privacy and Security

These days it’s very important for brands and businesses to find methods and strategies to generate consumer trust. It’s about how they connect with their target audience. These days social media users are becoming more aware of how their data is being used.

Social media will see an increase in private interactions like messaging apps, email, and other tools for private sharing. Stats show that 85% of social media users prefer more privacy and security.

Videos

Videos on social media are on the rise. People like to watch videos than reading text content. It’s almost guaranteed that we will see even more videos all over social media in the future, including live videos.

Memes

Many social media users are sharing memes. Many people are sharing less personal information and prefer to share interesting videos or funny memes on social platforms. They don’t trust social media anymore!

Premium Services

Ads have become a big problem in social media. Many people are searching for solutions to avoid ads. Premium services could be on the rise as social media users tend to prefer high-quality images, videos, and audio without ads.

Mobile-Friendly Platforms

The future of social media is mobile. About 3 billion people (maybe more) will have access to mobile phones by 2020-2021. More and more people are using their smartphones to search online and use social platforms. That’s why future platforms need to become more mobile-friendly.

Image and Voice Search

Stats show that 55% of online searches will be carried out through image and voice by 2021. The popularity of voice and image search is growing.

With the popularity of social media platforms such as Instagram and Snapchat, there is a massive increase in visual-based content. Every mobile phone has a camera. So photos and videos will continue to saturate social media.

AR and VR Technology – Augmented Reality and Virtual Reality

The world of marketing will change and will create more practical applications of Virtual Reality (V.R.) and Augmented Reality (A.R.). The same will apply to social media platforms. Many social messaging apps like, Facebook Messenger, WhatsApp, Instagram, Snapchat, etc, will use A.R.

Data and AI – Artificial Intelligence

Social media platforms already using AI in their algorithms. The algorithms are responsible for ranking social posts, deciding which content to display to which type of users, and much more.

With data on social media becoming more and more complex, AI in social media is a necessity.

One of the big problems is fake news and sensitive data.

In 2020-2021, AI will do better segmentation data, and make sure that the algorithms provide the best content possible.

Fake news and sensitive information will be filtered out in a more advanced way than today.

More Sales

People becoming more ”lazy” and they are depending on technologies to make their “shopping” more easier and comfortable. Online shopping and sales will grow with the help of social media.

Right now you can buy products through the Facebook marketplace, YouTube videos, or Instagram store.

Automation and Chatbots

Chatbots and automation is already a great trend on social media. Soon, it could be possible that the bots can close a deal or sell your products/services while you are asleep. Pretty Amazing!

Personalization

Personalization is always the key to success in marketing strategies. Personalization is already used in the online world. From personalized Facebook feed, Amazon products suggestions to Google’s personalized search, it’s everywhere!

But with privacy and transparency becoming more important, social media platforms will have a hard time figuring how to balance between privacy and personalization (as personalization requires your data for suggestions).

Surely we’ll see many changes in the online world and our lives. Technology is changing pretty fast and social media will continue to grow and change the online world.

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