Necessity of Cybersecurity in Digital Era

We live in the beginning of the digital era. Essentially, what that means is that we are living in a modern world that is paved to the brim with good intentions, digitalisation, and technological advancement. This is a world of our own creation, and so we should not be at all surprised at the way that this world has unfolded and continued to evolve and expand since the dawn of its introduction to the big, wide world. Today, modern society is more hinged on technologies than it has ever been, and it continues to become more so every single day. At the core of that realisation lies the distinct realisation that we are growing more comfortable, more familiar, with technological innovation than we are in its absence. In this way (and so many others), this truly is a whole (digitally empowered) new world.

The technologies that have changed the world

So, in a world that is steadily becoming more technologically inclined all the time, it comes as no surprise that our reliance on technological innovations like the worldwide web has become stronger and stronger too. The internet has been remarkable since it was first introduced to the world, changing life as we knew it forever. Over the years, the enhancements to the internet have only gotten more advanced and more impressive. In many ways, this is a positive, but it can and does also inevitably open doors that pose potential risks. Protecting ourselves has never been so important – especially online.

The necessity of cybersecurity measures today

This is exactly why cybersecurity is so important in this day and age. Now that we are engaging online more than ever and thus investing more and more of ourselves and our lives into the virtual landscape that is the worldwide web, it becomes more and more obvious that there is a growing necessity for cybersecurity measures. Essentially, cybersecurity is all about protecting online activity and users by initiating and upholding several different virtual security measures. Each of these measures is designed to protect the privacy and safety of a user’s online activity. In a time like today, this type of innovation is more important than it has ever been.

What we can expect going into the future now

There are so many cybersecurity options out there today, thankfully. Whether it is anti-malware programs or a standard VPN (to name a few examples among the many), cybersecurity is more powerful than it has ever been. What is more, is that it seems to only continue its upward trajectory, getting better and better all the time. Having a reliable, secure and private connection really can make the difference between being protected online and needing to get your ducks in a row when you find you have been too lax. Going forward, we can almost certainly expect more advancement. Cybersecurity continues to step it up all the time these days, and there is no reason to think that will change any time soon.

Why Do Canadians Use VPNs?

The internet might seem like a place of freedom but the sad reality is the average online user will be restricted when it comes to what they can watch and access. Big corporations, governments and authorities often use software designed to block certain sites, track users and steal their data.

This is certainly true for the citizens of Canada. In order for them to stay protected and get passed restrictions they too will have utilize effective software. That is why so many Canadians are turning to virtual private networks (VPNs). These are not only versatile and effective. They are also perfectly legal in Canada.

In simple terms a VPN connects a user to the internet in a secure way. Their data traffic will go through an encrypted virtual tunnel. Therefore the user will be less vulnerable to trackers, hackers and cyber criminals. A VPN extends the amount of freedom Canadians can have when browsing the internet and deep web. The main advantages of having one installed are anonymity, security and the ability to bypass blocks.

Torrenting

Torrenting is enjoyed by people all over the world. The ability to share data files with others in a free and easy way is a wonderful thing. However, this activity can potentially expose sensitive user information. If someone in Canada started downloading or uploading on a torrent site their IP address would most likely be visible.

An IP address can also reveal the user’s geographic location. In some cases this may be enough to expose their identity as well. People who regularly engage in P2P sharing run the risk of this exposure every time they torrent. If anyone can see their IP address it is only a matter of time before a malicious entity takes advantage of the sensitive information.

A VPN will conceal a person’s true IP and make it appear as though they are located somewhere else, ideally in a completely different country. The biggest VPN companies give their users access to thousands of global servers. If a Canadian used a server in Europe their IP origin would appear to be from that continent. Masking an IP with VPN technology is an essential aspect of modern torrenting. Without it the consequences can be disastrous.

Bypassing Geo Blocks

Numerous sites and services on the internet have geo based restrictions in place. This is especially true when it comes to streaming sites such as Netflix, iPlayer, Prime Video and many others. A person in Canada would not be able to watch the British version of Netflix without a VPN.

Conversely, if a Canadian ex-pat wanted to watch geo-blocked television station content from their home country they would also need to utilize a VPN. This technology is not however a way to watch restricted content for free. The user will still have to register and pay for the streaming service content.

