After McDonald’s, another fast-food biggie, Burger King, has jumped into the digital currency world. In a recent announcement, the company said that people who join their Royal Perks loyalty program and spend at least $5 using its app can win Bitcoin, Dogecoin, or Ethereum. interesting isn’t it?
After ordering, you should receive an email from Burger King featuring a link. Follow the instructions to claim your crypto. However, the offer is open only for US residents. The fast-food chain has partnered with online brokerage firm Robinhood to give away these digital currencies to a handful of winners. The eatery announced that they will give away 20 bitcoins, 200 ethereum, and 2 million dogecoins. To win, one has to open an account with Robinhood via the company’s app. The offer is valid till November 21.
“As a brand, we are always looking for ways to reward our most loyal guests with exclusive offers that are exciting, unique, and culturally relevant. Cryptocurrency (crypto) has been a hot topic of conversation recently, but we know it can be difficult to understand. That’s why we wanted to bring crypto to our guests in a way that was accessible and digestible (literally and figuratively) – through our food,” said the company.
A few days ago, McDonald’s had turned its item McRib into an NFT. They will be given away to 10 winners chosen as part of their sweepstakes. “Our McRib NFTs are digital versions of the fan-favorite sandwich – almost as saucy as the McRib itself- and we’re giving them away to a few lucky fans on Twitter beginning November 1,” said a release by the company. This offering comes on the occasion of McRib’s 40th anniversary.
Bringing NFT into the beverages space, a liquor company sold its own NFTs and it was a big hit. Glenfiddich Whisky sold 15 bottles of rare whisky priced at Rs 13.5 lakh each, with NFTs. According to PR News Wire, the brand partnered with BlockBar, a non-fungible token (NFT) marketplace, to launch a series of 15 limited edition liquor NFTs. The tokens not only allow buyers to show off their whisky purchases but also act as proof of ownership. The bottles were reportedly sold out within seconds.
According to the Burger King Crypto website, the chain has partnered with investment app Robinhood Crypto for the promotion. Between today and Sunday, November 21, Burger King will be giving away 2 million Dogecoin, 200 Ethereum, and 20 Bitcoin. As of this writing, one Dogecoin is worth $0.27 cents, one Ethereum is valued at $4,356, and a single Bitcoin clocks in at $61,807. (Burger King puts your odds of winning a Bitcoin at 1 in 100,011.) .lets go get ours.
read more about the blockchain world: Everything You Need to Know About Anthony Pompliano!
Anthony Pompliano is a founder and partner, at Morgan Creek Digital, a pioneering asset manager that invests capital on behalf of institutional investors in the Bitcoin and crypto ecosystem. He is also the founder of – Off the Chain, the most famous podcast and regular newsletter in the industry. Mr. Pompliano developed and sold a variety of businesses prior to his work at Morgan Creek Digital, before overseeing various Product & Development teams at Facebook and Snapchat.
He played football at Bucknell University prior to working in tech and worked on a duty tour in support of Operation Iraqi Freedom.
His ability to think critically has greatly influenced his business: a multi-strategy investment company aimed at providing strategic customers with access to blockchain technology and digital assets. This has also enabled him to become one of the leading lights in the transition of cryptocurrency.
He even hosts The Pomp Podcast that covers interviews with venture capital and crypto industry superstars such as Chamath Palihapitiya, Mark Cuban, etc.
In 2021:
In Sep, a new investment fund focused on his individual and brand identity was introduced.
Morgan Creek is investing $50 million in BlockFi crypto lenders.
Best tweets by Mr.Pompliano:
“Blockchain is to the next 150 years what the combustion engine was to the last 150 years.
One changed the way we transported things in the physical world.
Blockchain changed the way we transport things in the digital world.
Don’t miss out on the revolution.”
“There are millions of people around the world who own cryptocurrencies. 10 years from now, it will be billions.”
“Goldman Sachs NASDAQ New York Stock Exchange Bloomberg JP Morgan. They’re all jumping into crypto. It’s happening. We’re going mainstream.”
Anthony Pompliano has spent much of his recent years singing the praises of cryptocurrency, with a special focus on bitcoin. In 2019 he admitted to holding half of his assets in bitcoin, which “Shark Tank” investor Kevin O’Leary lambasted him for, calling the move “crazy.”
Later, Pompliano revealed that he had even raised the percentage of his money that was invested in bitcoin to around 80 percent of his total assets. His solo firm Pomp Investments invests in early-stage companies and his estimated net worth isn’t known.
Since Snapchat had drawn him away from Facebook with the promise of a $240,000 annual salary plus $3.5 million in stock options that would be vested after four years, Pompliano claimed that he would have had $5 million at the time of the suit if he hadn’t been terminated so quickly.
Pompliano also co-founded and became a partner at Full Tilt Capital, an investment firm focused on early-stage companies. Full Tilt Capital eventually was acquired by Morgan Creek Capital. Through Morgan Creek Capital’s backing, Pompliano co-founded Morgan Creek Digital Assets, which specializes in blockchain and digital assets.
