Research
Eldercare in the Singapore Real Estate Market – An Emerging Perspective
Aging has become one of the primary concerns of the world in the present time. The proportion of people in society at extreme old age is higher compared to the last decades (World Health Organization, 2011, p. 1). According to the United Nations, by 2050, the number of people above 60 will double, and there is a high chance that it will increase three times by 2100 (United Nations, 2015, p. 1). Hence, with the increasing number of older adults, the demands to address their needs in healthcare and real estate will increase as well – both quantitatively and qualitatively. This situation prompted the author to ask the following questions: What are the characteristics of real estate that address the needs of the aging society? Which Singaporean mechanisms can amalgamate the healthcare domain requirements and create a market and robust solutions for eldercare in real estate? In this paper, the author analyses various research overviews and case studies from past decades which discussed older people’s environment and policies designed by public authorities. In addition, the author used the United Nations Economic Commission for Europe variables to project the real estate market prospective for senior people in Singapore.
Critical Review: Future of Block Chain Economy in Financial Services
This research paper is based on the future of block chain economy in financial sectors and its significant usage. The researcher emphasized that the block chain technology has the potential to disrupt financial services and it can change the current face of financial Industry. The researcher focused on the significant usage of block chain economy to fraud detection, to maintain the customer’s history, trade finance, and smart contracts. There are some challenging faces of block chain economy towards adoption in financial sectors such as interoperability, privacy, energy consumption, security, scalability, and legal regulations. The researcher also stated that block chain economy is a scenario and potential future environment in which crypto currency replaces current monetary systems on a global basis to become an autonomous market participants in financial sectors. The researcher also highlights the key challenges of block chain economy adoption in financial sectors with current statistics of future analysis.