Live sporting events are notorious for “black outs”. This is when the event is not allowed to be broadcast to a certain territory because the network is not local. A black out can be very frustrating for sports fans. VPNs let users watch sports through an international server, preventing this issue.

Keeping Data Protected

Accessing the internet without any security software in place is risky. There is always the potential that a third party is monitoring the user’s activity. They will need to be protected from malware, ransomware and other malicious software.

When people use the internet for extended periods of time they will inevitably have to share sensitive information. This could include bank details, login usernames and passwords, personal information, medical history or work files. Their connection will have to be safe and a VPN is ideal for this. It stops hackers in their tracks and secures user traffic.

Staying Anonymous

It is becoming increasingly difficult for the average person to keep their identity hidden when online. Criminals are not the only ones who want to get their hands on the general public’s data. Many legitimate but intrusive organizations try to collect user data. This could be for research and marketing purposes.

It is not uncommon for Canadians to search for items to buy and then be targeted by ads for these products. They have not had their mind read, instead their search information has been covertly collected. With this info a company can create an entire consumer profile and continue to target them with tailor made ads.

The practice of brazen data collection has become so disturbing that people use VPNs simply to stay anonymous. This does not mean they have anything to hide. They simply want to avoid creepy marketing practices.

Conclusion

VPNs have revolutionized the safety and freedom of regular people who use the internet. It is likely that the popularity of VPNs will increase even more in the near future.

The Most Popular Approaches to Translating and Localizing Movies

Having a movie converted into multiple languages is one of the guarantees of its success. Read about the ways to translate films for massive audiences.

Through correct movie translation, it is possible to apply to the hearts of millions of people around the globe. Modern cinemas took care of advanced translations of the films they show to collect more money from their viewers. Even though English is considered an international language, and Chinese is the most spoken one, people prefer watching motion pictures in their native language to understand every single word, joke, and idiom. To succeed, movie makers turn to professional translation services and choose one of the available methods to localize their masterpieces. We will discuss them in this article.

The Role of Audiovisual Content

One of the most effective methods to convert films in various languages is, no doubt, audiovisual translation. Globalizing audiovisual content means expanding the target audience significantly and increasing the number of regions where people watch the movie or show. It is like website optimization. It might cost your business a bit, but the outcomes are usually worth investing in. Special language services providers usually offer audiovisual translation in numerous languages, and the fee usually depends on the number or complexity of the chosen languages. Commercial movie makers never use to consult the websites that offer free translation online. These companies hire the services of some professional translators to convert and add audiovisual effects in the movies. This is an extremely sensitive task because the translator has to produce the audiovisual content compatible with the cultural and emotional context of the source language. 

At the same time, the cultural aspect should be taken into consideration as direct translation will not bring the desired effect. Except for the cultural, political, religious, and economic factors are critical to take into account when dealing with movie translation. A movie maker should also consider various approaches to translating films:

  • Subtitling;
  • Voice-over;
  • Lip-sync dubbing

They all come at different costs. They also demonstrate different effectiveness. Those are just the most popular approaches that one should use if he or she wants the film to be equally successful in various languages and cultures. We should briefly discuss each method.

Subtitling

It was noticed that smaller regions choose subtitles when it comes to translations of movies. Under small countries, we mean those with populations around 10 million people or even less. The approach is known as relatively cheap. Thus, it is also popular among independent movie makes who do not receive enough budget for their masterpieces. 

In such countries as Spain and Portugal, subtitles are often applied to foreign television shows. Also, many countries today have more than two official languages, and that is another thing that makes subtitling quite wide-spread: language minorities especially benefit from this method. To sum up, the pros of subtitling include:

  • Comparatively low costs (15 times cheaper than dubbing on the average!);
  • Original language is still heard (it helps many people to learn new languages);
  • The plot’s main message is delivered way better (the main idea remains the same as it is not important to sync the dialogues and the actors’ lips).

Of course, like in any situation, there are some disadvantages to using subtitles. Perhaps, you can guess some of them, but here is the top of disadvantages that might even prevent some filmmakers from subtitling:

  • This method slows down the watcher (having to read comments whenever the dialogues are on may distract the viewer from the plotline);
  • Limited space is required (when subtitling, the translators have to meet several strict conditions);
  • The production time becomes longer;
  • The overlapping colors may become an obstacle.

