India has seen a surge in women-led businesses in recent years, with many entrepreneurs breaking barriers and making a mark in various industries. These businesses and women leaders are not only empowering women but also contributing to India’s economy and job creation. Thanks to startups being celebrated in the mainstream culture with shows like Shark Tand India, more and more women are testing the waters and entering the startup arena. These women-led businesses are not just successful but also break the sexist stereotypes that limit women’s reach in the world.
Nykaa
Nykaa is a Mumbai-based wellness brand founded by Falguni Nayar in 2012. It is an online beauty and wellness store that offers a range of products, including makeup, skincare, haircare, and fragrances. Nykaa has raised over $100 million in funding and has more than 100 retail stores across the country. The startup has disrupted the beauty industry and has become a leading player in the market.
Zivame
Zivame is a Bangalore-based startup founded by Richa Kar in 2011. It is an online lingerie store that offers a wide range of products for women. Zivame has raised over $50 million in funding and has more than 30 retail stores across the country. The startup has disrupted the lingerie industry, which was traditionally dominated by male-led companies.
The Moms Co.
The Moms Co. is a Delhi-based startup founded by Malika Sadani in 2016. It is a natural and toxin-free skincare brand for moms and babies. The startup has raised over $5 million in funding and has a presence in over 10,000 stores across the country. The Moms Co. is a pioneer in the natural skincare industry and has made a mark with its innovative products.
Vahdam Teas
Vahdam Teas is a Delhi-based startup founded by Bala Sarda in 2015. It is an online tea store that offers a wide range of teas from different regions of India. Vahdam Teas has raised over $17 million in funding and has a presence in over 100 countries. The startup has disrupted the tea industry, which was traditionally dominated by established players.
SUGAR Cosmetics
SUGAR Cosmetics was founded by Vineeta Singh and Kaushik Mukherjee in 2015. It is a makeup brand that offers a range of products, including lipsticks, eyeliners, and foundations. SUGAR Cosmetics has raised over $20 million in funding and has a presence in over 10 countries. The startup has disrupted the makeup industry and has become a leading player in the market.
FabAlley
FabAlley is a Delhi-based startup founded by Shivani Poddar and Tanvi Malik in 2012. It is an online fashion store that offers a range of products, including clothes, accessories, and footwear. FabAlley has raised over $8 million in funding and has a presence in over 200 cities across the country. The startup has disrupted the fashion industry and has become a popular choice among young women.
YourStory
YourStory is a Bangalore-based startup founded by Shradha Sharma in 2008. It is a media platform that covers startups and entrepreneurs in India. YourStory has raised over $18 million in funding and has a reach of over 10 million readers. The startup has played a significant role in promoting and supporting the startup ecosystem in India. These are just a few examples of the many women-led businesses in India that are making a mark in various industries. These startups are breaking barriers and inspiring more women to become entrepreneurs. We’re in 2023 and it is definitely high time for people to stop underestimating what women can achieve in various fields across the globe!
In an increasingly digitized world, protecting one’s privacy may, essentially, be an impossible task. It is no longer a mystery that we are being watched with every move we make on the internet. As small and accessible as our worlds are now, it comes at the cost of losing autonomy over who has access to our private information and what they do with it. So, how do you reap the benefits of a technologically advanced planet while ensuring that you are safeguarding sensitive information, sufficient downtime, and your sanity? WhatsApp is a popular internet-based text and voice messaging service with over two billion users worldwide. It is possible to use their privacy features to minimise visibility and disruptions.
Open WhatsApp, go to Settings, tap Account, and then Privacy to customize who has access to your ‘Last Seen’, ‘Status’ and who is allowed to add you to WhatsApp groups. You can block or report contacts by clicking on the contact name and scrolling all the way down and tapping BlockContact or ReportContact. Instagram is a popular social networking and photo-sharing app that allows you to connect with celebrities, brands, family and friends. There are multiple ways that you can be discreet on Instagram.
You can change the settings to make your account private thereby controlling who has access to your photos and videos. You can do this by going to Settings, Privacy and then tapping next to Private Account.You can block users by tapping on their username, scrolling all the way down and tapping on Block. If what you really need is a break from social media then you can temporarily disable your Instagram account by logging onto www.instagram.com, clicking on your profile and tapping on Edit Profile. You can scroll down and connect Temporarily Deactivate Account.
