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NFC Banking App Development: Implementation Use Cases And Benefits

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  One of the main factors improving the market is how smartphones are expanding in the developing world. From mail to banking solutions, we constantly use our mobile devices for our daily work. NFC banking app are changing the world, which is not a major surprise. NFC is a contactless technology that allows the exchange of data between NFC-enabled devices. NFC business reached around USD 17.5 billion in 2020 and is now estimated to reach USD 39.8 billion by the year 2026. The estimated mobile market size is estimated to be around $ 3 trillion globally by 2024. NFC payments have diverse benefits such as providing secure transactions, convenience and versatility. Technological advancements have undoubtedly made it easier for end users to carry out daily activities. Its new technology is called Wireless Sensor Network System which uses mobile phones to carry out a wide range of entertainment and business activities at all possible levels. It’s interesting because it allows end users t...

What Is DeFi? A Beginner’s Guide To Decentralized Finance

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If you’ve invested in bitcoin or done any research into cryptocurrency, you’ve probably heard the term decentralized finance (DeFi) once or twice. One of the most important promises of cryptocurrencies is to provide access to payments and finance to everyone in the world, wherever they are. As a result, DeFi supporters see it as a better alternative to traditional financial services. But what is decentralized finance (DeFi)? How does it stack up against the traditional financial system? In this beginner’s guide, we’ll discuss everything you need to know about this new financial system that could change the world. What is Decentralized Finance – DeFi? Decentralized finance (DeFi) is a new financial system built on safely distributed ledgers like those used by cryptocurrencies. The method removes bank and institution control over money, financial goods, and financial services. One of the newest and most advanced technological trends in recent history is the cryptocurrency revolution. New...

Comparison Between Other Application Development Platforms & No Code / Low Code Development

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  The world is about digitization! Nowadays businesses of all sizes are launching their applications to try and expand their reach online. As we know, developing a digital enterprise in the form of web and mobile applications is a very difficult task. You have to brainstorm many things at once. One of the key ways to decide which coding method to choose is? Low-code/no-code vs custom code development? In our previous blog, we discussed  what is low-code/no-code development , its advantages, and its usages. Here are a bunch of reasons why it’s smart to favour custom app development vs low-code/no-code app development. But first, let us find out what is meant by low-code and custom app development. These platforms are opposite from each other. Low Code/ No Code is a way to develop applications without coding expertise. Whereas, the traditional approach i.e. custom coding involves a tech-minded who with their expertise and experience steers the software development ship effortles...

How is IoT Transforming the Construction Industry?

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  The construction industry is one of the crucial contributors to the world’s growth and well-being. According to a research, Construction industry construction industry will account for 13.2% of the global GDP after few years. The idea of Internet of Things (IoT) has been existed for many decades. Since its creation, innovators have been waiting for the technology to move forward enough to be practically implemented in different industries. Recent research show that it’s only a matter of time before IoT in construction industry becomes a must-have technology. IoT will play an important part in waste management and employee safety improvement, construction costs reduction, and also helps in match properties against the requirements of prospective tenants. In near future, IoT is expected to be used in many construction and real estate sectors including facilities, infrastructure, homes and businesses. In the terms of IoT use, the construction industry is not the most advanced. P...