Since joining the EU in 2004, Cyprus has benefitted from being part of a huge single market gaining access to a great number of goods and services. However, this membership also comes with certain obligations, not least of which pertain to ensuring the confidentiality of transactions and sensitive information. Unfortunately, most businesses have been slow to adopt a structured cybersecurity framework that forms part of their business processes. Successful Business talks to Panicos Georgiou, CEO of eSafe Solutions, about cybersecurity…

Even amid the pandemic, 5G continued to expand in 2020 and is predicted to become mainstream in 2021. In the new "remote" economy, the continued advance of 5G is critical to be able to support the increasing burden on the data networks. The technology, which boasts anywhere from 10 to 100 times the speed of 4G and much more rapid responsiveness, could improve everything from simple video conferencing to telemedicine and advanced augmented and virtual reality. Wi-Fi cannot scale to…

Blockchain-enabled business models will present a seismic shift to how business is conducted in the future. Its impact on commerce will be gamechanging, especially given the increasingly digital global economy and the decentralisation of business models and stakeholders enabled by blockchain. In this direction, a new dimension of innovation awaits. Everyone should know these 13 things about blockchains 1. Bitcoin, a money exchange system, pioneered blockchain technology and today, it has more than 8 million accounts and grew by more…

Chief Executive Officer of BDSwiss Group, Alexander Oelfke, spoke to Successful Business about the Group’s operations, the market, Covid-19, and where the financial services industry could be headed. Who is BDSwiss and what does the company do? BDSwiss is a global financial services group offering secure access to the financial markets. We serve over 1.5 million registered clients from our headquarters in Limassol and facilitate more than $80 billion per month in trading volume. Despite our relatively short history, we’ve…