future
Explore the next frontier of tech innovation, and imagine our society in the near and far future.
Cryptocurrency Mining
This ledger of past transactions is called a blockchain because it is a chain of blocks. The blockchain serves as confirmation that transactions to the rest of the network have taken place. Blockchain is also responsible for the release of new Bitcoins. Each of the many existing Cryptozoic relies on the core idea of blockchain. All transactions are encrypted. As cryptographic transactions are made, they are added to what many call "blocks", up to a point where a set number of transactions are recorded. This block will be added to the public chain (blockchain) at this time. While mining cryptocurrencies such as Bitcoin, Dash, Litecoin, Cash and Ethereum, miners must combine the final transaction into blocks and solve a computationally difficult puzzle. There are several online Bitcoin mining sites. It has become a very popular way to make money.
By Bhagirath Roy3 years ago in 01
The Basics of Cryptocurrency and the Way It Works
This evolution has redefined human life in almost every aspect. In fact, this evolution is an ongoing process, and human life on Earth is improving day by day. One of the latest inclusions in this aspect is cryptocurrencies.
By Bhagirath Roy3 years ago in 01
Industrial Robotics Market
According to Future Market Insights (FMI), the global Industrial Robotics Market will be worth US$ 33.75 billion by 2022, growing at a CAGR of 19.2% between 2022 and 2028. A new market research report by Future Market Insights on the industrial robotics market includes global industry analysis and opportunity assessment 2022–2028. The report investigates the industrial robotics market and provides critical insights for the forecast period of 2019-2029.
By James Lewis3 years ago in 01
International Regulations for Cryptocurrencies Will Create Win-Win Situations
Background A decentralized network that can assign users tokens that support ideas with money is innovative and insightful. Profitable Bitcoin proved to be an asset for early investors, with mixed returns recorded in 2017. Investors and cryptocurrency exchanges around the world have taken advantage of this opportunity to make huge profits, leading to the rise of several online exchanges.Other cryptocurrencies such as Theorem, Ripple and other Loss. promised even better results. (Theorem grew more than 88x in 2017!) The ICO handed over millions of dollars to startups in a matter of days while the ruling government initially oversaw the fastest fintech development in history. I decided to raise several million dollars in a short period of time. Countries around the world are considering regulating cryptocurrencies. But as Icon begins to consider billions of dollars worth of funding, regulation is becoming more commonplace as the technology and its underlying effects gain popularity. It wasn't until late 2017 that governments around the world had an opportunity to intervene. China has banned cryptocurrencies outright, while the US Securities and Exchange Commission (SEC) has proposed treating them as securities, highlighting the risks to vulnerable investors. His December warning from SEC Chairman Jay Clayton recently warned investors. Invested funds can be moved abroad quickly without your knowledge
By Bhagirath Roy3 years ago in 01
Prepping for a Cryptocurrency World: China Edition
The market's lackluster performance in 2018 pales in comparison to its stellar thousand-percent gains in 2017. What has happened? Since 2013, the Chinese government has taken measures to regulate cryptocurrency, but nothing compared to what was enforced in 2017. (See this article for a detailed analysis of the Chinese government's official statement) 2017 was a great year for the cryptocurrency market to take notice and grow. Extreme price volatility has forced central banks to take more extreme measures, including banning initial coin offerings (IOS) and cracking down on domestic cryptocurrency exchanges. Shortly thereafter, mining factories in China were forced to close due to excessive power consumption. Many exchanges and factories were moved overseas to avoid regulation, but remained open to Chinese investors. In a recent series of government-led efforts to monitor and ban cryptocurrency trading among Chinese investors, China has deployed its "Eagle Eye" to monitor foreign cryptocurrency exchanges. Expanded. Businesses and bank accounts suspected of conducting transactions or related activities with foreign virtual currency exchanges are subject to measures ranging from restrictions on withdrawal limits to freezing of accounts. Rumors persist in the Chinese community that more extreme measures will be implemented on foreign platforms that allow trading between Chinese investors. " If there are further regulatory actions, we must await orders from higher authorities. " WHY!? Imagine investing your savings in a digital product (in this