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Best Electronic Safe Box of 2023

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JUGREAT Electronic Safe Box with Induction Light


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Welcome to our comprehensive guide on the best electronic safe boxes for 2023. In this article, we will explore a range of electronic safe boxes designed to provide security and peace of mind for your valuable belongings.

Whether you need a safe box for your home, office, or personal use, we’ve carefully selected top-rated models that offer advanced features, robust construction, and reliable performance. Read on to discover the best options available to keep your important items safe and secure.

Review Process

Our review process involved extensive research and analysis of various electronic safe boxes in the market. We considered key factors such as security features, construction quality, ease of use, customer reviews, and overall value for money. We examined each safe box’s design, including its electronic locking mechanism, materials used, interior space, and additional security enhancements.

Through in-depth research, we compared specifications, evaluated user feedback, and assessed the reputation of the brands behind these products.

JUGREAT Electronic Safe Box with Induction Light

The JUGREAT Electronic Safe Box with Induction Light provides a secure storage solution with some added convenience, earning a solid 4 out of 5 stars.

Key stats:

  • Built with high-quality steel ensuring security and durability
  • Induction light feature for easy usage in the dark
  • Electronic touch panel with additional key lock for double protection

Reasons to buy:

The JUGREAT Electronic Safe Box is a great investment if you’re looking for a secure and dependable safe to store your valuables. Its high-quality steel construction ensures sturdiness and protection, while the induction light feature adds convenience when accessing the safe in low light conditions. Additionally, the electronic touch panel with a key lock provides an extra layer of security, giving you peace of mind when it comes to the safety of your belongings.

Reasons to not buy:

If you require a large safe to store bigger items or a significant number of valuables, the JUGREAT Electronic Safe Box might not be the best choice due to its compact size. Moreover, the safe relies on batteries to power the electronic touch panel and induction light, which may not be ideal for those who prefer a more energy-efficient or eco-friendly option.

Pros:

  • Durable and secure high-quality steel construction
  • Induction light feature for added convenience
  • Electronic touch panel and key lock for double protection
  • Compact size, allowing it to fit easily in various locations

Cons:

  • Limited storage capacity due to its compact size
  • Relies on batteries, which may not be as energy-efficient or eco-friendly

GUVELI 1.5 Cubic Ft Electronic Safe Box

GUVELI 1.5 Cubic Ft Electronic Safe Box

The GUVELI 1.5 Cubic Ft Electronic Safe Box is a reliable and secure choice for protecting your valuables, earning a 4.5 out of 5 rating.

Key Stats:

  • 1.5 cubic feet of storage capacity
  • Electronic locking system with keypad
  • Solid steel construction

Reasons to Buy:

The GUVELI 1.5 Cubic Ft Electronic Safe Box is a great investment for anyone looking to secure their valuables and important documents. Its electronic locking system with keypad provides customizable security, while the solid steel construction ensures durability and protection against break-ins. With 1.5 cubic feet of storage capacity, this safe can easily accommodate a variety of items, including cash, jewelry, passports, and small electronics. The included mounting hardware also allows for easy installation and added security.

Reasons Not to Buy:

While the GUVELI 1.5 Cubic Ft Electronic Safe Box offers a solid level of protection, it may not be the best option for those with larger or more expensive valuables, as it lacks advanced security features like biometric access or fire and water resistance. Additionally, some users may find the 1.5 cubic feet of space to be too limited for their needs, particularly if they have larger items to store.

Pros:

  • Electronic locking system with customizable access
  • Solid steel construction for added protection
  • Adequate storage capacity for a variety of items
  • Easy mounting and installation

Cons:

  • Lacks advanced security features, such as biometric access or fire and water resistance
  • May be too small for users with larger items or a higher quantity of valuables

Amazon Basics Steel Electronic Safe Box

Amazon Basics Steel Electronic Safe Box

The Amazon Basics Steel Electronic Safe Box is a reliable and secure option for safeguarding your belongings, earning a solid 4.5 out of 5 stars.

Key stats:

  • Dimensions: 13.8 x 9.8 x 9.8 inches
  • Weight: 16.5 pounds
  • Lock type: Electronic keypad with backup key

Reasons to buy:

This electronic safe box provides you with peace of mind, knowing that your essential documents, jewelry, and other valuables are secure. With its sturdy steel construction, the safe is both pry-resistant and durable. The electronic keypad ensures quick and convenient access, while the back-up key offers an additional safeguard in case the battery runs out. The compact size of the Amazon Basics Steel Electronic Safe Box allows it to be discreetly stored anywhere in your home or office, providing an optimal balance between security and accessibility.

