#What are The Benefits of Cryptocurrency for Consumers & Businesses?
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Understanding How Cryptocurrency is Disrupting the Global Economy
What is Cryptocurrency and How Does it Impact the Global Economy? Today We are Going To Discuss How Cryptocurrency is Disrupting the Global Economy. A cryptocurrency is a digital form of money that uses cryptography for security and is powered by blockchain technology. It has the potential to revolutionize the global economy, as it offers a secure and transparent way of conducting financial…

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#cryptocurrency is disrupting the global economy#How Cryptocurrency is Challenging & Changing Traditional Banking Systems#How Cryptocurrency is Disrupting The Global Economy#impact of cryptocurrency on business#impact of cryptocurrency on economy#positive impact of cryptocurrency on economy#What are The Benefits of Cryptocurrency for Consumers & Businesses?
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Your wages will not make you rich, Your investment will.
IncomeB
Economists always imply that you don't ever have only 1 source of income, this can be even more applicable in a recession. There are always good reasons for you to have several streams of revenue. Records of financial both crypto and traditional financial documents reveal an unpleasant result for people who rely on just one source of income instead of learning several ways to make money online.
online investment
With IncomeB, everybody now has quite a reliable source of secondary income relating to money investment that could help them during economic meltdowns or even devastating recessions.
Our Independent Project
We're working on innovative strategies aimed at handling antimicrobial resistance (AMR) with the execution of artificial intelligence and Big Data. The largest threat to humanity today is antimicrobial immunity which claims millions of lives in an yearly basis and the numbers keep rising.
By taking advantage of features like profound learning, big data, and machine learning from our research efforts, we could develop many promising programs from the evaluation of medicinal compounds to predicting how successful a drug can be. Artificial intelligence and large data assist a lot in reducing the typical R & D cycle period, impairs precision, and reduces overall costs of operation.
IncomeB is just one of the members of this well-respected AMR Industry Alliance that was established in 2016 to combat antimicrobial resistance. This is the largest private-sector alliance of its own type.
Why Pharma Remains Particular
When market booms, procyclical businesses post remarkable results. On the flip side, in a recession, it is the counter-cyclical companies that do nicely. Some businesses are not affected by these economic cycles and they are known as acyclical businesses, one is the pharmaceutical sector.
As savings enter recessions repeatedly, the pharma sector has been in a position to demonstrate unusual resilience. The pharma industry by nature does not rely on the demands from consumers and this is because purchasing medicines is not the same as buying a vehicle.
WHO WE ARE
We are a Bio-Pharma Start-Up
Our main work is the provision of research and development support to prominent pharma businesses. Revenue generation with this particular pharma investment is via the development of new medications and testing through all of the trial periods then onward sales to the Big Pharma enterprises.
How are we applicable to Big Pharma?
Without mincing words regarding pharma investing, start-ups like us are 500% more successful when it comes to the productivity of research and development compared to Big Pharma companies. For this reason, Big Pharma has withdrawn itself from doing some other pharma invest in this market for the past 15 years. Comparatively smaller ventures like ours are now the winners when it comes to the initial development of new drugs and we assist those interested in maximizing their passive income sources.
Furthermore, Big Pharma companies are not flexible. Every step is laced with one bureaucratic barrier or the other and it is more than frustrating for pharma investors. From innumerable red tapes into office politics and constant changes in internal policies to aversion for dangers and endless witch-hunting by government agencies or even competitions, large pharmaceutical companies are not in the best position to concentrate correctly on the early growth of drugs. For these reasons, they are shifting their attention on other areas that may certainly please their investors better.
Therefore, Big Pharma brands have opted to enter into collaborations with and investments in startups and licensing technology to satisfy their requirements. In IncomeBwe work with some of these major Pharma companies in addition to offering our development and research services to fulfill their requirements as far as passive income thoughts are involved.
Major Pharma brands are also about making profits and by coping with ventures like us, they can minimize risks and in the long run, get to optimize all the profit. Big Pharma companies are also able to avoid the complex tasks of the premature development of medication as all that is carried out by startup businesses like us.
