Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

Sonar Aims to Help Solve Gender Inequality of Access in Crypto

Published

on

Reading Time: 3 minutes

Marsaskala, Malta–(Newsfile Corp. – December 23, 2021) – Sonar aims to help solve gender inequality of access in crypto. According to the CNBC Invest in You: Next Gen Investor poll, males currently invest twice as much in cryptocurrencies as women (16 % of men vs. 7% of women). Access to information may have become a privilege that can cause a disproportionate distribution of wealth across genders. Additionally, cryptocurrency and its younger Decentralized Finance counterpart have their own barriers against access.

Sonar

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8372/108452_7de6e0ff142258d1_001full.jpg

For example, the steep learning curve requires access to a number of tools and exceptional levels of information to navigate. Furthermore, cryptocurrency might be a revolutionary financial disruptor, but still suffers from a problem that has its roots spread over many centuries: a patriarchal hierarchy that features an insufficient number of women. It has been argued that women lack investment confidence, but in reality their portfolios continue to surpass those of men by 40 basis points. Alternatively it is suggested they trade less because of their inherent risk aversion, however, this biological determinism is not supported by actual research.

Women are instead believed to make fewer transactions because they are less prone to overstate their knowledge and skills to win in the market. The true barrier of access therefore is that of exclusionary and discriminatory behaviour by those within the space. Many women have reported to have been treated with a combination of objectification or dismissiveness on the social platforms that support decentralised finance, which made them feel unwilling to attempt to learn more, or the same groups were more willing to educate men about cryptocurrency trading than women.

Women’s Participation in Cryptocurrency is Increasing

Despite these barriers of access, women are slowly increasing their presence in the industry, shown by the fact that female cryptocurrency investors in the United Kingdom have increased by 20% in the last year. As this rate continues to increase, there are additional ways that the space could address gender access and help to balance the scales.

In addition, many cryptocurrency projects champion women in the space, and one, in particular, uses its own system to break down this barrier by the help of education. Sonar.

Sonar is a Decentralized Finance project committed to remove barriers to access cryptocurrency. Its beta platform is due for release in the coming week, and includes an AI news aggregater that will bring information to users directly. Sonar is well known for the numerous tools that make it far easier to enter and navigate the DeFi space.

Lauded for its next-generation cryptocurrency meta-tracking dashboard, Sonar allows individuals to use analytical tools in order to make more informed choices when investing. Created in response to the increasing number of illegitimate projects appearing in the cryptocurrency space, Sonar views its three core values – Transparency, Technology, and Education.

Giving powerful trading tools to the average user on a combined ecosystem, empowers them to make wiser decisions in a simpler and more streamlined way.

Focus on Increase Adoption of the Crypto Space

Sonar also features a perpetually expanding library of educational materials that seeks to provide users with invaluable information about blockchain technology and decentralized finance.

The project aims to increase the adoption of cryptocurrency in economically and geographically disadvantaged spaces, especially catering to the women of those areas and in general. At present, Sonar itself has many females in key positions, which includes the education department, strategy team, and legal counsel.

About Sonar

The Sonar platform is an intelligent tracking and monitoring platform for projects based on BSC and ETH networks. At the center of the dynamic ecosystem, its beta version will define the project’s potential and future growth. Once the beta is launched, it will rapidly add more new intuitive features to enhance the user experience and ease of crypto interaction. Sonar is also aiming to help female crypto enthusiasts receive authentic information before investing, and champions their involvement in the space.

Media Contact

Jacob Camilleri
Email – [email protected]

Website – https://www.sonarplatform.io/

Whitepaper https://www.canva.com/design/DAEggRStH8k/ErZxJ9RjGXLv4JYE2wzqow/view?utm_content=DAEggRStH8k&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink

PR – Cryptoshib.com
Email – [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108452

Powered by WPeMatico

Latest News

QNB Group appoints prominent actor Ahmed Helmy as Brand Ambassador

Published

on

DOHA, Qatar, May 4, 2024 /PRNewswire/ — QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.

The announcement comes in line with the Group’s vision and the values of innovation and excellence reflected by its brand. Ahmed Helmy, one of the most influential artists of his generation in the region and humanitarian and artistic commitment, making him the ideal ambassador to consolidate brand values and contribute to the Group’s efforts to build a better future for all.

In his new role, Ahmed will strengthen the Bank’s image as a leading financial institution committed to providing the best customer experience, attracting a new customer base, supporting the Group’s vision and brand and building customer relationships.

Commenting on the announcement, Ms. Heba Ali Al Tamimi,  Senior Executive Vice President, QNB Group Communications, said: “We are delighted to welcome Ahmed Helmy as our brand ambassador. His exceptional career makes him the right personality to represent our brand. We hope that this collaboration will support QNB Group’s commitment to providing the best innovative solutions and services, reinforcing our position as a leading financial institution, while making a lasting impact in the communities in which we operate and strengthening the QNB’s position as a trusted financial partner in the region.”