One reason Pompliano is optimistic about bitcoin is that it will hold value regardless of global instability. He said in a Squawk Box interview on CNBC that people might invest in bitcoin because it’s “controlled by software and cannot be manipulated by a single country or politician.”.He is marked as the crypto bull and enthusiast for bitcoin.
Aiwa has constantly been making premium products that very well carry its legacy in the music industry, but it has over the years lost its charm amidst a hyper-competitive market. This brand makes some of us feel quite nostalgic about how Aiwa was once a dominant player in the audio segment. Aiwa recently launched a series of wireless audio gears including the neckband model ESBT-460 and TWS earbuds AT-X80FANC.
We spend some time with both the devices while listening to songs, watching movies, and attending calls and here begins the review. Let us first talk about the neckband ESBT-460.
Aiwa ESBT-460 Wireless Neckband Review
Considering the price tag of Rs 2,999, Aiwa ESBT-460 gives a solid first impression with its premium packaging. The neckband rests inside a cushion and is made with good quality plastic, and feels extremely light. It feels pretty comfortable to wear at longer durations.
All the controls, such as the power button and volume and media control, are placed on the left side with an LED indicator below to show the pairing and battery status. What surprised me is that concealed under the left collar is the Micro USB charging port and Micro SD card slot, which comes quite unexpected. If you put some MP3 files on a card, this can become an audio player without any need to pair it with the phone. You also get ear tips of different sizes and a pouch to carry your earphones.
The ESBT-460 vibrates when you get an incoming call, and in my experience, the quality of the call was quite impressive, and you can hear both lines clearly. The drawback, however, is that this device lacks the Active Noise Cancellation feature.
The battery life in Aiwa ESBT-460 is pretty decent, but not the best. The device takes up to two hours to recharge fully with a standard micro-USB charger. It also gives 13-14 hours of playback at 70 per cent volume.
Aiwa ESBT-460 packs 8mm quad-speaker driver technology and delivers a clear and loud sound. The bass is good but lacks detail.
Pros
Built-in Audio Player
Good Call Quality
Decent battery Life
Light and Snuggly Fit
Cons
Slow Charging
No ANC
Lacks Detailed Sound Quality
Verdict
The Aiwa ESBT-460 wireless earphones work quite good for the price range that it offers. You can definitely try it out for the nostalgic and once-prominent brand in the audio space.
Aiwa AT-X80FANC TWS Buds Review
Aiwa AT-X80FANC got launched for a price tag of Rs 7,999, which is apparently on a higher side but makes it up with the features it offers. TWS has shaped the modern wireless audio concept globally. Aiwa has given a stem design to its earbuds, and the tips are oval that sit well on your ears. You also get different sets of silicon tips to suit your ears.
The case is small and can easily fit into your pockets without making you feel uncomfortable. It also features a small LED sensor to indicate pairing and charging. At the bottom, there is a USB-C port for charging. Overall, it has a very decent appearance on the outside as well as on the insides.
You get a crisp and balanced sound with a well-defined ANC performance. The back of the earbuds has a touch-enabled zone, from where you can play or pause the music and cut the call. A single tap to play/pause, double-tap to increase/decrease the volume, answer/cut the call, a two-second long touch to skip to the next track, and a four-second long touch on the right bud to activate the ANC feature. In my experience, the touch sensor acts responsively.
It seems like Aiwa has given more preference to bass in this one. AT-X80FANC offers an abundance of bass and has well-tempered highs. The mids and the lows are quite impressive too. The drawback here is that the device is not compatible with wearable apps, so it’s hard to set the bass and treble according to your taste.
The sound on both ends was loud and clear while on calls and listening to music. There was a little latency while playing video games because the device does not support any codec. You can find a little sync problem here and there, but it’s not that noticeable or problematic.
Final Verdict
For a price of Rs 8,000, I wish there were more features in this one, but Aiwa AT-X80FANC TWS buds don’t fail to convince you to buy one.
We all have tried a myriad of methods to convince our fathers, to devote part of their hard-earned money to bitcoin, crypto-investments, but most of us have failed badly. For decades in a socialist state, the Asians have a greater tendency to trust in centralized authority, treating political leaders as leaders of the community. Our “intellectual” ideas aren’t just funny, but also too crazy for the generation of our peers.
With more governments around the world entering the authoritarian camp, developing powerful hand-held leaders and authoritarian rulers, the emergence of the Bitcoin class is imminent. This class holds not only a shared social and economic status, as well as a specific theory on right to life. Most significantly, the resources gained by this segment would not be redistributed by social instability, such as conflicts, revolutions, and any future political acquisitions. The Bitcoin class is going to be resilient to all of these and peacefully transfer along with hereditary capital. For the first instance, category classification is not based on the amount of income, profession, or any decides, but on a string of binaries in your cold storage that users can sign and confirm. I can expect that this category will be a powerful influence push in generations to come, affecting all facets of social revolutions and policymaking.
We live in a delusional world. Central bankers keep printing down to infinity. The industry is divided, and agreement is impossible to achieve. Private information is also being compensated with ease. Data duplication, manipulation, and all things termed wrong or illegal are frequently increasing. The coronavirus experience teaches us something that everyone should focus on: we all deserve good governance.
