All these online trading platforms that emerge on the scene on a daily basis keep talking about gimmicky features. They tell you about huge bonuses and perks for joining them. They talk about loyalty points and what not. However, when you look at their cure features, which are the things most traders want, they are not impressive at all. They like to copy their competitors and offer nothing special. I want to tell you about a special trading platform in this Sure Trade Group review.
I don’t call it special out of bias but because I know that this platform has everything to offer that you would expect as a trader. It does not rely on gimmicky features and bells and whistles to get your attention. It gives you exactly what’s going to help you with trading and what’s going to assist you in becoming a professional trader tomorrow. Know more in his review.
Advanced Platform with Plenty of Assets
You are going to love this platform for how easy it is for you to learn. It takes a new trader no more than a few minutes to learn this platform. In addition to that, the advanced features make it even better. You can use many trading tools on it and look at all the price charts right on the dashboard. It runs on mobile devices, laptops, and desktop computers and is compatible with all major operating systems. You can use from anywhere in the world and make sure you open multiple trading positions on it at any given time. That’s what makes it so amazing.
You can trade so many assets on it. Just to give you an example, in addition to Bitcoin, you have tens of altcoins available for trading when you are on this platform. You can trade instruments from 5 more asset classes and open multiple positions in any of them at any given moment.
Security Features and Banking
When it comes to banking, the first thing you want to find out about the trading platform is the security features. Of course, you don’t want to deposit your funds in the hands of an online platform that does not have any security measures in place. I can assure you that the safety features of this platform are pretty satisfactory. It keeps your funds in segregated funds at regulated banks. It encrypts your data for protection. It has endorsed the use of 2FA authentication for your log-ins. Last but not least, you can’t ignore the fact that this company adheres to the KYC and AML policies.
When a company adheres to these policies, it has to obtain a lot of personal and banking details from you. I can tell you here that giving out these details is quite safe for you. On the other hand, if an online platform lets you trade without asking for any details, you can be sure that they are not adhering to any policies and might even disappear with your money in the future.
A Big Chunk of Profits
So, if you are trading then you get to keep the profit right? If that’s the case, what’s the hype about keeping the profits? Well, what you don’t realize is that if the platform has loose spreads, then you get to spend a lot of your profit in covering those spreads. The spread is like a commission you pay to the broker. You should be happy that this platform has kept its spread very tight. In addition to that, the leverages from Sure Trade Group are quite generous starting from 1:100 and 1:200, and going up to 1:500 for professional traders.
Final Thoughts
I highly recommend that you avoid any platforms that are relying only on gimmicky features to get your attention. A bonus will only be given once, but trading is a lifelong process. You need to pick a platform that offers features you can take advantage of today, tomorrow, and for many years to come.
With many of us returning to the office, it is true that some of us might not have worn work attire for a couple of years. Even on Zoom meetings, wearing a smart shirt with your pyjama shorts would never have been clocked! This means a wardrobe refresh might be long overdue. Here are six top tips for updating your office wear.
Go for quality over quantity
Firstly, remember that your wardrobe does not have to be huge. You can create an effective capsule wardrobe with just a few key pieces that you can mix and match with one another. However, one thing that is essential with a capsule wardrobe is to ensure that everything is of a high quality.
Grab yourself a few high quality shirts for men made from cotton or linen. Then, invest in at least one suit – either black or grey works best, and perhaps some lighter chinos for the warmer summer months. And voila!
Keep it neutral
Try to stick to white, cream, black and grey for your core pieces – even some pastels or navy might work too. This allows you to effectively mix and match between all your pieces. Even if you practically wear the same outfit two days in a row, you will be able to throw on a different blazer or coat to utterly transform the look.
Add pops of colour
Though your core wardrobe should be neutral, this doesn’t mean you need to eliminate colour altogether. There are many ways to introduce colour into your outfits, including ties, shirts, and even patterns.
For example, if you have opted for a grey trouser, how about choosing a pair with a subtle coloured check. You can then pull out this colour as your accessory colour, choosing a matching tie, hairband, necklace, cufflinks, and even socks. You don’t have to go too bright – a small pop of colour is as effective as any.
Don’t forget shoes
Your shoes are another way to add a pop of colour to your outfit. If you are a shoe lover, experiment with different coloured shoes, such as brogues, loafers, or high heels particularly. However, if you like your wardrobe to be less cluttered, simply invest in a couple of pairs of black, brown or nude shoes that will go with every outfit.
