How Crypto Currency is Creating a revolution over the Internet

With the world running on the Internet, can currencies be far behind. Today, it is a virtual environment out there. You read digital newspapers and books, hear live music streamed directly to your Bluetooth earphones and send emails instead of sticking postage stamps on envelopes. This radical transformation in people’s lives is because of the Internet, a medium that connects people globally without national borders or boundaries.

The latest entry in the world of Internet is crypto currency, a peer-to-peer electronic and digital currency that is known as Bitcoin. The concept of Bitcoin is a recent one, as late as 2009, but within a short span of 5 years, it has taken the world by storm. This is because Bitcoins can be used to pay for goods and services received, carry on trade and any other transaction that can usually be done by a normal currency.

Bitcoin is a peer-to-peer electronic and digital currency. Often termed as virtual currency because of its specific characteristics, its properties are almost similar to legal tender of all countries. The difference is that not all governments have given it the stamp of legitimacy. Other than this you can trade in it, accumulate it in your Bitstamp account, pay for goods and services received and even transfer amounts across continents.

Crypto currencies like Bitcoins are based on the Blockchain technology which is basically a distributed ledger system. Bitcoins are deemed to be tool or a resource within the Blockchain network. All Crypto currency deals and monetary aspects have a link with a Blockchain token or a sub-token.

A Bitcoin trading platform facilitates Bitcoin related transactions and ensures that they can be made with ease. These are almost like the traditional stock exchanges where shares and securities are traded with many statutory restrictions in place. A Bitcoin exchange has to function with a lot of responsibility. A Bitcoin deal is not made through normal fiscal and banking routes of a country. It bypasses all of them and is therefore impossible to monitor by any federal or law-enforcing agency. Moreover Bitcoins are encrypted and virtually untraceable. Further, there are no KYC or AML restrictions in place for personal transactions in Bitcoins.

This is the reason why Bitcoin trading platforms ensure that everything is above the law. They assure security and safety as well as scalability and liquidity in the Bitcoin environment. Rigid and uncompromising regulations are in place and periodical external audits too are carried out to make certain that safety measures are unfailingly followed and that all data is encrypted and secure.

No third party verification like those in credit card issuance is carried out by any agency unrelated to a crypto currency transaction. This part is undertaken by the trading platforms themselves whereby all relevant information on the identity of the users availing their services are first taken. The focus is on getting the true identities of the buyers and sellers so that the interests of both can be safeguarded.

Selling of Bitcoins done through these platforms can only be concluded after buyers reveal full details about themselves. It is because of these stringent regulations that any Bitcoin trading platform can be trusted to carry out a safe and secure Bitcoin transaction.

Within its network it is deemed to be a unit of currency that is linked to a Bitcoin address. For security and safety, it takes the help of public-key cryptography in its trading. No physical tokens are exchanged. A transaction log also known as Blockchain has all the details of the owner of Bitcoins. This is as simple as it can get for an insight into the world of crypto currencies that has gained immense popularity because of the Internet.

How Can Internet Increase Business Productivity

We live in a technologically advanced world where everything is done with a tap of a button and internet has helped a lot in it. In this 21st century, we can’t imagine life without internet. It has also transformed many areas of the business arena especially communication. It has improved operations in all companies, big or small, helping local businesses transform into global ones the internet has helped businesses maximise their profit, increase employee engagement and business owners risk taking abilities.

Here are few more ways the internet helps increase business productivity.

Advertising and marketing

The internet has become an essential tool for most businesses these days to advertise and market their products and services. With the help of PPC management services, various businesses can advertise their products and services offered online or represent the entire storefront to the public. They help businesses with their advertising strategies to increase the consumer base which in turn increases ROI and gain profits.

Image building

Most businesses large and small recognise the importance of establishing a web presence through a website. Businesses have also taken advantage of social networking in an attempt to engage with the audience and escalate their web presence. Having social media presence on networks like Facebook, LinkedIn, YouTube and Twitter enhance their image among the potential customers and generate awareness among the masses. To further enhance, generate awareness and productivity, businesses can take help of SEO companies in Australia.

Interactions and communications

Telephonic communication is far from dead and most businesses now rely on communications through emails. Organisations use email to communicate with the public and transmit messages within the company.  In addition to this, real-time communication such as instant messaging, internet telephony through Skype and virtual meetings and conferences over the internet has become easy and helps businesses to get in touch with their existing and potential clients with ease offering business productivity.

Offers 24/7 business services

With the use of the internet, you can offer your services to the customers 24/7, unlike the brick and mortar store where people have to wait for your business to open up and then buy the products. You as a business owner can take advantage of the internet by creating an online presence through a website and manage, run and grow your business. With the help of the internet, you can receive orders any time of the day, market products or services, accept payments and deliver products to anywhere in the world.

The above-mentioned are few ways how the internet can help you increase your business productivity.

Tech Talent Crisis – Tips to Deal with It

Today enterprise IT departments face towering challenges, they must keep up with rapid innovations in cloud computing, digital trends, mobile app development, new techniques in social media and the internet. Finding a candidate with the right combination of skills to meet modern technological needs is no mean feat. However, there are some tips that can help you do that.

• Make diversity part of every conversation
Make diversity part of your organisation’s everyday dialect. Diversity is not a checkbox exercise, it must be embedded into everything you do. As an HR you need to keep track of how everything is done supports your diversity efforts. If it is not, then you need to rethink. Whether it is making sure a woman sits on every hiring panel so that a female candidate is always interviewed by at least one other woman or setting goals for recruiters that align to the available diverse talent pool. These measurements seem much hard work initially, but recognising the huge gains it offers, there is no stopping.

• Rethink the resume
This one is another great tactic in finding the candidate with right skills. In fact, only about 23% cybersecurity professionals believe that an IT degree adequately prepares students for a role in their industry and yet most of the job descriptions today request a bachelor’s degree. However, being an HR, you need to lay emphasis on skills and real-world experience. You need a team that isn’t rooted in formal education. Instead, you need people with passion, collaboration and excitement about solving problems.

• Own up to your biases
The first step to overcome unintentional bias is recognising it. You need to look at your current team and assess whether they are similar in education, race, ability or gender. When you hire candidates are you looking for the ones who think like you or include someone who might think differently? Our brains are wired so we naturally gravitate towards people who look and act like the existing set. However, the next time you are hiring, just think about that people who you are choosing have thought diversity.

The above-mentioned are the tips to deal with tech talent crisis.