Tag: #techmagazineIndia

How does Blockchain Investments Firm offer higher return per fiat currency?

If you have followed banking, investment, or cryptocurrencies over the past decade, you have probably heard the term blockchain as a recording technology for the Bitcoin network. A blockchain is a peer-to-peer network that sits over the Internet and was introduced in October 2008 as part of a proposal for Bitcoin, a virtual currency system that shuns central authorities to spend money, transfer property, or confirm transactions. The technology that underpins Bitcoin and other virtual currencies are the blockchain, an open, distributed register that records transactions between two parties in a verifiable and permanent manner.

Examples of replacement currencies are cryptocurrencies, a new form of the currency system that has emerged from simple bitcoin payment technology. Cryptocurrency (cryptocurrency) is a digital currency used to purchase goods and services through an online register with strong cryptography to secure online transactions. Blockchain has potential applications beyond bitcoin and cryptocurrency.

The most important thing to understand is that Bitcoin uses the blockchain as a means of capturing a payment directory, while the blockchain can theoretically be used to capture any number of data points. The history of transactions (blocks) makes Bitcoin irreversible. Other cryptocurrencies such as Ethereum can do better than Bitcoin but are limited by the blockchain.

Although many practical applications of the blockchain have been implemented and researched, it made a name for itself at the age of 27, not least because of Bitcoin as a cryptocurrency. Bitcoin’s complete records have been stored on the blockchain since its inception, which is the entire history of all bitcoin transactions. But like any database, Bitcoin needs a collection of computers to store it.

Stock trading in established companies is much less risky than investing in cryptocurrencies such as Bitcoin. A low-risk approach is to use blockchain databases and applications to manage physical and digital assets, record internal transactions, and verify identities. It should be noted that currencies need stability to determine the fair price of goods and for traders and consumers to consider cryptocurrencies as the currency of the future.

Coinbase is one of the most popular cryptocurrency exchanges where you can create a wallet to buy and sell Bitcoin and other cryptocurrencies. Blockchain has the potential to become a system for recording transactions. Once you have set up an account on a stock exchange, you can transfer real money to buy cryptocurrencies such as Bitcoin and Ethereum.

From an entrepreneurial point of view, it is helpful to see blockchain technology as a kind of software to improve next-generation business processes. Financial service providers are on their way to blockchain deployment.

Activating cryptocurrencies such as Bitcoin puts them on the corporate balance sheet as a simple and quick entry point for the use of digital assets. Another reason is that blockchain technology offers a higher return per dollar spent than most traditional internal investments.

Also read : Is Blockchain-Based Ecommerce Platform really possible?

Is Blockchain-Based Ecommerce Platform really possible?

As online retailers incorporate blockchain technology into their business processes, they give their customers redeemable bonus points when they reach certain spending thresholds. A network of computers known as nodes, miners, or peers maintain their blockchains by validating and transferring data about digital transactions and the movement of cryptocurrencies from one network user to another.

By using blockchain to track its supply chain, an e-commerce company can ensure that suppliers adhere to criteria, commit not to replace products without notice, and ensure transparency in maintaining the process. A single breach of data can cost an e-commerce retailer millions in revenue and much more brand expertise and blockchain provide a level of security that retailers can not afford. By capturing transactions along the chain and granting rebates and rewards to customers when they reach purchase thresholds, blockchain-based loyalty program management makes them faster and safer.

Blockchain – E-commerce secures the security of millions of users of private and confidential e-commerce platforms. Blockchain is based on Distributed Ledger Technology (DLT) which offers a greater level of security than what is available in online databases and platforms. Blockchain-based distributed ledger technology is based on DLT, which provides the highest security available in any online database or platform.

E-commerce sellers rely on leading bitcoin and a host of other cryptocurrencies to leverage low-cost digital payment solutions. One of the biggest advantages of blockchain technology is that it allows retailers to combine services such as payment processing, inventory management, product descriptions, etc. For retailers, blockchain software development enables them to handle transactions such as payment processing, product search and purchase, customer service, and securing digital assets.

Blockchain e-commerce companies can combine inventories management, payment processing, product descriptions, images, and other business activities. Distribution services, enabling loyalty programs, tracking transactions records, constructive criticism, and feedback, and efficiency are just some of the many benefits blockchain development brings to retail and e-commerce businesses. Smart contracts, Ethereum-based transactions, supply chain tracking (hyper ledgers), records, inventory management, better supplier relations, and better traceability of medicines such as medical marijuana in traditional retail are just some of the hurdles retailers face when they test blockchain deployment in their processes.

