Jeff Yastine Reveals Surprising New Tech Sector

Jeff Yastine spent many years as a senior correspondent and anchor for PBS Nightly Business Report. That kept at the center of changes in the business world. He is now the editor of the Banyan Hill financial newsletter Total Wealth Insider, so he continues to remain in close touch with the most important and power business and economic trends of the day. He reports these to his readers long before the mainstream business press hears about them. View Jeff Yastine’s profile at LinkedIn.

And now Jeff Yastine has found a new, emerging sector of the high tech industry that is, not so many, dramatic or exciting. It gets no attention from mainstream journalists because it’s not a hot, interesting topic. In fact, it’s sort of “boring.” But it’s important, even vital. Without it, companies would run the risk of achieving their business goals, but then being shut down or fined by the government or even having executives thrown into jail.

President Trump promised to “drain the swamp” of business regulations. And he has eliminated some of them. But it’s impossible for anybody to totally deregulate business. That’s why it’s essential all companies operate with the law, especially highly regulated industries such as financial and healthcare companies. The price of failure is high, but the regulations continue to grow at what seems an exponential rate. Read this article at stockgumshoe.com to know more about Jeff Yastine

To keep every company in America from having to hire their own team of dedicated lawyers, some 80 companies have emerged as the leaders in the field of regulatory technology, or “regtech.” These companies specialize in keeping up with changes in the law, required regulations and paperwork the government requires other businesses to follow. Traditionally, businesses have done this in-house or, when necessary, hired business lawyers. But government regulation has grown so vast the cost of keeping up with it is prohibitive for many smaller companies. It is an onerous burden even for law firms. Therefore, it’s less expensive to outsource the cost of keeping up with the regulations to a firm that specializes in it. That firm can make a profit because they sell their services to multiple companies within the same market niche.

Jeff Yastine is always on the lookout for outstanding investment opportunities for the readers of his newsletter. He specializes in finding value stocks due to make shareholders wealthy by going up in price. As a financial journalist he covered a wide variety of business and financial topics, from how foreign investment has changed Cuba’s economy to the financial impact of Hurricane Katrina. Visit:https://banyanhill.com/expert/jeff-yastine/

 

Ted Bauman Explains the Biggest Problem of Bitcoin

Bitcoin saw a greater surge in 2017, and the rally of it gave significant attention and benefits to other cryptocurrencies as well. While Bitcoin produced excellent returns to the investors, Ted Bauman, famous investment consultant, thinks a major problem may limit the advances of the cryptocurrency further into the mainstream. It is none other than the scalability of bitcoin, and the inability of it to produce a large number of transactions is short a span of time efficiently may become one of the biggest barriers to making it widely popular. Through his investment newsletter, The Bauman Letter, he said that while bitcoin is getting increased acceptance, there are some pitfalls can also be expected.

The slow processing speed of bitcoin can make its popularity down as it is generally found to take more than 20 minutes to complete a transaction. Similarly, processing capabilities of bitcoin also significantly low compared to credit cards. Visa network processes over 20,000 transactions per second, and this is highly significant during busy periods. Also, those transactions are completed almost instantaneously. Compared to this, bitcoin completes only six to seven transactions per second, and the average cycle time of the transaction is above 10 minutes. During busy hours, it takes 40 minutes to 1 hour to complete a transaction.

Interestingly, Bauman gave a wonderful solution to address the issue of bitcoin transactions. He says that either by increasing the size of data blocks of bitcoin or lowering the amount of data generated in each mining block, people can improve the scalability of bitcoin transactions significantly. Bauman continued that a technology named SegWit2x was thought to integrate to the cryptocurrency which reduces the amount of data per transaction by transferring each bitcoin block into an extended block. However, the community leaders of bitcoin decided to opt out the system due to the security issues associated with it. Ted Bauman says that increasing the scalability of the bitcoin should be the top priority of the community leaders.

Ted Bauman is a highly popular financial journalist and investment advisor who is known for providing low-risk investment strategies. He joined the investment publishing firm, Banyan Hill Publishing, in the year 2013. Bauman also has experience in working in the nonprofit sector as he served as a fund manager for some low-cost housing projects in South Africa. He is considered as an expert in a number of areas including urban planning and development, housing, finance, and more and served a number of prestigious clients including the United Nations, South African government, the World Bank, and more. Learn more:https://seekingalpha.com/user/48547799/comments

 

 

Jeff Yastine On Emerging Regtechs And Cutting Regulatory Costs

Jeff Yastine, currently posting as an editor for the Total Wealth Insider, revealed the latest innovation in the tech industry. He has been posting at Banyan Hill Publishing since 2015, offering expert advice on business and latest technologies. He focuses his work on the opportunities of making money, sharing his findings with the readers along the way.

Yastine, standing in the belief that stagnation is the enemy of progress, had something to say about the way in which technology changes in the modern era. As Jeff Yastine states, additional rules are the most frequent form of change in the industry and business. Though necessary, frequent changes in regulations bring additional costs to business owners. Unless companies employ the regulatory technology, or so-called “regtech”, the changes could drag the organization’s stock to the bottom.

As Jeff Yastine explains, Regtech is a smart way in which companies use the cutting-edge software, the artificial intelligence and the blockchain technology to cut down regulatory costs. The approach is mostly used by industries that face frequent regulations, such as insurance and banking. To cut regulatory costs, these industries employ latest technologies, also known as “emerging regtechs”. These technologies come from the companies that are dedicated to producing solutions specifically for these industries, with the goal of increasing their profits.

.A global management consulting firm Bain & Co., recently acknowledged 80 companies that qualify as “emerging regtechs”. The majority of these companies have recently been founded, and have names that are relatively unknown. But, they are certain to grow and progress, giving their investors an opportunity to profit from their growth. The work of these companies is valuable since it has been reported that international banks have been spending close to $70 billion to ensure that all the regulations are being followed, and the amount is expected to grow to $120 billion.

But, why fulfilling all of these regulations so complex? To paint an example, the banking industry always requires their clients to fill out an astonishingly large amount of paperwork. This paperwork is based on current regulations. Each time that the regulations change, banks need to adjust their business practices to these changes. It is natural that this brings costs. While this effort can cost a bank up to $10 million yearly, a regtech specialist can cut these costs to $300000. Read more:https://plus.google.com/+JeffYastine