This partnership reflects the shared values of Ahmed Helmy with QNB, a banking icon committed to the highest standards of innovation, excellence and success.

QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa. Through its subsidiaries and associate companies, the Group’s presence spans more than 28 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is 30,000, operating from approximately 900 locations, with an ATM network of 5000 machines.     

Photo – https://mma.prnewswire.com/media/2404804/QNB_Group.jpg
Logo – https://mma.prnewswire.com/media/1917328/4687801/QNB_Group_Logo.jpg

QNB Group Logo

Cision View original content:https://www.prnewswire.co.uk/news-releases/qnb-group-appoints-prominent-actor-ahmed-helmy-as-brand-ambassador-302136122.html

Continue Reading

Latest News

REALTY ONE GROUP CELEBRATES 19TH ANNIVERSARY WITH GLOBAL ‘ONE DAY’ OF VOLUNTEERING & GIVING BACK

Published

on

Food Banks, Children, Veterans, Pets and Many More Benefit from the Global Franchisor’s Charitable ONE Day

LAGUNA NIGUEL, Calif., May 3, 2024 /PRNewswire/ — Realty ONE Group International, a modern, purpose-driven lifestyle brand and ONE of the fastest growing franchisors in the world, celebrate its May 1st anniversary – this year marks 19 years – with a day of volunteering and giving back across the globe. The ONE Family of U.S. real estate professionals from coast to coast as well as offices and affiliates in 20 more countries, generously donated thousands of hours on Wednesday helping children, veterans, food banks, pets and so many more.

Being a part of our ONE Family means we are driven to make a positive impact in our communities, helping each other whenever and wherever we can,” said Kuba Jewgieniew, CEO and Founder of Realty ONE Group International. “Giving back is in our DNA because we know that ONE act of kindness can change a life!”

The internet was flooded Wednesday with images of Realty ONE Group agents and entire offices handing out food, repairing homes, collecting backpacks, and serving in so many other ways. In less than 24 hours, with more locations still submitting volunteer impact forms, the franchisor impacted over 334,000 lives and donated more than $60,000 in just this ONE day.

Realty ONE Group’s ONE Cares, the 501(c)3 charitable arm of the organization, drives the ‘Community’ in the franchisor’s 6C’s values which also include Connect, Cares, Coaching, COOLTURE, and Commission. In 2023, the global franchisor transformed more than 200,000 lives.

Realty ONE Group International claimed the No. 1 spot for real estate franchisors for the third year in a row on Entrepreneur’s highly competitive 2024 Franchise 500® list. The only modern, lifestyle brand in the industry now has more than 19,000 real estate professionals in more than 400 locations in 49 U.S. states, Washington D.C. and 20 more countries and territories.

Learn more at www.OwnAOne.com.

About Realty ONE Group International
Realty ONE Group International is one of the fastest growing, modern, purpose-driven lifestyle brands in real estate whose ONE Purpose is to open doors across the globe – ONE home, ONE dream, ONE life at a time. The organization has rapidly grown to more than 19,000 real estate professionals in over 400 locations across 20 countries and territories because of its proven business model, full-service brokerages, dynamic COOLTURE, superior business coaching through ONE University, outstanding support and its proprietary technology, zONE. Realty ONE Group International has been named the number ONE real estate brand by Entrepreneur Magazine for three consecutive years and continues to surge ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.

Logo – https://mma.prnewswire.com/media/260011/realty_one_group___logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/realty-one-group-celebrates-19th-anniversary-with-global-one-day-of-volunteering–giving-back-302135670.html

Continue Reading

Latest News

BIZCLIK MEDIA LAUNCHES MAY EDITION OF FINTECH MAGAZINE

Published

on

The May edition of FinTech Magazine includes an exclusive interview with Old Mutual’s May Govender and TruStage’s Danielle Sesko.

LONDON, May 3, 2024 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has published the latest edition of FinTech Magazine. This publication is a highly regarded voice within the Financial Sector for its in-depth reports and interviews with prominent figures in the industry.

FinTech Magazine

This month’s edition features an extensive lead report with May Govender, Chief Information Officer at Old Mutual, on how cloud migration drives the company’s transformation journey.

“As an insurance organisation, it’s imperative for us to stay abreast of these customer trends and meet their evolving expectations.”

The edition also contains extensive interviews with key thought leaders from Absa Group, TruStage, Woodruff Sawyer and more, and takes a look at the Top 10 digital wallets.

You can visit FinTech Magazine for daily news and analysis of the ever-changing financial industry.

About BizClik

BizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.

BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.

For more information, please visit our website.

View original content:https://www.prnewswire.co.uk/news-releases/bizclik-media-launches-may-edition-of-fintech-magazine-302135661.html

Continue Reading

Trending