Dubbing

The next common method is so-called dubbing. The idea is to remove the source audio track to include a recorded one in the required language. The central European countries prefer this method on TV and in the cinema industry in general. This approach suits regions with large populations more. As some countries have just one officially recognized language, dubbing is their best choice. No cultural factors or religion usually matter but politics. It is still critical to obey censorship. 

What about the advantages of this method? They include:

  • Increased film’s appeal to mainstream watchers (provides a sense of national identity and comfort in general);
  • Guarantees successful motion picture localization (dubbing the movie in their native language makes the audience understand the plot better; when mixed along with subtitles, the effect is the best);
  • Humor and idioms become better to understand (dubbing allows accepting the joke or anecdote converted into the language that the local population understands).

So, the greatest advantage of dubbing is localizing the content so that the audience perceives the movie as the one produced by the domestic filmmaker. Of course, some cons were admitted by the experts, too:

  • Selection of voice may be improper (often, the same actors dub the same original actors in movies, and audience sooner or later gets acquainted with that; but when it comes to some regions, a single actor dubs all actors, and it is not really comfortable as people should watch the picture all the time to get who is talking);
  • Sync of the voices (it is not easy to synchronize the voices with the mouths of actors);
  • Some voices may sound irritating to the watcher.

How to Translate a Film Step-by-Step

We have discussed a couple of the most commonly applied approaches to movie translation. Now, it is time to have a look at the steps a crew should do to implement each of them. So, we will start with the guide to adding subtitles:

  • Collect the requirements by identifying the nature/scope of the film;
  • Come up with the necessary assets (transcript and framework);
  • The translation of the dialogue itself;
  • Adjustment of settings and timing;
  • Implement quality assurance tests;
  • The last few steps in engineering.

The process of dubbing looks pretty much similar with some differences. For example, once the translators are done with their job, it is necessary to apply instruments to count the script’s syllables to adapt the translated material. Then, the actors may view the translation while voiceover. At the same time, one should control their tone, intonation, expressions, etc. The last steps are the same as in the case of subtitling: quality assurance and engineering.

So, Which One to Choose?

No matter which of the discussed techniques you choose, you will benefit from converting and localizing your project. It refers not only to movies: the entire business world works this way today. When translating a movie, consider the regions you plan to target as well as some other factors such as costs and voiceover actors’ availability. Then, your film is doomed to succeed (taking into account an interesting plot and good acting, of course).

The company providing solutions for the entire pet industry

BabelBark was started by Roy Stein and Bill Rebozo. They created a solution for a personal problem. Stein and Rebozo wanted to leave for vacation. The problem with traveling as a pet parent is that must leave their fur loved one with someone they trust. Although boarding is an option, it’s often wildly expensive and also can cause emotional stress on the animal because it’s taken out of its natural environment. Pet sitters are increasing in number as the amount of pet owners continues to grow.

As friends, co-workers, and software engineers, both men decided to create an app that helped find care givers. Not only did it connect the pet parents with their community, it also provided updates on the pet while the parent was away. It’s a revolutionary idea that creates a simple solution to a present day issue.

“The idea for BabelBark came about in early 2015 when we were planning an extended vacation—and worried about leaving our dogs with sitters. So, we created an app to help the care givers out and enable us keep tabs on what’s happening with our dogs.” – Roy Stein

The app usage started with just two guys and then spread to their community. The men saw and conquered a business opportunity to make it available to the public. They did a soft launch in 2018 and a full launch in 2019. Since then, the company is growing in investments, services offered, and brand awareness.

The company has a competitive advantage in their market for a few reasons. The primary reason they will continually see growth and success is that they are the first to enter a market. In a way, they created the market and then dived into other facets of the pet industry. An app that helps connect pet owners and care givers will give the owners a peace of mind while traveling and also provide the care givers with new clients.