case, cryptocurrencies) that cannot be verified. If the crypto bubble bursts, he or she could get luck or lose it. Translate this to millions of Chinese citizens, and you're talking billions of Chinese yuan. The market is flooded with scams and pointless IOS. (I'm sure you've heard of someone sending coins to random addresses with the promise of doubling his investment, or doing meaningless IOS). Many inexperienced investors invest money and don't really care about the technology and innovation behind it. The value of many cryptocurrencies is derived from market speculation. Joining his ICO, which includes either a well-known advisor, a promising team, or decent publicity during the crypto boom of 2017, guarantees at least a 3x increase in your investment. The lack of understanding of the company and the technology behind it, combined with the proliferation of Icon, is a recipe for disaster. Central bank members report that nearly 90% of Icons are fraudulent or involve illegal fundraising. In my opinion, the Chinese government wants cryptocurrencies to remain "manageable" and not grow to the point of failure within the Chinese community. China is taking aggressive, controversial but correct steps towards a safer and more regulated cryptocurrency world. In fact, it may be the best move the country has taken in decades. Will China issue an ultimatum and outlaw cryptocurrencies? I highly doubt it, as it would be rather pointless to do so. While financial institutions are currently prohibited from holding crypto assets, individuals can hold them but are not permitted to engage in any form of trading. State-run virtual currency exchange? He got this name because his two major political parties participate in the annual "Two Sessions" (the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPC)). Rice field. In March, heads of state and governments meet to discuss current issues and make necessary legal changes. NPCC member Wang Engine explored the prospects of a state-owned digital asset trading platform and launched a blockchain and cryptocurrency education project in China. However, the proposed platform would require a verified account to allow trading. " With the introduction of relevant regulations and cooperation between the People's Bank of China (BOC) and the China Securities Regulatory Commission (CSRC), a regulated and efficient cryptocurrency exchange platform will become a formal platform for companies to raise funds. (excerpt from Wang Engine's presentation at Two Sessions) But one thing is for sure, everyone is embracing blockchain Despite the crackdown on cryptocurrencies, the Chinese government supports blockchain initiatives and adopted the technology. In fact, the People's Bank of China (BOC) is working on digital currencies and conducting fake transactions with some of China's commercial banks. It is yet to be confirmed whether the digital currency will be decentralized and offer cryptocurrency features such as anonymity and immutability. Anonymity is something China does not want in its own country, so that is just the digital yuan. However, any digital currency created as an alternative to the Chinese yuan is subject to existing monetary policies and laws. People's Bank of China Governor, Zhou Xiaochuan. Source: CNBC" Many cryptocurrencies are experiencing explosive growth, which could have a huge negative impact on consumers and individual investors. We give people the illusion of getting rich overnight. " I don't like products that take advantage of the huge opportunities of speculation (cryptocurrency). " Excerpt from an interview with Zhou Sichuan enduring a media appearance on the People's Bank of China, Zhou Xiaoguang, president, criticized cryptocurrency projects that are taking advantage of the cryptocurrency boom to make money and fuel market speculation, noting that the development of digital currencies is "technically inevitable". Hangzhou, known as Alibaba's headquarters, has listed blockchain technology as one of the city's top priorities for 2018. Chengdu's local government is also proposed to build an incubation center to promote the adoption of blockchain technology in the city's financial services. Local companies such as Tencent and Alibaba are also partnering with blockchain companies or starting their own projects. Blockchain companies like Chains have formed several partnerships with Chinese companies to improve the transparency of their Chinese supply chain. All indications are that China is working towards becoming a blockchain nation. China has always been open to new technologies such as mobile payments and artificial intelligence. Going forward, China will undoubtedly become the first blockchain-enabled country. Will the Chinese government back down and allow its citizens to trade again? Perhaps when the market matures and becomes less volatile, but definitely in 2018. I am currently a student studying in Shanghai. As a tech enthusiast, I am fascinated by the Chinese tech scene.
