Home > Resources > Infographics > Take a closer look at Blockchain technology

Take a closer look at Blockchain technology

September 15, 2016

There’s been a lot of noise recently about bitcoin, blockchain, and cryptocurrency. Some of it is hype, but some of it points to important forces in the financial services industry. So what does it all mean?Let's start with some quick definitions. Blockchain is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds.

Spotlight

Hippo Insurance

Hippo is a new kind of insurance company that uses modern technology to provide a simpler process, smarter coverage, and a completely new approach to how we care for our homes.Hippo offers intuitive and proactive home insurance by taking a smarter, tech-driven approach. We believe that home insurance should be designed to actively serve the needs of our customers, who can live carefree when they know they've been taken care of.

Other Infographics

Unscrambling the U.S. Auto Debt Explosion

Infographic | December 16, 2019

Owning a car should make life much easier. But while automobiles have become a modern necessity, for others, it’s a costly amenity. This infographic, courtesy of CarPaymentCalculator.net, shows how automotive debt has grown rapidly due to rising vehicle prices, longer loan terms and consumers increasingly opting to trade in vehicles with negative equity.

AI,ML and Deep Learning in Finance

Infographic | July 12, 2022

Banking customers, aren’t out there thinking about AI, ML. They are looking for convenience, value, better experiences, and sometimes connections. -Alex Jimenez, Strategist, Influencer in Fintech, AI, and Data Analytics

Financial Service Providers: Changing the Workforce of the Future

Infographic | March 9, 2022

25% of leading companies are taking the steps towards reshaping the futuristic workforce.

Are You Keeping Up With FinTech in 2021?

Infographic | January 19, 2021

Ask yourself: Is your IT where it needs to be to keep up in the world of finance? Financial organizations are experiencing some of the most rapid changes of any industry and it’s thanks in large part to technology. Big data, automation, security — these are the areas organizations like yours need to be thinking about and investing in.

Future Aspects of Digital Banking

Infographic | March 29, 2023

The future of digital banking, which has revolutionized the banking industry and looks promising, offers a convenient, secure, and fast way to access financial services.

Gamification in Banking and Financial Services

Infographic | February 20, 2020

When there is a lack of trust and engagement, customers don’t consume products and services. Engagement is critical to keep your customers loyal to your brand. At the same time low engagement among employees causes high levels of stress and burn out. This results in decreased performance, not to mention that stress causes higher error rates, poor quality work, staff turnover and absenteeism.

Take a closer look at Blockchain technology