The recent cryptocurrency crash might have been painful for a lot of investors. Approximately $200 billion was wiped out from the cryptocurrency markets. What caused the crash and what should the investors expect going forward? Until recently the federal reserves believed that the high inflation that we have been experiencing was transitory meaning that it was eventually fade away, however in their recent meeting in December, Jerome Powell, the federal reserve chairman admitted that the inflation is not transitory and we could even see inflation levels higher than expected. This has triggered the federal reserve to think about raising the rates earlier than expected, just last year in March the federal reserve pledged not to raise the rates until 2024. For individuals who do not know why the increase or decrease in rates impact the markets, let me explain. Raising rates means increased cost of borrowing, for individuals who have a housing mortgage or a credit card loan or any sort of l
Imagine this, you just landed after a long and tiring flight and make your way towards baggage collection. You wait tirelessly while the other passengers find their bags and make their way to the exit. As time passes, the thought that the airline might have misplaced your baggage kicks in, not a good feeling to have right? I am sure many of you have been in this situation. What if there was a way for you and the airline to track your baggage in real time? Would save everyone the hassle of lost baggage right? XYO does just that!!! XYO's website describes XYO as a "Network of devices that anonymously collects and validates geospatial data or data with a geographic component" XYO's application could be leveraged by multiple industries .e.g. airline industry, car rental, hospital, e-commerce etc (you can read about the use case of these industries on XYO's website: https://xyo.network/case-studies/) This all sounds great, but how does the XYO network collect and vali