Prospr

prospr

The Coronavirus, technology and social media influencers like Kim Kardashian have transformed our view of dating. So, what exactly the future of dating? is Technology has transformed the way we meet people and date. From the early days of the internet when chatrooms were rife to today where the swiping culture made famous by Tinder dominates our fast dating culture. Now, the Coronavirus has forced people to adapt to new rules and regulations. While these are keeping people indoors, singles aren’t just meeting online. They are hosting virtual dates on Dating Apps like Bumble or video chat services like Zoom and FaceTime. Several dating apps expressed their anticipation of this trend to carry over after the pandemic ends creating a sudden shift in dating habits and accelerating to change we just dreamed about . Online Dating Is Thriving Actually you might think dating is hard enough even in the best of times. Now, with all the extra government rules and social distancing guidelines because of a highly contagious virus with no vaccine, the search for love would be the last thing on people’s mind. But dating apps have never been more popular. Singles globally are turning to dating apps in record numbers. The Coronavirus has been good for most business in the dating industry when it comes to some numbers. By the end of March and in April, recorded more than 3 billion Swipes on the platform, and conversations soared by 10–30%, the highest level of activities per day in the app’s history. stated that global online dating went up 82% in March this year. announced that their sign-ups have increased by 40–50% during early April and saw a 26% increase in the number of messages sent on its platform. Tinder Dating.com Millionaire dating app Luxy Bumble Dating and Influencers But let’s take a step back. Not only the current development during the short pandemic time has changed dating. It were celebrities and influencers who have paved the way placing online dating in the spotlight. Do you remember the rise of fame of the Kardashians? Now Kim Kardashian has over 170 Million followers on Instagram! Then just look at Kim’s sister Kylie Jenner, who is now the world’s youngest billionaire ever! In just a few years they have become one of the world’s most influential people. So, when the Kardashians were constantly showing off their ever-changing dating partners, this had a huge impact on society. It’s almost become the new ‘in’ lifestyle choice to have this many dating partners… The effect can be seen most notably in today’s youth. Instead of building up courage to ask someone out or asking for their phone number, kids today are DMing each other on Instagram to flirt and arrange a date. The youth are almost using their social accounts as a glorified dating profile where looks matter most and personality takes a back seat. Culture of Change This fast dating culture, where there is a perceived endless amount of options results in everyone being dispensable. Therefore the focus becomes on short-term relationships. There is always the thought that someone better else is just a swipe or message away. This is just like fast fashion where we constantly want the latest clothes, with disregard for the mountains of waste created. Few of us want to put the effort in to figure out how to wear the same pieces year after year and nor do we want to take the effort to truly woo someone, when we can quickly meet lots of people for much lesser effort. Technology and Dating Humans constantly are looking for new ways to do things and as a result technology hasn’t stopped with just fast dating and quick swipes. AI and professionals are hacking dating since many years already. Did you know you could have been talking to a robot the whole time? There is a service called (Virtual Dating Assistant) where professionals take over all the small talk on apps to secure you the date without you even lifting a finger! The professionals get a commission for every date they secure you without the other party ever finding out. But it isn’t illogical to think soon this will all be done by Artificial Intelligence… Maybe the first time the match speaks to a real person will be on that first date!? ViDA Select Impact of Coronavirus to AI and Virtual Dating On the other hand, AI plays already a crucial role in the dating industry. There is whose technology claims to be the lifelong love advisor on our side. Constantly gathering data about ourselves, analyzing it. We would find the perfect partner, having the most suitable location for the first date and would know much more preference about our partner, so we can come up with the perfect gifts. Besides that scenario, there are other AI components already in life use. Do you know that uses AI technology to verify the pictures its users? Viola.ai Dating App Prospr The Coronavirus might just have pressured dating companies to take the next steps faster. While most of them announced within the first week of the lockdown their implementation of video chats, such behavior will just be the beginning. CEO of a newly launched dating app says that despite the pandemic will sooner or later come to an end, “the behavior that singles have adopted by now when hosting a virtual date will stay”. Quarantine Together My friend Liz Z. of New York, and a proud Luxy Dating App user told me: “I already had virtual dates with 3 different people on . While the first time it took me some minutes to get used to it, I love it by now. There are no questions anymore what usually make me nervous like is the impression I have the same as in a real conversation? How are we splitting the check? Does he want to kiss me after the date? Now, I can just focus on us to check if there is capability.” Luxy’s Video Chat FaceMe Not only Luxy’s “FaceMe” was rolled out in no time. Recently launched are also , POF created to livestream with matches, and The League offers , a tool to speed date once a week with other new users. With pioneer Bumble, who offers already since last year, this trend seems to continue, as spokesperson Priti Joshi confirmed: “The week after Trump declared a national emergency, Video Chats rose by 93% and are staying at this level. The average time in these calls is about 30 minutes right now”. Hinge’s “Date from Home” “Live!” “League Live” video chats The future of Dating? So which development comes after the pandemic? If the Coronavirus had one good thing it’s to lower the barriers for online communication. Not only people in their 20s but also singles in their 40s confirmed to find it much easier now to take the chat on a dating app to the next level on FaceTime or others. Head of PR at Luxy, Raffael Krause expressed in an that virtual reality could be widely implemented into dating within the next 20 years. He predicts “Virtual Dates, where all of your five senses get stimulated at once to create a true virtual reality where you actually can hold someone’s hand or steal a kiss, before you meet your date in the actual real world.” This seems no longer just to be an illusion. Maybe we’ll all be wearing headsets dating virtually from our bedrooms. Or maybe a Kardashian will promote a new app and we’ll all be addicted to a dating app controlled by an AI based on the clothes (or lack of) we like to wear. interview of 2019 Whatever will happen, we should not forget that change in technology happens through many factors and not always is an improvement for humanity.