Layer up
For women, build up your basic base layers with some blouses and vests. You can then get some cardigans, jumpers, blazers, and waistcoats to layer over your base layer to refresh the look every time.
For men, get yourself some smart t-shirts and shirts. Then, layer upon this with cardigans, jumpers, sweater vests, blazers, waistcoats, or whatever takes your fancy. This will take a simple tee from casual to smart casual in no time.
Accessorise
When done right, accessories can be a real statement piece. Whether it is a belt, tie, cufflinks, watch, handbag, laptop bag, satchel, tie clip, or so on, take the opportunity to inject some personality into your outfit. If you love a pair of novelty socks – go for it! If your vibe is more professional and sophisticated, you might even opt for a pocket square.
And there you have it – six simple rules for refreshing your office attire, for both men and women alike, giving you that helping hand to acclimatising back into office life.
SMEs account for 61% of employment and 52% of turnover for British businesses
Gaurav Singh, founder of the leading investment banking platform, JPIN, discusses the importance of SME growth for the future of UK economic stability
Last month, Labour launched a review of business startup funding, with an aim to make Britain ‘the best place in the world to start and grow a business’ – a sentiment echoed by ex-Chancellor, Rishi Sunak, during the Conservative leadership debate over the weekend. Despite a sharp sell-off in the market this year – amidst an ongoing war, global energy shortages and soaring inflation – SME productivity remains a beacon of hope for Britain’s declining economy. SMEs are crucial to shaping the UK economy, with a combined turnover of £2.3 trillion in 2021. This arena accounted for 61% of employment and 52% of turnover last year. However, Gaurav Singh, founder of leading investment banking platform, JPIN, explains that the government must do more than merely encourage the growth of the UK’s startup and SME ecosystem. He argues that spending needs to be dialled up alongside a significant reduction of bureaucracy.
A new report entitled Access all Areas: Government, found that despite policy ambition to increase SME spending to 25%, over the last five years, the government managed to spend just 10% of its total procurement directed towards this area. Currently, there are 5.5 million SMEs in the UK employing 16 million people – contributing to 99.2% of total UK businesses, according to The Federation of Small Businesses – which means that boosting this sector could lead to significant investment and productivity gains and ultimately, contribute to the long-term health of the economy. Amidst trends of high-growth tech firms listing their shares in New York rather than London, there is an increasing urgency to re-cement Britain as the leading global startup hub. In a world where tech growth plays a vital role in a country’s development, startups are set to serve as a lifeline for Britain’s economic prosperity.
Other routes of investment have risen to prominence in the past decade, helping to alleviate current pressures surrounding startup funding. Institutional investors such as banks, labour unions, insurance companies and pensions, require a longer and more protected due diligence process, which results in greater thresholds for longer investment hold times. Given the general economic uncertainty, family offices are likely to help aid the current market conditions by stepping in with a potentially attractive pool of capital for funds and private deals. With a staggering 42% of family offices, according to research from the UBS Global Family Office, worldwide looking to increase direct private equity allocations, the shift to the deep-pocketed investors from private wealth vehicles is set to prevent VC confidence from declining even further – providing an alternative route to boost investment for startups across Britain.
Gaurav Singh, founder of JPIN, comments on the importance of SME growth for the future of economic stability:
“Labour’s review into business funding to support startups is welcome news, as it highlights the importance of innovation in providing building blocks for the future of the UK economy. It’s great to hear especially given the challenging landscape that’s begun to emerge in the last few months.
“New and growing businesses primarily struggle with receiving funding; however, there are now various options that can help with boosting capital. It appears family offices could also come to the fore to fill investment gaps in the market at a time when valuations are dropping and confidence from some institutional investors is decreasing. This increased activity from a different branch of the investment sphere could provide startups with an injection of much-needed capital which will also help to stimulate the economy during these uncertain times.
“Startups are ultimately crucial to the economy, as countries need tech innovation to stimulate growth. SMEs across the country would benefit hugely from the government spending a higher percentage of its procurement budget on helping these firms. However, in the absence of this, there is still a wealth of options out there that can help fill this gap including institutional and private funding alongside the rising prominence of family offices.”
Over the last few years, the Esport industry has gone from strength to strength, becoming a global phenomenon. There are many factors to the worldwide rise of Esports, including more players, internet speeds have dramatically increased, connectivity has improved, and the prize money for individuals and teams has reached record highs.