These privacy considerations are the bare minimum in times when the fear of losing oneself to the peculiar ways of the internet is looming large. As users become more vigilant, there will be a need for more intricate privacy settings such as time-specific visibility on social media and instant messaging applications.
There are certain things that moms like, and there are things that moms despise. If my mom is to be believed, I would be living a much-sorted life if I didn’t invest much time on my mobile phone. The funny part is that I see my mom busting out YouTube videos at maximum volume as I jot this article down.
Here are five tech devices that our mothers prefer or do not prefer having.
Smartphones
The one thing that moms have a love-hate relationship with. They only love it when the ball is in their court. Smartphones have become a convenient medium to kill the boredom of aged beings. The inclusion of OTT platforms has also made it easier for our parents to watch movies on the go. Now that I am mostly out for work, I find it relieving that my mom has her little friend to keep her occupied. And yes, I almost forgot, the annoying family Whatsapp groups make the smartphone even more interesting.
Video-games
I have lost count of the number of times I got trashed in my childhood for playing video games. I am sure most of you have gone through this or at least have been asked to pause your online game. Playstation and other video game consoles are totally uncool and would ruin your eyesight, of course, according to our moms.
Television
Although my mom wasn’t ever into television dramas, I have seen in my friends’ house how much of a television buff moms become when those family dramas start to roll on the screen. I still haven’t figured out why anyone would watch 1000 episodes of something that doesn’t seem to go anywhere. Or maybe I am just bad at understanding moms.
Amazon Echo
During the corona days when everyone was stuffed inside their homes, I bought an Amazon Echo device, and little did I know it would be one of the essentials for mom. Now she orders Alexa to play music or listen to recipes, and stream movies, and there’s a pinch of excitement every time she does it. Echo has been a constant with mom, especially when she’s in the kitchen preparing food.
Robot Vacuum Cleaner
Ah! The hate that moms have for this machine is real. They wouldn’t trust anyone with the house cleaning out themselves. We always get to hear this complaint that the vacuum cleaners do not cover the corners, which becomes a big headache for moms. Why have a machine when everyone can do their bit of cleaning and chores and not leave everything for moms?
Vivibook series from ASUS has always been a budget-oriented device and something you can look forward to if you are considering buying a mid-range laptop. The price for the VivoBook series starts somewhere at Rs 47,000 and goes all the way up to 80,000.
The laptop I am currently testing is the Vivobook 15 K513EA, a CORE i5, 11th Gen device. The overall build of this machine is pretty decent. The top has a nice grey fibre finish with a clean ASUS branding on the right-hand side. On one side, you have two USB 3.0 ports and a battery charging indicator, and on the other, you have a proprietary DC port, an HDMI port, another USB 3.0 port, a USB C port just beneath that, a headphone jack, and finally a Micro SD card reader. At the bottom, you’ll see four rubber stands to let your laptop breathe easily. On either side, a speaker gives you a loud, clear sound.
VivoBook 15 comes with Xe graphics, 16GB of RAM, 256GB SSD storage, and 1TB of HDD storage. It has a big 15.6 inch OLED display at an FHD resolution. It has enough RAM to hold multiple chrome tabs at once without giving that irritating lag. It makes for a fantastic laptop for regular office bees and students whose workloads wouldn’t stress the machine.
I like the OLED display of this laptop, which makes the overall experience better and brighter. Even a bad OLED display looks good to an untrained eye, but this one is just plain gorgeous! The maximum brightness at around 404 nits gives a practical outdoor experience.
The charging for VivoBook 15 goes from 0 to 100 in about 45 minutes and lasts for almost a full day when used rigorously. I have tried playing a few games on this machine and it ran quite smoothly until the machine started to overheat. Overall, it is compatible with low-res gaming but definitely wouldn’t make up for a proper gaming laptop, which is fine for a mid-range laptop.
I have the Intel Core i5 + 16 GB RAM + 256 GB SSD + 1 TB HDD model that goes for Rs 68,990, and my final verdict is that I found the machine easy to use for everyday use.
Let’s get one thing straight; We are part of a generation whose entire life is dedicated to social media, so much so that it is now hard to differentiate between the reel and the real.
It was Facebook that changed the game of how we interact with random people on the Internet. It put everybody in a simulation where people could upload their pictures and talk to each other without being physically present.
It was on this turn where people started disassociating themselves from reality. The beginning! I am actually quite appreciative of the vision and deft execution. Still, we cannot dismiss the fact that it puts everyone in a cocoon where everyone would be too discomforted and afraid to just come out of it over time.