So instead of waiting for a higher good or a fair and equitable system, since most of us are certain and being repeatedly frustrated, why not make a deliberate decision to vote for a bitcoin category?
It is our only effective appeal to peers and the way that they will opt-in. It’s been a challenging year for all accounts. However, for Bitcoin, 2020 was a proud milestone. The cryptocurrency also quadrupled, exceeding $20,000 (roughly Rs.14.7 lakhs) for the first time to record after record. The True believers applauded this along as an inflation remedy in an age of unmatched banking system volume. This is supported as an alternative asset by Wall Street veterans from Paul Tudor Jones to Stanley Druckenmiller, who contributed to the rally.
Bitcoin (BTC-USD) broke through $24K in a major way on Christmas Day, and then pulled out $25K, $26K, $27K, $28K, then $26K for another 4 days. It rose to as high as $28.3K before moving back to the present $26.9K.
Ethereum (ETH-USD) also followed and in-game, raising over $700 for the first time in almost 3 years. Currently exchanging hands at $707.
The potential surfaced earlier in the year when rates were so much lower and markets were rampant with uncertainty and ambiguity. Now it’s just wagering buying big and selling low. All cryptocurrency supports high precarious and pure speculation. In the meantime, many people have been damaged terribly by getting to the top. Perhaps this time it will be different, and the bitcoin network is not going to implode. But again, because cryptocurrency is becoming a parochial economic platform, it’s not the current version to get the wealthy trend.
There is no commitment here. Risk exactly how little you can potentially lose. To know about the crypto world read: –Binance to launch an NFT Marketplace!!
By now we all know that Binance is the world’s biggest cryptocurrency exchange by trading volume. It has announced on Tuesday that it wants to launch its marketplace for digital items tied to non-fungible tokens, or NFTs. It would lead to a major venue for the burgeoning digital-assets market, along with intense competition for creators and investors alike.
What are NFTSs?
NFTs are online items created on a blockchain that is commonly used to certify unique ownership of a digital asset such as paintings, music, games, or sports collectibles. The NFT industry has been here for a while, dating back to the invention of blockchain, but it has recently piqued the interest of mainstream investors after greater collectibles were sold at record-breaking prices.
According to NonFungible.com, a web portal that tracks data on NFTs, the sales volume of NFTs skyrocketed to much more than $2 billion in the first quarter of 2021, over 20 times the volume of the previous quarter. Binance’s NFT marketplace will launch in June, with two venues for artists and traders to generate, purchase, and sell digital assets.
In contrast, the norm trading market allows anybody to create or deposit NFTs for sale or auction for a 1% processing fee. The founders of depositors will be paid a 1% royalty on all corresponding trades.
What does Binance CEO has to say but this ?“
“Binance supports millions of users worldwide, most of whom will now be able to receive the thriving NFT space,” said Binance CEO Changpeng “CZ” Zhao in a statement. “In maintaining of our loyalty to international financial autonomy and the development of an inclusive ecosystem, the Binance NFT marketplace will also help small value creators by achieving the best cash flow and the lowest fees for use.”
Binance is the most recent cryptocurrency exchange to launch its NFT marketplace. Gemini’s Nifty Gateway has hosted auctions with good artists such as Eminem and Grimes. In March, Crypto.com launched its invite-only market, which starred content from Snoop Dogg, Lionel Richie, and Boy George.
Crypto exchanges have already benefited from increasing Bitcoin prices and expanding investor interest in digital currencies. Coinbase, the largest cryptocurrency exchange in the United States, went public earlier in the month via a direct listing. Its share prices are now trading near $300, up approximately 20% from the $250 standard price set by Nasdaq before the stock’s trading launch.
The NFT marketplace would provide Binance with a revenue source, though artists and investors are likely to be more uptight as to which exchange they use as more NFT marketplaces become available. But even so, a peek at trading volumes and average prices suggest that the NFT buzz is already receding in recent weeks after spiking Earlier, this year.
What do the NFT statistics say about the marketplace?
The volume of NFTs traded has dropped by about half since the peak in mid-March, but still, it stays high when compared to just a few months earlier. According to the latest NonFungible.com review, the average cost of NFTs spiked by about $4,000 in mid-February but has now declined to around $1,500. Nonetheless, the existing average cost is ten times higher than it was just six months ago.
Some have compared the NFT boom to the late-2017 or early-2018 craziness over initial coin offerings, or ICOs. Though some assume the recent decline in NFT activity is the commencement of a market correction and the bursting of the NFT bubble, NonFungible.com knows it probably reflects — a long—term stability following a theoretical pinnacle.
Want to know more about crypto and blockchain, read about :
As we all know that the usage of cryptocurrencies continues to expand around the world, several countries have identified themselves as pioneers in adoption.
Well, COVID-19 dominated 2020, and several countries were suppressed by the repercussions of the ongoing pandemic. Conversely, the cryptocurrency space witnessed a year of revival that saw decentralized finance becoming a major element, while Bitcoin (BTC) eventually exceeded its previous record. Singapore has paved the way for cryptocurrency moving and blockchain acceptance in 2021.
Singapore
Singapore has developed as a platform for crypto exchange, companies, and blockchain industries in Asian countries. Let’s understand the way Singapore is utilizing the benefits of adopting blockchain across different verticals.
