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- What is forex?
- What is forex?
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What is forex?
If you've ever gone on holiday and exchanged say, pounds for euros, then you've participated in the forex market. Simply put:
Forex is how individuals and businesses convert one currency to another.
Forex
Forex, also known as foreign exchange, FX or the currency market, is the largest financial market in the world. On average over $5 trillion worth of transactions take place every day. That's around 100 times more than the New York Stock Exchange (NYSE) - the world's biggest stock exchange.
As well as being traded by individuals and businesses, forex is also important for financial institutions, central banks, and governments. It facilitates international trade and investment by allowing companies that earn money in one currency to pay for goods and services in another.
Who trades forex?
There are a huge number of market participants looking to trade forex at any particular time, from individual speculators wanting to turn a quick profit, to central banks trying to control the amount of currency in circulation.
However, by far the most significant players in the forex market are the major international banks. Between them, Citigroup, Deutsche Bank, Barclays, JPMorgan and UBS account for around 50% of global forex trade.
Euromoney FX Survey
Why do people trade forex?
Individuals and businesses participate in the forex market for two main reasons:
Speculation
The vast majority of forex transactions are made simply to make money. This means the person or institution making the trade has no plans to take delivery of the currency, they are just looking to turn a profit on movements in the market.
With major financial institutions always looking to profit from small changes in forex prices, many large trades can occur throughout the day. This activity means currency rates are some of the most consistently volatile financial markets in the world - which in turn provides more opportunity for speculators to make money.
Purchasing goods or services in another currency
Every time a transaction is made between two entities in different regions, a foreign exchange transaction needs to take place to pay for the goods or services exchanged. Transactions such as this happen globally, every second of every day.
Despite the number of transactions, the amount of currency traded is often very small compared to trades made by large speculators. Therefore commercial trading tends not to have such a big effect on short-term market rates.
How do you trade forex?
Unlike share trading, forex is an over-the-counter (OTC) market. This means that currencies are exchanged directly between two parties rather than through an exchange.
The forex market is run electronically via a global network of banks - it has no central location, and trades can take place anywhere via a forex broker of your choice. This also means that you can trade forex at any time, so long as it's during trading hours in any one of the four major forex trading centres (London, New York, Sydney and Tokyo).
Forex trading hours: April-October (UK time)
Forex Trading Hours
In practice, that means you can trade most forex pairs from around 21:00 or 22:00 (UK time) on Sunday to 21:00 or 22:00 (UK time) on Friday, every week. The exact times can vary due to daylight saving time changes in the UK, USA and Australia.
How does a forex trade work?
Forex prices are always quoted in pairs such as AUD/EUR, which stands for the Australian dollar versus the euro. This is because if you want to purchase Australian dollars you need to buy them with another currency, like euros.
When trading forex you are simultaneously BUYING one currency while SELLING another.
Lesson summary
Forex is how individuals and businesses convert one currency to another
The main players in the market are major international banks
Speculation accounts for the vast majority of transactions
It's an over-the-counter (OTC) market, where trades take place directly between two parties rather than through an exchange
Forex is traded in pairs - you are simultaneously buying one currency while selling another
The first currency in every pair is the base or primary currency. The second is the quote or counter currency
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- eMerchant Pro launches ACH Payment Processing With CBD Oil Merchant Account for CBD business
- eMerchant Pro enhances your CBD business through ACH solution
27th July 2019, eMerchant Pro launches the ACH Payment Processing solution with CBD Oil Merchant Account for CBD businesses. eMerchant Pro has created a remarkable niche in offering a secure solution to CBD merchants who greatly need of enhancing their business.
CBD is a high-risk business and needs a suitable merchant account to enhance the transaction process. With ACH Payment Processing you can get an instant solution to your business. We make the processes easy for merchants who need a reliable solution for enhancing the transaction.
Secure solution via ACH with CBD Oil Merchant Account for CBD business
Our ACH network offers a secure solution to your gateway processes. Our CBD Oil Merchant Account ensures security to your high-risk CBD business with ACH Payment Processing solution. eMerchant Pro offers a safe solution to run your business transaction and some of the features are highlighted below:
• Flexible payment option for merchants
You can accept ACH payments online with no hassle. eMerchant Pro has a flexible option for CBD business with ACH Payment Processing online.
• Create Trustworthy Revenue with Repetitive ACH Payments
eMerchant Pro makes your transaction easy with ACH payment software that lets you collect ACH payment info once and then systematize upcoming payments with a recurrent ACH transfer.
• ACH is nominal as compared to a credit card or paper check
If you are a CBD merchant you can look for ACH Payment Processing as they are affordable for you to run your business transaction in a smooth manner. Its charges are nominal than credit cards and paper checks.
• Two types of transactions via ACH Payment Processing
There are two kinds of transactions via ACH with a CBD Oil Merchant Account: Direct Deposit through ACH is the credit of funds for staff, employee expenditure recompense, government remunerations, tax and other repayments, and pensions and interest payments. Direct Payment by ACH is the usage of funds to make a sum. Individuals or governments can make a Direct Payment through ACH Payment Processing as either an ACH credit /ACH debit.
About eMerchant Pro
eMerchant Pro is a reliable service provider related to business transaction. As a consultant company, we have offered solutions to numerous merchants dealing in a high-risk business. We have made processes easy for businesses to get a payment gateway solution. As a merchant, you can look for diverse services from us related to your high-risk business. Besides ACH, we offer several services to merchants to get good revenue from their business.
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- eMerchant Pro launches ACH Payment Processing With CBD Oil Merchant Account for CBD business
- eMerchant Pro enhances your CBD business through ACH solution
27th July 2019, eMerchant Pro launches the ACH Payment Processing solution with CBD Oil Merchant Account for CBD businesses. eMerchant Pro has created a remarkable niche in offering a secure solution to CBD merchants who greatly need of enhancing their business.
CBD is a high-risk business and needs a suitable merchant account to enhance the transaction process. With ACH Payment Processing you can get an instant solution to your business. We make the processes easy for merchants who need a reliable solution for enhancing the transaction.
Secure solution via ACH with CBD Oil Merchant Account for CBD business
Our ACH network offers a secure solution to your gateway processes. Our CBD Oil Merchant Account ensures security to your high-risk CBD business with ACH Payment Processing solution. eMerchant Pro offers a safe solution to run your business transaction and some of the features are highlighted below:
• Flexible payment option for merchants
You can accept ACH payments online with no hassle. eMerchant Pro has a flexible option for CBD business with ACH Payment Processing online.
• Create Trustworthy Revenue with Repetitive ACH Payments
eMerchant Pro makes your transaction easy with ACH payment software that lets you collect ACH payment info once and then systematize upcoming payments with a recurrent ACH transfer.
• ACH is nominal as compared to a credit card or paper check
If you are a CBD merchant you can look for ACH Payment Processing as they are affordable for you to run your business transaction in a smooth manner. Its charges are nominal than credit cards and paper checks.
• Two types of transactions via ACH Payment Processing
There are two kinds of transactions via ACH with a CBD Oil Merchant Account: Direct Deposit through ACH is the credit of funds for staff, employee expenditure recompense, government remunerations, tax and other repayments, and pensions and interest payments. Direct Payment by ACH is the usage of funds to make a sum. Individuals or governments can make a Direct Payment through ACH Payment Processing as either an ACH credit /ACH debit.
About eMerchant Pro
eMerchant Pro is a reliable service provider related to business transaction. As a consultant company, we have offered solutions to numerous merchants dealing in a high-risk business. We have made processes easy for businesses to get a payment gateway solution. As a merchant, you can look for diverse services from us related to your high-risk business. Besides ACH, we offer several services to merchants to get good revenue from their business.