Zuckerberg’s social juggernaut ingrained itself into the daily lives of the end-users in a way that its contemporaries like Twitter or MySpace could only imagine.
Social networking is a grey space, so we would be differentiating between the blacks and the whites. Let’s first know the advantages.
Pros of Social Media Networking
Adopted a new puppy? Wedding announcement? Birth announcement? Started dating? Graduated? Got yourself into your dream college? Just slap an Instagram post, and we all know in a second that you made it.
Another thing that social media has done well is that it has made almost everyone inclusive. Social Media has made youngsters more aware and vocal about the inequalities and injustices that surround our society. This generation refuses to accept the stereotypes and gender norms that have been served to us for ages. Since everyone can now put their opinions on a single or different platform, it gives people the confidence to be comfortable in their skin and identity.
It got convenient for people of different colours or sexuality to voice their experiences through articles or videos and gather an entire community to stand with them during those tough times. Before the introduction of social media, people would pretty much live in the closet and would be disdained for their unwanted or ‘alien’ preferences. Not saying that we are absolutely over those demons, but we have come a long way in taming them.
Social media platforms such as YouTube, Instagram, Snapchat have allowed a variety of content to be shared by people. There is literally everything on Youtube. The other day I came across a video where a person was teaching his viewers’ how to pick up a chair.’ YES! How to pick up a chair! I mean, pretty sweet and brave of him to share his talent, but this gives you enough idea why you would never run short on content with these sharing platforms around.
Social media makes our lives less dramatic if we think about it. Imagine meeting your childhood friend in your late 30s. You will be overwhelmed with all sorts of emotions seeing your friend after so long. Facebook, along with other social platforms, reduced that gap superlatively. It can be your childhood friend, college roommates who drifted away, former teachers who served as inspirations; they are all just one search away, and we are much better updated about their lives than we would have been without such platforms. Social media platforms allow us to keep people close to us that we would instead not call at any given time of the day.
Another reason why social media platforms like Facebook, Twitter, or Instagram are useful tools in today’s era is that they keep people more aware politically. With millions of websites and pages, it is nearly impossible for a politician to commit a crime or say something objectionable and get away with it without having it blogged or shared in video format.
Earlier, people would buy anything and everything that the market offered them. We presently live in a hyper-competitive market. There are so many brands offering the same set of products that it’s hard to figure out what would be the best choice for yourself. Having a platform has enabled people to voice their opinions about these brands, positively or negatively, which has compelled these brands to be more customer-centric rather than inclining more towards profits. Word-of-mouth spreads like wildfire on social media!
Cons of Social Media Networking
There are always two sides to every story. One can not go down the positive lane for long without having some thorns along the way. And when the road is so big, there are more chances of unrest. We listed some positive aspects of social media. Here are some of the negative pointers that this generation has to go through due to excessive networking.
We just talked about how we are now connected with people that we haven’t seen in ages; some school or college friends, a few teachers that we dearly admire and so on. But have you ever thought about how negatively this impacts your conversations?
Suppose you have not seen your friend for over ten years, but you have every update of his daily life through Facebook. One fine day when everyone decides to have a reunion, you would stand around and say, ‘So how did the doctor’s appointment go yesterday?’ The point is, you wouldn’t feel the same emotions and would probably lack honest conversations because you are quite used to his virtual presence.
Social media makes you sad. No, this is not something that I ‘believe’, rather it has been reported lately. The latest study by the Wall Street Journal suggested that Instagram negatively impacts mental health, body image, and more for teenagers. Thirty per cent of teen girls said that when they felt bad about their bodies, Instagram made them feel worse. Comparisons on Instagram can change how young women view and describe themselves.
The reason behind this is the process that we have been following for a long time and what has been fed to us by these platforms as a form of ‘entertainment.’ I came across a trend on Instagram a few days back, which involved people applying a filter on their faces that read, ‘This filter shows what your face would look like if it was perfect.’ And people have been using that like there’s absolutely nothing wrong with that. If you let a filter decide the ‘perfect’ for you, then it is understandable why teens doubt their beauty.
We have to understand that everyone on these social platforms posts the best side of themselves, and if they feel they don’t have that, they take the help of filters. I wouldn’t ever put up a picture of myself in dreadful clothes munching on some food like it’s my last supper, but it is much likely for me to post in a fine dine that I might regret later for spending too many bucks. These ‘good-time’ pictures impel a viewer to consider his life as an absolute train-wreck.
