In our hyper-connected digital age, news about self-made teenage millionaires and cryptocurrency trends abound and yet, on the other side of the coin, research shows financial literacy in young Australians is declining.
There’s no denying blockchain is a hot topic, its application tipped as a potential game-changer in accounting, fund transfers, voting and more. While sometimes spoken of in the same breath as bitcoin, the scope of blockchain technology goes far beyond the management of digital currencies.
Despite warnings about Bitcoin’s market volatility and unregulated nature – with detractors such as Warren Buffett dubbing the cryptocurrency “the latest economic bubble” – cryptocurrencies have captured investors’ imaginations.
Buzzwords are an unavoidable part of professional life – the weasel words of the corporate world. Love them or hate them, it pays to understand them.