Blockchain-based technology is predicted to be a major disruption in many business applications and processes with a huge impact on e-commerce. Companies are exploring a range of blockchain-based e-commerce startups to improve brand management systems for retailers, secure international trade flows, reduce ubiquitous fees associated with financial transactions, and reinvent loyalty programs. This blog will discover innovators who are considering the implementation of blockchain technology solutions and e-commerce platforms in the development and development of the retail market.

Blockchain technology for E-Commerce Ethereum is a platform for e-commerce brands that want to manage their blockchain and bitcoin cryptocurrency, which led to the development of Blockchain technology that allows customers to make purchases locally and through apps accepting Bitcoin payments. The benefits of blockchain for e-commerce go beyond cheaper business processes, better security, and an improved customer experience. The most common blockchain technology in e-commerce is Ethereum, which provides a platform for e-commerce brands that want to manage their blockchains and bitcoin cryptocurrencies.

Ethereum provides a convenient platform for e-commerce sites that want to manage their blockchains. It is obvious that within a few hours, a blockchain-based e-commerce platform is needed to promote an improved and reliable online shopping experience.

Blockchain, a decentralized and distributed ledger technology, gives platform users the right and responsibility to own and protect their data without relying on a central authority, without sacrificing data integrity, security or theft. E-commerce brands can manage sensitive consumer information with the utmost security by leveraging the decentralized cryptographic architecture of blockchain ledgers. Blockchain is a distributed ledger technology that gives platform users the rights and obligations to own and protect their data without relying on a central authority and without sacrificing integrity and security theft.

For example, OpenBazaar is a blockchain-based marketplace system with multiple sellers and there are many ways to add technology to traditional online shopping marketplaces with multiple stores. Companies are exploring a range of e-commerce startups using blockchain technology to bolster retailers’ “reputation management, secure the flow of international trade, reduce the ubiquitous fees associated with financial transactions, and reinvent commercial loyalty programs.

Market is a blockchain-based online e-commerce marketplace aimed at small businesses looking to tap the digital retail space, enabling them to post products and accept payments in cryptocurrency such as Ethereum. MCART Protocol is a decentralized influencer marketing and attribution platform made possible by blockchain technology. It serves as a customizable solution for brands and influencers who want to launch marketing campaigns in a purchasable marketplace. RetailGlobal is a blockchain-enabled global trading platform that brings together players from the local and international e-commerce landscape.

Blockchain offers many other benefits, including cost reductions, improving transaction business processes, and improving the overall customer experience. The introduction of blockchain technology into the supply chain will help users track orders and buy online. Alibaba’s cloud blockchain technology and its TMALL e-commerce platform allow users to track TMALL and their orders from luxury pavilions.

This allows the platform to offer its users unlimited cash and recoins based on ecosystem purchases of goods and services, resulting in financial rewards for the buyer. Tradove is a blueprint for corporate networks in the digital age and enables an e-commerce marketplace where users can sell and buy using cryptocurrencies.

How IOT AND OTT applications amount to Future Technologies?

Netflix, Hulu, YouTube, and Amazon Prime Instant Video are just some of the clear examples of successful OTT content delivery services. DirectTV’s lucrative sports package and HBO’s popular Game of Thrones series are just some of the top OTT streaming content that can be streamed across multiple screens and portable devices. As Ott content is delivered over a broadband connection to the Internet, consumers also have more options.

The dramatic rise of nimble (OTT) content providers like Netflix and Amazon Prime Video challenges this dominance, reduces revenue, and threatens growth. Consider how OTT services have changed the way we consume television and the media in a very short space of time. If the network-wide and communications-wide transformation is to deliver anything, we could see a similar revolution with the arrival of over-the-top service providers (OTTs), a cocktail of innovative services, the widespread popularity of smart devices, and a hint of widespread and widely available broadband.

As network operators develop home technologies to unlock the low latency and high capacity of 5G, OTT providers and broadcasters will have the opportunity to offer their viewers services ranging from live sports, 4K and 360 videos, headcam recording, virtual reality, and other immersive experiences. Shortly, 5G is expected to disrupt the way we consume content and global OTT operators are aware of this well. It will pave the way for the fourth industrial revolution with high-speed wireless connectivity, AR and VR apps, autonomous vehicles, personalization based on consumer preferences, access to continuous health monitoring through IoT and Smart City devices, and the development of exciting and innovative services.