The Future of Dating, Kim Kardashian and AI?

GEORGE TOWN, Cayman Islands, November 15th, 2024/Chainwire/--Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world's leading manufacturer of digital currency mining servers through its brand Antminer. Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app. Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers. About BITMAIN Since its foundation in 2013, BITMAIN is the world's leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company's R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates. About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin's value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter). Contact Prosper contact@prosper-fi.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here GEORGE TOWN, Cayman Islands, November 15th, 2024/Chainwire/--Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world's leading manufacturer of digital currency mining servers through its brand Antminer. Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to come online throughout November via Antpool’s mining pool platform and accessible via Prosper’s v1 web app . v1 web app v1 web app Earlier this quarter, Prosper announced a pivot in its strategic direction to focus on Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an agreement with BITMAIN to enhance execution quality for its miners and $PROS token holders. This also highlights Prosper’s value proposition as the only Web3 Bitcoin mining project that has secured multiple top-notch industry players as key service providers. About BITMAIN Since its foundation in 2013, BITMAIN is the world's leading manufacturer of digital currency mining servers through its brand ANTMINER, which has long maintained a global market share and leading position in technology, serving customers across over 100 countries and regions. The company's R&D center is situated in Singapore, and it has multiple branches and subsidiaries across the globe, including but not limited to Hong Kong, the United States, Malaysia, and the United Arab Emirates. About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin's value layers through bridging institutional-grade Bitcoin mining power on-chain, and unlocking the potential of Bitcoin through liquidity farming. For more information, users can visit prosper-fi.com or follow us on X (formerly Twitter) . Prosper Prosper prosper-fi.com prosper-fi.com X (formerly Twitter) X (formerly Twitter) Contact Prosper contact@prosper-fi.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Prosper Enters Into Long-term Agreement With BITMAIN To Provide Bitcoin Miner Hosting Services

أبرمت شركة Prosper اتفاقية طويلة الأجل مع شركة BITMAIN لتوفير خدمات استضافة Bitcoin Miner

Prosper ukax BITMAIN ukampiw jaya pacha aruskipäwir mantawayi, Bitcoin Miner Hosting Services ukar churañataki

Prosper, Bitcoin Miner Hosting xidmətlərini təmin etmək üçün BITMAIN ilə uzunmüddətli müqavilə bağlayır

Prosper firma un acuerdo a largo plazo con BITMAIN para proporcionar servicios de alojamiento para mineros de Bitcoin

Prosper tekee pitkäaikaisen sopimuksen BITMAINin kanssa Bitcoin Miner -isännöintipalvelujen tarjoamisesta

प्रोस्पर ने बिटकॉइन माइनर होस्टिंग सेवाएं प्रदान करने के लिए बिटमैन के साथ दीर्घकालिक समझौता किया

Prosper が BITMAIN と長期契約を締結し、ビットコインマイナーのホスティングサービスを提供

Prosper, BITMAIN과 비트코인 채굴 호스팅 서비스 제공을 위한 장기 계약 체결

Prosper Ekoti Na Boyokani Ya Milayi Na BITMAIN Pona Kopesa Ba Services Ya Hébergement Ya Bitcoin Miner

Prosper noslēdz ilgtermiņa līgumu ar BITMAIN, lai nodrošinātu Bitcoin Miner mitināšanas pakalpojumus