By Bhagirath Roy3 years ago in 01
Things That Look Positive for Cryptocurrencies
There have been many activities in the market that have turned the time for the better. With the right analysis and the right amount of optimism, anyone who invests in the crypto market can make millions of dollars out of it. The cryptocurrency market will survive for the long term. In this article, we will introduce five positive factors that can drive further innovation and market value in cryptocurrencies.
By Bhagirath Roy3 years ago in 01
Why Should You Trade in Cryptocurrency?
Decrypting Cryptocurrencies We understand that crypto is hidden and currency is a medium of exchange. This is the form of currency used in blockchains created and stored. This is done using cryptographic technology that controls the creation and verification of trading currencies. Bitcoin was the first cryptocurrency to exist. Cryptocurrency is just part of the process of a virtual database running in a virtual world. No real person can be identified here. Also, there is no centralized body regulating cryptocurrency trading. This currency is equivalent to hard gold held by humans, and its value increases exponentially. The electronic system set up by Satoshi is a decentralized system in which only miners have the right to make changes by confirming initiated transactions. They are the only human touch providers in the system. Cryptocurrency counterfeiting is impossible as the whole system is based on hardcore math and crypto puzzles. Only those who can solve these puzzles can make changes to the database, which is nearly impossible. Once a transaction is confirmed, it becomes part of the database or blockchain and cannot be undone. A cryptocurrency is nothing but a digital currency created using coding technology. It is based on a peer-to-peer control system. So let's figure out how to profit from trading in this market. Cannot be reversed or counterfeited: Many can argue that transactions made cannot be reversed, but the best thing about cryptocurrencies is that transactions are confirmed once. . A new block is added to the blockchain, making it impossible to forge transactions. You become the owner of this block. Online Trading: Not only does this allow you to trade anywhere in the world, it also speeds up the processing of your transactions. Unlike real-time where a third party must be involved to buy a house or gold or take out a loan, with cryptocurrencies all you need is a computer and a potential buyer or seller. The concept is simple, fast, and full of ROI prospects. Low fees per transaction : Miners charge little to no fees during transactions, as they are handled by the network. Accessibility: The concept is so convenient that anyone with access to a smartphone or laptop can access and trade the cryptocurrency market anytime, anywhere. This accessibility makes it even more advantageous. Many countries, such as Kenya, have adopted his Mesa system because the ROI is laudable. This has enabled a Bitcoin device that allows one in three Kenyan girlfriends to carry a Bitcoin wallet. Cryptocurrencies are undoubtedly a revolutionary concept and will grow rapidly in the coming years. At the same time, the concept is somewhat vague and new to most people. We bring you cryptocurrency news to help you understand how it all works. This will give you information about all types of cryptocurrencies that dominate the market, including Bitcoin news. Go ahead and enlighten me a bit more on what this whole concept is and how it can help you. Why Day Trading Crypto? Is to make a profit. Cryptocurrency prices are more volatile than any other asset class, and this presents an opportunity for traders with market knowledge. As long as you have a solid crypto day trading strategy and can analyze trends, the crypto market could be in your favor. Day trading cryptocurrencies is also a great short-term opportunity. Instead of buying, holding, or taking a long position, you can trade at such a short time in the day and profit from the market. Crypto Day Trading Strategy As mentioned earlier, day trading of crypto assets like Bitcoin can only be successful if you have the right crypto day trading strategy. Below, we outline three strategies that can help you increase your profits from day-trading in the market. You can exit trades within minutes of entering them and earn a small profit in the process. Some scalpers use trading bots to automate their trading activities and make them more convenient. Ideally, scalpers try to make small profits. They "sarcasm" the market for small opportunities. Profits from this strategy are usually very small, so scalpers need huge amounts of capital to generate returns.