Aviation Industry
Singapore is recognized to be the first country to start utilizing the value of blockchain in the aviation sector. Blockchain technology can provide access to up-to-date and confirmed information of departures, arrivals, delays across all stakeholders involved in airline travel, like airline crew, employees, ground service crew, and passengers. Singaporean Airlines has transformed its payments and rewards program using blockchain for its digital wallet.
Food Industry
Not only aviation but also the food industry, According to the WHO (World Health Organization) estimates, about 1 in 10 people fall ill each year by eating contaminated food.
The implementation of Blockchain technology for the food sector does provide producers and consumers with more validated information on food supplies, where they originated, and much more. Intellectual Property Intermediary (IPI) in Singapore, developed under the Singapore Ministry of Trade and Industry, is already operating on a blockade.
Implementing blockchain in the global food industry will provide vendors with more knowledge regarding food products, including where or for how long, boosting traceability and growing consumer confidence. The use of blockchain would reduce food contamination while still bolstering health and safety regulations.
Supply Chain
The blockchain-based supply chain facilitates the automated monitoring of information on products such as incorporation data, storage temperatures, batch numbers, and shipment. Looking at recent technologies including RFID tagging, blockchain may be an incredible opportunity for every sector that works to grow transparency and accountability via the business supply chain.
SmartCode, the DLT Ledgers Blockchain platform, offers an end-to-end traceability record in an automatically auditable, immutable, and safe way. It has been designed in such a way each product can be clear about its origin and validity, using precise software algorithms to help mitigate product manipulation.
Education Industry
Another field that can benefit from the use of blockchain is the Education sector. Through using smart contracts, institutions, as well as business owners, can rapidly, safely, and inexpensively verify skills. The use of blockchain will enable students to include complete leverage over their academic education by providing versatile access to data and recommended programs based on past qualifications and rankings.
There is no question that the higher education system in the city-state wants to identify the opportunities delivered by blockchain. Last year, the National University of Singapore (NUS) stated that it is collaborating with IBM to establish a curriculum for blockchain and distributed ledger technology.
It is also the first educational institution in Singapore to use blockchain technology to verify the validity of the NP diploma.
Government
From taxes to welfare transfers, voting, and health record management, the Blockchain administration is now used by global governments to improve different actions. Singapore will soon be following an example like Georgia. It reported that the Singapore government could use blockchain technology to do the following things:
Verify vendor track records on Singapore Government’s one-stop e-procurement portal
Track the career of the public officer
Enhance or substitute the audit process
The Singapore customs authority has introduced a national trading platform (NTP) for blockchain technology. It is expected that this platform will be used to connect enterprises, community networks, channels, and government organizations.
With distributed ledger technology, the program has analyzed inter-bank transfers and is now used to determine the effects of using tokens as a digital Singapore dollar. If blockchain-based payments are successful, they may lead to rapid settlements in finance, notably for cross-border business.
Looking at this it can be well inferred that India too can make endeavors in the field of blockchain.
Being a part of the ongoing pandemic and information age, we all or at least most of us, prefer Work From Home over a traditional office. Whether you’re in your home or a corporate office, or anywhere else for that matter, we all use computers or laptops to make our life more accessible and smoother. Now, talking about the keyboard, it is an essential part of modern tech-based life. Without it, we can’t do much on our computers or laptops and being honest, most of the time when we’re not in a generous mood or when we’re typing a prompt mail or playing games, we use our keyboards like a punching bag and smashes every key of it like we’re a war zone soldier.
Though most keyboards are built to handle such pressures, what will you do if you lose a key or any key stops working? Well, for computers, you’ll have to buy a new keyboard or depend on the on-screen keyboard for that particular key but in the case of laptops, once you lose a key, restoring everything to its original state can be burdensome for some of us.
So, it’s better not to use in-built keyboards all the time, especially when you type for a long span and have a habit of pressing the keys in a vivid manner. Accidents can happen at any time, and to prevent them, we would recommend you to use Wireless keyboards, and if you’re looking for the same, you’re at the right place.
Why Wireless Keyboards?
Wireless keyboards are life-saving when you prefer a neat, decluttered desk or like typing comfortably with your keyboard on your lap. They help you type faster and are ideal for pairing with laptops or even computers at workstations or home. Wireless keyboards are travel-friendly compared to their counterparts and work best not only on your computer/laptop but also on your tablet, your phone, or even your TV. Nowadays, wireless technology is everywhere and has done an impeccable job in the past few years and finding the best one is tricky, and it all depends on how you’re going to use it, for work or a gaming purpose? So, before we hit the list, let’s take a quick look at specs to consider.
A perfect sized keyboard is always going to help you and light up your life. If you travel a lot, then go for a light one and if you’re a gamer, go for a smaller than average keyboard, as you’re not going to use it for typing. If you’re a writer or doing some sort of work related to heavy use of the keyboard, go for a more oversized keyboard to hit the keys comfortably. Look for a keyboard according to your preferred operating system because sometimes special characters matter. Gamers, keep in mind, if you’re an avid gamer, you’re going to need keyboards that connect to multiple devices with the press of a single button and a customizable option for RGB lighting or at least backlighting.