How It Works When You Purchase
Everyone Wins
Our theory is the creation of a dependable and sustainable secondary source of income for those investors. However, not only the investors profit, as we're also able to fund our research also. As a result of our understanding, we have been able to design the conventions and rules so stakeholders can invest money without any stress. Even though we're not promising impossible rates, you can be certain of getting consistent and regular yields with us. Now's the opportunity to become rich with passive income and with us, you will learn on how to make investments.
Simple Plan
Virtually anybody can decide to invest with as much as $50 and get a daily return of 1.25% for 365 days. Investors may also receive a 10% bonus each time they refer an investor .
There are ambitious plans in place for this particular project. At the second portion of 2020, we will release our Ethereum-powered smart token. This will be alongside other significant statements however, the tentative token will be priced at 0.0025 USD with the launch date adjusted for November 2020.
By taking advantage of an Ethereum-powered smart token, many benefits and benefits come with that. To begin with, there is absolutely no centralization of the digital currency, unlike conventional fiat currency. Also, by taking advantage of a token powered by Ethereum, all stakeholders are able to make use of what is called a wise contract, a type of trade where everyone is able to observe and follow all activities involved in the deal.
Another significant benefit of this sort of currency is security. Since the money is digital and electronic, it's very secure to use and cannot be compromised, contrary to other regular fiat currencies. The security that comes with the smart token is just one of its very best selling points -- and for obvious reasons.
Token
A superb product or service is the one that links the customers to the future.
Even though a great deal of controversies have been hovering around the state and nature of cryptocurrencies, what's incontrovertible is that they are going to determine the future of monetary transactions.
For those familiar with history, reserve currencies changed in the gold standard to the buck set up today and it will still change. A major financial crisis will erode the power of the United States dollar and other fiat currencies meaning there will be a need for a replacement. Many analysts and financial experts have the solid opinion that cryptocurrencies are already in the best position to become another world reserve currency.
Hence, to prepare our customers for this particular much-expected future and also allow them to enjoy all the gains of cryptocurrencies, we're coming up with our cryptocurrency predicated on Ethereum blockchain technologies that's famous for being protected and resourceful.
The plan in place would be to establish our cryptocurrency near the end of 2020, specifically around November when the window is going to be opened for everyone to earn money and crypto invest. It is going to also be published with all our white paper which is visible on the roadmap. Stakeholders can get complimentary tokens by taking part in the investment plan, see more details in the How It Works section. Extra details on the token will be published soon on this site so please watch out.
We are taking time to come out with a correct token and it's because we're coming up with a solid digital token that we've put the launch time to be around the end of 2020. We are not rushing to provide a less-than-perfect cryptocurrency but we want something which will last and provide us the value we would like.
Roadmap on How to Invest
Those with goals make it in life because they know precisely where their destination is and they also produce and design on how best to attain those goals. Additionally, every enterprise on the best way best to purchase and where to invest has its own goal and vision, which may only be reached by implementing a plan. As with other investment companies, there's a road map in place to direct at each stage.
Our roadmap is a well thought out strategy and a compass which guides us directly towards our objective. This roadmap assists us to identify exactly what to focus on, as nothing can be achieved without attention. With this roadmap, we never eliminate focus, and eventuallywe could achieve all the goals which were outlined.
Various individuals have different outcomes when it comes to the world of investments. Some have been in a position to make huge profits when it comes to investing here and there. Then some others ended up with nothing but enormous losses. There are all sorts of investment firms but not everybody knows where to make investments.
If it comes to income investment, one must make really smart decisions. Knowing the strategies of investing or having the finance invest become positive once you are receiving the results in terms of gains and yields that swell your accounts.
The difference between an effective investment and one that is not is just the sort of roadmap that has been used and put in place. At IncomeBwe make use of nothing but the best and time consuming roadmap. Thus our investors are certain of having really impressive returns with their investments with us. What makes an investment value it isn't just the one-time yields but steady returns over time. With your investment at IncomeB, you receive all these and even a lot more.
Wealth Management
There is most likely no age or period in time when one ought to have another income than now. You need to seriously understand how to invest money and earn huge profits in the form of secondary income and a very good return on investment. For those who are asking themselves where can I invest my money or people who aren't sure of which investment plans 2020 to implement, IncomeB will be the best bargain for them all.
