downloadAlthough there have been many discussions happening around the globe on the future of cryptocurrency and opinions are in different hue and nature , many of them say that it is going to be the future how the world is going to transact or some other says cryptocurrencies are just a bubble which is not going to last too long. But the reality is that value of this decentralized currency has been going up for quite some time. Majority of the central banker’s has not accepted this form of the value of currency stored in digital form, however, the demand for cryptocurrencies has been going up day by day. The question largely would be what will be the implications if across the world people start using this form digital currency more often than usual. Yes if that happens world would witness a new form transactions where no government or central bank having any control or right on the transactions, You can transact with anyone from the across the globe immediately without any hassles.

Demystifying Cryptocurrency

At present, if we want to buy something through online we initiate transactions from our end, the bank or the credit act as an intermediary between the two ends. These intermediaries like bank or card company charge you with certain transaction cost as well as helps them track our transactions and our buying behaviour because everything transactions pass through a central ledger maintained by the bank where all the transactions will be captured. So if you want to keep the transactions directly between the buyer and end-user cryptocurrencies is the answer where nobody can track the transactions and its information. So in 2008, a new innovative idea was born where no banks or card companies could maintain a central ledger, But in the case of cryptocurrency instead of the central ledger, it becomes decentralized where real-time ledgers were created at every point of transactions called blockchain.

How it benefits

 This helps to create direct transactions without any intermediary.
 No restrictions for transactions across the national borders.
 Future wealth could be stored in cryptocurrencies without any theft and fraud
 No government or central banks have the control to freeze the account as they are able to do now.
 Unlike the currencies which are at present issued by central banks, Bitcoins are not issued by central banks.

Prominent cryptocurrencies available today

1) Bitcoin
2) Litecoin(LTC)
3) Ethereum(ETH)
4) Zcash(ZEC)
5) DASH( Previously known as Darkcoin)
6) Ripple(XRP)
7) Monero(XMR)

Still among the pack Bitcoin has been the most favourite among the users and followed by Ethereum and Ripple which are mostly used for enterprise solutions. But how these new digital currencies are going to change the way we transact now remains to be seen. In our country, RBI and Govt have not given green signal to accept the digital currency but constituted a committee to study its prospects and who knows central bank itself would come out with its own form of cryptocurrency. Let’s keep our fingers crossed and see what happens, but one thing is sure such technologies are going to disrupt the way at least the coming generations are going to transact in the future.



Popular News aggregators.

news-aggregatorTechnology has been the  best enabler and  continuous to be  the one   in the world of evolving disruptive ideas and innovations. Every smartphone users  cannot think of putting their hands on their phone without having apps  installed  on their mobile devices . If you rephrase this statement the apps have given  smartphones that invincible hand of facilitating   a  completely different user experience. News aggregator apps are one such which gives readers the short and crisp curated  news content from all  available sources  from  web, podcast , blogs& vlogs .  There are many of them doing the rounds both android and Ios based . In the world  of busy lifestyle, these new aggregators provide news from across the globe on a single platform which is delivered to you in short and crisp manner, later on,  if you want to get detailed perspective on particular  news you can browse through the original source from where that  news got originated.

Why I felt news aggregators useful to me?

I felt news aggregator very useful to  me with informative content which helps me to keep tab of the major  happenings from all walks of life. Everything you read from you daily doses of  newspaper reading may not arouse interest in you , but certainly certain news might be of great interest to you, same news carries different perspective in some other medias. So this news aggregator has an intrinsic algorithm which brings right information for the readers .Yes, this sounds really good and worthwhile,  I  get news from all areas where I can  flip through easily  one after the other. Everyone has their  preferences  be it  politics , sports , Films, and books, sometimes you get to see videos with content which can be viewed effectively to make your eyes get glued on the video with curiosity.

Aggregate on what basis?

The importance of aggregation revolves on two fulcrums  , identifies what is the relevant news content and important part of that news. So readers don’t miss the content which is relevant to their areas of interest and also gets to know cream of the original content .

Building loyalty and trust

If you deliver valuable and pertinent   content  to readers , in turn, develops trust and loyalty among the readers who consume the content. Once you establish that strong  bonding with readers you can exploit the opportunities to place relevant ads on it . So  the scope  generating  significant revenue is the next possible option to sustain with the business model.

 News aggregators which caught my attention are the following

  • Google news

  • Flipboard

  • InShorts

  • Smart news

  • Crisp news

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