“Since the idea for the app came about, BabelBark has grown into a Pet Suite of products including the BabelBark app for pet owners, BabelVet software for veterinary hospitals + clinics and BizBark software for businesses + shelters—all designed to work together to

redefine the connection between pets and everyone who cares for them.” -Roy Stein

When researching their audience, BabelBark owners realized a few key factors played into their hopeful success. A generational and demographic shift means that millennials are holding off on kids. Research demonstrates that the millennial generation is getting waiting to get married and have children, and thus, have opted to raise furry friends. Because they all aren’t paying for weddings or children in their twenties, some of them are more likely to pay for luxury pet items and be much more invested in the lives of their pets.

“Pet parents have different needs now than 10 years ago due to a number of factors. Verticality is out and old thinking – Horizontality is the new way to think and what millennials expect. Pet businesses need to ensure they are prepared because the new digital mobile practice is a horizontal movement. They now need to be connected to the entire pet ecosystem and ONLY BabelBark does this.” – Bill Rebozo

Their company provides a full service and horizontal integration approach to users. So not only does it focus on care givers, the company also provides other services like BizBark and BabelVet. Those two services help connect pet businesses and vet providers to owners. The app can essentially be a one stop shop for owners. Because it is a multi-faceted provider, businesses and vet clinics are likely to use it on their end to connect with pet owners. As a mutually beneficial product, the horizontal approach helps every notch in the system.

Although the startup came about just a few years ago, the two men have successful raised $8.6M in funding and are continually hoping for growth in their idea. The American Animal Hospital Association (AHAA) chose BabelBark as the exclusive vet-pet platform until December 2021. The app has the ability to benefit animal hospitals and vet clinics by advertising their services on the app. Because it provides global services, BabelBark is able target in local markets. Unlike purchasing a product, sometimes buying a service, like vet care, is preferred to be done locally by pet parents. For this reason, BabelBark connects local pet parents with the local businesses and vets available to them. This powerhouse system of data is beneficial for all users involved and gives BabelBark an upper hand when it comes to future investments and business endeavors.

“By connecting the whole eco-system of pet parents with veterinary and other pet caregiver businesses through a single platform, our platform delivers mutually-reinforcing benefits with a robust data base enabling predictive analytics on what product and service is needed & when.” –Bill Rebozo

Manmade diamonds present a new era in diamond cutting technology

For decades, it has been perhaps the world’s most genius slogan that diamonds are indeed forever. This is an industry that, over time, has evolved to bloom into the booming sector that it is today. Every year, around 150 million carats of diamonds are extracted from the Earth. And, unfortunately, it has not always been an industry that has actively practiced ethical resourcing of the diamonds. For generations, the blood diamond trade in Africa enticed some of the most dangerous, even hostile worker conditions in the world (if you can ever call them that).

The drive for diamonds has never ceased, nonetheless. People all over the world consider diamonds to be some of the most precious stones available, and indeed they are. But more to the point, now that awareness and a general understanding of how exactly so many of those diamonds make it to the international market has bloomed so significantly, there is more of a push to source the precious stones more reasonably, on every front. The diamond industry might not be going anywhere any time soon, but the hope is that soon the way in which it operates from the onset will change.

The push for a more ethically sustainable approach to sourcing diamonds

Over time, ethical awareness spread, and today there is a push to eradicate the blood diamond industry, but it is an ongoing battle (for more information on legal rights surrounding workplace incidents check it out here). Even so, a rising solution to the crisis comes in the form of manmade diamonds. These diamonds are just as beautiful as organically sourced diamonds, and with a practically flawless ethical stance on sourcing, polishing, and marketing, at that. And, as it turns out, an especially significant approach to diamond cutting.

It all starts with controlled manmade growth inside a specified lab

Being made in a lab, manmade diamonds are controlled from the moment their creation and subsequent growth is initiated, to the moment they are polished and finalised before being sent out to the global market. Whereas organically grown and sourced diamonds are all different sizes, shapes, and clarity, manmade diamonds can be controlled every which way, which ultimately makes them more easily cut and polished when the time comes for that process to take place.

Diamond cutting manmade diamonds is more acute, more precise

The laser cutting technology used to cut diamonds in manmade and controlled labs is so precise that I can make thousands, if not millions, of the exact same cut, to the exact same specifications, to the exact same quality, time and again. Further, the process of diamond cutting these stones is more time-effective, owing to the fact that the machines used to control and carry out the diamond cutting technology are much faster than human hands. This makes it easier for manmade diamonds to be cut not only more precisely, but more quickly, ensuring that turnover rates remain high and the quality remains at its best.