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Contact us
eMerchant Pro,
Email-id: onboarding@emerchantpro.com
Website: https://emerchantpro.com/
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- The final chapter on Fintech Pioneer Co-founder striking backs Against Seed Investor-Turned-Scammer
- SAN JOSÉ, COSTA RICA – Walter Gomez, co-founder of financial technology pioneer project, Börser S.A., officially declares his quest for legal action against Edward Roworth and Jaspal Singh Arri in London and San José, thus possibly ending a four-year worldwide saga of scamming, betrayal, cryptocurrency, and hidden identity.
This legal action has an ultimate goal the recovery of $1 million declared and owed to Gomez and his partners from a partially fulfilled business deal going all the way back to 2015. Portrayed in a legally binding contract signed by Gomez and Arri, passing himself as the head of a corporate party tangled in the trading of Venezuelan bolivares and US dollars, at a preferential rate, this first arrangement, depicted that Gomez and his associates for the exchange—Cesar Potenza, Natividad Rojas, Sofia Akly, and Jerome Kislingbury— had the obligation to provide the bolivares, which they did and in turn Arri consented to trade for $1M US.
A simple straightforward arrangement with a sound enough logic involving Gomez, the creator of Börser S.A., back then a team showing knowledge in complex trade tools which made them an alluring partner, even though their project was still on its way to become one of the world's most advanced fintech firms involving three associated companies/services: Mi Wall Street, which gives first class economic services to independent financial specialists; CrowdingFunds, a blockchain-based crowdfunding service; and X-Change, a low-priced service that eases the trade between Börser's digital currency and cash.
In late 2015, after some delays, Arri issued a first part of $35k from sources on India by a Dubai based bank. At this point, Gomez understandably worried with the intricate and abnormal complexity of the transaction tried to reach Arri several times, without any result. He would not hear from Arri ever again.
One year later, 2016, a trade of monetary standards like the one Arri had neglected to fulfil was proposed by Richard Durrant to Gomez, leading to a few discussions and a meeting in person in the border town of Cucuta, Colombia, between Durrant's delegate Edward Patrick Roworth and Gomez. Gomez again, fulfilled his part of the deal; however, Roworth also failed to bring the deal to completion.
Another year went by, now 2017 and Roworth enters the picture again, this time as a potential angel investor in Gomez's fintech venture, Börser. In the end all that Roworth provided was a low quantity of seed capital in return for a portion of Börser's tokens; the full amount of financing or the work force he guaranteed was neve fulfilled. In spite of this, Roworth claimed that the full amount of Börser's shares that was initially agreed-upon and he committed to acquire but never paid for, was now owed to him. Right after this, he organized a modest venture by an Australian father and son, again demanding shares in Börser for his part on said deal.
Similar one-sided and unfulfilled negotiations and claims came from Roworth up to a year and a half later.
It was in late 2018 when it became known that both Jaspal Singh Arri and Richard Durrant were partners of Roworth and associates on an only on paper organization, founded by Roworth and called Eco Worldwide Ltd., without any workers, no income, and no ultimately business. Efectively a scam.
Durrant, it appears, was sent by Roworth to use Gomez after Arri exhausted his options and couldn’t take anything more from the entrepreneur and co-founder.
After this, Roworth promised once again to pay the full amount owed from the 2015 scam submitted under his organization's guise, which also was never delivered. During this time Börser S.A. was turning into a successful company and a force to be reckoned in the digital currency sector, push by Börser’s success Roworth increase the pressure on requesting shares of the organization and adding that he was promised a controlling stake. A controlling stake that wan never promised and didn’t figure into any of the written and legally approved contracts signed between the two parties.
Gomez reminded Roworth of this only to be met with a vile a smear crusade against him from Roworth’s side.
An exhaustive and meticulously coordinated assault, carefully orchestrated as Roworth's previous efforts to scam Gomez, this attack didn’t end on defaming Gomez on the web. Roworth recruited the help of the Australian father and son whose purchase of Börser tokens was arranged by him as a supposed gesture of good will and also an intent of investment in the organization, taking an active role in the campaign to demolish Gomez's good name and going further beyond by methodically reaching Gomez's business partners, throwing every unsupported accusation paired with outlandish and unconfirmed slanders that they could, on his character and on Börser's viability as a company.
Behind the scenes of this attack Roworth kept threatening Gomez directly into surrendering his controlling shares for Börser, promising to falsify records, including transcripts of discussions and telephone messages. These threats and attacks had no effect on Gomez, declining every deluded demand that Roworth made. Thus, bringing Roworth to his next step on his plan: relinquishing all pretension of discussing a business arrangement or backing down form his unsupported and completely unfair demands by turning to overt extortion. Growing progressively desperate, blunt, and dangerous.
After this, Roworth reached his lowest by demanding a payment of $50,000 USD from Gomez or risking to receive a visit at his home from a "South American collector".
Armed with all the records from the smear against him, Gomez is currently going forward with legal actions in his country of origin, to be later followed by an international legal action in London.
These pending legal process aim for a full compensation of the $1 million settled upon by Arri, functioning as Roworth's representative, and for damages corresponding of the defamation coordinated against him.
To know the complete story behind this defamation, please contact Börser S.A's. legal division.
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- Fintech Pioneer Counterattack Against Seed Investor-Turned-Scammer
- SAN JOSÉ, COSTA RICA – After four years, a worldwide saga of scamming, disloyalty, digital currency, and hidden identity may shortly come to an end in London and San José. Walter Gomez, co-founder of financial technology pioneer project, Börser S.A., officially declares his quest for legal action against Edward Roworth and Jaspal Singh Arri.
The motion pursues the return of $1 million declared by Gomez and his partners following an exchange that started in 2015 and was only partially contended. The first arrangement, portrayed in a legally binding contract signed by Gomez and Arri, who characterized himself as the head of a corporate alliance, tangled in the trading of Venezuelan bolivares and US dollars, at a preferential rate. Gomez and his associates for the exchange—Cesar Potenza, Natividad Rojas, Sofia Akly, and Jerome Kislingbury—provided the bolivares, which Arri consented to trade for $1M US.
The arrangement's logic was sound enough. Gomez, being the creator of Börser S.A., one of the world's most advanced fintech firms and involving three particular organizations: Mi Wall Street, which gives first class economic services to independent financial specialists; CrowdingFunds, a blockchain-based crowdfunding service; and X-Change, a low-priced service that eases the trade between Börser's digital currency and cash. The organization's showed knowledge in complex trade tools made it an alluring partner.
After some postponements, Arri issued a first part of $35k in late 2015. This portion originated from sources on India and was issued by a Dubai based bank. With some worry over the abruptly intricate nature of what ought to have been a simple currency exchange, Gomez recurrently tried to reach Arri, without any result. He would not get a response again.
In 2016, Gomez was reached by Richard Durrant, who proposed a trade of monetary standards like the one Arri had neglected to fulfil. After a few discussions and a personal gathering with Durrant's delegate Edward Patrick Roworth in the border town of Cucuta, Colombia, Gomez followed through with the arrangement; however, Roworth also failed to bring the deal to completion.
Roworth introduced himself in 2017 as a potential venture capital investor in Gomez's new fintech venture, Börser. Roworth never fulfilled on either the financing or the work force he guaranteed but instead, he sent a low quantity of seed capital in return for a portion of Börser's tokens. In spite of this, he claimed he was owed the complete amount that was initially agreed-upon in Börser's shares. Afterward, he organized a modest venture by an Australian father and son, again demanding shares in Börser for his part on said deal. Analogous one-sided and eventually unfulfilled negotiations went on for the following year and a half.
It became known in late 2018 that both Jaspal Singh Arri and Richard Durrant were partners of Roworth and associates on his organization Eco Worldwide Ltd. Additionally, Eco Worldwide was was found to be an organization only on paper, made by Roworth, without any workers, no income, and no business . Durrant, it appears, was sent by Roworth to use Gomez after Arri had severed his ties.