Even though now we can't name these on our management group, our standing as a good stealth startup is intact. We're adopting this manner so that we can carefully implement the best principles of wealth direction.
One of the secrets of the wealthy men and women, when compared with the bad, is that the former can afford money a ton better than the bad. Wealth and its management are why a few are wealthy and others are in poverty. Making money is one thing but being in a position to manage and grow these financial assets is another thing completely.
What is a Stealth Start-Up?
To explain it in the simplest of terms, a stealth startup is a sort of startup firm that deliberately shies away from all kinds of marketing -- for different reasons.
As hinted earlier in the home page of the site, we are best described as a biopharma startup and we are mainly into early-stage research and development (better called R&D) of pharmaceuticals. Our clients are primarily major Pharma companies. Working at the stealth mode is not uncommon in the pharma industry, particularly for those in the study and development component. Rather than making sound all over the place, they quietly concentrate on their research work, softly enter into partnerships and wait patiently till an ideal product is prepared before going public with it.
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Your salary doesn't make you wealthy, Your investment will.
IncomeB
Economists always imply that you don't ever have only one source of income, this can be even more applicable in a recession. There are always good reasons for you to have multiple streams of income. Records of fiscal both crypto and traditional financial documents reveal an unpleasant outcome for people who rely on just one source of income instead of learning several ways to make money online.
online investment
With IncomeB, everyone now has a very reliable source of secondary income relating to money investment that can help them during economic meltdowns or perhaps catastrophic recessions.
Our Independent Project
We are focusing on innovative strategies aimed at handling antimicrobial resistance (AMR) with the implementation of artificial intelligence and Big Data. The largest threat to humankind today is antimicrobial immunity which claims millions of lives in an annual basis and also the statistics keep increasing.
By taking advantage of attributes like profound learning, big information, and machine learning from our study efforts, we could come up with many promising programs from the evaluation of medicinal chemicals to predicting how effective a drug can be. Artificial intelligence and big data help a lot in reducing the typical R & D cycle period, optimizes precision, and also reduces overall costs of operation.
IncomeB is just one of those members of this well-respected AMR Industry Alliance that was established in 2016 to combat antimicrobial resistance. This is the largest private-sector alliance of its own kind.
Why Pharma Remains Particular
When economy booms, procyclical businesses post remarkable results. On the other hand, in a recession, it's the counter-cyclical companies that do well. Some companies aren't affected by these economic cycles and they are known as acyclical businesses, one is the pharmaceutical industry.
As savings enter recessions repeatedly, the pharma sector has been able to demonstrate uncommon resilience. The pharma sector by nature doesn't rely on the requirements from customers and this is only because purchasing medicines isn't the same as buying a car.
WHO WE ARE
We're a Bio-Pharma Start-Up
Our main work is the supply of development and research support to prominent pharma businesses. Revenue generation with this particular pharma investment is through the creation of new medications and testing through all of the trial periods then onward earnings to the Big Pharma enterprises.
How are we relevant to Big Pharma?
Without mincing words concerning pharma investing, start-ups like us are 500% more effective when it concerns the growth of research and development than the major Pharma companies. Because of this, Big Pharma has tactically withdrawn itself from doing some other pharma invest in this market for the past 15 decades. Relatively smaller ventures like ours are now the winners when it comes to the first development of new medications and we assist those interested in optimizing their passive income sources.
What's more, Big Pharma companies are not flexible. Every measure is laced with a single bureaucratic barrier or another and it's more than bothersome for pharma investors. From innumerable red tapes into office politics and constant changes in internal policies to aversion for risks and endless witch-hunting by government agencies or even rivals, large pharmaceutical companies aren't in the best position to focus properly on the early growth of drugs. For these reasons, they're shifting their attention on other regions that may certainly please their investors improved.
Therefore, Big Pharma manufacturers have opted to enter into collaborations with and investments in startups and licensing technology to meet their requirements. At IncomeBwe work with some of these Big Pharma companies in addition to offering our development and research services to fulfill their needs as far as passive income ideas are involved.
Major Pharma brands are also about earning profits and by working with ventures like us, they can minimize dangers and in the long run, get to maximize all the profit. Big Pharma companies are also able to avoid the complicated tasks of the premature development of medication since all that is done by startup enterprises like us.