प्रोस्परले बिटकोइन माइनर होस्टिङ सेवाहरू प्रदान गर्न BITMAIN सँग दीर्घकालीन सम्झौतामा प्रवेश गर्छ

Prosper Yinjira mumasezerano maremare hamwe na BITMAIN Gutanga Serivisi zo Kwakira Bitcoin Miner

CAYMAN ISLANDS, Cayman Islands, November 14th, 2024/Chainwire/--Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies Bit Mining Limited(NYSE:BTCM). Prosper's new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate. This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper's growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns with Prosper’s strategic direction and supports its new vision. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners. About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter). Contact Prosper contact@prosper-fi.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here CAYMAN ISLANDS, Cayman Islands, November 14th, 2024/Chainwire/--Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies Bit Mining Limited(NYSE:BTCM). Prosper's new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate. This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper's growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by Waterdrip Capital ), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. Waterdrip Capital Waterdrip Capital This investment aligns with Prosper’s strategic direction and supports its new vision. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. BIT Mining BIT Mining Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners. About Prosper Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter) . Prosper Prosper prosper-fi.com prosper-fi.com X (formerly Twitter) X (formerly Twitter) Contact Prosper contact@prosper-fi.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

BIT Mining (NYSE: BTCM) Invests In Prosper’s Native Tokens To Support New Focus On Bitcoin Mining

BIT Mining (NYSE: BTCM) ukax Prosper’s Native Tokens ukar qullqichrantawayi, machaq Foco Bitcoin Mining ukar yanapt’añataki

BIT Mining (NYSE: BTCM) інвесціруе ў натыўныя токены Prosper, каб падтрымаць новы фокус на здабычы біткойнаў

BIT Mining (NYSE: BTCM) invierte en tokens nativos de Prosper para respaldar un nuevo enfoque en la minería de Bitcoin

BIT Mining (NYSE: BTCM) investe nei token nativi di Prosper per supportare il nuovo focus sul mining di Bitcoin

BIT Mining (NYSE: BTCM) は、ビットコインマイニングへの新たな焦点をサポートするために Prosper のネイティブトークンに投資します。

BIT Mining (NYSE: BTCM) биткоинді өндіруге жаңа назар аударуды қолдау үшін Prosper-тің жергілікті токендеріне инвестиция жасайды

BIT Mining(NYSE: BTCM), 비트코인 채굴에 대한 새로운 초점을 지원하기 위해 Prosper의 네이티브 토큰에 투자

ການຂຸດຄົ້ນ BIT (NYSE: BTCM) ລົງທຶນໃນ Tokens ພື້ນເມືອງຂອງ Prosper ເພື່ອສະຫນັບສະຫນູນຈຸດສຸມໃຫມ່ກ່ຽວກັບການຂຸດຄົ້ນ Bitcoin

BIT Mining (NYSE: BTCM) investerar i Prospers inhemska tokens för att stödja nytt fokus på Bitcoin Mining

BIT Mining (NYSE: BTCM) ลงทุนในโทเค็นดั้งเดิมของ Prosper เพื่อสนับสนุนการเน้นใหม่ในการขุด Bitcoin

BIT Mining (NYSE: BTCM) Yi Vekisa Eka Prosper’s Native Tokens Ku Seketela Ku Tiyisisa Letintshwa Eka Bitcoin Mining

BIT مائننگ (NYSE: BTCM) بٹ کوائن مائننگ پر نئے فوکس کو سپورٹ کرنے کے لیے پراسپر کے مقامی ٹوکنز میں سرمایہ کاری کرتا ہے۔

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How Bitcoin Merges Religion, Philosophy, and Innovation to Unlock Financial Prosperity

আর্থিক সমৃদ্ধি আনলক করতে বিটকয়েন কীভাবে ধর্ম, দর্শন এবং উদ্ভাবনকে একত্রিত করে

Wie Bitcoin Religion, Philosophie und Innovation vereint, um finanziellen Wohlstand freizusetzen

Cómo Bitcoin fusiona religión, filosofía e innovación para desbloquear la prosperidad financiera

Comment Bitcoin fusionne la religion, la philosophie et l'innovation pour débloquer la prospérité financière

बिटकॉइन किस तरह धर्म, दर्शन और नवाचार को मिलाकर वित्तीय समृद्धि लाता है

ビットコインは宗教、哲学、イノベーションを融合して経済的繁栄を実現する

비트코인이 종교, 철학, 혁신을 결합하여 금융 번영을 이루는 방법

Como o Bitcoin combina religião, filosofia e inovação para desbloquear a prosperidade financeira

Как Биткойн объединяет религию, философию и инновации для достижения финансового процветания

Bitcoin, Finansal Refahın Kilidini Açmak İçin Din, Felsefe ve Yeniliği Nasıl Birleştiriyor?