The Internet of Things ( IoT ) is an emerging network of smart devices and sensors including many everyday items that begin to send and receive data. New York, 2020 – Analysts predict that the Internet of Things will eventually connect 20 billion devices, and these devices will generate data that can be managed and analyzed. The Internet is part of a broader challenge to America’s network infrastructure, which is likely to see a surge in traffic, owing to the increasing use of virtual reality, machine learning, and other emerging data-intensive technologies.

The latest trend in the OTT video streaming arena is the introduction of the Internet of Things (IoT). In this scenario, OTT and video platform players compete with each other to increase their subscriber base through monetization to the IoT and since OTT enables data sharing between IoT devices and OTT services there is attractive potential. In a highly competitive OTT/video platform landscape, the skilled use of data is critical to success and requires the full deployment of technologies such as AI, machine learning, automation, and IoT.

The phenomenal growth of OTT applications is largely due to improved accessibility of content via high-speed Internet, the high-quality streaming capacity of devices, and advances in technology analysis and artificial intelligence. This outbreak has led to an increase in content consumption across devices, with consumers switching from using Amazon Fire Stick and Google Chromecast to the new era of smart TVs for OTT consumption. There are new monetization opportunities for existing networks and OTT service providers to take advantage of performance improvements and cost reductions.

While we use IoT (Internet of Things) technologies, consumers will use voice shopping in the future to maintain an effortless lifestyle. The first hurdle for OTT streaming is that other technology providers will continue to meet consumer expectations. The relationship between OTT service providers and network operators will be more akin to a merger and acquisition.

In recent years, major internet companies such as Google, Facebook, and Microsoft, as well as leading OTT content providers such as Netflix have heavily invested in infrastructure such as data center space and network capacity. Digital natives and OTT competitors can piggyback on this expansive infrastructure, including the last mile services that connect consumers to the content they want to see, and they can benefit from it in a variety of ways. In the Internet of Things (IoT), there are huge untapped opportunities to bring content to portable devices like this, Miller says.

The answer is to use the Internet of Things (IoT), machine learning, and other self-service technologies to interact with customers on a personal level. The IoT is a hybrid network with optical fiber in new locations and many, many wireless connections, according to network infrastructure experts, which increases data capacity and coverage density with small cells and distributed antenna systems. OTT and IT mobile networks are not the only areas to be affected by the IoT.

Digital Home Services (DHS) combines emerging technologies such as Oracle, IoT, AI, mobile chatbots, and remote video to support advanced digital customer management and deliver the next-generation digital home services. Replay consists of pre-integrated OTT back-end components (CMS, SMS, OTT Middleware, engagement, usage analysis, content discovery, and ad tech solutions) together with world-class UI / UX design and application development to enable our customers to experience satisfaction and grow their business.

It changes the way we consume media, underpins the business case for new services, and offers attractive prices that reach end consumers. Market forces such as exponential growth in content and a realignment of distribution models are forcing a realignment and investigating how industry technologies such as AI, immersive reality, IoT, and 5G can be leveraged.

The FCC, major pay-TV providers, and technology startups are engaged in a multi-party dispute over the future of broadcasting television content via set-top boxes and TV app ecosystems. OTT is a media service or streaming media service offered to viewers via the Internet. The term over the top (OTT) refers to the provision of audio and video content to users over the Internet without subscribing to traditional satellite providers.

The integration of Amazon Alexa and Google Assistant into OTT platforms and streaming services will provide more user-friendly and easier search options for content, voice commands, and an enhanced customer experience through artificial intelligence. Part of the OTT model is generally an IoT experience that breaks the shackles that bind us to our old approach, with each iteration enriching the user experience and expanding the possibilities of the service.
Also read : How are Utility Tokens different from Security Tokens?

How are Utility Tokens different from Security Tokens?

even though tokens are not issued as an investment, they are exempt from compliance with federal securities regulation legislation. In a June ruling, the SEC found that the most popular cryptocurrency, Ethereum (ETH), can now serve as security because it is a service token.

When a company creates a service token, it usually means that it creates a kind of digital voucher that can be redeemed for discounts, fees, and special access to products and services in the future. Unlike security marks, which are designed as investments, utility marks are not intended to give their owners the ability to control decision-making. Remember that unlike security token contracts, which are the ownership of a legitimate asset, supply tokens are a tool to motivate holders to contribute to the governance and decision-making of the network.

In short, a voucher entitles its holder to property rights, while a voucher can be considered a voucher that grants the holder access to a particular product or service. Utility tokens provide added value to users of a particular DAP or blockchain ecosystem that is different from security tokens that are purely an investment contract.

As discussed above, companies use tokens to raise funds for project development, store value, and create an economy on a particular blockchain. Unlike tokens, when investors purchase a token, they are not offered an actual share or monetary ownership of the company.