How It Works When You Purchase
Everyone Wins
Our theory is the introduction of a dependable and sustainable secondary source of earnings for the investors. But not only the investors gain, as we're also able to finance research also. As a consequence of our understanding, we've been able to design the conventions and rules so stakeholders can invest money with no stress. Even though we're not promising impossible rates, you can be sure of getting consistent and regular returns . Now is the time to become wealthy with passive income and also with us, you are going to learn all on how to invest.
Simple Plan
Virtually anybody can decide to invest with as low as $50 and receive a daily yield of 1.25% for 365 days. Investors may also get a 10% bonus each time they refer an investor .
The Future of IncomeB
There are ambitious plans set up for this particular project. In the second portion of 2020, we will release our Ethereum-powered smart token. This will be along with other major announcements but the tentative token will be priced at 0.0025 USD together with the launching date adjusted for November 2020.
By taking advantage of an Ethereum-powered smart token, several benefits and advantages come with it. To begin with, there's no centralization of the electronic currency, unlike traditional fiat currency. Additionally, by taking advantage of a nominal powered by Ethereum, all stakeholders can make use of what is known as a wise contract, a type of transaction where everyone can observe and follow all activities involved in the offer.
Another significant advantage of this kind of money is security. Because the money is digital and digital, it is very safe to use and cannot be compromised, unlike other regular fiat currencies. The security that includes the smart token is just one of its best selling points -- and for obvious reasons.
Token
A superb service or product is the one that links the customers to the future.
Even though a lot of controversies are hovering around the state and nature of cryptocurrencies, what's incontrovertible is they will ascertain the future of financial transactions.
For those familiar with history, reserve currencies shifted in the golden standard to the buck in place now and it'll still change. A major financial crisis will erode the power of the United States dollar and other fiat currencies meaning there will be a demand to get a replacement. Many analysts and financial experts have the solid opinion that cryptocurrencies are already in the best position to become another world reserve currency.
Hence, to prepare our clients with this particular much-expected future and also allow them to enjoy all of the benefits of cryptocurrencies, we are thinking up our cryptocurrency predicated on Ethereum blockchain technologies that's famous for being secure and resourceful.
The plan in place would be to set our cryptocurrency towards the end of 2020, specifically around November when the window is going to be opened for everyone to earn money and crypto invest. It is going to also be released with our white paper which is visible on the roadmap. Stakeholders can get free tokens by taking part in the investment program, see more information in the How It Works section. Extra details about the token will be published soon on this site so please watch out.
We're taking time to come out with a correct token and it is because we are coming up with a strong digital token that we have placed the launch time to be around the end of 2020. We aren't rushing to provide a less-than-perfect cryptocurrency however we need something that will last and give us exactly the value we want.
Those with goals make it in life because they know exactly where their destination is and they also produce and design on how best to achieve those aims. Also, every venture on how to purchase and where to spend has its own goal and vision, which can only be reached by implementing a strategy. Like other investment firms, there is a road map in place to guide at every stage.
Our roadmap is a well thought out plan and a compass which guides us directly towards our goal. This roadmap helps us to identify what to concentrate on, as nothing can be achieved without focus. With this roadmap, we never lose focus, and eventually, we could achieve all of the goals that have been outlined.
Various people have different outcomes when it comes to the world of investments. Some have been in a position to make huge gains in regards to investing here and there. Then others ended up with nothing but massive losses. There are all sorts of investment firms but not everyone knows where to make investments.
If it comes to income , one has to make really smart choices. Knowing the strategies of investing or using the finance invest become positive once you are receiving the results in terms of gains and returns that swell your account.
The distinction between an effective investment and one which is not is only the sort of roadmap that was used and put in place. In IncomeB, we make use of nothing but the best and time consuming roadmap. Henceour investors are certain of getting very impressive returns using their investments with us. Why is an investment value it isn't just the one-time yields but steady returns over time. With your investment at IncomeB, you receive all these and just far more.