Logitech MX Keys
Price – ₹12,995/-
Logitech MX Keys is one of the best wireless keyboards out there for iMac users. It offers the best typing experience with its full-size structure, and it features a built-in number pad and backlit keys to equip you with a great user experience and maximum productivity. The low-profile keyboard could be your perfect office companion. Its wireless connectivity empowers you to pair a total of three devices over Bluetooth or its USB dongle, and you can easily switch between these three connected devices.
The typing experience is smooth, and people sitting next to you can’t complain about losing concentration over a keyboard noise. The keyboard has a rechargeable battery, and it offers an impeccable 10 days of power backup. So, if you’re looking for a keyboard with a great blend of comfort and features that provide a versatile typing experience along with a premium price and durable build and have enough space on your desk, we recommend Logitech MX Keys for you.
Microsoft Sculpt Ergonomic Keyboard
Price – ₹14,999/-
Are you one of those who type for long hours, are tired of repetitive strain injuries, and looking for a comfortable keyboard to avoid arm, wrist, or shoulder pain? In that case, you should definitely try ergonomically designed keyboards such as Microsoft’s Sculpt wireless ergonomic keyboard that offers a pain-free experience and even take care of your bad posture. The keyboard offers a split layout and design and a nicely cushioned palm rest to keep you in an ideal typing position and avoid additional pressure on the wrists.
The keyboard is split in half and offers a separate number pad, making it significantly different from its equivalents. The affordable ergonomic keyboard connects via a 2.4 GHz wireless USB dongle and requires two AAA batteries to work, which seems a little outdated. However, this ergonomic keyboard by Microsoft will surely help you recover lousy posture, but only if you stay put with it during those initial days.
Logitech K380 Bluetooth Keyboard
Price – ₹3,195/-
Logitech has a rich history of creating excellent computer accessories, and the name Logitech will often pop up when you’re looking for computer accessories, especially keyboard and mouse. The comfortable and compact Logitech K380 Bluetooth Keyboard is one of the best budget-friendly keyboards out there in the market, which offers great design and compelling battery backup of up to 2 years with its AAA batteries.
The keyboard arrives with round-shaped keys, and it takes a while to adapt to it; and it also lacks a backlighting feature and macro programmable keys. The smart-looking keyboard could be paired up with three devices via Bluetooth (it doesn’t come with a USB dongle), and one can easily toggle between the devices such as smartphones, tablets, Apple TV, and most computers using the F1-F3 hotkeys. The tiny and well-built wireless Bluetooth keyboard is offered in three colours: dark grey, rose, and off-white.
Apple Magic Keyboard With Numeric Keypad
Price – ₹12,500/-
Apple Magic Keyboard with Numeric Keypad, the name itself suggests it has something magical in it, and we can’t deny the fact because it’s a fact. The aesthetically designed Apple Magic Keyboard will undoubtedly add a slight tint to your modern office, and if you’re a follower of a minimalist lifestyle, it’s clearly the best buy for you. The Magic Keyboard sports light and bouncy keys to satisfy your typing experience.
Previously, it was available without a number pad and only bundled with Apple’s 5K iMac Pro, but now it is available in full size with Numeric Keypad, and the company even sells it separately. The flat designed Apple Magic Keyboard is ideal for gaming, reading or working with spreadsheets as it offers an impressive battery life of one month, on a full charge. The ultra-sleek space-grey keyboard offers keys based on a scissor mechanism to enhance your typing experience, but unfortunately, it is only compatible with Apple products.
Corsair K63 Wireless Mechanical Gaming Keyboard
Price – ₹15,999/-
Corsair is one of the few companies that manufacture a wireless alternative of its popular gaming keyboards, and their latest addition, a refresh of the old Corsair Gaming Lapdog but slimmer and wireless, Corsair K63 Wireless Mechanical Gaming Keyboard, is an exceptional one. The new K63 Mechanical Gaming Keyboard is almost similar to its wired sibling, and if you’re familiar with Corsair keyboards in the past, then while using this one, you’ll feel super comfortable as the keyboard is specially made for people who prefer to operate from the comfort of the couch. The K63 keyboard has a frameless and straightforward design, and users can pair the keyboard with either a wireless USB receiver or Bluetooth. The keyboard features dedicated media controls, linear Cherry MX Red switches, excellent compatibility with various operating systems, but at the same time, it lacks backlighting as it is limited to a single blue colour. However, the K63 wireless keyboard is still a good option for gaming and also for work too.
The emphasis placed on the terms of “token” and “account” used by the cryptocurrency community and central banking community as mentioned above aims to capture the different ways in which these terms are used by different people about different concepts. Recognition of these terms can help identify areas of misalignment and create problems in the legal framework and supervisory system of digital currencies and so-called tokenized financial markets.
The term is part of an industry phenomenon known as tokenization, which transforms real assets into digital tokens. Security brands have been under discussion for some time, and at least one company wants to put them to the test. In the case of securities tokens, trading assets such as stocks and fixed-income securities are converted into digital assets using blockchain technology, the virtual book of activities that consists of cryptocurrencies such as Bitcoin.