While most ICOs represent investment opportunities for the company itself, most tokens are considered securities. Security tokens are created as investment tokens and holders are responsible for receiving dividends in the form of additional coins every time the company emits tokens or makes a profit on the market. Security brands, created as investment and supply brands to finance an ICO, serve to create both an internal economy based on a project and a blockchain.

Even if the token is classified as a security, the return on the investment is not controlled by the investor. If the investor controls the profits, the token is not considered a security.

A token represents the security or benefit of a company when, in the context of a public sale, it gives its investors a token that in the case of a supply token is called an ICO (Initial Coin Offering) and in this case an STO (Security Token Offering) token. Even though ICOs are closely associated with the concept of initial public offerings (IPOs), ICOs rarely include security marks, and utility mark developers prefer to use the term “token generation events” to refer to crowd sales that include such tokens. Although there are occasionally token offerings of securities (STOs), the vast majority of projects with IDOs, initial DEX offerings, and CEOs (initial exchange offerings) list their benefits.

In essence, a securities token is an investment contract representing legal ownership of physical or digital assets, such as real estate or ETFs, and whose ownership is verified via blockchain.

Securities can be used to represent assets of various classes of instruments, including equities, fixed income securities, real estate, structured products, mutual funds, equities, commodities, etc., that can be traded on a blockchain (distributed ledger). Digital tokens represent tradable assets in ICOs developed using secure blockchain technology. Tokens can be tokens, security tokens, trade tokens, rewards tokens, asset tokens, or currency tokens, depending on the type of project in which you are investing in.

Whether you are an ICO investor or blockchain cryptographer, you need to understand the difference between security tokens and benefit tokens. Security and supply brands can both make a profit, but it is difficult for many people to distinguish between them. In this case, it is worth knowing the difference between utility and security brands, as regulatory debates continue to influence the development of the blockchain industry.

A better balance can be found in securities brands that are digital, liquid contracts for a fraction of an asset, such as a house, a car, a painting, equity in a company, etc. The securities token ideas, known as partial ownership of real assets, are highly structured, meaning that investors can expect their ownership stake to remain on the blockchain register. Security brands are asset-backed, so they derive their value from the real equation of supply and demand, making them more stable than supply brands.

Supply marks help holders to trade in a certain way, while security marks are contracts that constitute legitimate ownership of an asset. The convergence of these one-time projects bridges the gap between traditional capital markets and blockchains, by symbolizing assets and transforming them into security tokens that give them the security and stability that regulated assets entail. Today, tokens and symbolized securities are a million-dollar concept that startups around the world embrace when crowdfunding.

Also Read: What is Swapping Token In cryptocurrency on Ethereum blockchain?

What is Swapping Token In cryptocurrency on Ethereum blockchain?

The new token-swapping feature is supported by leading non-custodian crypto exchange Cryptocurrency on the Ethereum blockchain, which means that users of Cryptocurrency’s own crypto market data aggregator can exchange Ethereum-based tokens on the platform. Cryptocurrency’s proprietary analytics website has also been integrated to enable the exchange of Ethereum and ERC-20 tokens. Given the combination of a 0.3% conversion fee and distributed liquidity from providers, Cryptocurrency’s popularity as a launchpad for popular Defi projects and tokens has grown to become one of the leading Defi platforms through Total Value Locked (TLV) – a measure of the total value of crypto assets locked on the exchange.

A token swap is a process whereby a parallel currency is exchanged at a pre-determined rate. Direct exchange of a certain amount of a cryptocurrency token by a user is facilitated by a special exchange service. A swap occurs when the underlying blockchain supports coin change and the holder takes action to access a new token.

If you sell a coin and purchase a token swap as a replacement, the token swap means that you have to exchange the old coin for the new one in exchange for some of its value. A token migration, even if it means buying a token as a full replacement token, is when a new token doesn’t exist when the swap takes place. Rebranding is when token names are changed, ticker symbols are traded and token trading happens when the underlying blockchain supporting the token is changed and holders are forced to do some action.

Token swaps can also occur when a project migrates from a third-party smart contract platform to its blockchain. In such cases, token swaps are possible, where developers migrate their tokens from one blockchain base to another while maintaining address balance. Many major exchanges process token swaps on their platforms, where a user can receive credits for the new token if he holds the old token in his trading account.