Reasons not to buy:

Despite its steel construction, the safe may not be sufficient to withstand very determined thieves or natural disasters such as fires or floods. Additionally, the relatively small size may not cater to those with larger items or extensive collections of valuables. Finally, some users may find the electronic keypad interface to be less than intuitive, requiring a learning curve to familiarize themselves with the lock mechanism.

Pros:

  • Sturdy steel construction
  • Electronic keypad for quick access
  • Compact size, suitable for discreet storage
  • Backup key for added security

Cons:

  • May not withstand determined break-in attempts
  • Not fire or water resistant
  • Small size may not accommodate larger valuables
  • Keypad interface could be less intuitive for some users

SereneLife Electronic Safe Box for Home

SereneLife Electronic Safe Box for Home

The SereneLife Electronic Safe Box for Home offers reliable security for your valuables with a rating of 4 out of 5 stars.

Key stats:

  • Dimensions: 12.2″ x 7.8″ x 7.8″
  • Weight: 9.25lbs (4.2kg)
  • Lock Mechanism: Electronic lock with keypad and manual override keys

Reasons to buy:

The SereneLife Electronic Safe Box provides excellent protection for your valuables at an affordable price. Its electronic lock with a keypad and manual override keys ensure easy access and added security. The safe box is also compact and lightweight, making it perfect for home use or placement within a cabinet or drawer. Its solid steel construction and reinforced door further enhance the security of your belongings. Overall, this safe box is a great investment for those seeking a reliable and budget-friendly solution to secure their possessions.

Reasons to not buy:

Though the SereneLife safe box offers great value, some may find its size and storage capacity limiting, especially if they have larger items or a growing collection of valuables. Also, while the electronic lock is convenient, it requires periodic battery replacement, which may be viewed as a hassle for some users. Finally, with a lack of advanced features such as biometric access or fireproofing, those seeking enhanced protection may want to consider alternative options.

Pros:

  • Affordable price
  • Electronic lock with keypad and manual override keys
  • Compact and lightweight
  • Solid steel construction
  • Reinforced door for added security

Cons:

  • Limited size and storage capacity
  • Requires battery replacement for the electronic lock
  • Lacks advanced features like biometric access or fireproofing

TENAMIC Electronic Safe Box 0.23 Cubic Feet

TENAMIC Electronic Safe Box 0.23 Cubic Feet

The TENAMIC Electronic Safe Box 0.23 Cubic Feet is a compact and sturdy safe designed for home and office use, earning a rating of 4.5 out of 5 stars.

Key stats:

  • Dimensions: 9.05″ x 6.69″ x 6.69″
  • Material: Solid steel construction with anti-rust coating
  • Security: Electronic keypad with override key option

Reasons to buy:

This TENAMIC Electronic Safe Box is perfect for individuals who need a secure place to store valuable items and important documents. Its solid steel construction and anti-rust coating ensure durability, while the electronic keypad with override key option provides enhanced security. With its compact size, the safe can easily be placed on a shelf or inside a cabinet without taking up much space. The safe also comes with two anchor bolts for additional security and easy installation.

Reasons to not buy:

Despite its benefits, the TENAMIC Electronic Safe Box may not be suitable for users who need to store larger belongings or a high volume of items due to its limited storage capacity. Additionally, while the electronic keypad offers convenience, users who are not technologically inclined may find the digital interface challenging to operate.

Pros:

  • Compact and space-saving design
  • Solid steel construction with anti-rust coating for durability
  • Electronic keypad with override key option for added security
  • Comes with anchor bolts for easy installation

Cons:

  • Limited storage capacity
  • Electronic interface may be challenging for some users

Heroecol 0.60 Cu Ft Electronic Security Safe Box

Heroecol 0.60 Cu Ft Electronic Security Safe Box

The Heroecol 0.60 Cu Ft Electronic Security Safe Box offers solid protection for your valuables with a rating of 4 out of 5.

Key Stats:

  • 0.60 cubic feet storage capacity
  • Electronic keypad lock system
  • Fire resistant and durable construction

Reasons to buy:

Reasons to buy the Heroecol 0.60 Cu Ft Electronic Security Safe Box include its adequate storage capacity, well-built design, and reliable electronic keypad lock system, making it a dependable option to secure your valuables. This safe box is also fire resistant, ensuring additional peace of mind in the event of a fire-related incident.