Wealth Management
There's most likely no era or time period when one ought to have a second income than now. You have to seriously learn how to spend money and make huge profits in the form of secondary income and a very good return on investment. For those who are asking themselves where do I invest my money or people who aren't certain of which investment plans 2020 to execute, IncomeB will be the best bargain for them all.
Although now we can't name these on our management group, our status as a good stealth startup is undamaged. We're adopting this manner so that we could carefully implement the very best principles of wealth direction.
One of the secrets of the wealthy people, compared with the poor, is the former can afford money a lot better than the bad. Wealth and its direction are why some are rich and others are in poverty. Making money is one thing but being in a position to handle and grow those monetary assets is another thing completely.
What's a Stealth Start-Up?
To describe it in the simplest of terms, a stealth startup is a kind of startup company that deliberately shies away from all kinds of marketing -- for various reasons.
As hinted before from the home page of the site, we're best defined as a biopharma startup and we are largely into early-stage research and development (better called R&D) of pharmaceuticals. Our clients are primarily Big Pharma companies. Working at the stealth mode is common in the pharma sector, especially for those from the research and development part. Instead of making noise throughout the place, they gently focus on their research work, softly enter into partnerships and wait until a perfect product is prepared prior to going public with it.
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New Post has been published on http://cryptonewsuniverse.com/what-is-cred-decentralized-crypto-lending-amp-borrowing-platform/
What is Cred? Decentralized Crypto Lending amp Borrowing Platform
What is Cred? Decentralized Crypto Lending & Borrowing Platform
If you want to gain from your crypto holdings, Cred is one of the best platforms to earn interest on tokens. Read on for our Review
If you haven’t heard of Cred, that may change in the near future.
Cred is a growing crypto-focused company that is developing a range of solutions for crypto holders, borrowers, and real-world merchants. The company has ambitious goals and has attracted some of the top talent in the digital payments industry to its team. The company started in 2018 under the name Libra Credit but has since changed its name to Cred. It is well funded and has a realistic business model that may grow quickly over the next few years. All of Cred’s activities focus on making cryptos a mainstream way to save, lend and pay, which could propel the company into a leading position in the digital payments space. The original idea that launched the company was simple: make lending and borrowing simple.
Cryptos allow people to connect globally, and address some of the inefficiencies that exist in the banking industry. If a person wants to make a loan to someone in another country, it is almost impossible to do that at a retail level in the current financial system. Earn interest on your crypto deposits. The global economy would benefit from a deeper credit market, especially if banks are removed from the equation. Cred is addressing this opportunity, and it isn’t the only area that the company is working to improve.
Cred is Making Cryptos Work
Cred is working to create solutions for everyone in the crypto ecosystem, and also make cryptos a realistic way for people to spend on everyday items. If you want to gain from your crypto holdings, Cred is one of the best platforms to earn interest on tokens. Cred also has ways for people and businesses to borrow in tokens, which may be cheaper than fiat borrowing options. Let’s have a quick look at some of the ways that Cred is taking the crypto economy mainstream.
For Crypto Holders
Most of the people that hold tokens are hoping for the price to rise. While this is likely to happen, it is also worth looking for ways to make a passive income from interest on your token reserves. Cred allows crypto holders to do just that, and it also works with an established insurance company to offer a higher level of security to its depositors. Depending on the token and amount that is on deposit with Cred, token holders can earn as much as 10% per year on their portfolio. Combined with increasing prices, this makes cryptos one of the most attractive assets in the market. While rising token prices aren’t guaranteed, the interest that a depositor receives will them to wait.
How Cred Works
For Borrowers
Access to credit is the lifeblood of any business and is also necessary for many individual purchases as well. Cred is creating ways for borrowers to access credit globally with crypto lending, and also crypto-to-fiat where regulations allow it. The net result is an entirely new source of credit, which is always good for borrowers.
For Merchants
One of the biggest things holding crypto back is their inability to be used by regular people for everyday purchases. Most people don’t know how to use Bitcoin at their local coffee shop, and it is much easier to just pull out a Visa card and pay. Cred is working to change this and has shown that it is possible in California, where its system is used by the Cannabis economy, as it has been shut out of the US banking system.