A token exchange, also known as token migration, occurs when a project uses a blockchain to raise funds such as the Ethereum network and then migrates its tokens to a proprietary blockchain to start it as the main project. Token swaps can also occur when a crypto project starts its blockchain and wants to move its tokens from the blockchain of Ethereum to its new network. This is called a token swap because the process involves transferring token bearer credit from one blockchain to another blockchain.

Token swaps are one of these innovative advancements designed to reduce the overhead, cost, and time required to exchange one crypto value for another. Token swaps are a process whereby cryptocurrencies are transferred between blockchains at a predefined rate. They are also a medium of exchange, and the term refers to the extensive migration of a project from one blockchain to another, which is why DEXs are so popular.

The new version of Cryptocurrency allows users to exchange one token for another. To swap, open Cryptocurrency on your phone and tap the New Exchange button to create the token you want to swap, choose a quote, and swipe to make the swap. 1 inch at the bottom of your navigation bar, confirm that you are not a resident or citizen of a geo-limited region, select a pair of tokens, see the estimated exchange price, enter the token amount for the swap, tap Next,

Cryptocurrency seeks to solve the problem of decentralized foreign exchange liquidity by allowing exchanges to exchange tokens without relying on buyers and sellers to generate liquidity. Clicking on the platform displays the tokens that are available to exchange and request a wallet connection.

In short, Cryptocurrency is a decentralized exchange based on Ethereum (DEX), which enables the exchange of ERC20 tokens. The cryptocurrency analytics platform Ventures is located in the area of token-swapping and decentralized stock exchange (DEX) with its latest offering. There was an ICO boom in 2017, with many blockchain projects raising money through e-Books on the Ethereum blockchain or other smart contract platforms.

In 2017 and 2018, many projects with Ethereum ERC20 tokens and scheduled token swaps started with their native tokens when their blockchains were ready. One of the key criteria for a successful token swap is that the exchange listing the ERC2.0 token must support the token swap and confirm the date on which trading will allow the new native token. The decision to exchange tokens with oneself is a personal decision.

If you want to exchange tokens with the ease of a trading platform or have the option to exchange coins yourself, you should consider swapping tokens. With a simple login process and seamless KYC verification, you can exchange tokens. The participating Exchange keeps your tokens in a wallet for you, and when the exchange takes place, the Exchange creates a new wallet for your account on the Exchange and transfers the new tokens to it.

To do this, the ETH must be present in the wallet to which the swap can send the tokens. If you have digital tokens migrated to the new blockchain, it is crucial to follow the instructions for token exchange, as your old tokens will become frozen and inaccessible if you do not register your tokens in advance to migrate and store them in an exchange that is not migrated in your name. This article focuses on what happens when a project’s token price is changed from the project’s ERC20 token to the project’s native token.

Also read : What are the different categories of security tokens available in the market?

Vu becomes Flipkart’s Big Billion Days’ highest-selling big television brand 7 years in a row

Vu Televisions continues to dominate India’s Luxury TV market as it once again becomes the highest-selling TV brand at Flipkart’s Big Billion Days sale. Riding high on this success and ushering in the festive season, Vu has introduced an upgraded line of its most popular luxury TVs.

  • The company’s large-screen TVs have witnessed incredible success at the Big Billion Days sale, with Vu TV being bought every 19 seconds on Flipkart.
  • The company’s luxury television lineup that includes their Vu Premium TV, the Vu Cinema TV Action Series, and The Vu Masterpiece TV will be introduced this festive season with upgraded features.
  • New features include AI picture boost technology, Dolby surround sound, Cricket mode, and an anti-glare screen with a matte glass finish.

Over the last few years, Vu has experienced an incredible response from customers in India, with a large-screen Vu TV being bought every 19 seconds on Flipkart since the beginning of its Big Billion Days sale. With a response nearly 4 times faster than other big premium brands (Sony, LG, and Samsung), Vu Televisions has come out on top as the largest selling TV brand in the 55″ or larger category for the 7th year in a row.

Vu Televisions continues to innovate with a slew of updated features across its range of large-screen luxury televisions with such exceptional market performance. With this new range, Vu introduces:

  • The world’s first TV entirely powered by artificial intelligence, AI Picture Booster technology enables the best picture output.
  • An immersive surround sound experience, with special Dolby certified box speakers.
  • Intelligent pixel technology in Cricket Mode enhances each pixel, particularly while watching a match, putting you ahead of the umpire!
  • And finally, Matte glass finish, an anti-glare display that guarantees the best visual experience while protecting your eyes.