Cách Bitcoin kết hợp tôn giáo, triết học và đổi mới để mở ra sự thịnh vượng tài chính

比特币如何融合宗教、哲学和创新以释放金融繁荣

Half a year has passed since the historic approval of spot Bitcoin ETFs, so it’s high time to take a look at first results. The new product has clearly gained steam. According to the CEO of CryptoQuant, spot Bitcoin ETFs already account for a quarter of Bitcoin trading volume. ETFs have quickly gained their market share and have become significant players in Bitcoin markets. Assets under management (AUM) of spot Bitcoin ETFs total about $50 billion. At its peak, the AUM of spot Bitcoin ETFs exceeded $60 billion. It should be noted that AUM depends on both clients’ activity (whether they deposit or withdraw money) and fluctuations in Bitcoin price. Thus, it’s not surprising to see that AUM pulled back from highs as BTC has corrected from the highs that were reached back in March. Importantly, the pullback in crypto markets did not lead to an exodus from ETFs, whose AUM dropped mostly in line with the price of Bitcoin. The leading ETFs are iShares Bitcoin Trust (a BlackRock fund), Grayscale Bitcoin Trust (a market veteran that was able to convert its fund into a spot ETF when the SEC approved such products), and Fidelity Wise Origin Bitcoin Fund. These funds control more than 85% of the spot ETF market. High concentration is usual in both traditional and crypto markets. For example, the combined market share of BTC and ETH exceeds 70%. In the U.S. stock market, leading tech firms also have an outsized influence on general market dynamics. It is already obvious that spot Bitcoin ETFs are a huge success. These products cater to investors who have been unwilling to buy Bitcoin at crypto exchanges or via p2p and open the door for institutional money. At this point, spot Bitcoin ETFs serve as a bridge between traditional finance and crypto. Currently, the market is waiting for the launch of spot Ether ETFs. The SEC is playing its usual game, asking for more paperwork and disclosures. However, the endgame is clear: spot Ether ETFs would be approved, providing traditional markets’ investors with an opportunity to invest in ETH without moving out of their usual infrastructure. Hardcore crypto fans would argue that using spot ETFs is not the correct way to invest in crypto, but real life shows that crypto ETFs boost demand for crypto, which benefits all. Demand for spot crypto ETFs is not limited to BTC and ETH products. Spot SOL ETFs may be coming next. VanEck and 21Shares have already filed paperwork related to the potential launch of SOL ETFs. Most likely, such ETFs would not be launched this year, as the SEC is not in a hurry to approve crypto-related products. However, the trend is obvious: the number of spot crypto ETFs will continue to grow due to the high demand for such products. As more products are approved by the SEC, regulatory uncertainty would decline, which would be bullish for crypto markets. The ETFs themselves will boost demand for spot crypto, providing additional support for another bull run. Half a year has passed since the historic approval of spot Bitcoin ETFs, so it’s high time to take a look at first results. The new product has clearly gained steam. According to the CEO of CryptoQuant, spot Bitcoin ETFs already account for a quarter of Bitcoin trading volume. ETFs have quickly gained their market share and have become significant players in Bitcoin markets. Assets under management (AUM) of spot Bitcoin ETFs total about $50 billion. At its peak, the AUM of spot Bitcoin ETFs exceeded $60 billion. It should be noted that AUM depends on both clients’ activity (whether they deposit or withdraw money) and fluctuations in Bitcoin price. Thus, it’s not surprising to see that AUM pulled back from highs as BTC has corrected from the highs that were reached back in March. Importantly, the pullback in crypto markets did not lead to an exodus from ETFs, whose AUM dropped mostly in line with the price of Bitcoin. The leading ETFs are iShares Bitcoin Trust (a BlackRock fund), Grayscale Bitcoin Trust (a market veteran that was able to convert its fund into a spot ETF when the SEC approved such products), and Fidelity Wise Origin Bitcoin Fund. These funds control more than 85% of the spot ETF market. High concentration is usual in both traditional and crypto markets. For example, the combined market share of BTC and ETH exceeds 70%. In the U.S. stock market, leading tech firms also have an outsized influence on general market dynamics. It is already obvious that spot Bitcoin ETFs are a huge success. These products cater to investors who have been unwilling to buy Bitcoin at crypto exchanges or via p2p and open the door for institutional money. At this point, spot Bitcoin ETFs serve as a bridge between traditional finance and crypto. Currently, the market is waiting for the launch of spot Ether ETFs. The SEC is playing its usual game, asking for more paperwork and disclosures. However, the endgame is clear: spot Ether ETFs would be approved, providing traditional markets’ investors with an opportunity to invest in ETH without moving out of their usual infrastructure. Hardcore crypto fans would argue that using spot ETFs is not the correct way to invest in crypto, but real life shows that crypto ETFs boost demand for crypto, which benefits all. Demand for spot crypto ETFs is not limited to BTC and ETH products. Spot SOL ETFs may be coming next. VanEck and 21Shares have already filed paperwork related to the potential launch of SOL ETFs. VanEck VanEck 21Shares 21Shares Most likely, such ETFs would not be launched this year, as the SEC is not in a hurry to approve crypto-related products. However, the trend is obvious: the number of spot crypto ETFs will continue to grow due to the high demand for such products. As more products are approved by the SEC, regulatory uncertainty would decline, which would be bullish for crypto markets. The ETFs themselves will boost demand for spot crypto, providing additional support for another bull run.