There are now an estimated 235 million players, mainly based in Asia, North America, and Europe, playing daily. With so many people playing online and attending live competitions, the big game developers have noticed, and the money has followed. Esports has now been officially recognized as a sport like any other in many countries. But how do players and teams make so much money? Where does the money come from? And what lies ahead for Esports?
Esports, Partnerships, And Sponsorship
With the growth of viewership of Esports, players do not have to rely on the winnings they make each year. The better players and teams can sign very lucrative sponsorship deals that now make up the majority of their income. Brands have recognized how Esports can help to give their products and services reach the desired market. Hardware and electronics companies account for approximately half of all Esport revenue generated.
In 2020 alone, sponsorship reached $540 million; in 2021, the figure rose by $100 million to $640 million. That figure has been growing exponentially year on year and shows no sign of slowing in 2022. Considering sponsorship numbers, gamers’ closest source of income is the sale of media rights, which raised $192 million in 2021.
Winning Tournaments
One of the most significant revenue streams is winning tournaments. The events are either played at the organizer’s choice of venue or live on the internet. In 2019 the Fortnite World Cup saw the winner, Bugha, take home $3 million, the majority of which went to his team, LA-based Sentinals. Many teams do not take money from the players and are happy with the publicity, which can help generate new lucrative sponsorship deals.
The largest ever pot made available for an event was in 2021, held in Romania. A staggering $40 million was at stake for the winners of the Dota2 tournament. Ultimately Team Spirit from Japan won the 1st prize of $18.2 million, with French team Paris St Germain Esports taking home $5.2 million. Not many sports have anything close to those dollar figures; you would be lucky to win that much playing blackjack in any casino.
Merchandise
Selling merchandise is another good source of income for Esports teams. Just like fans of any other sport, the fans want to feel part of the team. Household names in the industry like Cloud 9 can make tens of thousands of dollars, primarily when large tournaments are being held. The merchandise is usually T-shirts or baseball caps; they are cheap to make and can be sold for a healthy profit.
Crowd-Funding Events
Crowd-funded events are widespread in Esports. The competitions generally offer less money than corporation-sponsored events but are still a good source of income for teams and individuals. One of the reasons that the events are so popular is the Esport community organizes them. This allows them to create an event based on what the teams and players want.
While many agree that these events are incredibly beneficial to the Esports community, the question remains why are the big developers like Nintendo not putting more back into the Esports when they make so much from the sale of consoles, merchandise, and games? That they manufacture each year.
What is the Future of Esports?
Nobody could argue that Esports are here to stay. With the popularity of Esport growing every year and even now getting TV coverage internationally, the future looks very bright for Esports. If Esports continues to take the model of traditional sports and continue to make as much money from sponsors and now streaming deals, it is hard to see anything slowing down anytime soon. With Esports now being recognized as a legitimate sport, many young athletes will have to choose between playing traditional physical sports that may earn them a scholarship with a prestigious college or becoming an Esport professional. Not everybody can get a sponsorship with a major player in the industry or be invited to join a team.
Amidst the biggest funding drop in 10 years, startups with high cash burn are fighting to stay afloat
Claire Trachet, CEO & founder of business advisory, Trachet, outlines the various avenues that startups can take in the absence of funding
As economic uncertainty continues to plague markets across the world, new data from CB insights has revealed that there was a staggering 23% drop in funding for startups in Q2 compared to the previous quarter. With just $108.5 billion invested across 7,651 deals, this marks the biggest drop seen in 10 years. Now, late-stage startups with high cash burn are struggling to stay afloat in the absence of funding, and Claire Trachet, CEO and founder of Trachet – a leading business advisory helping entrepreneurs accelerate growth – highlights the option of an exit for firms in this position and suggests there could be a flurry of M&A activity towards the end of 2022.
Despite global funding having plummeted, a high-inflationary environment means that there is still a wealth of private investors looking for places to park their cash. This is evident as data from PwC has found that the number of M&A has remained strong this year, with further analysis from the company highlighting that deals done during times of economic downturn often provide buyers with better returns. Valuations have been slashed across the board, and although this may result in founders getting far less than they would like in any potential deal, it may mean they attract interest from dealmakers that would otherwise overlook them.