Commenting on the launch, Devita Saraf, Chairman and CEO, The Vu Group, said, “Vu’s continued success is a clear reflection of the fact that Indian customers are truly intelligent buyers who don’t opt for the lowest costing TV and are willing to pay the right price for quality brands. Audiences today are much more discerning and are looking for better experiences from both the products as well as the brand. And with the response we’ve seen so far, it is safe to say that Vu Televisions has hit the mark on both counts. Also, the fact that more than 80% of the customers who purchased Vu TVs were returning customers or recommended to do so by a friend, shows how a good product speaks for itself.”

The festive season product range includes; the incredibly successful range – Vu Premium TV (in 65″, 55″ and 43″) that now has a set of upgradable features, as well as the Vu Cinema TV Action Series (in 65″, 55″ and 50″) in an all-new avatar. The crown jewel of the Vu portfolio, The Vu Masterpiece QLED TV (85″), will also be a part of the festive range and will feature its signature Armani Gold colour finish along with an in-built home theatre.

Website: www.vutvs.com 
Facebook: www.facebook.com/vutvs 
Instagram: www.instagram.com/vutelevisions 
Youtube: www.youtube.com/thevugroup

How to Block UPI Apps if You Lose Your Phone?

The Unified Payments Interface, or UPI, has become a regular payment choice for millions of Indians as it allows consumers to transfer money from one bank account to another bank account within a few seconds, and that too without any hassle. Apps like Paytm, Google Pay, PhonePe, Amazon Pay, BHIM app, WhatsApp Pay, MobiKwik, and banking apps such as SBI Pay, BOB Pay, and Axis Pay are a few of the top UPI payments apps in the country.

Almost 6 out of 10 smartphone-owners in India have one of these apps in their smartphones, which is directly linked with their respective bank accounts. All of the apps mentioned above are secured, and as per the latest reports, the National Payments Corporation of India (NPCI) has recently developed a method for transferring funds via UPI that does not require the use of an internet or mobile application.

The newly developed technology named USSD 2.0 allows smartphone users to send money via UPI by dialling*99# instead of the old method, which only works when the phone is connected to the internet. Almost every user knows how to utilise these UPI apps, but do you know how to block or deactivate these UPI payments apps from being misused if you lose your mobile phone? If not, we’re here to be your saviour.

All major banks in India support the UPI payment system to help the country transform into a digital economy. Currently, it is the most common and most favourable payment system in the country, with over 3000 million transactions to date. Also, in a highly populated country like ours, losing a smartphone is not a big deal, but it will definitely raise security concerns if you have an active UPI account on your smartphone. 

Nowadays, even a street vendor in India offers an option to pay via UPI, and every passing day we’re getting more addicted to the transaction system. Staying safe and alerted will never wreck you down, so first, understand one crucial element about UPI payment systems before getting into the step-by-step guide. Never share your UPI PIN or any other delicate details with anyone after losing your smartphone and during the whole process.

Step-by-Step guide on How to Block UPI Payments apps if You Lose Your Phone?

  • If you have a Paytm Account:

Step 1: Take another phone and call Paytm Payments Bank helpline number 01204456456, which will connect you with the customer care executive.

Step 2: After connecting, select the option for a lost phone.

Step 3: Later on, choose the option to enter an alternative number and enter your lost mobile number.

Step 4: Choose to log out from all devices, and head to the Paytm website, to select 24×7 help.

Step 5: Further, choose ‘Report a fraud’ and select an appropriate or any category.

Step 6: Click on the “message us” option and submit proof of account ownership (it can be either your credit/debit card statement showing Paytm transactions or a confirmation email/SMS for a Paytm account transaction or police complaint proof against lost or stolen phone)

Step 7: Once verified, Paytm will approve your request and block your account, and you’ll receive a confirmation message from the company.

  • If you have a Google Pay Account:

Step 1: If you’re a Google Pay user, then call the helpline number 18004190157 to block your account

Step 2: 

  • Choose your preferred language.
  • Inform the customer care executive about your issue.
  • Ask them to block your Google Pay account.

Step 3: If you’re an Android user, then you’ve one more alternative to block your Google Pay account. Android users can ‘remote wipe’ data from their phones saving them from after theft issues.

Step 4: Meanwhile, iOS users can follow the same by erasing their data remotely, but first enable Find My iPhone settings.

  • If you have a Phonepe Account:

Step 1: Phonepe users can call the helpline number 08068727374 or 02268727374.

Step 2: Select a preferred language and report your issue with your Phone Pe account by selecting the appropriate number option.

Step 3: Enter your registered phone number to get an OTP and then choose the option of not having received OTP.

Step 4: Now, select the given option to report loss of SIM or mobile phone.