The relationship between AI and insurance

We are no strangers to technological absolution and further and ongoing digitalisation. The modern world that we currently thrive and live in is more technologically profound than ever. We have never seen the likes of this type of global innovation, and it is true that we may not see it ever again. This drastic jump in species’ advancement and further innovation has been our doing, and we are now standing on the verge of a new world that is not just peppered with technological advancement and rapid digitalisation, but effectively immersed in it.

Every industry that survives and thrives today has found itself yielding to technological influence, in one way or another. It is the way of the modern world that it must entirely shift and realign, always striving to meet new heights and carve new impressions as it moves along. One of those unexpected yet inevitable technologically-charged innovations is the budding relationship between AI (artificial intelligence) and the worldwide insurance sector.

The melding of artificial intelligence technology and the insurance industry

It is true that AI is disruptive in all the best ways, but it is also true that it has taken some time for us to perfect our approach with it all. Modern consumers expect that the ways they interact with the world around them are going to be intrinsically linked with technological prowess, because they have become so used to it, so quickly. This is precisely what has happened, what continues to happen even now. In the insurance industry, AI has disrupted to essentially create a more convenient and wholly accessible future for the industry, and all who use it (either regularly or sporadically).

Why AI is such a fundamentally positive disruption to insurance

AI is designed to work smarter, so that we do not have to. And so, it is. AI in the insurance industry is aimed at giving customers a smoother transition through the processes and systems that come along with organising and maintaining insurance claims, policies, and procedure turnovers. And it is working its magic on the industry from the inside out, too, by automating and taking control of tedious processes, henceforth freeing up more energy and time for those who work in the industry to focus on the more personally-driven aspects of their jobs and the industry itself.

Where we can expect the relationship between the two to bloom next

It does not necessarily matter if one is considering the home insurance rates Ontario, or the insurance plans available in Australia, or even if it is the automation through AI of system processes and outtakes, the point is always the same – especially now. AI has been slowly but surely disrupting industries and innovations around the world for quite some time now, and insurance is its latest and greatest claim to date. This is not new news. What is expected to happen, however, is that AI will just continue to grow, always shifting into its next iteration with relative ease. 

Why coding is becoming such a coveted career in the digital era

It is no secret that we are diving deeper and further into the digital era with every new day. These days, technological advancement and rapid digitalisation are as common as the air we breathe. We have become so comfortable, familiar, and even reliant on these modern innovations. Every facet of modern life, from the way we interact with one another and animals and experience the world around us, to the way we learn and work, has been fundamentally changed from the inside out.

Consider the way we work, for example. Careers in computer science, coding, IT, and programming are becoming more popular choices all the time. It is obvious that this is because we are all pining for a world where technological absolution rules, but it is about so much more than that. Essentially, the lure of careers in these technologically-driven fields is all about being able to do something important, rather than doing something for the sake of it. So, if a career in coding and the like is so important today, why is that?

The advantage of having a digital skillset

Here’s the thing. Individuals with careers in fields like coding and programming today have a distinct advantage over their competitors. When going for jobs these days, even if there is no strict coding and programming involved, there is something to be said about having a skillset that gives you an edge. Employers today look for candidates who have a skillset that sets them apart from the rest, and could potentially make them better at their job, and able to help elsewhere in the company if the opportunity arises. Whether that skillset is a degree in information technology, or expertise in big data engineering, or any other manner of tech-savvy qualifications, the point remains the same: a tech skillset is a direct advantage.

The benefit of having a high-paying, high-impact career

The students of today who are studying degrees in coding and the like, are the very same individuals who will likely go on to become the leading minds in some of the most important careers in the world. because of the exceedingly important impact that careers in areas like coding are having on the world, they are in high demand, and they pay exceptionally well. Students who have the passion, skills, and the determined mindset to excel in a career field like this are drawn to it because of its income bracket, its challenging nature, and its ability to make them not only better at their jobs, but more skilled in life in general.

The allure of contributing to the future of the world

Careers in coding, computer science, information technology, and programming are some of the most instrumental pillars of the future of the world. As we become more digitally inclined, the world has more need for individuals who can contribute to the most important parts of modern society. Coding and programming are important because the more digitally inclined we become, the more coding and programming become an instrumental part of modern society. With digitalisation comes the coding and programming that spurs it onward.