Ultimately, this may be the only option many startups have in the current climate. However, in order for a deal to go smoothly, financial advisors are key in helping to facilitate the process and gain the best terms for the firm involved. According to data from Deloitte, nearly two-thirds (63%) of businesses report that the success of their M&A was moderately or highly dependent on a successful transformation – often led by a senior level and external advisor. In order for startups to take advantage of the exit opportunities, Claire Trachet outlines the importance of bringing an experienced CFO or COO – in an interim capacity – to implement transformational changes to working capital, reorganisation, increasing cost reduction, and legal entity restructuring to secure the best deal possible.
Claire Trachet, CEO of Trachet, comments on the the shift in mentality that has driven the sharp increase of entrepreneurs in the UK:
“Venture capital tends to work as a reactive market, each startup depends on the next stage (either a subsequent round of financing or an exit) for their short-term success – usually every 16 – 18 months. The startup ecosystem has enjoyed a generation of businesses that have only experienced a bull market, where funds and good terms have been widely available. As the world enters a bear market, it is the late-stage startups with a negative cash flow (a lot of them) and that have raised money at high prices, that are going to be the most compromised – the well of free money has dried up.
“We’re entering uncharted territory, forcing a conversation across all management teams will help create communication and agility. Startups would benefit from having a process in place for sudden changes within their immediate competition, industry, or the global economy. It’s important amidst these challenging times to assess end goals – perhaps in light of what’s happening, a better course of action may be to consider an exit, or conversely there may be another company worth acquiring to fortify and expand existing operations.
“Then startups should focus on extending the runway, so to speak – be diligent with the business’s working capital by optimising cash flow, review the contracts you have with your clients and minimise accounts receivable. Applying this mentality to the whole of the organisation is going to be key in the next year, whether you’re entering a fundraising round or considering an exit, ideally startups should be doing both.”
Claire Trachet, CEO of Trachet, is also available to discuss:
The challenges that founders will face in trying to scale up over the next 18 months
The evolving nature of the start-up arena for the UK
Her experience in providing proper structure to scale-ups looking to finance or exit
Increasing the size of your social network is of the utmost significance. If your Facebook business page had more likes, more people would notice and interact with your content. When more individuals participated in an activity, a more significant number of people outside the original group also saw your posts.
Although Facebook has billions of users, getting likes on your business page is not as easy as it seems. Because people don’t usually concentrate on the post with several likes, making it is hard for you to get your kick-start. However, you can buy Facebook likes from different websites to give yourself a start. But if you don’t know where to buy Facebook likes in Australia, don’t worry. In this article, you’ll find the best site to buy Facebook likes Australia and everything you should know about it. Let’s get started!
Buying Facebook likes from IamFamous is your best and most trustworthy choice. IamFamous is a website that provides high-quality services to increase your internet presence on social media and make your company seem trustworthy and world-famous.
IamFamous will offer you likes from Australian people on your Facebook Post Likes, which will remain on your page indefinitely. Buy genuine Australian Facebook Post Like from IamFamous to promote your Facebook posts and get more people involved. They also offer services for Instagram. You can acquire Instagram followers, likes and views from them.
IamFamous is a reliable and the most trusted source in Australia to buy Facebook likes, but only that statement is not enough to convince users to buy from us. Some more reasons to come to us for buying Facebook likes are:
24/7 Customer Support
Their technical staff is available 24/7 to respond to your questions and resolve any difficulties as quickly as possible. They promise to provide our consumers with the most satisfactory services in town. There are many methods to contact us if you have any questions about our services.
Guaranteed Quick Delivery
Get genuine Facebook likes immediately. Waiting for followers and likes on Facebook is a waste of time. IamFamous is always ready to provide you with our most satisfactory services in under a minute.
Keep Your Privacy
They always appreciate their customers’ privacy and do not request their passwords. They need to confirm that the customer’s account is not changed to private. They never share your details with other websites.
Offer Organic Likes
At IamFamous, they use safe and genuine methods to grow your Facebook likes. Unlike bots and fake Facebook likes, they guarantee to give real and active Facebook likes that will connect with you and participate with your posts.
Benefits of Buying Facebook Likes
Wondering what benefits you would get when you buy Facebook likes in Australia? There are many benefits of buying likes for Facebook, including:
Better Marketing:
The advertising infrastructure on Facebook keeps track of every Like action. Brands that utilize this platform may use this data to create more highly targeted advertisements and make more money from social media. It implies that retailers may increase the relevancy of their advertisements.