Are security tokens a novel form of assets?
securities tokens and tokenized securities are often mixed up in the new age of blockchain, but it is imperative to understand them not as separate concepts, but about each other. Security brands, in particular, are a form of digital assets that, like cryptocurrencies, act as a value transfer tool while maintaining regulatory protection for traditional securities. Security marks are programmable crypto assets that enjoy the regulatory protection associated with traditional securities. Tokenised securities function in the same way as traditional off-chain securities, except that they are stored and sold on an exchange or blockchain network. Simply put, tokenized securities are digital representations of traditional securities to expand their market reach and increase market liquidity.
Are tokens different from coins?
Blockchain tokens are valuable but are not considered money like crypto coins. Many crypto projects issue their tokens as a representation of an asset or as use-value. They give these tokens to their investors through public sales called ICO (Initial Coin Offering).
Blockchains allow tokens to be used in the community to vote on important business decisions or technical changes to the platform, giving them more functionality than traditional crypto coins. When we talk about tokens and cryptocurrencies, we should not associate the value of these tokens with public systems, such as Ethereum, which wants to introduce new smart contracts defined by tokens without explicit use or transaction value. For this purpose, the creation of tokens can be used to detect the difference between security tokens and tokens. Security marks are created for investment, while utility marks can be created to finance an ICO or create an internal economy on a project as a blockchain. An ICO (or OST offer) is made to sell digital tokens to the general public on a cryptocurrency exchange. The main difference that stands out is the fact that ICO tokens are offered as actual coins, which are digital and classified by utility value. With an ICO token, a new ICO currency is generated ad infinitum. An ICOs value is speculative and results from the perceived utility value that the buyer expects from him.
A better balance can be found in securities brands that are digital, liquid contracts for a fraction of an asset (e.g. A house, a car, a paint job, a company’s equity, etc.). Security brands are a natural bridge between the traditional financial sector and blockchain and benefit from both. The securities token ideas, which are based on partial ownership of real assets, are well structured, meaning that investors can expect their ownership share to remain on the blockchain register.
Although tokenized assets are a promising use case for blockchain technology, there are still some major regulatory hurdles. It is unclear whether ownership of blockchain-linked tokens remains unclear, and the terms may not have legal status.
A boom of startups
A few years ago, innovations in financial markets began to spark discussions about digital tokens and the tokenization of financial assets. Initial coin offerings (ICOs) played an important role in arousing interest in the cryptocurrency market. Startups in the cryptocurrency market produce coins or tokens that are offered to investors by an initial coin offering (ICO) in exchange for legal money or digital currency. Start-ups sell their shares to investors in an initial public offering. While IPOs trade directly with investors, ICOs trade through crowdfunding with eager supporters of their projects.
Old age is an unavoidable part of our life cycle and should be lived gracefully rather than grudgingly. In today’s fast-paced world we only start noticing signs of old age much after the gradual process is well underway…We need technology that will improve the lives of elderlies, the poor as well as the sick, and their families. We need technology that brings all of them together for better companionship and to make this world a beautiful place for them to live in.
Blockchain depends on stakeholder acceptance, and government agencies can use economic incentives to get users on board, such as granting access to certain government data, paying for it, facilitating federal loans, or lowering transaction and service fees. Agencies that implement blockchain can increase citizens “trust and create added value for the government and its citizens. As blockchain follows the path inherited in the economy by network technologies we can expect blockchain innovation to build on one-way applications to create local private networks in which multiple organizations are linked through a distributed register.
Blockchains can help streamline the entire process by eliminating middlemen, lengthy procedures, and the burden of unnecessary time delays. Blockchains record transactions while payments are transferred between recipients. Transactions cannot be reversed or modified, and blockchains ensure better accountability and security when such a system is used. Intelligent and self-executing contracts made possible by blockchain eliminate the need for intermediaries and improve contract preparation and execution.
How Will Blockchain Solve Privacy Problems?
To address this problem, relevant research applications from Azaria Ekblaw, Vieira and Lippman (2016), Juneja and Marefat (2018), Liu, Li, Ye, Zhang, Du and Guizani (2018), and Zheng, Mukkamala, Vatrapu and Ordiere (2019) used the on-chain storage architecture to store large amounts of original encrypted data without the use of trusted third parties. This approach reduces the storage load of the blockchain and ensures the integrity and privacy of private data. When medical records and other information are stored in the blockchain network, this increases the computing effort and storage load due to the fixed and limited size of the block.
Blockchain technology can reduce the complexities of retirement management and give pensioners greater control over their money. By adding cryptocurrencies to investment portfolios, blockchain can create accessible retirement plans that appeal to young people who need to start saving for retirement.
Why do Blockchain technology and the health sector jell?
Blockchain technology can maximize patient satisfaction by providing personalized care based on the patient’s complete indexed medical history and medical record. Blockchain Technology helps diabetics keep better track of their insulin intake. In the EHR system, anyone can upload medical records and other information to the blockchain. Users can leave and re-enter the system at any time, access their historical records according to the index, and download the latest blocks from the blockchains.
