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.
Tag: Tech magazine India
Future of electric mobility in India
Clean, green and surprisingly fun
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.
Legion 5 Pro: A No-Nonsense Gaming Laptop With The Best Display
The latest Lenovo Legion 5 pro has to be one of the best gaming laptops with an AMD Ryzen 7 5800H CPU and a monstrous Nvidia RTX 3070 GPU. The predecessor laptops that came with the graphics card of the 2000 series were a bit of hard luck for Lenovo since Nvidia introduced its new 3000 series soon after.
This device is quite impressive in terms of its power-packed performance. It can be a suitable replacement for a gaming desktop because a gaming PC with an RTX 3070 requires a 750W of power supply meanwhile, the Lenovo Legion 5 Pro gaming laptop uses a 300W power brick. However, the desktop GPU will always remain powerful.
Lenovo Legion 5 Pro
Design
The overall case design and build quality seem quite impressive to me. You can easily open the lid with a finger effort but don’t worry, the hinge is solid and won’t totter a bit. The device has a large keyboard and a trackpad. The key is plastic and doesn’t take a lot of force to press. It also has a curvature that helps you centre your keystrokes.
The logos on this laptop looks quite classy and subtle. One drawback, however, is that the screen does not fold back to 180 degrees which I think would have been better if the plastic piece wasn’t there for the backstop.
The entire unit feels premium with an aluminium exterior with durable plastic components. Starting on the left, there’s a single USB-C port, along with the headphone/microphone combo jack. On the left is a single USB-A port. Here is something remarkable – Right next to that is a small switch that physically disconnects your webcam when not in use.
Display
Gaming laptops tend to offer fast Full HD displays, and Lenovo excels in this domain. Legion 5 Pro offers fast refresh(165 Hz) and has upped the resolution to 2K in a 16:10 aspect ratio. The display is quite right and seems perfectly calibrated.
We like Apple’s iPad or Macbook’s display because it is bright and colour accurate. Lenovo seems to be catching up with that.
Performance
The Legion 5 Pro comes with a Ryzen 7 5800H, an octa-core processor with a maximum TGP of 140W. The model also bundles 16GB of RAM, clocked at 3200 Mhz. There are two other RAM modules that can be upgraded if desired. For storage, you got two 1TB SSD instead of one 2TB SSD, which is kind of weird, but whatever gets the device rolling!
What I like about Legion 5 Pro is that it utilizes a unique cooling solution. The device consists of large heatsinks, some heat pipes, and a pair of large fans. It offers a perfect balance between the quiet fans and the performance. The gaming loads were hot, as expected, but it was a lot cooler during regular use.
Legion 5 Pro also has a nice set of speakers that amplitudes as high as 80dB, which is good enough for playing games and streaming a show.
Lenovo Legion 5 Pro Specs
Processor
AMD Ryzen 7 5800H 8 x 3.2 – 4.4 GHz, 65 W PL2 / Short Burst, 45 W PL1 / Sustained, Cezanne H (Zen 3)
Graphics adapter
NVIDIA GeForce RTX 3070 Laptop GPU, 140 W TDP, switchable hybrid GPU mode (UEFI settings / Lenovo Vantage app), Radeon RX Vega 8
Memory
32768 MB, 2x 16 GB DDR4-3200, dual-channel
Display
16.00 inch 16:10, 2560 x 1600 pixel 189 PPI, 100%sRGB with 500nits of brightness
Mainboard
AMD Promontory/Bixby FCH
Storage
1TB SSB
Battery
81Wh
Crypto Influencer: Changpeng Zhao aka CZ!
Let us know him!
Changpeng Zhao, known as CZ, is the founder and CEO of Binance, a cryptocurrency exchange that’s been the largest globally, within only around 180 days. The Chinese-Canadian coder designed high-frequency trading systems for Wall Street. CZ is now a prolific capitalist with such an excellent record of profitable start-ups. He launched Binance in July 2017 and, it became the largest cryptocurrency exchange in the world. He spent his time making burgers before studying at McGill University in Montreal. In 2005, CZ left his position as Head of Bloomberg Tradebook Futures Research & Development Team & relocated to Shanghai to launch Fusion Systems. He soon learned about Bitcoin and joined Blockchain.info as Head of Technology. An expert in blockchain and trading systems, CZ has developed Binance into the leading blockchain ecosystem.
STORY
The story of Binance is expressed by the hundreds of other people who created its foundation, and also the millions that trade on the world’s top cryptocurrency exchange. He later discovered Bitcoin in 2013 during a poker game, and after he decided to go all-in with crypto by giving his life to it. He even sold his home to buy Bitcoin. But when the price of BTC fell from $600 to $200 at the time of his purchase of BTC, he mounted. Although CZ might have gone everything to Bitcoin, you might not have to sell your flat to buy Bitcoin.
After becoming a technology pioneer there in crypto wallet provider Blockchain as well as the crypto exchange OKCoin, CZ invested in creating its very own exchange, merging the strong trading platform in which it built with the promise of crypto. As a result, Binance released an ICO of $15 million. He also spearheaded Binance’s creation of an exchange that provides high volumes of low rates and diverse opportunities for consumers. In just a brief period, Binance’s platform demonstrated too appealing for the crypto community to face ongoing challenges. Within only 6 months after its launch, Binance soared to No. 1 throughout the Crypto Exchange rankings and maintains that status even today.
- Significant Increase after Decentralization
Also with the pole position in place, CZ saw the Binance exchange as a phase one in a wider crypto ecosystem that offers offerings to several crypto-related demands and potential. This included significant steps, such as the launching of a decentralized exchange named Binance DEX and the implementation of the Binance Chain blockchain, as well as the launch of Futures and Margin trading on the network, placing it in competitive advantage with much more platforms.
Thanks to CZ’s energy, intensity, and determination that spreads to an entire organization, that is now 1,000+ powerful and distributed across over 40 countries, representing 180+ territories around the world.
Binance is a global leader in Blockchain Industry giving hope to the crypto future, crypto savings, and a crypto life!
Want to know more, read: Bitcoin benefits Apple Pay Users! Is Android still on run?
Bitcoin benefits Apple Pay Users! Is Android still on run?
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!
hey, you can also read about: Bitcoin vs Gold: let’s Re-evaluate!
Animal Manure-Reshaping the Future Energy Frontiers of Cryptocurrency Mining
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”……..
Whopper with a Side of Bitcoins: Burger King is Giving Cryptocurrency With Its Items
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!
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.
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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.
Read more about blockchain : Bitcoin: The Arbitrary Ruler!
How is Singapore leading with Blockchain and Crypto Development in 2021?
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.
know more about crypto: Evolution Of Currency From Traditional Method To Security Token
Evolution Of Currency From Traditional Method To Security Token
What is the buzz about the term “token”?
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.
so this is all about security coins, also read more about: How Can Blockchain Solve Problems Related To Senior Citizens?