Better Insights:
Every Facebook Page has an analytics module named Insights. It offers precise information about fan behavior on the page and demographic data such as gender, age, and geographic area, which may be helpful for market research.
Affinity Statement:
A Like is an informal affinity statement. It shows that the visitor is interested in your company and wants to hear from you. It’s comparable to signing up to get email updates. It may lead to the development of more intimate ties with clients and a higher level of engagement with them.
More Engagement:
People who click the Facebook Like icon are “more involved, active, and committed than the typical Facebook user,” according to Facebook. According to Facebook, the typical “Liker” has 2.4 times the number of friends as a regular user and is also more willing to investigate information discovered on Facebook. According to Facebook, Likers engage on 5.3x more links to other sites than the average user.
How to Get More Facebook Likes Australia?
Two strategies to increase your Facebook likes are growing your reach and improving your interaction. However, the two often coexist. Here are some ideas for increasing your reach and engagement:
Understand Your Audience’s Interest
To create content your audience will connect to, and you must first learn about their preferences. Making judgments based on facts from your environment can help you create more liked content. Fortunately, several tools are available to assist you in analyzing your data. You may get data from Meta’s social media platforms using Facebook’s official analytics product, Business Manager.
Keep Up with Facebook Trends
You will draw greater attention when you keep up with current trends. Facebook users want to see content that is relevant to them. Facebook Reels are the platform’s fastest-growing format, and Facebook pushes them pretty much everywhere. Use the growth of Reels to increase the number of likes on your brief video content.
Pin A Post to Your Profile
When you bookmark a famous Facebook post, you increase its exposure. It allows a post with a lot of likes to obtain even more. Monte Cook Games, for instance, pinned their most recent Kickstarter campaign to increase its awareness. The snowball effect occurs when more people view the message, raising their profile on both platforms.
Facts about Fake Facebook Likes [Are They Still Matter in 2022?]
Some social media marketers are obsessed with getting more Facebook likes. They believe that more Facebook likes would cure all world issues. However, because of the introduction of the Facebook news feed algorithm, those who like your brand’s page may never view your content naturally. And with each algorithm change, this seems to grow more likely.
Does Not Generate Revenue
According to one survey, just 1% of Facebook users who like a business will visit that business’s, Facebook Page. Because Facebook users invest almost all of their attention on the news feed, relying on page likes to generate business outcomes is a bad idea – it’s the same as being fascinated with a vehicle that can’t transport you anywhere.
The truth is that you may invest in creating the world’s most exemplary brand page, but statistically, neither of the Facebook Page likes you will correspond to income. The path from liking a brand Page to buying a product is lengthy, winding with many twists and turns. Given the various options to target customers on Facebook, a Page is the least meaningful of those twists and turns.
Does Not Guarantee More Engagement
Likes on Facebook accumulate like gold medals for Michael Phelps. A Facebook user may easily like your page. Still, they are significantly less likely to view the information you uploaded, let alone engage with it and visit your company’s Facebook page.
Facebook followers have a limited ability to increase business. But, if they do, the caliber of their customers is in doubt. Believe it or not, not all fans or likes are valuable. When Eat24 notoriously closed its Facebook profile, it effectively removed 70,000 followers from the company’s digital presence. They determined it was “the best marketing move we did all year” the week they canceled the Facebook page.
Conclusion
The top social media platforms used to market brands and products are Facebook. People tend to start their business with social media platforms like Facebook to gain recognition. However, users don’t trust brands with a small number of engagements. To get rid of this issue, you can head to IamFamous, the best site to buy Facebook likes Australia, for your Facebook growth.
It’s a return to his roots for Michele Tecchia, this forty year old man in the prime of his life, trained in Great Britain, is launching his real estate business in Monaco.
Michele Tecchia was raised in the United Kingdom before moving to the United States and later to Monaco to practice his skills. Michele currently resides in the principality and has invested in real estate in the UK, France, and Monaco. Michele has engaged in all kinds of commercial projects from ground-up development to value add and currently has $10 million in several investments. His career kicked off as a salesman in the photocopier industry, where he marketed for various applications and later moved to the market for Xerox copiers.
Michele Tecchia gradually upgraded to more integrated applications like the white and black printers to full colors. He established himself as a renowned marketer for printing solutions. This made him walk up the ladder to production processes in Asia for the machines.
