Finance

Finance

What are the challenges of implementing AI in trading?

Incorporating AI into trading strategies offers several potential benefits, such as enhanced efficiency, quicker decision-making, and the capacity to analyze large volumes of data. Nevertheless, integrating AI into trading poses unique challenges that require careful consideration. Data quality and availability...

Finance

Practical Strategies for Stress-Free Tax Filing

Key Takeaways Understanding tax basics and deadlines is crucial for a compliant filing. Choosing the appropriate filing status can maximize refunds and minimize liabilities. Leveraging deductions and credits is key to reducing the overall tax burden. Freelancers and gig workers...

Finance

Impact of DeFi on traditional banking and financial services

DeFi is the disintermediation of financial services. Traditional banks acted as intermediaries, facilitating transactions, lending, and other economic activities. However, DeFi protocols for these intermediaries direct interaction between parties' applications (dApps) and smart contracts. DeFi protocols often charge significantly lower...