Question

Will Financial technology have a very high adoption of active users in some countries by next...

Will Financial technology have a very high adoption of active users in some countries by next year considering covid-19 crisis? Discuss

Homework Answers

Answer #1

financial technology is the emerging/trending activities in finance department trying to evade traditional way of handling things and they include;

-cryptocurrency in trading.

-introduction of budgeting apps.

-robot advertisements on televisions and business places like supermarkets.

-mobile payments.

-pay pal services for transaction


Explanation:

I give a NO; for very high adoption of active users in some countries by next year considering covid-19 crisis because most of the funds to boost the technology implementation is used to cater for the pandemic making the government expenditure to high that it fails to invest in some projects like the financial technology.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Some economists have suggested that the adoption of computer technology involves faster rates of capital depreciation....
Some economists have suggested that the adoption of computer technology involves faster rates of capital depreciation. Assume that there is no technological progress (aside from the change in the depreciation rate). Using the Solow-Swan model, explain carefully the short-term and long-term effects (steady-state) on GDP per worker and capital per worker.
Some have argued that there was a “perfect storm” that led to the 2008 financial crisis....
Some have argued that there was a “perfect storm” that led to the 2008 financial crisis. List the 5 main contributing factors that happened together that led to the financial crisis (maximum 2 double spaced pages). Note: the 5 factors are: 1-Dot-com bubble and the shift of funds from the technology era to real estate 2-Inflow of foreign capital from developing countries 3-Deregulation (refer to Glass-Steagall Act of 1933 and Gramm-Leach-Bliley Act of 1999 and shadow banking) 4-Financial innovation (CDOs...
Suppose there are two very similar countries (call them E and F). Both countries have the...
Suppose there are two very similar countries (call them E and F). Both countries have the same population and neither is experiencing population growth (that is, N is identical and constant in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and there is no technological progress. Suppose that currently both countries are in steady state, when an earthquake destroys half of the capital stock of...
Some financial experts have argued that World Bank and developed countries are intentionally trying to keep...
Some financial experts have argued that World Bank and developed countries are intentionally trying to keep developing countries from realizing genuine development goals? Do you agree or disagree? Explain your answer.
Explain why some firms have very little if any financial leverage while other firms have a...
Explain why some firms have very little if any financial leverage while other firms have a significant amount of financial leverage. How will the amount of financial leverage affect decisions by management regarding the health and well- being of the firm?                 
During tablet compression, some of the tablets were found to have very high hardness 1- What...
During tablet compression, some of the tablets were found to have very high hardness 1- What are the possible reasons? 2- What are your suggestions? 3- What are the expected problems with these very hard tablets? Thank's Abdulrahim taysir
During tablet compression, some of the tablets were found to have very high hardness 1- What...
During tablet compression, some of the tablets were found to have very high hardness 1- What are the possible reasons? 2- What are your suggestions? 3- What are the expected problems with these very hard tablets? Thank's Abdulrahim taysir
Question No 1: (Marks 10) The coronavirus (COVID-19) is affecting 210 countries and territories around the...
Question No 1: (Marks 10) The coronavirus (COVID-19) is affecting 210 countries and territories around the world. As of 12th June 2020, in Oman 21,071 cases of COVID-19 have been reported, including 96 deaths. The coronavirus (COVID-19) outbreak is a major health crisis and disruptions to the global economy. The situation is getting severe due to lockdown as measure to contain the virus. a).  You are required to use aggregate demand and aggregate supply analysis, explain in detail how COVID -...
Please read the following article: 53% Of Companies Are Adopting Big Data Analytics: "Big data adoption...
Please read the following article: 53% Of Companies Are Adopting Big Data Analytics: "Big data adoption reached 53% in 2017 for all companies interviewed, up from 17% in 2015, with telecom and financial services leading early adopters." "Reporting, dashboards, advanced visualization end-user “self-service” and data warehousing are the top five technologies and initiatives strategic to business intelligence." "Data warehouse optimization remains the top use case for big data, followed by customer/social analysis and predictive maintenance." "Among big data distributions, Cloudera...
**financial management** You have some extra cash this month and you are considering putting it toward...
**financial management** You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 7.3%​, your loan payments are $669 per​ month, and you have 36 months left on your loan. If you pay an additional $1,400 with your next regular $669 payment​ (due in one​ month), how much will it reduce the amount of time left to pay off your​ loan? ​(Note: Be careful not to round any intermediate steps...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • Movie stars and U.S. presidents have fished Pyramid Lake. It is one of the best places...
    asked 31 minutes ago
  • what advantages do percent distributions have over frequency distributions when comparing populations at different years?
    asked 36 minutes ago
  • Richard has just been given a 6-question multiple-choice quiz in his history class. Each question has...
    asked 57 minutes ago
  • Write about westernized elements in life; westernization in our life, and this includes Americanization.
    asked 1 hour ago
  • The college Physical Education Department offered an Advanced First Aid course last summer. The scores on...
    asked 1 hour ago
  • Researchers hypothesized that increasing a woman's level of arousal would increase her perceptions of attractiveness of...
    asked 2 hours ago
  • Equation 37-14b in the textbook gives the energy emitted by Hydrogen when electrons transition between states...
    asked 2 hours ago
  • Theory of Computation Please provide explanation too on how it works a. Give an NFA recognizing...
    asked 2 hours ago
  • Question 1 A sequential pattern detection circuit (state machine) has input A and output Y, which...
    asked 2 hours ago
  • Natural Foods Inc. is planning to invest in new manufacturing equipment to make a new garden...
    asked 2 hours ago
  • Explain why a callable bond's price would be expected to decline less than an otherwise comparable...
    asked 3 hours ago
  • . What are the three types of pricing strategies services that services employ? Using a real...
    asked 3 hours ago