After once again promising to fulfil his duties regarding the 2015 scam submitted under his organization's guise, Roworth didn’t deliver. Meanwhile, with Börser S.A. turning into a solid and successful company in the digital currency sector, Roworth intensified his requests for shares of the organization, maintaining at this point that he had been assured a controlling stake. When Gomez reacted by freshening Roworth memories on the legally approved contract they had signed—an agreement which not in the slightest concedes the chance of Roworth being issued a controlling share of Börser—Roworth took the road of last resort. He started a smear crusade against Gomez.
This assault was as exhaustive and meticulously coordinated as Roworth's previous endeavors to swindle Gomez. Not content with defaming Gomez on the web, Roworth methodically reached Gomez's business partners, throwing outlandish and unconfirmed slanders on his character and on Börser's capability as an organization. Roworth recruited help, also: the Australian father and son whose purchase of Börser tokens was arranged by Roworth as a supposed gesture of good will and intent of investment in the organization, took an active role in the campaign to demolish Gomez's good name.
Amid this assault, Roworth reached Gomez directly, threatening to falsify records, including transcripts of discussions and telephone messages, if Gomez did not surrender his controlling shares for Börser. When Gomez declined, Roworth relinquished all pretension of discussing a business arrangement and decided on overt extortion. His strategies at this stage turned out to be progressively desperate, blunt, and perilous. Roworth reached his lowest bottom when he endeavored to extract $50,000 USD from Gomez by threatening to sending a "South American collector" to visit him at his home.
After documenting the whole crusade against him, Gomez is currently going forward with legal actions in his country of origin, which will be later followed by an international legal action in London. These pending legal process aim for a full compensation of the $1 million settled upon by Arri, functioning as Roworth's representative, and for damages corresponding of the defamation coordinated against him. To know the complete story behind this defamation, please contact Börser S.A's. legal division.
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- Knightsbridge FX Offers Best Rates for Canadian Travellers Going Abroad
- Toronto, ON – August 30, 2019 - Foreign exchange company Knightsbridge Foreign Exchange has revealed the best destinations for Canadian travellers to see their dollars go further this year.
The Toronto-based foreign exchange company aspires to be the best in offering bank-beating exchange rates to Canadians.
So, those contemplating their holidays could do well to learn where the Canadian dollar will go further with the help of KnightsbridgeFX.
With a weak currency at the moment, a recent study suggested that Canadians were re-working their holidays, with at least 40 percent staying in Canada for their summer vacation. But 45 percent said the state of the currency won’t impact their plans.
While Europe is always a great getaway, experts warn that flying there is eight percent higher than it was back in 2016.
Further afield, places like Tanzania, Vietnam, Argentina, and Kenya are proving highly desirable destinations, where the Canadian dollar is doing better against local currencies.
"Morocco, Mexico, Hungary, and India are also favourites among Canadian travellers for 2019," offered Rahim Madhavji, President of Knightsbridge Foreign Exchange. "Meals and living accommodations can be relatively expensive in these destinations."
One highlight is that in Argentina, you can buy 30 ARS in 2019, while in 2012, it was down to 4.40—a definite improvement, added Rahim.
"For culture, food, interest, and an amazing journey, these countries, as well as Romania, Egypt, and Thailand, offer the best deals for Canadians heading abroad."
To take advantage of the fantastic exchange rates for US dollars offered by Knightsbridge Foreign Exchange and its team across Canada, you only need to complete four easy steps to set up an account and you’ll be well on your way to a great holiday.
First, sign up for the account, which is free, and there's no obligation to transact. Then, book a foreign exchange rate, send the funds, and let KnightsbridgeFX do the rest to convert the funds and send payment.
"We can work with Canadians across all provinces. Our entire focus is the customer and our goal is to ensure they save money on currency exchange," added Rahim.
Their bank-beating exchange rates are great for Canadians buying US real estate, moving to another country, sending money to family, and paying foreign tuition.
Said Rahim: "Most Canadians are unaware they can do a lot better on the exchange rate as we undercut the bank exchange rates. We call the banks every morning to ensure our exchange rates are better.
"We're also a trusted name in foreign currency exchange in Canada, have been featured on media and news outlets, and we were also featured on CBC’s hit show “Dragons’ Den,” where we were offered $1 million on-air by two Dragons.
"We’re proud of our A+ rating with the Better Business Bureau. Our goal is to give you a smooth transaction and ensure you save money when exchanging money."
Knightsbridge Foreign Exchange is registered with and regulated by FINTRAC, which is governed by the Government of Canada. In Quebec, it is registered by the AMF.
So if you want to get away and make your Canadian Dollar go further, then check out their website at https://www.knightsbridgefx.com/ or call them further details on (416) 479-0834.
About Knightsbridge Foreign Exchange
Knightsbridge Foreign Exchange provides better-than-bank currency exchange rates to Canadians. KnightsbridgeForeign Exchange reviews traditional bank exchange rates every morning andensures its exchange rates are better for its customers. Visit KnightsbridgeFX.com to learn more.
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- Reserve bank of India is breaking the vestiges of colonialism after 72 years!
- Decimal Point Analytics has published its Decimal Blog on 27 August titled "Central Banking Dividends, Money Supply and Crumbling Vestiges of Colonialism"
Networth of an entity ensure that its operations are not hampered by an unexpected variation in the business variables. However, an increase in central banks networth, means an equivalent amount of money is pulled out of the economy. Therefore, changes in networth of the central bank is to be viewed as a monetary policy choice.
We believe that undue increase in the networth of central bank is adding to the friction within the operations of domestic economy, as it replaces low cost reserve money with high cost interest bearing sources of reserve money.
Click on the link to understand this in detail.
http://www.decimalpointanalytics.com/central_banking_dividends.php
About Decimal Point Analytics
Decimal Point Analytics is a financial research and analytics company incorporated in 2003 with headquarters at Mumbai. It is an independent, management owned company, which provides actionable analytics to financial services companies. It offers customized solutions to investment management businesses that address specific challenges. It enables these customers to supplement their operations with additional resources and augment research processes using Artificial Intelligence (AI) technologies like Machine Learning (ML), Natural Language Processing (NLP) and Big Data.
Decimal Point Analytics has presence across four global locations including the United States, UK and India.
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- IAAC Firm Offer Complete Accounting Solutions for Health Care Industry
- We at IAAC firm are dedicated closer to offering healthcare accounting offerings to healthcare practices to help them in reducing
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- The Value Of Blockchain Technology
- The world is currently undergoing a huge technological revolution. Now innovative technologies are rapidly being introduced, which in the future are capable of significantly influencing changes in our society. They include virtual reality, artificial intelligence, databases, Internet technologies, and others.
We are talking about blockchain technology. This is an ever-growing list of records called blocks that are linked and protected by cryptography. Each block usually contains the cryptographic hash of the previous block, timestamp, and transaction data.
At its core, the blockchain contains a number of innovative features. These include scalability, improved security, and decentralization.
Next, we will examine what effect blockchain can have on industries and economies, how these functions work, and what value it carries.
Decentralization of storage units
Blockchain is associated with cryptocurrency, but its value is much wider than value. At its core, blockchain is a digital decentralized public book. This store records for checking transactions in time-ordered blocks. This allows network members to track completed transactions without the need for a central authority.
One of the most obvious differences for the outside observer is the P2P nature of the blockchain. Users send money to each other directly. And more precisely, the balances in the distributed register are updated without the participation of any “central agency”. Blockchain solves the trust problem inherent in ordinary financial online transactions. This radically distinguishes it from the usual online translation systems.