Allow me to make myself a little more clear. I am nowhere suggesting that one should not live their life to the fullest or do a little brag about having a lovely time. I can’t be a judge of that. But I feel that one should understand very clearly that people create a blanket on social media and hide their demons under them. The bottom line is, we all have our demons.
Now let’s hit the political part of social networking sites. People have indeed been more aware of their leaders since almost everything is on the Internet now. But do you believe what you see? Is there a possibility that you have been deceived all along? A recent report suggests so. Facebook has been under a lot of scrutinies for pushing hate speeches on its platform and not adequately curbing the misinformation and inflammatory posts.
Social media channels as big as Facebook have the potential to control what people see on their walls through well-structured algorithms. You would never know if something you see is legit or if false information is being fed to you. This leads to violence and hate between communities, races, etc., often benefitting the politicians and leaders in power.
Another snag of using social media too much is the decreasing attention span of youngsters. We are so used to swiping content continuously that anything which needs time and attention gets skipped. What was the last time you read a whole newspaper? Did you skip a big chunk of this article too? If the answer is yes, you now know why!
What do people usually wish to have after they become a billionaire? A luxury car, a luxurious villa at a prime location- possibly with a helipad, tickets to outer space, private planes, private islands, luxurious superyachts, and the list goes on, but a vast majority of people definitely want to own a luxury car. However, if you look at the list of top billionaires of the world, most of these moguls prefer affordable cars over luxury cars, a strange choice isn’t it?
Being an Indian, the majority of times, we assume a person’s status or their richness on the basis of what car they drive? We have a very straightforward and lame way of thinking on this one. A person driving or travelling in a Lamborghini or Mercedes car can’t be an ordinary fellow, and a person driving or travelling in a Honda or Ford car can’t be a billionaire. However, the reality is way too different from your predictions, and we’re here to disclose the reality.
Jeff Bezos
The Amazon founder, chairman, and CEO, Jeff Bezos has no less status than a celebrity, but when we talk about celebrities, we usually assume either they’re travelling in luxury cars or flying from one place to another by their private jets and choppers, but in the case of Jeff Bezos the results are contradictory. You’ll not believe it, but the man who’s currently on the list of top 5 richest persons in the world surprisingly drives the Honda Accord, which is one of the decent but affordable cars in the market.
Jeff Bezos used to work at Wall Street before he founded the largest online retailer in the world. Before you give it a second thought that he’s driving a newly launched Honda Accord, then hold your horses, it’s not a recent one. He’s been driving the Honda Accord, which he bought in the year 1999, which gives us clarity that Amazon only spends money on things that matter to the customer. Also, in one of his interviews, when asked about the reason behind this unobvious choice of ride, the man who has a wealth of close to $200 billion smiled and answered, “it’s quite a good ride”.
Mark Zuckerberg
The second billionaire who prefers an affordable car over a luxury car is quite an obvious name to guess, and everyone knows why? The next person on the list is the man behind the glorious success of Facebook, Mark Zuckerberg and if you don’t know why it is an obvious name, have you ever noticed the Facebook founder and CEO in a different outfit than his regular plain grey Hanes t-shirt and blue jeans? Obviously not! Now think, if a man who owns several top social media platforms prefers simple outfits for his everyday outing, then why would he invest a hell of a lot more money for a regular ride?
The millennial software mogul was often spotted driving a black Acura TSX (approx. priced at 25 lacs) and Honda Fit, which is marketed as Jazz in India. Along with these two cars, he was even spotted driving an Italian-made car, Pagani Huayra, on some occasions. When asked why he prefers Acura TSX, he said, “it’s safe, comfortable and not ostentatious.” About Mark Zuckerberg, the millennial software mogul, almost everyone knows he prefers to live below his means, and he never misses to show it to the world.
Alice Walton
Alice Walton is not a very common name when it comes to billionaires, but you can always guess about someone’s family background by taking a look at their last name. The co-heir to the fortunes of Wal-Mart and daughter of Sam Walton, founder of Wal-Mart, is the second wealthiest woman in the world, after L’Oréal heiress Françoise Bettencourt Meyers. Alice, the current board member of Amon Carter Museum, owns over US$13 billion in Walmart shares, but when it comes to spending some, she’s a pretty economical person.