Six Months Since the Approval of Spot Bitcoin ETFs: First Results and Near-Term Prospects

My name is Marina Chernyshova. I have seven years of experience in Product and UX/UI design, working with complex web and mobile apps. Through my experience, I have been working with different teams, and I've learned that the development of any tech product relies heavily on the effective collaboration between Product Designers (PD) and Product Managers (PM). It is often discussed that poor communication can significantly damage a product. Lack of feedback, different understanding of the problem, and missed agreements lead to an increase in development time and the release of unfinished features. I have summarized several practical tips that have significantly helped me in my work. I hope they will be valuable for you as well. TIP N1: Twice a week syncs In my experience, it is pointless to meet each day because it is difficult to make significant progress. But when the workload is tough, having a meeting once a week also is not enough, so meeting twice a week seems to be the optimal solution. It doesn’t mean that you don’t communicate at all the rest of the time. You can use different software or platforms for collaboration, such as Slack, write comments on a Jira issue, or use tools like Figma and Miro. This approach is more time-efficient and serves as a form of written agreement. TIP N2: Action items after each sync Since the syncs are not daily, there are usually quite a lot of issues discussed, and it is easy to miss some agreements. I make it a rule to post a brief list of our agreements and action items to my corporate Slack channel after each sync. It is also a valuable practice for the PM to read this list carefully later and acknowledge that everything is okay. TIP N3: Compiled introductory notes If there are any user quotes, reviews, requests, analytics, published research papers, and expert articles connected with the investigated problem, it would be helpful for both - Designer and Product Manager to see them all stored in one place before starting work. It can be anything that suits you best: a Jira issue, a Google doc, a presentation, a Confluence page, or a Miro board. TIP N4: Clearly defined problem strongly recommend that Product Designers and Product Managers put their best efforts into collaboration and work on formulating the problem together. The main point is to clearly define the problem and return to this formulation when validating design solutions. A phrase like “The users from Company X want it to work like in Product Y” does not provide a sufficient understanding of the problem that needs to be solved; it rather looks like a solution suggestion. Personally, I do not mind when a PM offers possible solutions; the main thing is that it should not be in an ultimate form, and it’s better to have it accompanied by an explanation. TIP N5: Common preliminary research It can be done by both sides and even better together. For example, a Designer does a competitor analysis, and a PM organizes interviews with customers. It's great when a designer can also attend these interviews, but the meeting recording or summary can be very useful too. It is also essential to ensure that the results of this research are stored somewhere in the system and are available at any time. TIP N6: Visual evidence of your point of view It works for both sides, too. The examples for that might be: User flow records of other products (Mobbin Pageflow)
Screenshots of the reviews of your own and other products
Fragments of recordings of customer interviews
Screenshots of the support requests
Diagrams like mind maps, CJM, persona cards
Screenshots from Amplitude and Google Analytics, etc. Since both designers and the PMs collaborate quite closely and less formally than they communicate with the leadership team, they often forget about the rules while presenting their solutions to each other. It is unnecessary to make a full presentation every time; however, a short explanation of a conclusion helps a lot with ensuring productive communication. It doesn’t mean I don't trust a PM solely based on verbal communication, but when I'm shown the visual arguments, it feels more convincing. As a designer, I find visual information more impactful since visual materials are better perceived by us. Also, while delivering a short presentation, a designer or a PM may notice something that was mistakenly overlooked before and offer a fresh approach to the solution of the problem. Conclusion: It's clear that Product Management and Product Design are two critical roles that must work closely together to create successful products. I think effective collaboration is possible with a different distribution of roles; it all depends on the agreement within the team. But in any case, it’s very important to define and record all main agreements and always try to convey your idea to your colleague as unambiguously and visibly as possible. Clear communication and mutual understanding are essential to avoid misinterpretations and ensure that everyone is aligned toward the same goals. My name is Marina Chernyshova. I have seven years of experience in Product and UX/UI design, working