Hacking transactions
Blockchain transactions cannot be changed. This means that they are resistant to breaking and cannot be removed. New blocks are added only with the help of extended cryptographic signature of key pairs. This feature guarantees their protection against unauthorized access.
But it is important to recognize both the strengths and weaknesses of systems. There is no intermediary, no agent through which all transactions go. This means that transactions cannot be blocked or canceled unilaterally, but it also means that they cannot be canceled at will. If a hacker gains access to the address and withdraws all funds from there, there is no technical way to return them back (refunds will be made only through law enforcement agencies).
Intellectual asset
The blockchain can be used to record each type of transaction of an intellectual asset. This is any valuable asset that can be digitized and programmed into code.
Different applications
As a technology of a distributed ledger, blockchain can also be successfully applied in various fields. This platform is well suited for selling IoT data. This function is the most significant and progressive at the present time.
According to experts, in 2030 the existing trading floors will survive the “gold rush of data”. This will determine in the free market the value of the generated assets of the Internet of things. So blockchain technologies will open up the potential for a multi-billion dollar data market. This will happen in the coming years and decades.
Thus, the blockchain ultimately provides three key opportunities:
– full access control, guaranteeing access to data only to interested parties
– security, encryption of each transaction
– transparency, making the entire transaction log visible to all participants.
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- Why Bitcoin Matters
- Bitcoin becomes an uncovered topic, yet the gulf between what the press and many regular people believe Bitcoin is, and what a growing critical mass of technologists believe Bitcoin is, remains enormous. Bitcoin has so many programmers and entrepreneurs all lathered up, and Bitcoin also has a future potential.
The fundamental level of Bitcoin is a breakthrough in computer science – one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by thousands of researchers around the world. The practical consequence of solving this problem is that Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate. What kinds of digital property might be transferred in this way? Think about digital signatures, digital contracts, digital keys, digital ownership of physical assets such as cars and houses, digital stocks and bonds and digital money. how crazy is it!
How does this work?
Bitcoin is an Internet-wide distributed ledger. You buy into the ledger by purchasing one of a fixed number of slots, either with cash or by selling a product and service for Bitcoin. You sell out of the ledger by trading your Bitcoin to someone else who wants to buy into the ledger. Anyone in the world can buy into or sell out of the ledger any time they want – with no approval needed, and with no or very low fees. The Bitcoin “coins” themselves are simply slots in the ledger, analogous in some ways to seats on a stock exchange, except much more broadly applicable to real-world transactions. The Bitcoin ledger is a new kind of payment system. Anyone in the world can pay anyone else in the world any amount of value of Bitcoin by simply transferring ownership of the corresponding slot in the ledger. Put value in, transfer it, the recipient gets value out, no authorization required, and in many cases, no fees.
What’s the future of Bitcoin?
Bitcoin is a classic network effect, a positive feedback loop. The more people who use Bitcoin, the more valuable Bitcoin is for everyone who uses it, and the higher the incentive for the next user to start using the technology. Bitcoin shares this network effect property with the telephone system, the web, and popular Internet services like eBay and Facebook. Many thousands of programmers are using Bitcoin as a building new product and service ideas that were not possible before. Second, many low-income people work in hard jobs in foreign countries to make money to send back to their families in their home countries – over $400 billion in total annually, according to the World Bank. Every day, banks and payment companies extract mind-boggling fees, up to 10 percent and sometimes even higher, to send this money. On the other hand, Bitcoin charges no or very low fees, for these remittance payments will, therefore, raise the quality of life of migrant workers and their families significantly. In fact, it is hard to think of anyone thing that would have a faster and more positive effect on so many people in the world’s poorest countries. Third, Bitcoin generally can be a powerful force to bring a much larger number of people around the world into the modern economic system.
(Added: Sat Aug 24 2019 Hits: 69 Rating: 0.00 Votes: 0) Rate It
- Niko Technologies launches turn-key solutions for the blockchain payment industry
- Tallinn, Estonia – Niko Technologies, a white-label blockchain solution provider, today announced the launch of their unique turn-key solutions. The solutions allow anyone interested in crypto business to get it up and running within a few weeks and provide unmatched service offerings to customers all around the world.
About Niko Technologies
Niko Technologies is a white-label payment and exchange solutions provider based in Tallinn, Estonia.
The company offers unique white-label solutions giving anyone the ability to enter the blockchain payment industry in a short term and provide outstanding services. With already established banking, exchange liquidity, legal, and technological frameworks, NT has got everything to deliver an efficient, ready-to-run business.
White-label solutions
NT’s clients get fully-customizable products branded to their businesses.
White-Label Crypto Exchange
White-label Crypto Exchange allows anyone to start his or her own crypto exchange business for secure Bitcoin and popular altcoins trading. The market-first solution makes it easy to buy and sell coins for 35+ regular currencies in 53 countries covered by SEPA, SWIFT, ACH/Fedwire. Unlike High-frequency trading (HFT) platforms, WL Exchange stands for providing an easy-to-run exchange business with no prior coin trading experience. The solution includes two NT’s stand-alone exchangers designed for both desktop and mobile users.
White-Label Crypto Gateway
WL Gateway offers the possibility to become a real cryptoprocessor and provide businesses with the opportunity to accept crypto payments online or at a PoS with no volatility, fraud, and chargebacks.
The solution enables merchants to receive settlements directly to their bank accounts in 24 hours after the purchase. To accept crypto payments and get settlements, hardly any knowledge of cryptocurrencies or blockchain is required: an automated system makes all processes extremely easy.
For a comprehensive payment experience, WL Gateway comes with an agile back office to streamline all business-related processes and optimize service delivery.
Using one master account, merchants can set up and track multiple websites and PoSs as well as send and receive email invoices to accept payments without an existing website.
This simplifies management tasks and allows for better control over a business.
White-Label Crypto Wallet
White-label Wallet is a customizable solution that enables any transactional business to offer global multi-currency payments. It allows consumers to store, buy, sell, convert, and spend trusted cryptocurrencies and regular funds with no risk and hassle. With White-label Wallet users can make instant exchanges using the following currency pairs: fiat-to-fiat, crypto-to-crypto, crypto-to-fiat, and fiat-to-crypto. The wallet runs both as a web client and a mobile app (iOS/Android).
Advantages of setting up a business with NT
With a ready-made infrastructure, Niko Technologies got everything to set up an effective crypto business for any client. Therefore, one can focus on marketing strategy and customer acquisition, skipping the burdens of building and maintaining necessary frameworks.
All company’s solutions comply with GDPR requirements and are protected under the following licenses issued in the EU:
Financial Institution Operating License
Virtual Currency Wallet Service License
Virtual Currency Exchange Service License
To see how Niko Technologies turn-key solutions can be used to set up your own business or be integrated into an existing one, reach out to the team at info@niko-technologies.com or visit their page for more information.
Media contacts:
Niko Technologies OÜ
Kseniia Breslavska
Email: kseniia.breslavska@niko-technologies.com
Phone: + 372 880 79 04
(Added: Thu Aug 22 2019 Hits: 202 Rating: 0.00 Votes: 0) Rate It
- Aurora Cannabis Gets Burned
- Investors in the markets, are seeing a lot of back and forth movement, alongside many positives and negatives showing up in companies fundamental businesses. In the case of Aurora Cannabis, the potential of the cannabis industry seems unlimited, however shareholders of Aurora are facing the concern of whether the Canadian cannabis cultivator will emerge on top in the emerging field.
The question on investors’ minds at the moment, is one that many analysts have been asking also, and that is, is Aurora Cannabis spending too much money? Shares of the cannabis giant saw a slip of 6% after the Canadian based cultivator received comments from analysts at Merrill Lynch. The comments ranged from positive to negative feedback, with the positive focused on how Aurora have earned a leading role in the cannabis industry, however concerns were raised when analysts started to see if the method in which they got to the top, is sustainable over the long term.