The use of blockchain technology in the medical field is not only a consolidated application of real blockchain technology but also blockchain technology with achievable efficiency levels. The use of this technology in neurology could lead to quantifiable advantages in the treatment of neurological disorders by monitoring patient health, clinical history, treatment, disease progression monitoring, recruitment, and clinical trials.
How Blockchain Technology Will Solve Financial Problems For The Elderly
Blockchain, the revolutionary computerized recording technology that acts as a digital register, is coming at a crucial time and could be a savior for pensions, thanks to the unique way it can be applied to ambitious projects in young industries. Blockchain or distributed ledger is an emerging technology that has attracted considerable interest from utilities, startups, technology developers, financial institutions, the national governments, and the academic community. Numerous sources from all these sources have found that blockchain has the potential to bring significant benefits and innovation.
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Nothing is denying the fact that we can solve problems relating to the practical application of the technology, such as security and the lack of public or specialist knowledge that can guarantee the optimal functioning of blockchain protocols and bring maximum benefit to senior citizens.
We have covered How Big is Sony, Netflix, Walmart and Nike? in the past few months, and so far, we’ve experienced a pleasant ride. Then, one fine day we thought, let’s do something different this time as all of the companies we have covered till now have been situated in foreign lands, and this simple thought provoked us to shift our focus from foreign companies to our Indian giants. The search began, and we started looking for Indian companies that contributed remarkably to our country’s growth, and at the end of the day, we mutually decided to go with Wipro, India’s third-largest outsourcer of IT services.
How was Wipro started?
Wipro is a widespread name in Indian households as the majority of Indians prefer to use electrical products and an energy-efficient range of LED lighting solutions manufactured by Wipro, but many of us aren’t even aware of the now popular multinational corporation that provides information technology, consulting and business process services was initially started as a maker of vegetable and refined oils in Amalner, Maharashtra. Though you can always ask your grandparents, they might be aware of the trade names of Kisan, Sunflower, Dalda Ghee, and Camel, popular products of the company during their early days.
The company was founded in 1945 as Western Indian Vegetable Products Ltd. by Mr Mohamed Premji, and later on, it was inherited by his then 21-year old son, Azim Premji. In 1966, the latter was pursuing electrical engineering at Stanford University in the United States, but due to his father’s sudden demise, he returned to India and became the company’s chairperson at the bare age of 21. Mr Azim Premji officially renamed the company to Wipro Products Limited in 1977, when he took over the family-owned business and expanded the company’s product line to include hydraulic cylinders, bakery fats, toiletries, soaps, and lighting products.
How Wipro entered into the IT sector and expanded its other ventures?
The chairperson of Wipro Products Limited, Mr Azim Premji, was a visionary man and always wanted to do something in the IT and computing industry, and when the opportunity knocked at the door, he tucked it in. Wipro gradually started entering into the IT business in the late ’70s, and at that time, IBM India was at its pinnacle and was the biggest competitor for newbie Wipro. Many business groups in the country called Wipro’s move a foolish one but to the company’s luck and the arrival of a new government with fresh foreign exchange rules, in 1978, IBM India shut its operations and withdrew its services from the country, which helped Wipro advance its services in the field and ripe the opportunity.
Wipro commenced its IT sector journey by producing microcomputers under a technology-sharing agreement with US-based Sentinel Computer Corporation, and within a decade, it became the first Indian company to explore offshore IT services. In between this, Wipro once again updated its name from Wipro Products Limited to Wipro Limited in 1982, added mobile hydraulic cylinders and heavy-duty industrial cylinders to its line of products in 1988, formed a joint venture called Wipro GE Medical Systems with the United States’ General Electric (GE) for the manufacture, sales, and service of diagnostic and imaging products and started making one Santoor talcum powder and Wipro Baby Soft, a range of baby toiletries in 1990.
Further Growth & Collaborations
The economic liberalisation in India during the early ’90s led to an increase in foreign investment and high economic growth. The movement helped our country grow its Gross Domestic Product (GDP) from $266 billion in 1991 to $3.3 trillion in 2021. Thanks to economic liberalisation, Wipro further expanded into manufacturing lamps, oil-based natural ingredients, beauty care products, medical and diagnostic equipment, and IT hardware products such as printers and scanners.
In 1999, Wipro became the only Indian computer manufacturer to obtain the complete Y2K compliant certification from the United States’ National Software Testing Laboratory. In the next couple of years, Wipro continued to perform strongly, with IT remaining its core industry. They also collaborated with Acer to produce personal computers for the Indian market and soon arose as one of India’s largest software exporters and the second-largest listed company in the country.
Azim Premji, chairman of Wipro, who’s informally known as the Czar of the Indian IT Industry, is currently the 13th richest Indian, but from 1998 to 2003, he stayed as the richest Indian. Wipro enjoyed a tremendous level of prosperity throughout the late ’90s and early 2000s. They started internet service in India by partnering with KPN (Royal Dutch telecom) to form a joint venture company, Wipro Net Limited and also opened a Business Process Outsourcing (BPO) unit in 2002. In the five years where Azim Premji stayed on the top position of richest Indian, Wipro performed historically on the Indian stock exchanges. In the following years, Wipro also became one of the first software companies to get SEI (Software Engineering Institute) Level 5 certification.