with complex web and mobile apps. Through my experience, I have been working with different teams, and I've learned that the development of any tech product relies heavily on the effective collaboration between Product Designers (PD) and Product Managers (PM). It is often discussed that poor communication can significantly damage a product. Lack of feedback, different understanding of the problem, and missed agreements lead to an increase in development time and the release of unfinished features. I have summarized several practical tips that have significantly helped me in my work. I hope they will be valuable for you as well. TIP N1: Twice a week syncs In my experience, it is pointless to meet each day because it is difficult to make significant progress. But when the workload is tough, having a meeting once a week also is not enough, so meeting twice a week seems to be the optimal solution. It doesn’t mean that you don’t communicate at all the rest of the time. You can use different software or platforms for collaboration, such as Slack, write comments on a Jira issue, or use tools like Figma and Miro. This approach is more time-efficient and serves as a form of written agreement. TIP N2: Action items after each sync Since the syncs are not daily, there are usually quite a lot of issues discussed, and it is easy to miss some agreements. I make it a rule to post a brief list of our agreements and action items to my corporate Slack channel after each sync. It is also a valuable practice for the PM to read this list carefully later and acknowledge that everything is okay. TIP N3: Compiled introductory notes If there are any user quotes, reviews, requests, analytics, published research papers, and expert articles connected with the investigated problem, it would be helpful for both - Designer and Product Manager to see them all stored in one place before starting work. It can be anything that suits you best: a Jira issue, a Google doc, a presentation, a Confluence page, or a Miro board. TIP N4: Clearly defined problem strongly recommend that Product Designers and Product Managers put their best efforts into collaboration and work on formulating the problem together. The main point is to clearly define the problem and return to this formulation when validating design solutions. A phrase like “The users from Company X want it to work like in Product Y” does not provide a sufficient understanding of the problem that needs to be solved; it rather looks like a solution suggestion. Personally, I do not mind when a PM offers possible solutions; the main thing is that it should not be in an ultimate form, and it’s better to have it accompanied by an explanation. TIP N5: Common preliminary research It can be done by both sides and even better together. For example, a Designer does a competitor analysis, and a PM organizes interviews with customers. It's great when a designer can also attend these interviews, but the meeting recording or summary can be very useful too. It is also essential to ensure that the results of this research are stored somewhere in the system and are available at any time. TIP N6: Visual evidence of your point of view It works for both sides, too. The examples for that might be: User flow records of other products (Mobbin Pageflow) Screenshots of the reviews of your own and other products Fragments of recordings of customer interviews Screenshots of the support requests Diagrams like mind maps, CJM, persona cards Screenshots from Amplitude and Google Analytics, etc. User flow records of other products (Mobbin Pageflow) Screenshots of the reviews of your own and other products Fragments of recordings of customer interviews Screenshots of the support requests Diagrams like mind maps, CJM, persona cards Screenshots from Amplitude and Google Analytics, etc. Since both designers and the PMs collaborate quite closely and less formally than they communicate with the leadership team, they often forget about the rules while presenting their solutions to each other. It is unnecessary to make a full presentation every time; however, a short explanation of a conclusion helps a lot with ensuring productive communication. It doesn’t mean I don't trust a PM solely based on verbal communication, but when I'm shown the visual arguments, it feels more convincing. As a designer, I find visual information more impactful since visual materials are better perceived by us. Also, while delivering a short presentation, a designer or a PM may notice something that was mistakenly overlooked before and offer a fresh approach to the solution of the problem. Conclusion: It's clear that Product Management and Product Design are two critical roles that must work closely together to create successful products. I think effective collaboration is possible with a different distribution of roles; it all depends on the agreement within the team. But in any case, it’s very important to define and record all main agreements and always try to convey your idea to your colleague as unambiguously and visibly as possible. Clear communication and mutual understanding are essential to avoid misinterpretations and ensure that everyone is aligned toward the same goals.