By Bhagirath Roy3 years ago in 01
Legal Status Of Virtual Currencies/Cryptocurrencies In India
This is a complete hoax, as investors have been involved in this fantastic money-making process for quite some time. If you put aside Ponzi MM based projects in India and the world and choose cryptocurrencies wisely, there is no such problem at all. For those who are still worried about this upcoming dynamic market, we will try to cover all aspects of cryptocurrency legalization in India. China has already banned and regulated the trading of cryptocurrencies, but Japan has taken the first initiative to regulate these currencies. The US and Australia have already created guidelines to regulate them as soon as possible. Fintech Valley Via, a flagship initiative of the Government of Andhra Pradesh, J.A. Chowder, his IT advisor to CM, is involved in building a solid foundation for the development and adoption of blockchain technology by Indians. There are also plans to open a school to teach blockchain to the younger generation. It is therefore understandable that the country will welcome blockchain and projects based on it once this level of strategy is developed and implemented. There is no doubt that cryptocurrencies will soon be regulated as well. At KPMG's fintech event, RBI CEO Sudarshan Sen said: A substitute for the Indian Rupee. We are looking into this. A statement was issued stating that the RBI does not accept any liability for investors who choose cryptocurrencies. While the Indian government is watching the growth of cryptocurrencies in the country with a mixture of fear and intrigue, local startups are leading the way in integrating Bitcoin and other cryptocurrencies into India's high digital ambitions. Increase. If you look closely, you can see that various cryptocurrency projects are already working in the market, such as Nicotine (virtual currency) and eBay (bitcoin exchange). Notably, Incoming successfully completed a pre-sale and his ICO, selling over 95% of his available tokens. This figure clearly shows that investors not only from India but from all over the world are very supportive of this project. Nicotine is traded on HewITT and various major exchanges around the world. Regulation will take time, but investors will still be able to trade Incoming. Since the transaction is not legal tender, domestic law itself is not compromised. His Repay, a bitcoin exchange, has been active for a long time. They are licensed to operate in the market and are doing great. Therefore, if a project like Incoming or Zebra can build a platform and attract customers by creating a solid awareness, it will encourage future investment in cryptocurrencies. If you go to bitcoin talk and look up the regulations in India, you'll notice some expert comments that mostly contain motivations for continuing to trade cryptocurrencies. Of course, India is not a communist country like China. In China, only one regime decides the fate of the country. It is a democratic country and when the whole system welcomes cryptocurrency, no government can deny it. Regulations coming soon. The framework will come into force shortly after the Commission decides on the standards to set. Whatever the regulations, one thing is certain: trading will not stop, and projects like Incoming will generate a lot of hype in the market. So I think everyone should sit back and get ready to witness a whole new era of cryptocurrencies and digitization. Everything will be different and better. The Fintech industry shows promising results with innovation and advancement in the Indian tech sector. Cryptocurrencies such as Bitcoin, Ripple and Decoding have seen a surge in interest and popularity among Indian individuals, significantly increasing the amount of time and money people invest in these digital currencies. The legality of cryptocurrencies in India is a hot topic. The Indian government has enacted a series of laws clarifying its intention to give cryptocurrencies a recognized legal status. The Indian government set up a high-level inter-ministerial committee in November 2017 to report on a number of concerns surrounding the use of cryptocurrencies. The commission later released a report in July 2019 proposing a total ban on private cryptocurrencies in India. Interestingly, even before the release of the Inter-Ministerial Committee report, the RBI announced in April 2018 that all commercial and credit unions, microfinance banks. Please note that we issued a notice prohibiting us from doing business without It also contains instructions to stop providing services to all entities dealing with virtual / digital currencies, not just the currency itself. As a result, the growth of cryptocurrency business in India was hampered as exchanges required banking institutions to send and receive funds. In response, the cryptocurrency trading platform has submitted a written application to the Supreme Court. In the case of the Internet and Mobile Association of India v. Reserve Bank of India, the Supreme Court ruled that