Cred Milestones
Cred just published a yearly update on their blog. In less than one year they reached profitability and signed up customers in over 190 countries and 29 US states. We also secured the California Lender’s License, added BitGo as a custody provider, and Lockton as our insurance provider.
Top Level Talent
Cred has been extremely successful in advancing its goals and attracting bright minds with lots of experience in the digital payments space. Last year the company was able to welcome talented professionals to its team, who have extensive experience in
the digital payments space.
According to Scott Thompson, who was the President of PayPal and CEO of Yahoo!: “This is one of the strongest executive teams I’ve encountered in the crypto and blockchain industry…Lu Hua, Dan Schatt and many of the individuals at Cred are former PayPal executives during my tenure. I have no doubt they will bring the same energy, commitment and results to Cred as they did at PayPal.”
Today, Thompson is an adviser to Cred, but he isn’t the only top-tier professional that is helping the company grow. Last year Maxim Rohkline joined the team as Chief Product Officer, James Alexander became the Chief Capital Officer, and Richard Oh was hired as GM
for Asia operations.
Joe Podulka, another Cred team member, had this to say about the company: “Cred is solving concrete problems for individuals, companies, and governments…Cred combines the best of blockchain and the best of traditional finance, to offer superior financial services and is insured, licensed, and compliant. It’s a pleasure to be a part of this winning team.”
Dan Wheeler is the General Counsel for Cred and a lawyer with lots of experience representing the financial industry. He was also the Chairman of the Financial Institutions Committee of
the California State Bar.
Wheeler commented:
“I’ve seen many fintech and blockchain companies come across my desk as head of Bryan Cave’s Fintech practice but Cred stood out from the pack…Cred’s unique combination of global talent, growth potential, and collaborative working relationships with regulators, politicians, investors and partners is a winning formula that led me to join this highly competent team. Cred has a highly sustainable model and I expect it will have great success in the years to come.”
Cred is Expanding Possibilities
The scope of the change that Cred is working to create is large, but its reach may easily fall within its grasp. Cred already has lending facilities in excess of $250 million USD, and it is a profitable company. It is highly unlikely that the company would be able to attract the team it has put together if its goals were unrealistic. Cred has a number of other projects, and also a token that trades as ‘LBA’. The world is ready for an integrated financial platform that leverages the inherent strengths that cryptos possess, and Cred appears to be working on how to roll out a platform that could be used by both retail-level clients and larger businesses.
New Markets on the Horizon
One of the most attractive aspects of the platform that Cred designed is the potential for it to become not only a payment platform but also an international market for credit. In many ways, the global financial system has created a situation that is easy to innovate in, as it is largely controlled by a handful of monopoly-level banks. In addition to more expensive credit, these conditions also make the cost of consumer lending artificially high. Much in the same way that modern electronics have dropped the cost (and increased the flow) of sharing information, cryptocurrencies promise to do the same thing for capital.
There are literally billions of people who do possess the electronics necessary to participate in the global crypto ecosystem, and Cred is creating the tools that will allow finance to grow across borders, and beyond the reach of entrenched interests. If you would like to learn more about Cred, check out its whitepaper by clicking right here. You can also visit its homepage here, and find contact information for the company. Cred offers a range of services, and it may be able to help you to integrate cryptos into your life or business.
Article Produced By Nicholas Say
Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
https://blockonomi.com/cred-review/
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Applying for a personal loan online can sometimes be an easier task than getting home décor ideas implemented. Not all salaried millennials blessed live in a large house. There are many who live in joint apartments with a colleague, or live in quaint guest houses. For the ones living in an apartment, the choices to get their home decorated are limited. We look at some simple home décor ideas that can elevate the beauty of your dull apartment.
Home Décor Ideas
While you cannot increase the square footage in your apartment, there are certain things you can do to get the right feel within it. The key is to take advantage of the largest open spaces in your apartment – the walls.
Empty walls possess endless possibilities. With a good choice of color, you can make a small apartment feel stylish and cozy. No matter what style and color preference, your personality and creative ideas will amp up the walls. If you are a nature enthusiast, put up creepers. If you are a book lover, place a shelf on the wall. Add a wallpaper or get some stenciling done. Don’t forget the ceiling.