Reasons to not buy:

Reasons to not buy this product might include its potentially insufficient space for larger items, or that its electronic lock system may not be as fail-safe as a mechanical one, making it vulnerable to determined thieves. Additionally, if you require a waterproof safe, this model may not be the best fit.

Pros:

  • Adequate storage capacity
  • Solid construction
  • Electronic keypad lock system
  • Fire-resistant

Cons:

  • May not have enough room for larger items
  • Electronic lock system potentially less secure than mechanical ones
  • Not waterproof

SamYerSafe Electronic Safe Box

SamYerSafe Electronic Safe Box

The SamYerSafe Electronic Safe Box is a reliable and secure storage solution, earning a solid 4.5 out of 5 stars.

Key stats:

  • Dimensions: 12.2 x 7.8 x 7.8 inches
  • Weight: 11.9 lbs.
  • Locking system: Electronic keypad with override key

Reasons to buy:

The SamYerSafe Electronic Safe Box offers a perfect combination of convenience and safety for storing your valuable belongings. With its robust steel construction and dual locking system, you can have peace of mind knowing your valuables are protected against theft and unauthorized access. The electronic keypad offers an easy-to-remember passcode, while the override key provides a backup solution in case the battery runs out or you forget the code. Additionally, its compact size and pre-drilled holes make installation hassle-free.

Reasons to not buy:

While the SamYerSafe Electronic Safe Box offers solid protection, it may not be suitable for those in need of advanced security features, such as fireproofing or waterproofing. Additionally, its compact size might not be ideal for users with larger items to store or those who require a more spacious safe.

Pros:

  • Sturdy steel construction
  • Easy-to-use electronic keypad
  • Override key for emergency access
  • Compact size for convenient installation
  • Pre-drilled holes for walls or floor mounting

Cons:

  • No fireproof or waterproof features
  • Limited space for larger valuables

Stalwart Steel Electronic Safe Box

Stalwart Steel Electronic Safe Box

The Stalwart Steel Electronic Safe Box is a reliable and secure storage option for valuables, earning a solid 4 out of 5 stars.

Key stats:

  • Dimensions: 12.2 x 7.9 x 7.9 inches
  • Weight: 9.7 pounds
  • Lock type: Electronic keypad with override key option

Reasons to buy:

Reasons to buy the Stalwart Steel Electronic Safe Box include its durable steel construction and tamper-proof hinges that provide peace of mind for the security of your belongings. The electronic keypad offers convenient access, while the included override key ensures you can still gain entry in the event of a battery failure. Additionally, the safe’s compact size and pre-drilled holes make it suitable for both home and office use as well as easy to mount on a wall or floor for increased security.

Reasons to not buy:

Reasons not to buy the Stalwart Steel Electronic Safe Box may include its relatively small size, limiting the number of items that can be stored. Additionally, some users may find the electronic keypad to be less secure than a combination or biometric lock. Furthermore, the included instructions may be difficult to understand, potentially causing issues during setup and installation.

Pros:

  • Durable steel construction
  • Tamper-proof hinges
  • Electronic keypad with override key option
  • Compact size suitable for home and office use
  • Easy to mount on wall or floor

Cons:

  • Limited storage capacity due to small size
  • Electronic keypad may not be satisfactory to some users
  • Difficult-to-understand instructions

ROLOWAY Steel Electronic Safe Box

ROLOWAY Steel Electronic Safe Box

The ROLOWAY Steel Electronic Safe Box is a robust and secure storage solution for valuables, earning a 4.5 out of 5 rating.

Key Stats:

  • Exterior dimensions: 13.8 x 9.8 x 9.8 inches
  • Weight: 24.2 lbs
  • Lock type: Electronic keypad and manual key

Reasons to buy:

The ROLOWAY Steel Electronic Safe Box provides an exceptional level of security for your valuables, thanks to its sturdy steel construction and electronic keypad lock system. Additionally, this safe box includes a manual key lock as a backup, ensuring you’ll always have access to your belongings. With its compact design, the safe can be easily placed in the home or the office, discreetly storing important documents, cash, jewelry, or other valuable items. Not only is the safe user-friendly, but the pre-drilled holes and included mounting hardware also make installation a breeze.

Reasons to not buy:

While the ROLOWAY Steel Electronic Safe Box offers a great level of security for its size, it may not be large enough or offer advanced features (such as fire or waterproof protection) that some users may require. The electronic keypad system, albeit convenient, may also be a potential issue for those who are forgetful or resistant to memorizing codes. Users seeking a higher-security option or those with a larger volume of valuables might want to consider a bigger safe or one with enhanced protection features.