A Guide for Collaboration and Building a Great Product: Product designer prospective

In the evolving landscape of finance, cryptocurrencies and open banking have marked significant milestones as paradigms of innovation. Both domains extensively harness technological advancements and champion data transparency, setting the stage for a synergistic interplay. This exploration delves into the integration of open banking within the cryptocurrency sector, showcases tangible instances of their convergence, and forecasts emerging trends. Understanding Open Banking Open banking revolutionizes traditional financial paradigms by obligating banks to share customer-permitted data with authorized fintech entities. This practice, mandated under Europe's PSD2 regulation since 2018, dismantles previous data monopolies held by banks, facilitating the creation of tailored, user-centric financial products. Enhanced payment experiences and unified financial account management are prime examples of open banking’s capabilities. Deciphering Cryptocurrency Cryptocurrency stands as a form of digital, decentralized currency, distinguished from conventional online transactions by its foundational technology—Distributed Ledger Technology (DLT), particularly blockchain. This technology ensures transparency and operates independently of central regulatory authorities. Bitcoin, Ethereum, Ripple, and Litecoin are among the prominent cryptocurrencies adopted for investments, remittances, and transactions. Shared Principles: Data Transparency The ethos of blockchain and open banking is rooted in maximizing data accessibility and transparency. While open banking leverages Application Programming Interfaces (APIs) for secure data exchanges between banks and fintechs, cryptocurrency employs blockchain to maintain a tamper-evident transaction ledger across a distributed network. Cryptocurrency Utilizing Open Banking Open banking amplifies the cryptocurrency ecosystem by enhancing user experiences and fostering innovation through features like: Crypto Account Deposits: Facilitates seamless fund transfers to crypto exchanges via rapid and secure channels, minimizing the need for manual data entry through Payment Initiation Service Providers (PISP).
Cryptocurrency Lending: Improves lending platforms by using financial data aggregators to expedite credit assessments, making the process more efficient than traditional methods.
AML & KYC Compliance: Streamlines anti-money laundering processes and Know Your Customer protocols by providing comprehensive transaction histories, which aids in verifying user identities and assessing transaction risks.
Decentralized Finance (DeFi): Mirrors the principles of open banking; it integrates with DeFi platforms to blend the reliability of traditional finance with innovative, decentralized models. Real-world Integration Examples Coinbase and Open Banking: In 2022, Coinbase enabled UK customers to link their bank accounts directly to their cryptocurrency accounts, enhancing transaction security and speed.
Revolut's Seamless Transition: As a digital bank, Revolut uses open banking to bridge traditional and digital currencies effortlessly.
Gemini: This crypto exchange simplified cryptocurrency transactions in 2022 by incorporating open banking, allowing direct bank account connections. Future Directions in Crypto and Open Banking The trajectory of open banking and cryptocurrency integration is poised for expansive growth, driven by regulatory developments and increasing consumer adoption. Projected to burgeon from $57 billion in 2023 to $330 billion by 2027, open banking transactions are set to soar . Concurrently, the cryptocurrency market is expected to escalate from $910.3 million in 2021 to $1.9 billion by 2028. Upcoming Regulatory Landscapes Europe's PSD3 and Crypto Regulations: Scheduled for 2024, these regulations aim to enhance API quality and heighten security measures, while the MiCA framework will standardise operational protocols for cryptocurrency businesses. Michael Bystrov, Chief Revenue Officer at Noda said "Elevate your business with Noda’s comprehensive open banking solutions. Our platform is engineered with advanced AI and machine-learning technologies to streamline your payment processes and expand your operational capabilities. At Noda, we prioritize your transactional efficiency and growth." This exploration underscores the mutual benefits and vast potential of integrating open banking with cryptocurrency practices, highlighting a future rich with opportunities for innovation and enhanced financial inclusivity. In the evolving landscape of finance, cryptocurrencies and open banking have marked significant milestones as paradigms of innovation. Both domains extensively harness technological advancements and champion data transparency, setting the stage for a synergistic interplay. This exploration delves into the integration of open banking within the cryptocurrency sector, showcases tangible instances of their convergence, and forecasts emerging trends. Understanding Open Banking Open banking revolutionizes traditional financial paradigms by obligating banks to share customer-permitted data with authorized fintech entities. This practice, mandated under Europe's PSD2 regulation since 2018, dismantles previous data monopolies held by banks, facilitating the creation of tailored, user-centric financial products. Enhanced payment experiences and unified financial account management are prime examples of open banking’s capabilities. Deciphering Cryptocurrency Cryptocurrency stands as a form of digital, decentralized