Step 5: Further, you’ll be connected to the executive who will ask you the required information related to your account, and then the executive will initiate your block request.

  • If you have any other UPI Payment Accounts:

Step 1: First, call the customer care service of your network provider and request them to block your mobile number, which will restrict thieves from misusing your mobile number, generating a new UPI PIN, and do anything with your pre-linked UPI accounts.

Step 2: Next, call your bank helpline number and request them to deactivate your account linked mobile number and disable the UPI service.

Step 3: File an FIR complaint about losing your mobile phone and get a copy of the report so that you can use the copy of the FIR to apply for the same SIM card number in future.

What are the different categories of security tokens available in the market?

Equity Tokens

Except for how ownership is documented and transferred, an equity token is comparable to regular stock. The ownership of shares is traditionally printed and attested on paper certificates, with the tracking of shares maintained in a database. An equity token is instead recorded on an immutable ledger that is kept up to date by tens, hundreds, or even thousands of computers throughout the world. Holders of equity tokens are entitled to a share of the company’s profits as well as a vote. Equity tokens help a company’s decision-making, financial
outlook, and regulatory frameworks in three ways:
Investors can vote while being compliant with securities regulations. New and potentially more democratized
fundraising approaches are available to start-ups. Regulators now have a new and more transparent methodology for assessing a project’s fundraising.

Debt Tokens

A debt token is a short-term loan with an interest rate paid by investors to a company — it could be real estate mortgages, business bonds, or another sort of structured debt. The price of a debt token is determined by two factors: risk and dividend. This is because a medium risk of default cannot be priced the same for a real estate mortgage and a bond for a pre-IPO company. A smart contract, which represents debt security on the blockchain, resides on the network. Repayment terms are incorporated in the contract, specifying the dividend
model and risk aspects of the underlying debt.

Asset-backed Tokens

Tokens representing asset ownership include real estate, art, carbon credits, and commodities. Because blockchain is safe, irreversible, and transparent, it creates a trusted record of transactions, minimizes fraud,
and speeds up settlement times, making it a perfect fit for the commodities market. Asset-backed tokens are digital assets that have properties similar to commodities like gold, silver, and oil, and provide value to these tradable tokens.

security token

A security token is a one-of-a-kind token that represents a stake in an external asset or organization and is issued on permission or permissionless blockchain. Security tokens can be issued by governments and enterprises to fulfill the same purpose as stocks, bonds, and other forms of equity. With the introduction of Bitcoin in 2009, Blockchain became widely accepted. While cryptos and other
blockchain-related financing have a reputation for being unpredictable and speculative, the value of blockchain
technology and other kinds of distributed ledger technology in finance are widely acknowledged.
JP Morgan, Square, and Facebook, among other large banking and technology companies, have already entered
the blockchain field.
As blockchain continues to play a larger role in payments systems, such as CBDCs and stable coins, and the
context of liquidity, via asset tokenization through security token offerings, we’ll see more names.
The term ‘tokens’ conjures up images of initial coin offerings (ICOs), a technique of obtaining funds for crypto
ventures that became popular in 2017, and this is where we’ll start our adventure.

Also, Read:-What is the journey from paper currency system to digital currency system?

What is the journey from paper currency system to digital currency system ?

A medium of the element was expected in return for any kind of service and goods. People started growing to live in a big community and do trading There was a need for a. Proper barter system

Barter system

For trading, goods, or services as the medium of exchange in a barter system, some 10,000 years ago. Livestock, metals,  grains were interchanged for cattle, pigs, goats among individuals within a small community. Observed as a better mode of exchanging things than tonight one another. Not viable when the volume of trading was high.

Starter system

Need for an unbiased state-of-art system for trading higher volumes of goods like huge granaries of grains. Harnessing region’s offerings such as region’s minerals, precious metals ( copper and gold ) were used as commodity currencies as a medium of transaction. These forms of mineral, metal exchanges led to the invention of the coin system.

Electrum system

The first coin with a mixture of gold and silver known as “Electrum” was developed in the Lydia Kingdom ( now it is Turkey ). The coins were in irregular shape and size with the inscription on one side with weight ranging from 0.15 grams to 14 grams. Rulers started creating their coin currencies in metals which evolved into coin standardization. The simultaneous growth of the value of metals and their non-renewable aspect forced people to look for an alternate system.

Paper currency system

The paper currency system is a new beginning in the world Of Currencies. Wear and tear, fragility was the initial hiccups in the Paper currency system but it overcame all the issues. The availability of all kinds of denominations of currencies from smaller to higher enabled easy modes of transactions by people. The invention of electronic gadgets, internet forces the world to get into the digital mode and thus the need for digital currency.