Home décor industry trends

From technology that allows people to bathe in colors to minimalist furniture with rustic energy, there have been many changes in the trends of the home décor industry. While the discussion on the decrease of people interested in home ownership continues, it is evident that those who do own a home want it to look magnificent. The home décor trends have seen major changes in the past few years especially with the rise of technology in the home design industry providing even more options to consumers. For example, rather than buying simple curtains, people can now choose to use smart blinds in their homes that are not only convenient, but a great way to save energy. Additionally, millennials have also acquired different tastes in how they want their homes to look. This is clear through the rise of minimalist home décor which has currently become one of the biggest trends in the industry. The options of designing homes are not only affordable and convenient in today’s world, but also make ones home look like it is straight out of a magazine page. Either way, all these new innovations and interests in the industry allow one to choose the best design to create a comfortable and fulfilling living space.

Technology has disrupted almost every industry, including that of home décor and design. Technological trends in home décor are not just purchasing smart home gadgets, but also using technology as a means to figure out how to decorate one’s home in the first place. For example, several apps, including some with virtual technology, allow one to take pictures of their living space and use a device to fill it with different furniture and décor. Additionally, smart home technology is an ever growing trend of home décor especially as more companies focus on creating technological products with added style. For example, people can now purchase smart speakers, or smart trashcans, or integrate thermostats into one’s home to create the best living environment. Home technology can also be beneficial as it can serve many different purposes with less equipment, enhancing one of the other rising trends in home décor, minimalism. With shows such as Tidying Up with Marie Kondo, more and more individuals are creating minimalist homes. Moreover, the minimalist approach is used increasingly by millennials who are constantly traveling and hence do not require a lot of home décor in the first place. A lot of companies are using this trend and creating more options for homeowners in the minimalist space. For example, providing multi-use furniture to reduce space and increase affordability in the purchase of home décor.

Overall, many trends are changing the home décor industry, creating a wider range of cost-effective products with added convenience. Home décor today is also highly influenced by social media as more people choose to share images of their living space online, inspiring others to create similar living spaces. The home décor industry is constantly growing, as can be seen by the various companies starting to invest time and effort into it. It is interesting to see the manner in which the trends will continue to change and create new options for one to choose from to create the decorated and designed home of one’s dreams.

4 New Technologies That Will Disrupt the Legal Industry

Law is one of the world’s oldest and most well-respected professions. Its legacy extends back hundreds of years and due to the enormous amount of education, work, and dedication required to become an effective practitioner, a position at a tried-and-tested legal firm is one of modern society’s most stereotypical status symbols. But new technologies are coming – or have come already – that aim to change the world, and the legal industry will be forced to adapt. The conversation about the changes underway in the world of law is already underway, but some technologies look to be more significant than others.

Self-driving cars

Inevitably, the first industry on people’s lips when self-driving cars come up is transportation. Full-time truck drivers and package and post delivery drivers are alleged to be particularly vulnerable, but somewhat less frequently mentioned is how automated cars will affect the way traffic violations and accidents are litigated. Car accidents are a major subset of personal injury law, a broad canopy under which many lawyers make a living. It’s tempting to think that without drivers to hold accountable, there can be no lawsuits or paychecks, but that’s not necessarily true, although the landscape will change. Forward-thinking firms like Seattle’s Davis Law Group are optimistic about their ability to help their clients navigate an unfamiliar landscape, where many of the defendants will likely be larger tech companies.

DNA databases

The use of genetics in the legal system is a relatively new phenomenon; even the forensic science of fingerprinting is surprisingly recent. Non-profit groups like the Innocence Project make headlines by lobbying for the application of new DNA evidence to exonerate criminals believed to have been wrongly convicted. But the newest development is a sort of Facebook of genetic data, a growing collection of information submitted by people for ancestry tests and entertainment value that police are now accessing in order to try and incriminate family members who may be suspects in a criminal investigation.