Analysts at Merrill Lynch, downgraded their rating on the stock from a buy to a hold, and cut their price target from $10 down to $8. The analysts praised the cannabis company for their success in building up a substantially large cannabis operation that has huge international scope, and the way the company has controlled their costings in an effort to boost their bottom line.However the concern that analysts share, is that despite the huge efforts made by Aurora, their strategy has so far involved using up a large portion of their liquidity, and that is putting financial pressure on the company, which in turn could lead to the company having to receive further financing.
Focusing their concerns analysts have said that a convertible debenture that is set to come due in early 2020 is something they cannot ignore. With past debt offerings the company have been involved in, Aurora have used the ability to redeem their debentures using shares of the company rather than cash. However unfortunately for Aurora, this debenture has a conversion price of $13.05 per share, which is a long way from where the company is currently trading. When Aurora decides to pay, the $230 million cash outlay could cause the company some problem, and if they do manage to replace the cash with stock, it would further dilute the shares that investors have.
Graham Sanders - AMT Associates
(Added: Wed Jul 24 2019 Hits: 71 Rating: 0.00 Votes: 0) Rate It
- Ford executive announces that they are 'dominating' pickup truck market
- Ford the worldly known car manufacturer have recently said that they expect to run over the competition in the electronic pickup truck sector. Fords chief product development officer Hau Thai-Tang said in a recent interview “We have dominated this segment, it’s the best-selling truck for 42 years. We think combining Built Ford Tough with electrification exemplifies all of those attributes customers love. We want to build on the leadership we have had,” this coming after being asked about Tesla’s upcoming entry into the market place.
Rumors are sprouting that Tesla is set to unveil their first electric pickup truck in the summer months of this year. CEO of Tesla Elon Musk, has certainly been very vocal about hyping up the companies upcoming release, with his comments saying the truck will be cutting edge, and have increased functionality than the iconic ford F-150 raptor. Experts have put an estimated price on the company’s first pickup truck, with a range between $45,000 and $60,000. While Tesla are putting the wheels in motion for their first pickup truck, upstart car manufacturer Rivian, have announced plans to bring its highly anticipated truck to market by 2021.
The good news for Ford, is that the company share a mutual alignment with Rivian, having invested $500 Million into the up starter in April, and Ford plans to use Rivian’s electric platform for an undisclosed electric vehicle as part of the partnership. Thai Tang continued in the interview, not mentioning any Companies by name and said “The pickup truck business is very competitive. Ford has dominated it. It’s a huge profit driver for us and we want to maintain that leadership and continue to build a moat around that business. We don’t take any of our competitors for granted, we have a lot of respect for all of them — we just want to focus on doing what we do well,” Thai Tang also expressed that Ford plans to have its first hybrid electric pickup truck on the market by mid-2020, and concluded by saying that a fully electric model is still a couple of years away.
Michael Reynolds – IEC International
(Added: Wed Jul 24 2019 Hits: 59 Rating: 0.00 Votes: 0) Rate It
- Could Cronos Group be looking to buy troubled pot stock CannTrust Holdings?
- As investors it is an extremely likely scenario, that in the next ten years we will look back on the cannabis industry as the greatest growth opportunity of our generation. Looking at the figures, Cannabis produced a relatively small $3.4 Billion USD in worldwide sales in 2014, and just last year that number was over $11 Billion USD, almost 300 percent in four short years. However looking forward over the next decade the growth of the cannabis industry is set to take off. With Canada being one of the first countries to make the move to fully legalize recreational cannabis in October of last year, and a much more positive outlook on federal legalization in the U.S analysts are expecting that annual cannabis sales could easily hit $200 billion.
But investors should note that not every company in an industry moving as fast as the cannabis sector, will survive the storm, to see a prime example, just look at Ontario based CannTrust Holdings, who have lost over 75% of their value since late March of this year. However there could very well be a light at the end of the tunnel for CannTrust as they do have a lot to offer should they be the target of an acquisition.
It’s been said by many analysts who are watching the cannabis industry closely that one of the smartest moves at this point for Cronos Group, would be to put their excess liquidity to use, and acquire struggling companies in the sector. CannTrust is one of these companies. Cronos group certainly have the liquidity for the acquisition after receiving a $1.8 Billion equity investment from tobacco giant Altria, so there is no question of if the company has the money. Now buying out CannTrust would make sense for Cronos for three reasons, firstly CannTrust is one of four well known Canadian cannabis cultivators that supplies produce to 10 of 10 Canadian provinces and Cronos is not quite there yet, but with a swift acquisition could certainly propel themselves in the right direction.
Secondly, Cronos has an incredibly strong focus amongst the Canadian growers on the derivatives market. Now, with CannTrust, who are expecting an annual output of 200,000 to 300,000 kilos almost half of their production will be conducted outdoors. The majority of outdoor cultivation, is of low quality and thus will most probably be used for extraction purposes, which would be perfect for Cronos group, as they have a large selection of extraction deals to work with already.
And thirdly Cronos Group is not yet a top ten cannabis player, if royalty and joint venture companies are considered. However if Cronos were to secure the acquisition of CannTrust it would propel the company into the top five in Canada and solidify its place as one of the top players.
James Xing – Walter International
(Added: Wed Jul 24 2019 Hits: 69 Rating: 0.00 Votes: 0) Rate It
- Join Beldex at the World Blockchain Summit
- Greetings Beldians,
Beldex has been in the process of evolving into a global exchange and is proud to invite you to yet another milestone in our successful journey. Beldex is invited to showcase its progress at the World Blockchain Summit at Marina Bay Sands, Singapore. The summit is collaborated and sponsored by corporations, start-ups, many blockchain companies, and the media to create a knowledge pool where new ideas about the technological advancements and potentials of blockchain are shared. It works in close association with various governments and brings together remarkable talents from different disciplines.
The event scheduled on the 25th of July will see the presence of our new Chairman Mr.Affandy Bin Hushni, CEO Mr.Liew Kang Loon and other key members of our team. Come witness the speeches by forerunners and leaders in the blockchain industry or participate in the pitching competitions held between start-ups and emerging platforms. Get to meet and interact with our team to know about Beldex’s mission, upcoming developments, and what’s in store for you. The summit would serve as a great opportunity for Beldex to reach out to and welcome its ever-growing community.
Mark your calendars as you do not want to miss your chance to attend the world’s largest gathering of government authorities, business leaders, visionaries, venture capital and angel investors, crypto-enthusiasts, entrepreneurs, journalists, and market professionals. We look forward to seeing you there!!
Warm Regards,
Beldex International
(Added: Tue Jul 23 2019 Hits: 79 Rating: 0.00 Votes: 0) Rate It
- Join Beldex at the World Blockchain Summit
- Greetings Beldians,
Beldex has been in the process of evolving into a global exchange and is proud to invite you to yet another milestone in our successful journey. Beldex is invited to showcase its progress at the World Blockchain Summit at Marina Bay Sands, Singapore. The summit is collaborated and sponsored by corporations, start-ups, many blockchain companies, and the media to create a knowledge pool where new ideas about the technological advancements and potentials of blockchain are shared. It works in close association with various governments and brings together remarkable talents from different disciplines.
The event scheduled on the 25th of July will see the presence of our new Chairman Mr.Affandy Bin Hushni, CEO Mr.Liew Kang Loon and other key members of our team. Come witness the speeches by forerunners and leaders in the blockchain industry or participate in the pitching competitions held between start-ups and emerging platforms. Get to meet and interact with our team to know about Beldex’s mission, upcoming developments, and what’s in store for you. The summit would serve as a great opportunity for Beldex to reach out to and welcome its ever-growing community.
