Ransomware is a type of malware (malicious software) that may present itself in a few different ways, affecting individual systems as well as networks of businesses, hospitals, airports, and government agencies.

In 2008, the financial crisis shook the global economy. Now ten years later, people are wondering how the rules have changed, and more importantly, how this type of economic crisis can be avoided in the future.

Proof of Stake is a popular, alternative consensus mechanism to Proof of Work. Instead of needing computing power to validate transactions, validators must stake coins. This fact drastically reduces the energy consumption needed. Proof of Stake also improves decentralization, security, and scalability.

In computer science, a peer-to-peer (P2P) network consists of a group of devices that collectively store and share files. Each participant (node) acts as an individual peer. Typically, all nodes have equal power and perform the same tasks.

When you’re prompted to update your digital banking app on your smartphone, you probably don’t even think twice. Maybe your phone auto-updates without you even noticing. It’s a necessary process, after all – if you don’t install the latest version of the software, you run the risk of being denied access to its services.

The economy makes the world go round. It deeply affects each of us in our daily lives, so it’s certainly something worth understanding, even at a high level.

In short, financial risk is the risk of losing money or valuable assets. In the context of financial markets, we may define risk as the amount of money one can lose when trading or investing. So, the risk is not the actual loss, but what can be eventually lost.