Automation

Automation won’t replace lawyers, but it will replace a lot of the work that they – and especially paralegals and assistants – do on a regular basis. Two things are likely: First, the adoption of software that automates the more menial and mechanical aspects of legal work will become necessary for success in a competitive marketplace, and it will significantly change how legal professionals bill their hours and what kind of work they focus on. Second, the firms that truly excel will be the ones who use advanced technology creatively, to help predict odds in trial cases and parse relevant case information.

Home Assistants and the internet of things

This is a technology that’s already here, but as the biggest technology companies engage in mortal combat for custody of our personal data, the portable and in-home devices they use to collect it will become a new variable lawyers will have to contend with as they work to protect their clients’ confidentiality and manage control over their cases. The possibility that the unassuming little robot might suddenly decide to send privileged conversations to randomly-selected third parties is an unfortunate reality that tomorrow’s attorneys will have to deal with.

The global finance industry goes digital

It is no secret that the world we live in is positively shrouded in feats of technological advancement and incredible digital impact. We have quite literally created the world that we exist in, and we have done so with both brilliant clarity and a knack for understanding that lessons will be learned, and challenges will be overcome – even if they take time. No matter what, at the forefront of it all are technologies and digital innovations. And many of these innovations have arrived on the scene hand in hand with their learning curves, many of which erupt into cases of trial and error if they are not navigated carefully. Practically every industry today has had its fair share of challenges and exciting navigations, and they have all – for the most part – emerged out the other side being better and stronger for it all. The finance industry, for example, is currently embracing digitalisation in multiple ways, and it is already proving itself to be an exceptionally brighter sector because of it.

The modern consumer lives in a world that is positively immersed in and surrounded by technological innovation and rapid digitalisation. As such, they have come to expect these traits to be present in all aspects of their lives. From life at home to their financial holdings (and everything in between and surrounding), digitalisation is finding its ways to disrupt even the unlikeliest of sectors. In terms of the finance industry, the everyday experience is being taking online by the introduction of apps and websites, as well as instantaneous global transactions and even cardless cash or phone-handled payments. Even tax season is becoming easier, with some individuals even being able to do their entire return online in under an hour (some people even complete it in under thirty minutes). These are all seemingly small, but together they mark the beginning of an all-new revolution in finance. And it doesn’t stop with the everyday experience with the finance industry, either.

Let us first consider the average consumer’s experience with insurance companies, for example. Insurance companies have historically been notorious for being confusing, time-consuming, daunting, and frustrating, all at once. Now, companies are coming into active effect to bridge the gap and take the pressure of individuals wanting to look into insurance-related inquiries and concerns. Companies like Informeo are literally designed to help you get a handle on your insurance, to help you live a more financially responsible life. And now, thanks to rapid digitalisation in vivid motion, these companies are expanding their reaches exponentially via their websites. The power in digital marvels like the worldwide web is that they present an opportunity for companies and even entire industries to have a global stage for exposure, rather than a mostly (if not solely) local platform. And then there is blockchain as well.

Blockchain is essentially an encrypted virtual network of highways that allow for secure and private transference and storage of information. Initially designed in correlation with the release of cryptocurrencies, blockchain is now used in the financial industry for everything from immediate transfers, the sending and receiving of important financial documentation, and more. Because of the encrypted nature of blockchain, it makes it more difficult than ever- if not seemingly impossible – to hack or change any information being sent, as well as the direction it is being sent to and from. This is an incredible digital innovation that has changed the finance industry from the inside out, and for the better. And it is only just getting started. The finance industry is not without its lessons, but currently it seems to be filled with more exciting innovations than lessons, and that is something to celebrate.

The world we live in is one of our own design. Immersed in waves of our explorations and further advancements of technologies and digital innovations, we are the drivers of this new era we find ourselves living in, the reason it exists at all. Practically every industry has gone through its fair share of innovations and respective challenges because of the nature of this new modern world, and the finance industry is no different. Currently, the finance sector is going through one of its greatest evolutions in history: the rise to meet the digital. Widespread and rapidly paced digitalisation is the aim of the game these days, and the finance world is rising to meet the challenge, and even to exceed it. Digitising an entire industry is no easy feat. In the case of this, the finance industry, it is a process that has been ongoing for months, and is still even now. Taking facets of the financial industry online has taken time and practice, and for now it is a process that continues. The future for finance is brighter than ever – and digitalisation is to thank.