Mark your calendars as you do not want to miss your chance to attend the world’s largest gathering of government authorities, business leaders, visionaries, venture capital and angel investors, crypto-enthusiasts, entrepreneurs, journalists, and market professionals. We look forward to seeing you there!!
Warm Regards,
Beldex International
(Added: Tue Jul 23 2019 Hits: 66 Rating: 0.00 Votes: 0) Rate It
- Rethinking the monetary world: Konzortia Capital's private offer
- July 21, 2019 – Toronto, Canada. –
Konzortia Capital, a holding organization of a fintech consortium, is putting forth a suite of new computerized applications that assures to blaze a trail in money-related services. InveStart, Capitalista and NovaBank will enable new and other companies to play out a wide range of monetary exchanges, trade fiat money and digital equities, through physical locations or cross-platform applications across a single proprietary framework. Organizations of many kinds, sizes and businesses around the world, will be able to collect their funding needs through the creation of their New Asset Class (NAC), make all trades needed, exchange the required currencies from a single platform and investors can withdraw their investment quickly and continue to make their money work for them. All of this will be done using the equity type of Konzortia Capital, a new asset class named Koura.
InveStart - Is an equity-based crowdfunding platform that will permit any organization from any place on the planet to obtain capital. This procedure where companies make Koura-based equities on InveStart is called the New Asset Offering (NAO) and it's fundamentally the same process by which companies go public in an initial public offering (IPO), these securities at that point can be traded for other NAC, Koura, or fiduciary money anytime using NovaBank.
Capitalista - In a monetary domain where quality services are only available to wealthy investors, our palpable uniqueness comes by providing performance-based managed accounts and subscription-based trading signals, carried out by expert in-house traders while offering trading accounts at a near zero expense. At long last giving experienced investors and amateurs the effective means to exploit each venture opportunity and really bring profitable returns. All in a global index (NAO Index) including all organizations with successful NAOs from InveStart alongside conventional equities, for clients to trade almost all existing liquid assets. Available through a network marketing franchising system where members can offer every one of their services to the public, Capitalista wagers on scalability to achieve ideal market penetration.
NovaBank - A platform that will function as the next banking generation, with highlights such as money transfer services, payment processors, virtual wallets, credit cards, Koura payment processing for traders, and a complete messaging application with maps showing local businesses that accept Koura payment near the user, together with those functioning as official Novabank franchises. Users can exchange Koura, fiat money, or any NAC equity in NovaBank, rapidly, securely, and productively, anywhere in the world.
The process itself is very easy: organizations and companies collect funding on InveStart and exchange their NACs for Koura or fiat money within NovaBank, which will expedite exchanges, money transfer services and turning banking accessible to everyone worldwide, whether online or offline. Furthermore, all equities are to be exchanged in the OTC index (over the counter) at the Capitalista -NAO Index-, which will use network marketing to attract all kind of investors and offer high-quality services. The advanced Blockchain technology will be at the forefront and center on every platform.
Konzortia Capital's private offer will allow investors the unique opportunity to participate in an extremely profitable and liquid instrument from the fintech company that’s shaking the industry.
For more information on this investment window, please visit https://konzortia.capital
(Added: Mon Jul 22 2019 Hits: 65 Rating: 0.00 Votes: 0) Rate It
- How to get your salary advance loan with professional help?
- People always have emergency needs and it is hard to avoid those kinds of situations. Because you cannot even manage the unexpected needs arising out of different reasons. In such a situation a credit is the most needed one for us. But if you are not having any property, then it is hard to find put the normal financial loans from standard banks.
The task of getting a loan in a tough situation is really a difficult task. There are multiple numbers of people who keep on approaching experts for payday loans. Through the visit to online, there is a simple and effective chance to get Salary Advance within ten to fifteen minutes of time. Though options are available in larger perceptive, communication enhances in a large level during the loan processing.
Get an instant loan with pledging any property
We at ATD money, help people in getting instant personal loan salary based. The problem with the normal bank's loan is that you should wait for a long period of time. In addition, it needs security. Even though you can get a higher loan amount, it is hard to manage collateral for this kind of loan.
Yet another important point while getting your loan from the banks is documentation. It should be made in a proper manner and this is possible only when you are finding the right service provider like ATD money. Here the professionals will provide you a pre quote depending upon your requirements after assessing your qualifications. If you are having a bad credit score then do not worry about this now.
It is hard to change your credit history within a few days. But ATD money will be rendering a helping hand to get a decent amount of loan as a cash advance from the lender based on your salary. If you are a working professional then the procedures will take off so quickly.
(Added: Sat Jul 20 2019 Hits: 70 Rating: 0.00 Votes: 0) Rate It
- Libra Congress hearings: possible outcomes and implications
- Media and crypto investors were all ears as Congress was listening to Facebook-created Libra general David Marcus. The commentaries during and post-hearings are nothing but sceptical: “Libra comes under fire in Congress”, “Marcus is getting grilled”, “‘I don’t think you should launch Libra at all,’ congresswoman tells Facebook” and more alike. It is obvious that many questions came with pressure, Senator Sherrod Brown being a great example of those. However devastated David Marcus may have looked, we couldn’t expect anything else from the event: the hearings were mainly due to massive scepticism towards Libra concept, so the project’s representatives were not welcomed by default.
“Interestingly enough, doubts come from two fronts: one group of senators find the idea too risky and potentially loss-making for Americans, and demands that Facebook shed more light on its plans for the Reserve (in his note to the Congress David Marcus said the basket will have US dollars, Euro, British pound and Japanese yen) while the other is visibly afraid of Libra throwing a gauntlet to the US dollar questioning its stability and necessity,” Velvet.Exchange founder Vlad Smirnov says. The latter camp was recently joined by President Trump in his usual Twitter glory and wisdom.
“We are under the impression that Libra, even before it is born, is already seriously affecting the market,” Smirnov adds. This may look like a coincidence but Bitcoin has updated its market dominance high this week marking a 66%+ level, unseed since late 2017. Effectively this means the bears are betting heavily on Libra’s delay; if the project is seriously postponed due to regulators/legislators criticism, the market will receive a big and loud “no go!” type of signal clearly drawing a border between “crypto” and corporate. This would mean little or no risk for Bitcoin in its core and leading role.
However if the Libra initiative survives through the hearings and beyond, it is very likely that the market see some uptrend move as well pricing in all those “new inflow” scenarios. Bitcoin role becomes more uncertain in that case but that is compensated by overall positive from the sector obvious liberalization.
The Congress hearings had couldn’t have any immediate and concrete results, they were merely aiming to present the public, regulators’ and legislators’ concerns over the idea. We would be expecting more direct news from the SEC, FINMA and FinCEN over coming months — that’s where real green light may come from. And it is highly unlikely that the project is prohibited by an act of law.
(Added: Fri Jul 19 2019 Hits: 63 Rating: 0.00 Votes: 0) Rate It
- Local Dentist in Parramatta, Sydney | Dental clinic Parramatta
- Looking for the best dentist in Parramatta, Sydney? Visit Mysmiledoctors.com.au dental clinic near me (in Parramatta NSW) provides dental services. Book Appointment. A good-looking smile enhances one's face value. However, a stained and discolored set of teeth can make us diffident and cognizant while smiling. A bad set of teeth can also be a result of delay medicine especially consisting of antibiotics, sequence smoking, habitual intake of alcohol especially red wine, coffee or tea obsession, etc. However, do not drop heart as effective teeth whitening are now possible, and also affordable!