In 2008 and 2009, he traveled back and forth to China every two weeks. In an interview, he stated that traveling for 13 hours every two weeks to Bejin made him worn out, and he decided to tap into new ventures that would make him travel less. He further pointed out that although it lacked the technology pace, real estate was the business idea he found lucrative and had fewer associated risks.
Michele Tecchia: “Real estate is location independent and offers a lot of freedom and choice.”
In reply to whether real estate requires hard work, he answered, “having a lot of freedom and a lot of choices does not mean that I don’t work hard. At this point in my life, I am working harder than at any other time. But that is always a choice. So you know, no one in my backyard with a whip pushing me to work hard. It is all entirely upon me. This is always a path for an entrepreneur; you will only succeed if you are self-driven. You will do what it takes to fulfill your commitment to folks, which is my character and makeup. I work hard not because I have to.”
Michele was born in 1971 in the principality where he grew up. When he was 16, his parents divorced, forcing him to live between his principality and London. Michele has two kids whom he spent time with when not working. He speaks French and English fluently and enjoys practicing triathlon as his hobby.
Monaco’s history by Michele Tecchia
Money games
Monaco became a principality in 1848 after the communes Menton and Roquebrune seceded. During the 19th century, it was a small town famous for prohibiting Gambling. A businessman Francois Blanc who had made a fortune in the heart of a German spa in Gambling had an interest in Monaco, so in the 1960s, he invested a casino. Charles the third, the prince, then had a strong relationship with Francois Blanc, so he allowed him to build the casino. Michele Tecchia described the casino as “a magnet attracting many fortunes.”
The development of land
Prince Rainier inherited the throne at a time when the land was scarce. Due to the casino’s success, many luxury facilities, hotels, villas, and businesses have been established for eye-catching tax reasons. Thus, urban planning for the principality was developed.
With the great architectural and urban models during the “trente glorieuses,” nothing was impossible. Michele Tecchia explains that during that time, magnificent seaside resorts, including the La Grande-Motte, were constructed on the French Mediterranean Coast. “the pyramids along the sea stand 100 meters high and the enormous towers reach 100 to 150 meters high form the more significant part of the logic real estate of Monaco.
Monaco’s urban planning
The principality is currently the most expensive place worldwide, with a piece of land of a square meter going for 48,000 euros. The world’s most expensive flat was registered in Monaco, earning 300 million euros. However, the city is the world’s most densely populated, having per square kilometer 37,000 inhabitants compared to 20,000 that of Paris.
Urban planning in three dimensions
The city is expanding its territories in the sky, underground, and sea to meet the very dense population. Professions explained that land in Monaco is rare and that one must create or look for it. The city is looking to capitalize the basements to accommodate parking, waste treatment, and water management. Building on basements allows for more green space, accommodating 20% of the city compared to 9% of Paris.
Michele Tecchia: “Monaco is not only an attractive tax system. But…”
The city exempts Monegasques, residents, and companies from paying taxes. Either there is no wealth tax. The city generates a significant part of its revenue from real estate. Michele Tecchia explains that the city forms a base of billionaires who come to invest heavily in real estate. The revenue collected from VAT sale of new villas or flats and transfer duties on the sale of flats goes to the state expenditure.
Administrative planning
The principality is split into four sections (quartiers): The central residential and tourist district of Monte Carlo, with the casino in the east; Monaco-Ville, the historic city perched atop a rocky outcrop jutting into the Mediterranean; La Condamine, the northwest region, containing the port area; and Fontvieille, a recently developed area that was reclaimed from the sea.
The La Condamine quartier is separated into four more sections: La Condamine proper (the port area), the Jardin Exotique, Les Revoires, Moneghetti, and La Colle, located on the western edge of the Cap d’Ail neighborhood. Several neighborhoods are split up into the Monte Carlo quartier: Monte Carlo proper (the casino and resort area); Saint Roman/Tenao on the northeast corner; Larvotto, a beach region to the east of the principality; and the center.
Security, privacy and regulatory compliance are the key factors driving uptake of cloud fax in healthcare
Monday 18 July 2022 – Cloud-based fax is playing an essential role in the day-to-day transmission of sensitive and confidential information across multiple sectors – including healthcare – thanks to its high levels of security and privacy, together with the need by organisations to be fully compliant with a range of data regulations, according to a survey of 1000 senior IT and business decision makers in the UK and Europe by eFax, the global provider of digital fax services.