currency, distinguished from conventional online transactions by its foundational technology—Distributed Ledger Technology (DLT), particularly blockchain. This technology ensures transparency and operates independently of central regulatory authorities. Bitcoin, Ethereum, Ripple, and Litecoin are among the prominent cryptocurrencies adopted for investments, remittances, and transactions. Shared Principles: Data Transparency The ethos of blockchain and open banking is rooted in maximizing data accessibility and transparency. While open banking leverages Application Programming Interfaces (APIs) for secure data exchanges between banks and fintechs, cryptocurrency employs blockchain to maintain a tamper-evident transaction ledger across a distributed network. Cryptocurrency Utilizing Open Banking Open banking amplifies the cryptocurrency ecosystem by enhancing user experiences and fostering innovation through features like: Crypto Account Deposits: Facilitates seamless fund transfers to crypto exchanges via rapid and secure channels, minimizing the need for manual data entry through Payment Initiation Service Providers (PISP). Cryptocurrency Lending: Improves lending platforms by using financial data aggregators to expedite credit assessments, making the process more efficient than traditional methods. AML & KYC Compliance: Streamlines anti-money laundering processes and Know Your Customer protocols by providing comprehensive transaction histories, which aids in verifying user identities and assessing transaction risks. Decentralized Finance (DeFi): Mirrors the principles of open banking; it integrates with DeFi platforms to blend the reliability of traditional finance with innovative, decentralized models. Crypto Account Deposits: Facilitates seamless fund transfers to crypto exchanges via rapid and secure channels, minimizing the need for manual data entry through Payment Initiation Service Providers (PISP). Cryptocurrency Lending: Improves lending platforms by using financial data aggregators to expedite credit assessments, making the process more efficient than traditional methods. AML & KYC Compliance: Streamlines anti-money laundering processes and Know Your Customer protocols by providing comprehensive transaction histories, which aids in verifying user identities and assessing transaction risks. Decentralized Finance (DeFi): Mirrors the principles of open banking; it integrates with DeFi platforms to blend the reliability of traditional finance with innovative, decentralized models. Real-world Integration Examples Coinbase and Open Banking: In 2022, Coinbase enabled UK customers to link their bank accounts directly to their cryptocurrency accounts, enhancing transaction security and speed. Revolut's Seamless Transition: As a digital bank, Revolut uses open banking to bridge traditional and digital currencies effortlessly. Gemini: This crypto exchange simplified cryptocurrency transactions in 2022 by incorporating open banking, allowing direct bank account connections. Coinbase and Open Banking: In 2022, Coinbase enabled UK customers to link their bank accounts directly to their cryptocurrency accounts, enhancing transaction security and speed. Coinbase enabled UK customers Coinbase enabled UK customers Revolut's Seamless Transition: As a digital bank, Revolut uses open banking to bridge traditional and digital currencies effortlessly. Revolut uses open banking Revolut uses open banking Gemini: This crypto exchange simplified cryptocurrency transactions in 2022 by incorporating open banking, allowing direct bank account connections. transactions in 2022 transactions in 2022 Future Directions in Crypto and Open Banking The trajectory of open banking and cryptocurrency integration is poised for expansive growth, driven by regulatory developments and increasing consumer adoption. Projected to burgeon from $57 billion in 2023 to $330 billion by 2027, open banking transactions are set to soar . Concurrently, the cryptocurrency market is expected to escalate from $910.3 million in 2021 to $1.9 billion by 2028. $57 billion in 2023 $57 billion in 2023 Upcoming Regulatory Landscapes Europe's PSD3 and Crypto Regulations: Scheduled for 2024, these regulations aim to enhance API quality and heighten security measures, while the MiCA framework will standardise operational protocols for cryptocurrency businesses. Europe's PSD3 and Crypto Regulations: Scheduled for 2024 , these regulations aim to enhance API quality and heighten security measures, while the MiCA framework will standardise operational protocols for cryptocurrency businesses. Scheduled for 2024 Scheduled for 2024 Michael Bystrov, Chief Revenue Officer at Noda said "Elevate your business with Noda’s comprehensive open banking solutions. Our platform is engineered with advanced AI and machine-learning technologies to streamline your payment processes and expand your operational capabilities. At Noda, we prioritize your transactional efficiency and growth." Michael Bystrov, Chief Revenue Officer at Noda said "Elevate your business with Noda’s comprehensive open banking solutions. Our platform is engineered with advanced AI and machine-learning technologies to streamline your payment processes and expand your operational capabilities. At Noda , we prioritize your transactional efficiency and growth." Noda Noda This exploration underscores the mutual benefits and vast potential of integrating open banking with cryptocurrency practices, highlighting a future rich with opportunities for innovation and enhanced financial inclusivity.

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