(Added: Thu Jul 18 2019 Hits: 102 Rating: 0.00 Votes: 0) Rate It
- Why Inovio Pharmaceuticals Stock Is Plunging
- Inovio Pharmaceuticals the clinical stage vaccine company has seen a very unsteady run at the moment, seeing a dip of as much as 13.3% in pre-market trading today, but the question is what has sent investors running for the hills? After the end of trading on Tuesday, Inovio made the announcement that the companies cost cutting initiatives that centers in the acceleration of the development of their most advanced HPV clinical assets, along with a number of other high importance candidates. The biotech giant have as a result decided to halt their early stage trials for their advanced bladder cancer candidate, and cut the workforce on the project by almost 30%. These moves by the company are set to slash the company’s burn rate by over 25% over the course of the next year.
Now most commonly in biotech investors, when a company decides to cut costs and focus on later stage clinical candidates investors rejoice, however in the case of Inovio the company has a history of changing the direction and financial spread of their company, with little to show for it. In fact, Inovio has been part of the biotech industry for nearly 2 decades, and at this point has zero commercial stage products. Investors are probably concerned that the latest change made by the company will turn out to be yet another dead end.
Although it would appear that investors are obviously irritated and at the end of their fuse with Inovio’s lack of focus over the course of the last twenty years, there is clearly a good argument, that finally the company may be turning a corner. The huge downfall for Inovio has been the managements run and gun approach to product development, which has caused the biotech to repeatedly dilute shareholders positions, so that it has the liquidity to fund its early stage programs. In spite of this Positive signals have been seen from the company, by their choice to prioritize, fast to market products, which could be a sign that the company are moving towards a more shareholder friendly era. In no way is that a reason, which investors should jump in the deep end with this huge pullback, but the strategic realignment does look like a positive for the company at the end of the day.
Sarah Miller – IEC International
(Added: Thu Jul 18 2019 Hits: 64 Rating: 0.00 Votes: 0) Rate It
- Roku Stock Surging New Highs
- Shares of Roku, the online media giant have recently seen an influx of positivity in their share price hitting new highs this week, on top of already impressive gains so far in 2019. The streaming service provider have been making a large headway in the markets so far this year seeing an increase of 271% so far. The question on many people’s minds of course, is what is driving this new rally for the company?
Recently Canadian boutique equity research firm CrispIdea upgraded Roku from a hold recommendation up to a buy. The company have cited many reasons for the upgrade, however it would seem that the main trigger has been Roku’s impressive revenue growth of late. In recent months Roku have seen soaring numbers in their revenue with an impressive 45% year over year revenue growth for the full year. More impressive perhaps, is the company’s platform segment, including its advertising revenue which grew over 85% compared to 2017.
Continuing into 2019 Roku did not slow down, with revenue accelerating upwards to 51% year over year in the first quarter alone, while platform revenue saw an impressive 79% growth for the first financial quarter. One of the companies lead drivers to their huge revenue growth is the continuing expansion of their user base. Roku saw active accounts grow to 27 million in the fourth quarter of 2018, up 40% year over year, which continued into 2019, jumping to more than 29 million active user accounts. On top of the growing numbers in users, engagement by the users have been surging alongside this, with streaming hours in the first quarter of 2019 topping out at 8.9 billion, up over 74% year over year.
Roku does not seem to be stopping the growth, and the company’s unbelievably strong execution has added more fuel to the fire when it comes to their gains. And for the company, having an analyst upgrade their recommendation or being one of the bestselling products during Amazon’s Prime day, give strong evidence to investors that their growth is just beginning. If Roku continue along the same path that their existing business model has been laying out, the sky really is the limit for the company.
Benjamin Zhou – Bennet Global
(Added: Thu Jul 18 2019 Hits: 52 Rating: 0.00 Votes: 0) Rate It
- GE Parts Ways with Solar-Business
- General Electric, have announced their plans to sell a majority holding in a lesser known solar energy business BlackRock Inc. giving the investment giant a larger footing in an emerging market as the ailing manufacturer looks to shift their investments in other sectors. Details after the pullout have explained that a fund managed by BlackRock’s Real Assets sector, will now be the owner of 80% of Distributed Solar Development, a new company that has been created from GE Solar. Financial terms have yet to be disclosed on the new venture, however a spokesperson for GE said that information will be made available over the next few weeks.
The agreement between BlackRock will further increase GE’s attempt at streamlining the company, as CEO Larry Culp is instilling plans to rescue the company by narrowing down the many focuses the company have, and increasing their moves into the aviation, gas, and wind energy sectors. The American giant are currently using mergers to exit their positions in the oil and locomotive markets, and a spokesman has said the company are evaluating strategic operations for their venture capital operations. GE solar, a primarily consultation business with between 50 and 60 employees have been under the wing of GE since 2012. The offshoot of the company does not actually produce solar panels, and focus on creating solutions for solar and storage within the commercial and public sectors. GE originally tested the waters of solar panel manufacturing, however sold its technology to First Solar Inc. in 2013.
With the news that GE have reached an agreement with BlackRock, the company saw shares fall 1.5% down to $10.23 while BlackRock also saw a slide of 1.5% down to $470.13. BlackRock’s Real Assets unit, currently have over $50 billion USD in client commitments, and started their renewable energy sector in 2012.The deal between the BlackRock and GE comes at a time where investors are prioritizing the solar segment after initially being a more riskier segment for the company. Part of the move by investors is down to the fact that smaller solar farms can offer potential returns 2% higher than that of larger sized projects.
Damien Wright – Walter International
(Added: Thu Jul 18 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It
- Dubai-based Foloosi – Empowering Digital Economy with its POS System
- Dubai, July 15,2019--Foloosi is a UAE Fintech startup facilitating consumer-to-business card payments by enabling the business to display QR code, Payment Link and API integrations for the customer to scan & pay in a tap.
United Arab Emirates has the highest banking penetration rate in the Middle East region. Though in contrary, according to UAE central bank figures (in 2017): 75% of the whole UAE economy is based on cash transactions.
Furthermore, compareit4me.com survey (2018) shows that 85% of online orders are processed through cash-on-delivery option as a method of payment. Residents need more advanced and modern options in line with the UAE’s 2021 vision.
Foloosi enables digital economy empowerment for local businesses, operating merchants and most importantly the e-commerce sector. Foloosi features a wide range of advanced technological products on its modern platform – including the core function of ‘Scan to Pay’ feature, which allows a business to accept card payment by displaying QR code technology.
We have a unique offering, since no other digital platform in our region serves to onboard businesses and consumers alike while complimenting the banking system using the QR code technology.
In hindsight, Foloosi is not a ‘wallet’ as the definition of the UAE central bank where value or funds are stored, rather it is a technological software using advanced methods of integrations to connect card payment processors, payment gateways, businesses and consumers all under one platform to make possible displaying QR code for the scan to pay.
It is the easiest option for a delivery driver to accept card payments and it is definitely a much more secure method of payment than cash.
Foloosi was founded by Omar Bin Brek and Mohan Karuppiah along with their in-house team of only 6 people. They leveraged the idea and finally made it to this stage of value for the UAE market.
• Foloosi provides POS system for small and medium-size businesses that will enable merchants to process payments digitally.
• POS software helps to manage your business on your device with the Foloosi POS app. Also adjust items, manage employees, and see real-time reports from anywhere.
• People of UAE can pay their utility bills online for free using digital payments app Foloosi.
• Foloosi had launched a specially designed service to help users pay their bills in just seconds without paying any transaction charges.
We distinguish ourselves by offering local financial intelligence educational feeds using machine learning techniques and artificial intelligence, besides great user retainment features such as social event bookings.
Together we have come up with a fresh concept, in line with the UAE’s 2021 vision, complimenting the banking system and an ambitious but achievable plan to build into a thriving new business.
Foloosi enables a simple and easy way to accept, process, disburses payment solution for businesses. We help businesses by providing payment gateway, payment link, subscriptions, and POS software. Foloosi payment solutions can be integrated by both web and mobile applications.
