Showing 1 - 10 of 16
It will be logistically and economically inappropriate to carry paper money or coins during space travel. The cost associated with such an undertaking is prohibitive and also illogical. We evaluate as to how value based transactions can be conducted in outer space. In this paper, the...
Persistent link: https://www.econbiz.de/10014123896
Currently, Democracy is realised through representatives elected by the people. These elections are periodic activities. They involve expenditure of big amounts of manpower, money, time and other resources. It is important to note that during an election, the administration and day-to-day lives...
Persistent link: https://www.econbiz.de/10012964798
Blockchain Systems and Ubiquitous computing are changing the way we do business and lead our lives. One of the most important applications of Blockchain technology is in automation processes and Internet-of-Things (IoT). Machines have so far been limited in ability primarily because they have...
Persistent link: https://www.econbiz.de/10012966775
The world is rapidly moving onto a cashless economy. But our present economic system is highly centralised. It has a high transaction cost and is vulnerable to single-point failures (like hacking of the centralised servers). Moreover, a centralised digital economic system cannot ensure mixed...
Persistent link: https://www.econbiz.de/10012966784
The advent of Cryptocurrencies (like Bitcoins) is challenging traditional financial and governance institutions. It is expected that over a period of the next few years, cryptocurrencies may be the dominant mode of value exchange. In such a scenario, there will be a paradigm shift in the...
Persistent link: https://www.econbiz.de/10012966837
The Deep Web consists of many shadowy players, some of which are downright illegal and anti-social. In this paper, we delve into how one can regulate the Deep Web through Crypto-currency Networks. The Paper begins by briefly explaining the concept of cryptocurrencies (also referred to as...
Persistent link: https://www.econbiz.de/10012966864
This paper proposes the introduction of a Sovereign Backed Cryptocurrency for Asia called CoinAsia. CoinAsia will be an Asian reserve currency. I analyse the impact of CoinAsia on Asian economies in a scenario where Sovereign Backed cryptocurrencies will be the mainstream bills of exchange....
Persistent link: https://www.econbiz.de/10012966867
The Brexit issue has caused much concern regarding the future economic scenario of Europe in particular and the world in general. There are several reasons for Brexit. One of them is that the very nature of Monetary Unions is its rigidity. The 'one size fits all' yardstick won't apply to many...
Persistent link: https://www.econbiz.de/10012956687
Mobile App based market is rapidly becoming popular. As such, it is an opportunity to bring hassle-free transactions to people's mobile phones. But the multi-billion dollar App market pays a great amount of money in transaction costs and banking services. This paper provides a solution by...
Persistent link: https://www.econbiz.de/10012980724
Human Resource Management (HRM) is a vital part of managing any organization. It has a direct impact on the efficiency and future of the organization. Done correctly, it ensures the well-being of personnel and subsequently the clientele of the organization. There are several aspects to HRM....
Persistent link: https://www.econbiz.de/10012912936