Wall Hanging
You can make use of the funds received from Loan Singh to purchase beautiful large-scale wall art. An oversized painting or a wonderful sketch can be hung neatly. This will not just command attention towards the otherwise empty wall but also set a nice tone to the small space within the apartment. The art can either be a black-and-white picture or a colorful abstract piece.
Gallery Wall
Nothing adds more personality and color than a gallery wall. A gallery wall is a collection of photographs, wall hangings or art. Cohesive frames bring in an array of subtle variations to the mix.
Fabric Showcase
A tapestry is perfect for adding a pattern or specific color. It also adds a sense of softness to the wall. Try framing vintage scarves of your favorite football club or any memorabilia. Even in case of shifting your apartment, fabrics are easier to transfer.
Mirrors & Murals
Mirrors reflect light which automatically make a small place look brighter and bigger. An oversized mirror is great or even a salon-styled small pieces of it. A mural lets your wall be transported to another place. Whether the mural is hand-painted or just a wall covering, it will make a big impact for sure.
Shelves & Sconces
In case you run out of floor space for your bookshelves, you can easily hang them up on wall shelves. Install floating shelves along with display hardcovers. You can also opt for small sculptures. You can place your fine chinaware on the walls instead of keeping them within cabinets. Use wire plate hangers to display your serving platters or favorite design based dishes.
Sconces add extra light without taking much of an added space on the side table or the floor. An eye-catching design adds light and style. Carefully select accents along with clean-lined furnishings.
70s themed wall weavings are back in vogue. These weavings add texture and warmth to stark walls.
Home Renovation Loan
Loan Singh’s hassle-free process and quick approval home décor loans are perfect for salaried individuals like you who are too busy to even get a rest. The attractive EMIs and interest rates at Loan Singh, make personal loans affordable to repay back. Add luxury to your mundane apartment or home, without putting too much strain on your finances. Your dreams are our dreams. We help turn your dreams into reality. Gorgeous art over the walls of your room can only be possible with a home improvement loan. Home renovation for purchasing the best home décor is
Loan Singh’s emi calculator will help you understand how much you need to pay in order to clear your home renovation loan. The calculator only needs your intending loan amount and tenure for telling you how much you need to pay each month. A home improvement loan can be availed between amounts Rs. 50,000 and Rs. 10,00,000.
Another huge benefit you have with a Loan Singh online personal home renovation loan is that you have the freedom to choose where you want to spend your loan amount on. You can apply for a shopping loan and utilize the cash to spend on an Amazon, some on Flipkart or some on Snapdeal. Unlike so many ecommerce websites that let you gain discounts for possessing a debit card or points of a particular finance provider, Loan Singh’s personal loan can be utilized to be spent on the website you want and on the product you want to spend on. You can purchase home décor from any website in India.
Click here, to understand everything about credit score in India
About Loan Singh
Loan Singh is a digital lending platform that prides in providing online personal finance loan or unsecured personal loan to salaried individuals. You can apply for quick funds as an easy emergency loan which is not a bank loan. We provide a loan with the best personal loan interest rates. The instant funds, or instant loans, are loans between Rs. 50,000 and Rs.10,00,000 taken for purposes such as:
Home improvement loan/Home renovation loan
Marriage loan/ Wedding loan
Medical loan
Used vehicle loan
Consumer durable loan
Vacation loan
Debt consolidation loan
Credit card refinancing loan
Job relocation loan
Smartphone loan
Travel loan
Festival loans
Gold jewelry loan
Shopping loan
Lifestyle loan
Short term loans
You can calculate your easy EMIs using our personal loan EMI calculator. We accept bank statement and PAN, for quick loan approval. A bad credit score or credit report errors can lead to personal loan rejection. The ‘Loan Singh Finance Blog’ is one of the best finance blogs in India. Loan Singh is a product of Seynse Technologies Pvt Ltd and is a partner to the Airtel Online Store.
Loan Singh’s Online Presence
Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. You can find us on Loan Singh Facebook, Loan Singh Twitter,Loan Singh Google+, Loan Singh YouTube, Loan Singh Pinterest, Loan Singh Instagram, Loan Singh LinkedIn, Loan Singh Blogarama, Loan Singh Google Business, Loan Singh Bank Bazaar, Loan Singh Medium, Loan Singh Reddit, Loan Singh Tumblr, Loan Singh Scoop It, Loan Singh Feed, Loan Singh Storify, Loan Singh Digg, and Loan Singh Blogger.
