The recent news of how Snapchat is valued at US18bn has sent shockwaves through the financial world For a company that is not monetized in a traditional way there seems to be a lot of interest from investors So much even that the company continues to raise cash albeit their business model may not be very clear to most people

The countries of Central and Eastern Europe a diverse region sometimes referred to as the Second World are at different stages of their economic development and political integration with the EU or other supranational organizations Having less established traditional sectors looser regulations and weaker associations creates better conditions for new industries to develop there Along with local crypto exchanges global trading platforms have been turning their attention to Eastern Europe catering to the needs of its population by introducing new options to buy and sell coins with local fiat currencies

In the world of today facial recognition is quite a common feature and is being used by almost one and all From banks to visitors at home startups to large organizations this technology is now also being used to gain access to mobile devices and social media platforms as well

The recent news of how Snapchat is valued at US18bn has sent shockwaves through the financial world For a company that is not monetized in a traditional way there seems to be a lot of interest from investors So much even that the company continues to raise cash albeit their business model may not be very clear to most people