Wipro Acquisitions
Currently, Wipro is headquartered in Bengaluru and is known for its array of services such as IT sector, BPO services, cognitive computing, robotics, hyper-automation, testing, research and development in the software and hardware areas of companies around the world. The Indian multinational corporation Wipro was ranked 1st in the 2010 Asian Sustainability Rating (ASR) of Indian companies. The company even offers its services to several enterprises like Finance, Utilities, Energy and Entertainment. Under Azim Premji’s bold leadership, Wipro tasted more success rather than failures and emerged dramatically as one of the leading IT companies not only in India but all over the globe.
Wipro acquired more than 15 companies till now and has spent over $2.5 billion on acquisitions. Wipro acquired Chandrika, an ayurvedic and herbal soap brand in 2004, Northwest Switches and Sweden-based Hydrauto Group AB in 2006 for Rs. 102.2 crore and Rs. 142.6 crore, Infocrossing in August 2007 for Rs. 2,430 crores, Singapore-based Unza Holdings Ltd. in 2007 for Rs. 1,010 crores, the personal care brand Yardley from the Lornamead Group in 2009, Appirio, an information technology consulting company for Rs 3,300 crore in 2016, Florida-based HealthPlan Services for $460 (over Rs. 3100 crores) million in 2016 and tied up with Israel Aerospace Industries to manufacture composite aerostructure parts and assemblies in 2017.
Top 5 Wipro Subsidiaries
Wipro Infrastructure Engineering
Wipro Infrastructure Engineering was established in 1976 as a part of Wipro, and it is one of the principal subsidiaries of Wipro. It is the hydraulics business section of the company and has been into manufacturing hydraulic cylinders, cargo handling, mining, freight, truck cylinders, and their components. The subsidiary has delivered over a million cylinders to original equipment manufacturers across the globe. The division also launched specific solutions during the pandemic to fight against Covid 19.
Wipro Consumer Care & Lighting
Wipro Consumer Care and Lighting (WCCLG) was established as a division of Wipro in 1945 to cater for the fast-moving consumer goods (FMCG) segment dealing personal care, home care, lighting and furniture products. The first manufactured product by the subsidiary was Sunflower Vanaspati oil. The firm has ventured into selling personal care products like Santoor, Chandrika, Aramusk, Wipro Baby Soft ranges and Yardley, along with lighting products like Smartlite CFL and LED lights. The division is one of the fastest-growing in Asia, and Africa, with more than 75 crores sales revenue in 2019-20.
Yardley
Yardley or Yardley of London is a British personal care brand established by the Cleaver family in 1770. The brand is specialized in cosmetics, fragrances and relevant toiletry products. It is one of the oldest firms globally and one of the biggest manufacturers of soap and perfumes. Wipro consumer care brought Yardley in 2009 except for businesses in Germany and Austria, where it is still owned by Lornamead, a part of Hong Kong’s Fung Group.
Opus Capital Markets Consultants
Headquartered in Lincolnshire in Illinois, United States, Opus is one of the top companies in the financial services industry, and since 2013, it has been owned by Wipro. Opus Capital Markets Consultants offers multiple services like Residential & commercial mortgage, Compliances services, servicing reviews, advisory services, quality control, servicing oversight and operational assessment. Recently, it has been fully integrated with Wipro and renamed as Wipro Opus Risk Solutions LLC.
Topcoder & Appirio
Topcoder is a crowdsourcing company that pays community members for their projects and sells community services to corporate, mid-size, and small-business clients. The company was founded by Jack Hughes in the year 2001, and its name was formerly spelt as “TopCoder” until 2013. Wipro acquired Topcoder in 2016 along with Appirio, an information technology consulting company founded by Chris Barbin, Narinder Singh, Glenn Weinstein and Mike O Brien. Appirio competes with Accenture and Deloitte in the business by offering SaaS services such as Salesforce and Google apps.
Logo Evolution
Wipro introduced its first logo in 1998; the logo features a very detailed sunflower diagonally coloured into 7 colours of the rainbow, placed above the sleek and stylized wordmark with a tagline, “Applying Thought,” and enclosed into a thin blue circular structure. Later on, after two decades, in 2017, the company revamped its old logo with a new logo, comprising of dots that represent the way the company ‘connects the dots’ for its clients. Wipro removed the colourful sunflower and changed the wordmark from the capitalized inscription to a lowercase one. The new logo features four different sized circles formed by dots representing growth and progress.
Valuation
Wipro is headquartered in Bangalore, Karnataka, India, operates across all six continents and is ranked the 9th largest employer in India, with over 200,000 employees. As of September 2021, Wipro is the world’s 374th most valuable company, with a market cap of $51.00 Billion.
Philanthropy
Of course, Mr Azim Premji will be remembered for transforming Wipro from a vegetable oil seller to a software giant, but along with this, people will remember him for his big heart. Mr Azim Premji is the first Indian and only third non-American who signed The Giving Pledge, started by Bill Gates and Warren Buffet, to donate the majority of their wealth to charitable causes. He has donated $21 billion of his wealth as part of the pledge. Apart from this pledge, he has pledged 39% of Wipro shares for philanthropic activities and has also donated an amount of $2 billion to improve education in India.