Digital currency system

Money is stored in digital wallets and the transactions happen through the electronic form from the wallet. Payment of bills or any money transaction is processed digitally.No physical paper currency is required which is a great benefit. But this digital currency is still part of fiat currency, which is minted and controlled by the government. The problem of transparency across global still exists which led to the rise of incredible cryptocurrency System

Cryptocurrency system

The great invention of all time, cryptocurrency is the digital currency system. It is a Decentralised, Transparent, Blockchain-based currency System. The technologies used to provide a fair and unbiased from the early trading system. The artificial intelligent driven system prevents the transactions from being hacked or damaged. This has a higher potential in the economic growth for all.

Also read: What is up with HODL and all the bitcoin buzz?

What is up with HODL and all the bitcoin buzz?

Know your parodies first because today we are going to talk about the term HODL and Holding in the crypto world. HODL originated on a bitcointalk.com forum as just a short-form for the expression “hold” and even the crypto community thought it quite interesting because they know about using “HODL” as a phrase to describe the holding (instead of selling) in one’s cryptocurrency.

Industry sources said that India’s biggest crypto platforms witnessed exchanges almost triple and potential users greater than double to weeks before what is recognized as ‘half’ of bitcoin on Monday. With over 400,000 users, WazirX claims to be India’s fastest-growing cryptocurrency exchange, with an average app score of 4.6. WazirX is a part of the Community of Binance.

On the other hand, Giottus by building a strong customer site with top-tier customer service on par with the world’s best exchange markets is revolutionizing the way Indian users trade their digital assets.

Bitcoin brought investors periodic optimism in December, as its price increased exponentially and set records. The glorious spin in its price had pioneers of bitcoin making wild predictions away of its price.

Three months later, their predictions were much bleaker. If bitcoin was a stock, — equivalent will also be induced by market movements next year.

Fundamental drivers keep reinforcing organizational focus to Bitcoin:

  • Traditionally low interest – Set by the Federal Reserve and new policies in place verified that we can consider near-zero inflation rate for the near future, including an adverse influence on the bond as well as banking system set portfolio management of investors, and create opportunities for investment fund distribution.
  • Geopolitical uncertainty – As political tensions between the United States and China rise as well as the global currency value of the dollar has a significant effect on overall, maintaining an investment primarily exchangeable throughout the USD offers the long-term investor with such riskiness.

For relatively decentralized crypto assets such as bitcoin and ether, each of these developments seems predominantly optimistic. Although decentralized digital currencies. present risks in the field of competitive pressures of regulatory scrutiny for more decentralized cryptocurrency exchange platforms (e.g., stablecoins), greater digitalization of fiat currencies and transactions are more compatible than competing for decentralized crypto assets such as bitcoin, which have less competition in existence. There’s also the issue about who, including Bitcoin and Ethereum, controls or influences its major international blockchains. Acting U.S. Currencies Comptroller recently fretted about China’s enormous dominance over cryptocurrencies like bitcoin through their significant rise of decentralized technologies’ cryptographic hashing capacity. Overwhelming support for cryptocurrency among all those connected with liberal ideals as well as the strategic distribution of wealth could indicate that the most enticing market trend for crypto-assets can also be witnessed swiftly: policymakers having a significant role in developing or even holding crypto assets. While undoubtedly optimistic, it is hard to understand that both China and The United States benefit from far more truly understanding crypto assets.

  • Expansive govt spending and even the money printing

The largest mechanism underlying accelerated market values in acceptance with crypto assets is probably the issue regarding government expenditure and fiscal expansion. Indeed, due to pandemics, government debt already was concerning, with several (like myself) sounding the alarm about world-war levels of public indebtedness, without a world war.

  • By questioning bitcoin on online forums, policymakers and analysts all over the world have added pressure. The position has made regulators cautious of putting Bitcoin under government protection. Online sites that welcomed bitcoin aggressively after its announcement have entered bitcoin bears and placed limitations or entirely dropped cryptocurrency from their ecosystems.

For its past year, the value of Bitcoin was already on a wild ride. Even so, the current price drop has provided investors reasons to contemplate their stance, considering that it comes after an extended stage of prosperity. The Bulls claim that the price of bitcoin follows a straightforward pattern based on previous patterns and that it will grow again. Interestingly, to present their point for the sale of bitcoin, the bears point to overall aggressive perceptions and problems associated with the current cryptocurrency.

Also read: How does digital currency have an edge over traditional currency?

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