his RBI circular was unconstitutional and overturned the ban. The Supreme Court has ruled that while cryptocurrencies have not attained legal tender status, they do have a digital representation of value and may serve as a medium of exchange, unit of account, and/or store of value. Did. The "Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" (" New Bill") is currently under review by the Government of India. While promoting the development of an official digital currency issued by the FBI, the new law bans private cryptocurrencies in India with few exceptions, facilitating cryptocurrency trading and its underlying technology. Purpose. A new law addresses the lack of cryptocurrency regulation and proposes a complete ban on all private cryptocurrencies. The FBI is still unsure whether the type of cryptocurrency falls under the definition of private cryptocurrency, leading to a dichotomy in the proposal of the new bill. In March 2021, under the latest amendments to Schedule III of the Companies Act 2013 The Government of India will require companies to disclose profits or losses from cryptocurrency trading from the start of the new financial year. Instructed. Holdings and details of deposits or advances made by persons trading or investing in cryptocurrencies. Virtual currency holders must also provide details of holdings, deposits and advances made by each person for the purpose of trading or investing in virtual currency. In the Federal Budget 2022, Indian Finance Minister Animals Sitharaman said," Proceeds from the transfer of virtual digital assets should be taxed at a rate of 30%. " In addition, he is proposing to impose a 1% withholding tax on cryptocurrency transactions. Furthermore, the minister stressed that taxing virtual digital assets does not mean that cryptocurrencies have been officially recognized as legal tender. Investors in private crypto should be aware that the government does not allow it. There is no guarantee that your investment will be profitable or unsuccessful. You can lose money and the government is not responsible for it. Governments must take effective steps towards proactive cryptocurrency regulation and enforcement in order to gain investor and public confidence in the country's development.
By Bhagirath Roy3 years ago in 01
Fear Not, China Is Not Banning Cryptocurrency
itcoin has captured the world's attention as a use of blockchain technology and as an alternative to fiat currencies and commodities. Dubbed the next best technology after the internet, blockchain has provided solutions to problems that we have left unaddressed or ignored for decades. I won't get into the technical side of things, but here are some articles and videos I recommend. Work?? Fast-forward to today, February 5th, to be precise, the Chinese authorities have released a new cryptocurrency ban rule book. The Chinese government was already doing this last year, but many are avoiding it through foreign exchange. We are now ordering the all-powerful "Chinese firewall" to block access to foreign exchange and prevent citizens from making cryptocurrency transactions. To learn more about the Chinese government's stance, let's go back to 2013, when Bitcoin became popular among Chinese citizens and its price skyrocketed. Concerned about price volatility and speculation, the People's Bank of China and five other government ministries released an official notice in December 2013 titled "Notice on Preventing Financial Risks of Bitcoin" (link is Mandarin). Several points were highlighted: 1. Due to various factors such as limited supply, anonymity and lack of a centralized issuer, Bitcoin is not an official currency and cannot be used on open markets. Virtual assets. 2. All banks and financial institutions are not authorized to provide Bitcoin-related financial services or engage in Bitcoin-related trading activities. 3. All businesses and websites offering bitcoin related services must be registered with the required ministries4. Due to the anonymity and cross-border nature of Bitcoin, organizations providing Bitcoin-related services must implement preventive measures such as KYC to prevent money laundering. Any suspicious activity such as fraud, gambling or money laundering should be reported to the authorities. 5. Organizations providing Bitcoin-related services should educate the public about Bitcoin and the technology behind it, and should not mislead the public with false information. Simply put, Bitcoin is classified as a virtual commodity (such as in-game credit) that can be bought and sold in its natural form and cannot be exchanged for fiat currency. It cannot be defined as money as it serves as a medium of exchange, a unit of account and a store of value. The notice dates back to 2013 but is still relevant regarding the Chinese government's stance on Bitcoin and, as mentioned above, makes no mention of a ban on Bitcoin and cryptocurrencies. Rather, regulation and education on Bitcoin and blockchain will play a role in the Chinese crypto market. A similar