The poll of senior executives in large enterprises, small to medium-sized businesses (SMEs) and public sector organisations found that 62 percent of healthcare organisations surveyed identified security as critical to their decision to migrate to cloud-based fax systems, with 21 percent describing the technology as “extremely” secure.
Among fax users in healthcare, 37 percent use cloud-based fax systems, while 21 percent use a combination of cloud and traditional faxing. 17 percent remain wedded to the traditional fax machine.
At the same time, 42 percent of healthcare organisations surveyed said they send and receive confidential documents via password protected emails. 25 percent said they use email encrypted software.
Commenting on the survey findings, Scott Wilson, Vice President of Sales and Service at eFax, said, “Despite being more than 40 years old, fax technology continues to be used by the healthcare sector for the transmission of important documents, such as Electronic Health Records (EHRs) containing patients’ medical records, test results, X-Rays and other scans.
“Patient information is increasingly digitalised. People also want direct access to their health records, which is why Electronic Health Records are so important. The question for healthcare providers is how to send and receive these records in a way that is safe and secure,” he continued.
“It’s clear that email is the established and widely accepted format for most communications, but it’s flawed and vulnerable to interception and hacking,” explained Wilson. “Cloud faxing is more secure than email – not least because fax infrastructure has limited exposure to the internet and internet connected devices.”
eFax identified the following factors as the reasons for faxing’s ongoing value and importance to healthcare organisations:
Security – Data security and privacy relating to patient records is a serious responsibility for every healthcare provider, especially at a time when cyber criminals are targeting the healthcare sector. Healthcare organisations need to use highly secure communications systems that are not vulnerable to internal and external attack, including ransomware threats.
Privacy – The misuse of confidential medical data is an ongoing concern for patients. As well as being highly secure, fax also ensures that any record or document that is sent is accurately date- and time- stamped and therefore auditable.
Regulation In the European Union, the General Data Protection Regulation (GDPR)’s privacy laws and human rights protections include the creation and destruction of patient information. To be fully GDPR-compliant, any communications system must ensure that patient information is protected. In the US, the Health Insurance Portability and Accountability Act (HIPAA) sets out clear guidelines to ensure compliance related to the security and management of confidential information. Healthcare professionals must be compliant and ensure that they do not compromise patient information.
Exchange – In Europe, the European Commission (EC) has installed an exchange format for EHRs so that patients can access and exchange their medical records between EU member states. Healthcare providers in Europe therefore need a safe, secure, and compliant communications format for transmitting patient records not just from one hospital to another, but also one country to another.
eFax shares the findings of the study for the healthcare sector in a new downloadable ebook entitled, “The secret life of the fax – Healthcare”, which is available to download from the eFax website here.
The extreme heatwave crisis scorching parts of the UK, Europe, the U.S. and Asia underscores that private finance must be urgently unlocked and mobilised by the financial sector, as politicians continue to skirt the issue.
This is the call-to-arms cry from Nigel Green, the chief executive and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and fintech organisations.
He says: “The consequences of years and years of outrageous inaction from politicians on the climate crisis are now being laid bare.
“The UK’s Met Office has issued its first-ever ‘Red Extreme’ heat alert; the worst heat wave in Europe is causing an avalanche of devastating wildfires across Spain, Portugal, Croatia and France; a heat dome has formed over the southwest and central U.S, smashing temperature records; and almost 90 cities in China are living under heat alerts.
“Data shows heatwaves have been on the rise in recent years, yet governments around the world are either unwilling or unable to funnel the resources necessary to try and tackle the problem head-on.”
He continues: “Trillions of dollars are needed. This is why it is now critical that private money is unlocked and mobilised in the battle to mitigate the worst effects of human-created climate change.
“For this to happen, all sectors within the financial industry need to step-up, including financial advisories, insurance firms, banks, wealth and asset managers, investment companies, fintech groups, banks and auditors.
“If we fail on this, the level of finance will not be available, nor at the pace necessary, to halt the catastrophic effects of global warming.”
The deVere Group CEO’s calls come after he has publicly criticised some within the financial advisory industry who fail to urge clients to invest in Environmental, Social and Governance (ESG) orientated investments.
“I would say to that those in our industry who are looking to weaponize or politicise ESG investing by branding it as ‘woke virtue-signalling’, amongst other things, that they are placing themselves and their companies on the wrong side of history,” he wrote in a column in FT Adviser.