Pros:

  • Sturdy steel construction
  • Electronic keypad lock with manual key backup
  • Compact design for convenient placement
  • Easy installation with pre-drilled holes and mounting hardware

Cons:

  • May be too small for some users’ needs
  • Lacks advanced features (e.g. fire or waterproof protection)
  • Electronic keypad may not suit everyone’s preference

KAPUCI Modern Electronic Safe Box

KAPUCI Modern Electronic Safe Box

The KAPUCI Modern Electronic Safe Box is a highly secure and efficient option for safeguarding valuables, earning a strong 4.5 out of 5 rating.

Key Stats:

  • Dimensions: 13.8 x 9.8 x 9.8 inches
  • Security features: Electronic keypad, manual override key, solid steel construction
  • Weight: 24.2 pounds

Reasons to buy:

The KAPUCI Modern Electronic Safe Box is a reliable storage solution for personal belongings and important documents, offering state-of-the-art security measures. Its electronic keypad ensures convenient access while the manual override key provides a dependable backup in case of emergencies. The safe’s robust steel construction, coupled with its tamper-proof hinges, offers enhanced protection against forced entry and intrusion attempts. It is also easy to install and suitable for home or office use. Its sleek design and compact dimensions make it an unobtrusive yet reliable addition to any space.

Reasons to not buy:

While the KAPUCI Modern Electronic Safe Box comes with advanced security features, its dimensions may not be suitable for those looking to store larger valuables or an extensive collection of documents. Additionally, the safe lacks advanced features such as fireproof or waterproof protection, which might be essential for some potential buyers.

Pros:

  • Electronic keypad for easy access
  • Manual override key for emergency access
  • Solid steel construction offers enhanced security
  • Tamper-proof hinges for added protection
  • Compact and unobtrusive design suitable for home and office use

Cons:

  • Limited interior space for larger items or extensive document storage
  • Lacks fireproof and waterproof protection

Table Overview

Safe Box Model Features Price Range
JUGREAT Electronic Safe Box Induction light, digital keypad, solid steel construction Mid-range
GUVELI 1.5 Cubic Ft Electronic Safe Box Spacious interior, motorized locking mechanism, carpeted floor Mid-range
Amazon Basics Steel Electronic Safe Box Programmable digital keypad, pry-resistant door Budget-friendly
SereneLife Electronic Safe Box for Home Compact design, reinforced steel construction, digital lock Budget-friendly
TENAMIC Electronic Safe Box Small and portable, digital keypad, solid steel construction Budget-friendly
Heroecol 0.60 Cu Ft Electronic Security Safe Box Dual access, digital keypad, scratch-resistant coating Mid-range
SamYerSafe Electronic Safe Box LED indicator lights, motorized locking mechanism, digital lock Mid-range
Stalwart Steel Electronic Safe Box Tamper-proof hinges, digital keypad, solid steel construction Budget-friendly
ROLOWAY Steel Electronic Safe Box Anti-pry door, programmable digital keypad, carpeted floor Mid-range
KAPUCI Modern Electronic Safe Box Sleek design, digital keypad, solid steel construction Mid-range

Frequently Asked Questions

Q: Are electronic safe boxes secure?

A: Yes, electronic safe boxes offer robust security features such as digital keypads, motorized locking bolts, and tamper-proof constructions. However, it’s important to choose a safe box with advanced security measures to ensure optimal protection.

Q: Can I change the access code of an electronic safe box?

A: Most electronic safe boxes allow you to change the access code, providing flexibility and the ability to update your security settings periodically.

Q: Can electronic safe boxes be bolted down?

A: Yes, many electronic safe boxes come with pre-drilled holes and mounting hardware for secure installation to prevent theft and unauthorized removal.

Q: What should I consider when selecting an electronic safe box?

A: Factors to consider include size and capacity, security features, fire and water resistance, ease of installation and use, and the reputation of the brand.

Conclusion

After careful evaluation, we have identified the top electronic safe boxes for 2023 that combine security, functionality, and value for money. These safe boxes offer a range of features, including digital keypads, sturdy constructions, tamper-proof mechanisms, and customizable access codes.

Consider your specific needs, such as size requirements and desired security features, when choosing the best electronic safe box for your valuable belongings. Remember to prioritize reliability, convenience, and the overall reputation of the brand. With the right electronic safe box, you can have peace of mind knowing that your possessions are well-protected.

Brad Anderson

Editor In Chief at ReadWrite

Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com.

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Politics

Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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