Category: Story

Blockchain: How it Affects Legal Liability

The blockchain is seen by some people as a revolutionary or disruptive development in the field of financial technology today. For some people in this industry, these digital ledgers are viewed as a gateway or foundation to more innovations in the field. While the consensus is still out on what this recordkeeping system means in the world of Fintech, there is no denying that it helped in the rise of Bitcoin and other cryptocurrencies by providing a tamper-free and safe environment for viewing and tracking transactions. This type of technology is certainly a far cry from your average neighborhood bookkeeper or...

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Ridesharing vs. Traditional Taxi

Ever since the rise of ridesharing companies like Uber and Lyft, taxi services have been on the decline. Taxis have been part of the transportation system since the early 17th century in the form of horse-drawn hackney carriage for hire in Paris and London, and from there it developed into a multi-billion industry worldwide. Now, Uber and Lyft have created a competition for taxi companies with their state of the art capabilities and easier accessibility. Taxi companies are trying to fight back by labeling these ridesharing companies as a hazard to the community stating that Uber and Lyft do not have insurance...

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Bitcoin and Its Possible Impact on Insurance

Many technological strides have been made over the last couple of decades. Advancement in technology is becoming faster and faster as each year passes by and many technologies to improve work efficiency, communication, and even financial services are being discovered and used every day. Technology has made the world smaller in a good way; we are now able to talk to family and friends from across the globe without having to spend too much money or wait too long for a reply. International financial transactions have also become more straightforward and hassle-free. One of the significant technological strides in the financial...

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Self-Driving Cars: Liability and Insurance

People have always been excited about new technology. When Apple came out with the first iPhone back in 2007, the world was watching; excited about what the new technology has in store and how it can make life more convenient. True enough, because of the iPhone’s launch, a thousand more other features and advances in technology has taken place. Information has become readily available to anyone with a smartphone and an Internet connection; you might even be reading this article on a smartphone or tablet. The same expectations from people apply to autonomous or self-driving cars. People expect that...

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The interesting things about become a driver in Frasindo Rent

Online Taxi was born from the word “taxi” and “online”. Taxi is a means of transportation in the form of four-wheel vehicles such as cars with various types and types. While the word “online” according to the language dictionary I’ve read means “in the network” or connect to the internet. So the meaning of online taxi is a taxi that can be ordered through the internet network. Taxi is a non-private transport which is generally a sedan and can refer to other public transport other than cars carrying passengers in small capacity. Understanding Online is the state of the...

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