“The so-called ESG backlash is misguided and shallow.”
He goes on to add that clients’ investment strategies would also benefit.
“Funds investing in entities with robust ESG credentials have outperformed their benchmarks over recent years. From a risk management point of view, including these companies in your portfolio is, clearly, a sensible decision to take.”
It’s an issue on which Nigel Green’s been increasingly vocal in recent years. Last year ahead of COP26, deVere Group became one of 18 founding signatories of the UN-backed Net Zero initiative, the international alliance of powerhouse global finance companies that will help accelerate the transition to a net zero financial system.
The deVere CEO concludes: “If mega amounts of private money are not urgently put towards battling climate change – the defining issue of our time – we are doomed to fail.”
Many variables influence the final form of IGF-1 that is synthesized. Several factors influence the splicing and production of IGF-1, including age, testosterone, growth hormone, and other developmental factors. According to recent research, the expression of IGF-1 isoforms is strongly influenced by age. Class 1Ea is preferentially expressed in young males, whereas class 2Ea is preferentially expressed in older males, both statistically and physiologically. However, it provides an experimental beginning point for a better knowledge of the aging process in terms of evident indicators of aging. Although additional study is needed, there is some speculation that MGF supplementation may be able to counteract the muscle-diminishing effects of aging.
Inflammation and the Mechano-Growth Factor
Inflammatory cells and their specific signaling chemicals are involved in muscle cell regeneration. According to this study, macrophages seem to be the principal makers of MGF in the context of muscle cell inflammation. As well as having anti-inflammatory properties, IGF-1Ea (MGF) also extends the lifespan of macrophages. According to some researchers, exogenous MGF treatment may increase muscle cell repair rates by influencing macrophages.
Research on MGF, Muscle Development, and Exercise Performance
MGF’s activation of muscle stem cells has been proven to enhance muscle growth and repair (called satellite cells). After only three weeks of intramuscular injections of MGF, studies in mice demonstrate a 25% increase in muscle fiber size. Peptides are thought to be valuable in the treatment of muscle-wasting illnesses and in enhancing the benefits of exercise. If that suggestion seems out of place from stolid experts, it is because muscle mass is critical to normal metabolic function. Increasing muscle mass has long been considered a beneficial strategy when it comes to enhancing metabolism and weight reduction. Increased lean body mass can be achieved with even modest exercise, which might be one component of a multi-faceted strategy to combat obesity and the plethora of health problems associated with being overweight.
Cartilage and Mechano-Growth
Osteoarthritis and other inflammatory diseases may cause damage to the cartilage in the joints (e.g., rheumatoid arthritis). Unfortunately, cartilage does not repair efficiently due to a lack of blood flow and a shortage of essential stem cells for significant regeneration. There is some evidence that MGF may be able to overcome some of the intrinsic limits of cartilage regeneration, however.
The Role of MGF in Brain and Neuron Health
As far back as 2010, studies indicated that MGF was present in the developing brains of mice and that it had neuroprotective benefits. The overexpression of MGF in brain areas where neuron regeneration occurs has been shown in subsequent research in mouse models. It has been shown that the peptide protects neurons in the ALS animal model for the first time. Treating ALS patients with MGF decreases the progression of muscular weakening and slows the death of motor neurons. MGF protects neurons better than any other IGF-1 isoform in the context of ALS, and it has been detected in adult brains rebuilding after global ischemia. For the time being, there is some optimism that MGF may be utilized to treat ALS and prevent the death of motor neurons.
Cells of the Heart and Mechano-Growth Factor
MGF protects heart muscle against ischemia in animal models of acute myocardial infarction (heart attack). Studies show that injections of MGF reduce cardiomyocyte damage by 35% and provide significant benefits after a heart attack. Until now, there have been just a few therapies that may lessen the effects of a heart attack while it is occurring. Unless a stent is inserted or clot-busting medicines are administered, little can be done in the immediate aftermath of a heart attack. Instead, most treatments aim to prevent injured tissue and restore function as much as feasible. Buy MGF peptide if you are a researcher interested in further studying this peptide.
Bitcoin 
Ethereum 
XRP 
Tether 
BNB 
Solana 
USDC 
TRON 
Lido Staked Ether 
Cardano 
Avalanche 
Toncoin