Four Ways To Prepare Your Online Business For The Risks Of Crypto-Fraud

Cryptocurrency
As Bitcoin and other cryptocurrency begin to transform into a legitimate payment method, businesses should be prepared for potential scams and exploits on the horizon.

Blockchain technology is a new trend that presents many possibilities. At present, enterprise companies such as Amazon are beginning to make websites featuring blockchain technology and cryptocurrencies in order to get ahead of the competition. Although this new advancement may all be confusing to some, there are a lot of benefits that cryptocurrencies brings to businesses. According to Kinney Fernandez & Boire, specialized car accident attorneys in Tampa who also boast a group of diverse criminal and liability attorneys, blockchain technology presents numerous advantages for businesses:

  • Lower fees for customers – a lot of our current payment systems rely on middlemen such as banks, unions, and money exchange firms. Through the exchange of cryptocurrencies, we can lower the fees we charge to our customer for our products and services.
  • Faster transaction – since the exchange of cryptocurrencies occurs in real time through the blockchain network, there is minimal to no delay of payment.
  • Lesser chance of error – with a centralized recording system that payment agencies have at present, fraud is more likely to occur. However, decentralized systems can easily be verifiable since all units have copies of the actual transactions. So it would be easy to detect which transaction is a fraud or has an error.

However, some scheme-minded groups take advantage of this new technology by offering cryptocurrencies supposedly having value which turn out to be a fraud. That is why some new businesses are hesitant to accept cryptocurrencies as a form of payment while the process is relatively new. How can we protect our business from fraud as we embrace the new blockchain technology? Kinney Fernandez & Boire have cut their teeth as some of the finest slip and fall attorneys in Tampa outlined some tips for us.

Five Tips To Avoid Crypto-Fraud In Your Business

  1. Verify any information about cryptocurrency investments

Some scammers would present you with outrageous information about the cryptocurrency that they are offering. This can come in the form of giving a name of a billionaire or a high-profile investor putting his money on the seemingly obscure cryptocurrency. This is a tactic used to attract potential buyers to get into buying a coin that would eventually have a low value. To avoid this, your business needs to be wary before accepting or investing in any kind of cryptocurrency. Verify information from reputable news sources, and don’t rely on scammy-looking websites that show claims without any evidence. If you feel like it’s a scam, it probably is.

  1. Do not fall for social media marketing

Another thing to look out for before investing in any kind of cryptocurrency for your business is avoiding tips on social media. Commonly, a lot of people fall for advertisements which are only posted on social media, without its own authority domain to back it up. These investments usually utilize the “pump and dump” scheme, which some investors fall for. Once the stock market value of the coin increases, the main scammers trade the cryptocurrency for something else of more value. This leaves the other investors trying to look for trade opportunities before the price in the stock market crashes.

  1. Do not believe guaranteed investments or sure returns

There is one law when it comes to investments, whether traditional or digital – nothing is ever certain. While there are some investments which are worthwhile compared to others, we can’t really say if we can see gains from it tomorrow, or even in the next week. So, if an individual or a company offers you a guaranteed investment solution, it is most likely a scam. Do not fall for this type of offer, as they are most likely trying to entice you for your money.

  1. Serious crypto-investors should have their own cryptocurrency lawyer as well

If your business is serious about having large amounts of crypto-investments, then it would be better for you to have your own cryptocurrency lawyers who have the knowledge, skills, and expertise for the trade. They are also skillful in detecting schemes offered by shady companies. They can be responsible for providing you legal information about topics in cyber investments as well. In the event that fraud occurs during your transactions, a cryptocurrency lawyer can advise you on the appropriate course of action.

Additionally, you can also contact the CFTC if you have been a victim of fraud, or if you need to report suspicious activity. You can reach their hotline at (866) 366-2382 or visit their website at CFTC.gov.

Cryptocurrencies are a great opportunity to help your business grow in the fast-paced digital world. As more and more people invest in digital coins, we can see the trend that businesses will most likely accept these types of currencies as a part of daily transactions. Thus, it is important to protect your business from possible fraudulent acts that may occur.

 


What Are The Benefits Of Testing Software In An Agile Environment?

In the fast-growing world of today where the internet is the centre of many transactions, customers demand to enjoy faster implementation on their software products. This has seen many software companies work in parallel on different of their products to enable fixing of bugs found in versions released with additional features. Doing this without a system that organizes activities might turn out difficult and that is why many of these companies are shifting to the agile methodology of testing. If you are in the software industry, you need to understand why you should embrace agile testing for all your processes. Here are top reasons to consider.

Better collaboration
When you bring together a team of architects, developers, and coders to work closely, it means you create more room for communication and coordination. The entire lifecycle of the development process is overseen by all professionals who take part in structuring of the various parts that make the up final product, so having agile testing provides an ample environment where these professionals can work in sync to provide a quality and error-free product. With collaboration, it is faster to implement the various parts of the process and whenever an error comes up the information is logged showing at which point the problem began, which makes debugging easy.

Faster time to market
Using agile testing methodology also provides for quick releases and faster entrance into the market. Through the incremental and iterative models used, experts minimize the overall duration between test requirements and results validation. The result of this is a faster development and testing process, which means software is released to the market without delays. The method works perfectly on a system where the production line is supplied with many requests from different customers.

Cost efficiency
Another benefit of centralizing software testing through the agile method is that the entire system offers resource utilization and minimizes the total cost incurred in the procurement, maintenance, and set-up of software testing. With everything already set for testing, professionals involved are left with quality of the product to worry about.