Alice drives a newer but still considerably older 2006 Ford F-150 King Ranch, but her reason for driving the car is a bit more sentimental. Her father, Sam Walton, used to drive a 1979 Ford F-150 before his passing, and that’s why she has an emotional attachment with the Ford F-150 cars. Another angle behind preferring the Ford F-150 might be her involvement in multiple automobile accidents. In one of them, she lost control of a rented Jeep during 1983, shattering her leg, and in the later years, she once overspeeded and killed 50-year-old Oleta Hardin, and in 1998, she hit a gas meter while driving under the influence of alcohol.
Warren Buffet
Warren Buffet is an American business tycoon, investor, and philanthropist who likes steaks, Coco cola and candies from See’s that Berkshire owns. Mr Buffet serves as the chairman and CEO of Berkshire Hathaway and is famous for making billions on Wall Street with some serious investments. Warren Buffet is known for spending a minimal amount on almost everything; for example, he never spends more than $3.17 on breakfast, and he lives in the same house he bought for $31,500 in 1958.
Warren Buffet is not the guy who will waste a dollar on materialistic items, and he proved it by driving domestic cars. He drove a 2006 Cadillac DTS for nearly a decade, and recently he purchased, a new 2014 Cadillac XTS when his daughter convinced him it was embarrassing. When it comes to the share market Warren Buffet has a keen eye for when and when not to spend cash, but about cars, he’s not much interested in having luxury models. When asked for the justification, he said, “I only drive about 3,500 miles a year so I will buy a new car very infrequently.”
Steve Ballmer
Steve Ballmer is a former CEO of Microsoft and owner of the Los Angeles Clippers. He served as the CEO of Microsoft from 2000 to 2014, and just like several other billionaire Microsoft executives, he prefers to drive a cheap car. The American business tycoon and investor is a loyal Ford customer and has proudly driven Ford cars for most of his life because his father was a manager at Ford Motor Company. In 2009, Ford CEO at the time, Alan Mulally, personally delivered a new Ford Fusion Hybrid car in celebration of their one-millionth vehicle equipped with SYNC, an in-vehicle communications and entertainment system.
Larry Page & Sergey Brin
Larry Page and Sergey Brin together founded Google in 1998 and Alphabet in 2015. Since their Stanford University days, these two have been working together and have achieved massive success in their profession. Larry Page and Sergey Brin have a net worth of over $50 billion each, but their similarities don’t end there, as they both opt to drive Toyota Prius for a while now. Speaking about individuality, Larry Page is the 8th richest person in the world and only takes an annual salary of $1, and he’s very unconcerned about the low pay while Sergey Brin, the president of Google’s parent company, Alphabet and the brother-in-law of Susan Wojcicki, CEO of YouTube, shares his partner’s fondness for the eco-friendly hybrid vehicle.
Dustin Moskovitz
If you’ve seen David Fincher’s 2010 release movie, The Social Network, closely, then you might have an idea of who’s Dustin Moskovitz. He is one of the young wizards associated with founding the world’s biggest social media site, Facebook. After his exit from Facebook in 2008, he cofounded Asana, a web and mobile application designed to help teams organize, track, and manage their work. In March 2011, Forbes reported Moskovitz to be the youngest self-made billionaire in history, and he only holds a 2.34% share in Facebook. Despite having a net worth of over $25 billion, Dustin Moskovitz prefers to live like an ordinary guy and drives a Volkswagen R32.
In this video, we have compared three TWS earbuds – Jabra Elite 3, Jabra Elite 85T, and Galaxy Buds 2. Watch the whole video to find out which one is better.
The Indian Automobile Industry is ranked as the 5th largest in the world and is expected to move up to be the 3rd largest by 2030. Despite this impressive growth, India still needs a dramatic shift in the mobility sector so as to cater to its vast, ever-growing population. With the crude oil prices drifting up internationally, as well as the rocketing fuel prices, the existing models might not suffice in the coming years; as technology needs to be environment-friendly and cost-effective at the same time. What, then, should be the alternative?