notice was issued in January 2017, again emphasizing that Bitcoin is a virtual commodity and not a currency. In September 2017, due to the initial coin offering (ICO) boom, another notice was released entitled "Notice on the Prevention of Financial Risk of Issued Tokens". Shortly thereafter, Icons were banned, and Chinese exchanges were investigated and eventually shut down. (hindsight is 20/20. They made the right decision to ban his ICO and stop stupid gambling). In January 2018, another blow was dealt to the Chinese cryptocurrency community when mining operations faced serious raids due to excessive power consumption. While there is no official explanation for cracking down on cryptocurrencies, capital controls, illegal activities, and protecting citizens from financial risks are some of the main reasons given by experts. In fact, Chinese regulators have introduced tighter controls, such as foreign withdrawal caps and restrictions on foreign direct investment, to limit capital outflows and secure domestic investment. The anonymity and ease of cross-border transactions also make cryptocurrencies a popular means of money laundering and fraud. At its peak, China accounted for over 95% of her global bitcoin trading volume and her three-quarters of mining operations. As regulators stepped in to control trading and mining operations, China's dominance has dwindled significantly in exchange for stability. The future of cryptocurrencies is being cast a shadow as countries such as South Korea and India lag behind in cracking down. (Here I repeat my point: States regulate cryptocurrencies, not ban them). No doubt more countries will join in the coming months to help contain the turbulent crypto market. Indeed, some orders were long overdue. Over the past year, cryptocurrencies have experienced unprecedented price volatility, with IOS happening literally every other day. The 2017 market capitalization increased from $18 billion in January to an all-time high of $828 billion. Despite the crackdown, the Chinese community is surprisingly thriving. The online and offline communities are thriving (I personally attended some events and visited some companies), and blockchain startups are booming all over China. Leading blockchain companies such as NEO, TUM and Chains have attracted a lot of attention in the country. Startups such as Nebulae, High Performance Blockchain (HUB) and Bib ox are also gaining momentum. Even giants like Alibaba and Tencent are exploring the potential of blockchain to power their platforms. The list goes on and on, but you get my point. Be Buggy! The Chinese government has also adopted blockchain technology and has stepped up its efforts in recent years to help build a blockchain ecosystem. China's 13th Five-Year Plan (2016-2020) calls for the development of promising technologies such as blockchain and artificial intelligence. We also plan to strengthen our research on the application of fintech in regulation, cloud computing and big data. Even the People's Bank of China is testing a prototype blockchain-based digital currency. However, it has yet to see acceptance by the Chinese public as it is likely to be a centralized digital currency with cryptographic technology. The Blockchain Technology and Industry Development Forum is part of other initiatives by the Chinese government to support blockchain development in China. A recent report by the China Blockchain Research Center titled "China Blockchain Development Report 2018" details the development of the blockchain industry in China in 2017. In a separate section, the report highlights the optimistic outlook for the blockchain industry and the significant attention it received from VCs and the Chinese government in 2017. In summary, despite its enforcement, the Chinese government has taken a more positive stance on blockchain technology than on cryptocurrencies and mining businesses. China wants to control cryptocurrency and China will control it. Repeated enforcement by regulators should protect citizens from cryptocurrency economic risks and limit capital outflows. Currently, it is legal for Chinese citizens to own cryptocurrencies, but they are not allowed to conduct transactions. Hence, the ban on exchanges. There is no doubt that the Chinese cryptocurrency market will make a comeback once the market stabilizes in the coming months (or years). Blockchain and cryptocurrencies go hand in hand (except for private chains that don't require tokens)
By Bhagirath Roy3 years ago in 01
Candidate Experience and It's Importance
As organizations around the world are requesting that their employees to work from home, recruitment specialists and talent acquisition teams are rapidly adjusting to an all-virtual world. Numerous components of the recruiting procedure are generally simple to make completely online — up close and face to face candidate gatherings have been replaced with video interviews and online assessment tools which can help assess a candidates’ abilities.
By mayank kejriwal3 years ago in 01