Since not many processes are required to be done manually, the overall process delivers a cost-effective mechanism of testing, and this translates to timely release of the software in question. Money that could have been used doing patches and hiring more experts to scrutinize the system is spent perfecting the software, and the fact that there is absolutely no requirement to set up the testing environment it allows the company to shift focus to what really matters.

Improved quality
Working through a testing environment means every part of the software is overseen accurately to ensure no bits are erroneous or designed to subpar quality. Every stage of the testing process is concerned about delivering good results and factual information about the possible errors that might make the software unable to serve its purpose, and due to this keen and real-time scrutiny, one is able to produce high quality software.

Focused alignment
Agile testing operates on the basis of offering instant solutions, and this is possible because testers and developers are brought together in a confined environment that allows them to communicate feedback about the software. Testing metrics are submitted in real-time and any errors that arise are logged immediately to be addressed by the respective group of developers. All the focus is pinned to producing a refined product and this means all parties involved in the development and refinement of the software are invited to oversee the flow of the work, and this joint effort makes it possible to come up with creative and efficient solutions.


Top 5 Digital Trends to Watch in 2017

The digital world is changing fast, which means businesses have to be at their best to experience growth. This rapid change in the industry means business can’t afford to relax if they want to be at par with other players. Here is a list of digital trends to watch to help you remain relevant in 2017.

 

1. E-commerce re-basing

Re-platforming or re-basing is something that is critical for the survival of e-commerce. It is a very common item for businesses and is done with the aim of increasing efficiency hence enhancing competitive advantage vital in the ever-changing digital marketplace.

E-commerce offers business a better solution enabling them to concentrate more on marketing activities than on website maintenance. A business that wants to succeed must stay trendy and picking the best platform to run on is the first step.

 

2. Gamification

Gamification is another digital tool that will be crucial for your business in 2017. This tool can be used to inspire and even motivate people in their workplaces. The technique employs scientific technology to motivate employees through point scoring like in a game, thereby producing a personal challenge.

Rewards for achievement and recognition in this tool can be given in the form of badges and points among others.

 

3. Mobile compatibility

Mobile phones have become so popular and have emerged as important sources of information for many customers. Now and then, people are faced with mobile moments, times when they use their phones to know about something quickly and accurately. It is up to the marketers to ensure that they are reachable to more people during these moments.

Marketers should ensure that they can engage with potential customers one-on-one using mobile tools. Any marketing strategy that is not compatible with the mobile phones may not give the desired results.

 

4. Personalization

Personalization is another tool that businesses should maximize on in 2017. This technique allows you to send different messages to different people based on their individual needs instead of sending the same message to all the people.

Many tools available are enabling businesses to predict the shopping behaviors of their customers based on the previous shopping choices. This makes it easy for personalization to make sure that the right messages are sent to the right people.

 

5. Communication chatbot

Messaging platforms such as Facebook Messenger have conversational tools called bots. A Chatbot is vital as it enhances audio and text communication. Conversational Chatbot enables companies to communicate with their customers easily. As a result, companies are provided with an efficient way to provide customer service.

The tool allows a company to get the feedback on its products from its customers, while the customers have an avenue to file their complaints or confirm details about a product. Every customer wants to associate himself with a company that is there at the hour of need.

Watching digital trends can help you understand the future of your related industry. Martin J. Stallone, an investment management advisor, is one of the managers that have found great inspiration from keeping up with trends.


Embracing qTest Management To Transform Development Procedures

Many technology startups face challenges marketing their products and services, and more to their troubles is the fast evolving technological landscape they have to keep up with. New software solutions are released each day and small companies that lack sufficient resources are not able to match the quick speed at which established companies penetrate into the market.

This does not mean upcoming tech companies cannot achieve growth. What is needed is powerful tools that can help these companies to scale operational efficiency. With an efficient system, it is possible to come up with software that matches with the expectations of the market. One technique that can be applied to help these companies is using qTest management software, which makes the development environment better by introducing new supportive tools

Test analytics and reporting

Software tests reveal the health status of the product and offer an insight into the challenges developers face while designing and developing a system. qTest management software takes care of the entire development process by introducing efficient ways of testing software and reporting results.

The system works through an automated engine that detects defects then sends alerts to the manager of the program with details on the parts of the product that are not developed well. Test analytics make it easy for a small company to learn about the mistakes that are made in the design and development of products, and in return the managers of the project can come up with better ways of developing software that can win a sizable portion of the market.

Project organization and centralization

Order in every project is a vital element that determines whether the software developed will serve the needs of the market fully. Having all parties to the project brought together to form a strong team is a task that cannot be accomplished effectively using manual methods, but with qTest management software, the task can be handled seamlessly and with less resources.

The manager of the project can track the changes made by users to know which person is best suited for various roles. Managing profiles is easy and takes less time because there is data provided about the performance of each profile. Importation of cases can be done using third party software like CSV or Excel to speed up execution of duties. Additionally, the manager of a project can design multiple versions to be used for reference and comparison.

Easily oversee executions

Another benefit that comes with the qTest management tools is the ability to oversee executions. It helps one to transform test case management by coming up with flexible options meant to organize tests.

Reporting is powered by various tools that offer detailed information that should offer one access to results that can come up with run-specific configurations and parameters. The software is easy to use and designed with a powerful algorithm that captures errors automatically. You are notified in real-time to ensure no data is lost while working on a project to produce useful software.