Electrification certainly seems to be the talk of the town in this regard. It would do a great deal in reducing vehicular emissions – which are a key contributor to air pollution, a major and looming issue today in all the big, crowded cities of the country. The Indian auto industry has been buzzing with new innovations and trends with respect to this in the recent years. It all started with the “Reva” electric car which made its debut in the year 2001 (and later got acquired by Mahindra), and a few e-rickshaws which entered the market at that time. Since then, there have only been a few automakers (both four & two wheelers) to fill the gap. But the concept of electric vehicles, that used to turn just a few heads, is now catching everyone’s attention. It can definitely be said that electric vehicles are on their way to becoming a lucrative solution & a bright reality.
Besides the strengthening of EV and related component manufacturing, the battery prices are also expected to fall by more than 30% by 2025, which will make electric vehicles more affordable over the period of time. Also, the government of India has announced various tax redemptions and subsidies to further encourage more people to consider EVs. Under the Make In India programme, the manufacturing of EVs and their associated components is expected to increase. On the economic front, large-scale adoption of electric vehicles is expected to bring down the dependency on foreign oil & petroleum imports. The running cost of EVs, as compared to fuel could fall as low as Rs 1.1/km from that of Rs.6-10/km of a diesel or petrol vehicle , helping an electric vehicle owner save up to Rs. 20,000 for every 5,000km traversed.
Further, a holistic e-mobility ecosystem is complete only with an effective charging infrastructure & e-mobility service providers (rentals, charging spots, battery swapping stations etc.) and related regulations. Currently, charging infrastructure for EVs is an area of concern; however, there have been some positive developments with more and more OEM’s entering the market with their products and collectively helping set and grow the infra across the country.
The demand for electric vehicles in our country is driven by the concern of fast-charging batteries coupled with great performance & extended driving range. Indians are known for being value-conscious & thus the number of EVs selling today is less. Talking money, the running cost of a diesel/petrol vehicle can be tremendously more than that of an EV, but the initial investment is what gets heavy on the pockets. It is this mentality which needs to be changed.
For automotive players today, the primary challenge is to develop quality battery packs with extended range and longer lifespan; batteries which are safe and can store & deliver a lot of energy. In the current ecosystem, lithium ion batteries have emerged as the most suitable option.
Reservations do exist among consumers today due to the limited range of these vehicles and the lack of charging facilities, as well as the high operating costs behind setting up Public Charging Stations (PCS) – the burden of which would be passed on to them in the form of higher tariffs. As a result, EVs are only used for short, irregular trips and have yet to become the norm. However, despite these infrastructural limitations, continuous investments are taking place in the research and development arena to make EV and associated technology more cost-effective. Along with this, an increasingly facilitative role is being played by the Government in providing concessions to encourage their adoption. Finally, with the realization of the practical realities surrounding traditional vehicles and their externalities, these factors will cumulatively begins to shape the consumer’s preferences favourably towards EVs. They will surely become a viable and optimal alternative in the coming future, with immense potential to transform the landscape, and usher in a new era for the automobile sector.
India can benefit on a large scale with the widespread adoption of e-mobility. Various government interventions can definitely play a vital role in advancing electric mobility in the country. Indian policymakers have been actively pushing EV adoption in the recent years, by introducing various plans like NEMMP (National Electric Mobility Mission Plan, 2020) , the Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) and other electric campaigns under different state governments.
Bitcoin and cryptocurrency payment services, the world’s biggest network. today confirmed that US BitPay Digital Mastercard cardholders will link their wallet to Apple WalletTM and spend with Apple Pay. great, ain’t it?BitPay cardholders can make safe transactions in shops, on mobile, and online via Apple Pay.
BitPay’s U.S. cardholders will now add their Apple Pay wallets to their prepaid Mastercard.
BitPay said its bitcoin cards could be linked to its Apple Wallet on Friday, opening a unique way for cryptocurrency holders to shop through Apple Pay.
We have thousands of clients using BitPay Card with the BitPay Wallet app who are always searching for new places and ways to invest their crypto,” We include thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” said the chief executive of BitPay.
BitPay continues to innovate its global blockchain technologies to make payments quicker, simpler, and easier than ever for Bitcoin and other cryptocurrencies. The BitPay Wallet app is designed to allow Bitcoin to be managed and spent by customers, converted into dollars, and spent with the BitPay Card as well.
The BitPay Wallet feature offers a set of services to leverage blockchain users that purchase and store crypto and make online payments. Users will quickly purchase gift cards in stores and online from hundreds of the largest brands. The BitPay Card allows clients to convert cryptocurrency to fiat currency immediately, which then is loaded onto the card and can be spent anywhere Mastercard debit is authorized.
