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In this paper, we shall analyse the concept of Money. Presently money is viewed as Record-of-Value i.e. money is used to capture value created in any activity. We start by defining money. Then we discuss the way energy is spent in creating value is measured using money. We also assess the uses...
Persistent link: https://www.econbiz.de/10012978502
In this paper, a method to implement K-Y protocol using Distributed Consensus is discussed. Firstly, the various available methods are discussed. Then, Proof-of-Sovereignty (PoSv) is proposed. Its mechanism is deliberated and its advantages are described vis-a-vis other methods of distributed...
Persistent link: https://www.econbiz.de/10012984031
The K-Y Protocol envisages the introduction of RSBCs (Regulated and Sovereign Backed Cryptocurrencies). In this paper we discuss in detail the establishment of a Controlled Block Chain based on the K-Y Protocol. It is primarily accomplished using the NationCoin system. There are two aspects to...
Persistent link: https://www.econbiz.de/10012985273
The Dow Jones Industrial Average (DJIA), or Dow Jones, is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. Over a period of time, it has become the global standard, a key indicator of the health of the US economy (in...
Persistent link: https://www.econbiz.de/10013237674
Since its inception, money has been on the lookout for a credible intrinsic value. In the quest for Intrinsic value, money has been pegged to cattle, gold, other precious metals and so on. But the pegs haven’t held for long. Presently we are in that phase of economic evolution, where money is...
Persistent link: https://www.econbiz.de/10013237712
Blockchain and Distributed Ledger Technology (DLT) are taking center stage in the technology field. The many advantages of DLT like trustless networking, consensus mechanisms etc are utilized by Blockchain to provide several applications. DLT is akin to the base and foundation for technologies...
Persistent link: https://www.econbiz.de/10012912480
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
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
In this paper, we analyse the workings of commercial banks in a scenario where crypto-currencies are the mainstream bills of exchange. We start by explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). Then we discuss the concept of Regulated and Sovereign...
Persistent link: https://www.econbiz.de/10012980727
In this paper, we examine the Taxation aspects of Fiat money and Bitcoins vis-a-vis Regulated Cryptocurrencies. We start off by briefly explaining the concept of cryptocurrencies (also referred to as cryptocoins in this paper). We then discuss the concept of Regulated and Sovereign Backed...
Persistent link: https://www.econbiz.de/10012982071