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
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Source link http://bit.ly/2Tv0q1x
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
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Source link http://bit.ly/2Tv0q1x
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
Be Sociable, Share!
Source link http://bit.ly/2Tv0q1x
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
Be Sociable, Share!
Source link http://bit.ly/2Tv0q1x
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Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
Risks & Rewards: The Future of Finance in Blockchain | AllAboutAlpha: Alternative Investing Trends and Analysis
A new article by Dave Dowsett and Heather Wied, both of Invesco, looks at blockchains and the way this new technology, precisely as it divorces itself from its original significance as a feature of the cryptocurrencies, is ready to transform finance.
Dowsett and Wied contend that blockchain “offers the possibility of drastically redefining transactions.” Since the “structures and protocols” of capital transactions remain “largely inefficient,” redefining them is a promise, not a threat.
Dowsett is Invesco’s global head of strategy, innovation, and scenario planning. Wied is an advanced business analyst. To them, what is promising about blockchain is that it creates a ledger that is hosted by every participant, thus allowing every party to verify for itself at will the integrity of the transaction, creating what is sometimes called a data democracy. Invesco, the authors tell us, has already “participated in post-trade settlement clearing experiments that validated the concept using gold bullion and equities.” It continues to study issues of scaling and implementation.
Dowsett and Wied quote in this context Invesco’s global head of trading, Kevin Cronin, who has expressed enthusiasm for “the liquidity for reinvestment that near real-time settlement affords,” because “the difference between days versus minutes can have a real impact on trading strategies.”
Smart Contracts
Quicker settlement is the easy point to make about blockchains in finance. The likelihood that this will have important consequences for trading is a natural next realization. Distinct, and less intuitive, there is the idea of “smart contracts,” as explained by Vitalik Buterin in his 2013 white paper. It is precisely in order to enable smart contracts that Buterin’s Ether, in contrast to Satoshi’s Bitcoin, is built with a more robust code, encouraging Apps, so that Ethereum has always been more than just Ether.
In September 2017, when the Cambridge Center for Alternative Finance came out with a survey on the spread of distributed ledger technology, CCAF found that fully two thirds of its respondents said that they were using some sort of DLT-enabled smart contract capability.
How do smart contracts mitigate existing inefficiencies? Dowsett and Wield have a multi-part answer to this: for example, that they help digitize the client life cycle, making fees more transparent and verifiable. They also help with derivatives, where the traditional manual processing of trades has long been complicated and time consuming. Beyond that, KYC and AML information can be embedded in smart contracts, lessening compliance headaches.
Beyond ETFs
Dowsett and Wied suggest, also, that blockchain is birthing a new generation of exchange-traded funds, which will “further elevate disintermediation—and perhaps disruption.”
A blockchain-trading fund (BTF) can cut out custodians, exchanges, and banks, reducing costs and “opening up a 24×7 trading cycle.”
Risks, and a Leapfrog Effect
With the benefits of a broad use of blockchains in finance there do come risks, and the Invesco article discusses them as well. DLT, by its nature, doesn’t have a specific location or a central administrator. This issue raises “substantive hurdles in terms of jurisdiction and applicable law,” say Dowsett and Wied. It means that the creation of a regulatory framework, “is likely to prove a contentious affair,” with all the uncertainty that comes with contention.
Relatedly: this is an industry with an environmental footprint, in terms of computation power, the mining farms of the associated currencies, and the necessary energy use.
More broadly: any disruption has losers. That, after all, is why the word “disruption” had a negative connotation until quite recently.
Dowsett and Wied end with an observation about India. The subcontinent may be poised to become a leader in the blockchain world, largely because it lacks the legacy technologies that might hold it back. “There is little reason for a country like India to invest in systems such as ATMs, or even contactless credit cards,” they write, “when it could be easier and more cost-effective to adopt a far faster and more seamless method of transacting,” through smartphones, cryptocurrencies, and, yes, blockchains.
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Source link http://bit.ly/2Tv0q1x
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