Bitcoin, Bitcoin Cash, as well as Ether, are backed by the BitPay Wallet software, as well as four dollar-pegged stable coins, USDC, GUSD, PAX, and BUSD. Cardholders should have the latest release of the BitPay app to connect a card to the Apple Wallet. the benefits are innumerable let’s see:-
BitPay: Benefits
In 2011, when Bitcoin was in its beginnings, BitPay was developed. The scope for Bitcoin was seen by Mr.Stephen, founder of BitPay – to revolutionize the finance industry. making payments on such a global scale faster, safer, and far less costly.
With the mission of transforming how corporations and individuals send, receive, and store money, BitPay pioneered blockchain payment processing. Its business solutions remove fraud fees; reduce payment processing costs and enable, among many other features, seamless payment in cryptocurrencies.
BitPay provides a full digital asset management system with customers that involve the BitPay Wallet and BitPay Prepaid Card.
allowing them to transform digital assets into dollars for the vast majority of companies to invest in.
The card is now available in the U.S., with the company’s website enabling customers around Europe to sign up. with expected recent versions on a waiting list. there is no doubt India is waiting for it too!
Cryptocurrency since its inception back in 2009 has created quite a market for itself. A lot of discussions have been put into Crypto mining. It is regarded by some as a savior as it has allowed the investors to get out of the centralized economic systems across the globe. Although there is one drawback to this new innovative digital currency and it is associated with its mining. Before discussing the issue related to mining for those, who are new to this topic let us briefly discuss what is ‘mining’? Mining can be termed as a form of computer control auditing which uses the full potential of a computer’s processor and hence consumes a substantial amount of electricity. This electricity produced through nonrenewable resources is not environment friendly nor cost-effective. Therefore it is deemed unsuitable for mining. This brings in ‘Cow Dung’ or it will be more polite if we say ‘biogas’.
Cow Manure a Relief for Already Depleting Fossil Fuels
Biogas produced from animal manure is a renewable source of energy. Fossil fuels on the other hand are not. Crypto Mining has long been blamed to use a large amount of energy for its mining purposes. The energy has been obtained mostly from fossil fuels. The burning of fossil fuels has resulted in the production of greenhouse gasses. This issue has gained so much importance over time, that even some of the tech giants like Elon Musk who himself has spent a huge fortune on Bitcoins — one of the Cryptocurrencies have said that, “Bitcoin mining was bad for the environment”. This defines a lot about the change in perceptions. The energy that is obtained through anaerobic digestion will not only be renewable but also eco-friendly.
Electricity Shortages and a Surge in Crypto Mining
As the world and especially the third world countries are facing a nose-dive in the energy sector, the crypto mining demands for more energy are ever-growing. This has brought the world to an unprecedented situation which no one had to believe a few years before. In the words of Professor Brian Lucey “Bitcoin alone consumes as much electricity as medium-sized European country”. It is not just hearsay by the professor, as in one of the researches conducted by the Cambridge University, an index suggested that 133.68 terawatt-hours of electricity were consumed by just Bitcoin mining in one year. On contrary, a country like Sweden consumes 131.8 terawatt-hours of electricity. This has forced the energy sectors of the world for new and indigenous methods and what better than ‘biogas’.
A life changer for the Livestock farmers
The production of energy from renewable resources can open a new horizon for the livestock farmers who waste a lot of animal manure annually. The biogas obtained through anaerobic digestion can help the farmers to start a lucrative side business for themselves. They can earn many times the amount of income that they can achieve if they would utilize the energy in some other way. They can start mining the crypto themselves. This is much lucrative for those farmers who have a large number of cattle at their disposal as they can produce more ‘green energy’. This will help the farmers to grow and will also facilitate the crypto industry.
How to Make Electricity From Animal Manure?
I hope you are convinced so far? If yes, then this leaves us with only one piece of the puzzle and that is how to turn the ‘Cow Dung’ into ‘Crypto Coins’. Well, let’s discuss it. The process of making electricity from animal manure is simple starting from gathering animal manure and then putting it in a digester with a continuous supply of heat to produce ‘methane gas’. Which is again burnt in an ignition engine to start a generator and from there the electricity is produced which in this case can be utilized in running the computers for mining the cryptocurrency.
Globalization has posed new challenges. The energy sector is the frontier for future conflicts. This brings us to the need to start answering these challenges with new innovative ways as the saying goes “Modern problems require modern solutions”……..
