UppLabs blog

Business, FinTech, Technology, UppLabs

How could digital wallets impact banking and financial services?

September 10, 2022

The studies show that the total number of digital wallet users worldwide will exceed 5.2 billion in 2026, up from 3.4 billion in 2022, an increase of over 53%. And it’s no surprise. With a digital wallet, you can make money transfers, pay for goods and services, and live without cash or a bank account. Transactions between systems are instantaneous, and many allow using different currencies. At the same time, more and more users prefer digital wallets as a more convenient and cheaper alternative to traditional banking services. In this article, we will explore how digital wallets could impact banking and financial services.

Business, FinTech, Technology, UppLabs

NFTs 101: A Useful Beginner’s Guide

July 12, 2022

The emergence and popularity of NFT tokens are already changing the market and creating new formats and concepts of ownership in the digital space. Thanks to the tokens, content creators can earn money without intermediaries, receiving funds from the audience. 

Tokens are already changing the system of digital content copyright and can protect it from illegal copying. It is not only a new market for collectors but also a new way of licensing content. This guide will reveal all aspects of NFT’s world and show you that you can now tokenize any digital object.