Mr. Omar Bin Brek, founder of Foloosi says…
“Our aim is to bring innovative payment transactions throughout UAE. We developed Folossi platform in order to make transactions simple, fast and secure and to reform older method of transaction i.e. cash payments and our technological innovation solves the teething problem of processing payments.”
Source: https://laffaz.com/dubai-based-foloosi-empowering-digital-economy-with-its-pos-system/
(Added: Tue Jul 16 2019 Hits: 57 Rating: 0.00 Votes: 0) Rate It
- One Cannabis Stock You can keep for the Next Decade
- The cannabis industry is a rapidly expanding new marketplace that investors cannot get enough of. Leading analysts are predicting that cannabis sales are set to exponentially grow to somewhere in the region $75-$150 Billion in annual sales over the course of the next decade. And there is one cannabis company, Aurora Cannabis, which have set themselves up in a position to grasp onto a large portion of the industries profit in the coming decade.
Aurora Cannabis have certainly been ensuring their place in the industry, by focusing on the foundations to success. When it comes to production, Aurora’s capacity is second to none, and the company are on the way to producing over 600,000 Kilograms of cannabis by the end of 2020. When looking at their rivals, trailing behind Aurora only one other producer seems to be on the right track to produce at least 500,000 kilograms annually and that is Canopy Growth.
The huge difference in ability to produce products should provide Aurora with a large advantage over their smaller competitors. This mainly due to the fact they can spread their larger costs, over a broader sales base, and with such large facilities for production, Aurora should be able to see industry leading profit margins over time. In addition, Aurora claims to be a low cost producer of cannabis, which should help the company with any unforeseen short supply issues faced by states and countries who move to legalize cannabis.
Not only do Aurora have peak production capabilities, the company also boasts the largest international presence in the industry so far, with their products available in 25 countries, meanwhile their closest competitor Canopy Growth have a respectable 16 country presence. With that in mind, Aurora have a serious leg up on the rest of the cannabis industry, and have a good shot when it comes to taking a large portion of the global market share.
Simon Jones – Bennet Global
(Added: Tue Jul 16 2019 Hits: 52 Rating: 0.00 Votes: 0) Rate It
- BiKi.com Compares Favorably Against Top Exchanges Binance, OKEx and Huobi
- Singapore, July 15, 2019 -- The numbers are in and fast-growing exchange BiKi.com is proving it is no flash in the pan. According to official reports, BiKi.com’s revenue figures in the second quarter exceeded USD 15 million, which is a 500% increase when compared to figures from the first quarter. This works out to one-eighth of leading exchange Binance’s reported Q2 revenues.
BiKi’s June trading fees is also currently 20% of OKEx’s. Its total registered users have now reached 1.5 million, with 130,000 daily active users, numbers which are comparable to top tier exchanges like Huobi. The trading platform now provides 220 trading pairs and ranks amongst the top 20 on exchange ranking sites such as Feixiaohao and Mytoken.
BiKi.com has continued to forge an impressive progression since it began in June 2018 and this has attracted investments of nearly USD 10 million the past year from investment institutions and individuals the likes of Du Jun, Zhu Huaiyang (Genesis Capital), FBG Capital, and ChainUp.
Cryptocurrency exchanges generally operate within an extremely competitive environment and many exchanges undertake wash trading to maintain their competitive edge. BiKi.com claims it does not practice wash trading and attributes its success to two factors - project selection and how it gains and retains market share.
Project Selection
BiKi adopts an astute set of criteria when choosing projects to list and one of them requires that all listed projects have strong communities of token holders behind them. This is contrary to cryptocurrency exchanges who charge high listing fees and then have to rack their brains to bring in users to trade. As was the case with FCoin Exchange, the “Transaction Mining” mechanism devised by its team did indeed attract a huge user base within a short period of time. However, once the dividend period was over, it was simply a matter of time before its user base had all but dissipated.
BiKi chooses its projects wisely - listed projects on BiKi have large communities and frequent traders who possess diverse assets. Additionally, BiKi already has 5 Wechat community leaders with over 1 million followers who are community token holders and over 10 Wechat community leaders with over 100,000 followers, which contribute to 80% of the exchange’s traffic volume. By leveraging on the strengths of its projects and BiKi’s own strong Wechat communities, BiKi has managed to carve out a fast track to gaining liquidity and trading volume.
BiKi’s strategy of maintaining long term relationships with venture capitalists and investors ensures that BiKi has opportunities to either list top tier projects on a moment’s notice, or be the first exchange to list a certain project. As a result, BiKi’s users have access to a wide variety of high quality tokens to trade - clearly a factor why BiKi has emerged as the industry dark horse.
Conversely, projects who list on BiKi see the exchange as a stepping stone to gain a new level of recognition in the industry. Listing on BiKi has become somewhat of a yardstick measure of project quality, aided in no small way by BiKi’s 130,000 daily active users who organically generate demand for their tokens.
Gaining and Retaining Market Share
The sustainability of an exchange is actually not dependent on its current profitability, but on its ability to retain its users and effectively recruit new ones. BiKi was the first exchange to acquire users through its ‘community fission’ model, which is a way of scaling communities using recommendations from present users to attract more users.
Blockchain projects cannot succeed without strong communities, and the network dynamics BiKi uses to acquire users are one of its core competitive advantages. Presently, BiKi has more than 200 official community groups, more than 100,000 community members, and is still growing at a rate of 300 new members per day.
Using its “Community Partners Programme” to attract new users daily, BiKi currently has over 1000 Community Partners and is increasing at a rate of 30 per day. BiKi’s targeted 10,000 Community Partners within 2019 is estimated to bring with them 500,000 new users to the exchange.
Similar to Chinese e-commerce platforms Yunji and Pinduoduo, BiKi’s Partner Program rewards Community Partners who introduce more active users to the platform. The ‘community fission’ model shifts the responsibility of customer acquisition to present customers themselves and its inherent network dynamics builds a base of new users that continues to ‘grow’ other users.
What is important to note, though, is that despite the program restricting the network to only two tiers of membership, the efficacy of this model speaks for itself - BiKi has managed to amass 130,000 daily active users and USD 15 million in Q2.
During a bear market, BiKi.com acquired 1.5 million registered users on the exchange, setting an industry precedent in user acquisition. BiKi’s strong base of relationships and users provides a clear value proposition that projects can tap into to reach their milestones. The exchange continues to welcome projects to join the growing community of choice projects currently listed on BiKi.com.
About BiKi.com:
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange that provides a digital assets platform for trading more than 100 cryptocurrencies and 220 trading pairs. Since beginning operations in June 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users and 130,000 daily active users, ranking within the top 20 exchanges globally.
Company Contact:
Chang Jie Lin, BiKi.com
jielin@biKi.com
+65-94556702
Media Contact:
Cecilia Wong, yourPRstrategist
cecilia@yourPRstrategist.com
+65-91826605
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- ITR filing in indirapuram and GST filing in indirapuram
- 15th July’19, Indirapuram: This has been formally announced in India that the income tax department will soon be sharing the tax return data of the business owners with the Goods and Services Tax Network (GSTN) officer. This specific move will be aimed at keeping a check at the income mismatches or anomalies which often persist between their itr filing in indirapuram and gst filing in indirapuram .
There is a clear mandate that the business persons require to ensure that their itr filing in indirapuram and gst filing in indirapuram correlate. A business owner whose income as per itr filing in indirapuram is sharply at variance with the gst filing in indirapuram would certainly come under the lens. Prior to GST’s introduction, the department was not able to reconcile the data filed by the business persons’ service tax/sales tax return and itr filing in indirapuram . The reason for the same is that the sales tax return used to be filed at the different state levels and service tax return used to be filed at the national level. After the introduction of GST, all the data are readily available at the central level which enables the exchange of data between both the authorities smooth and easy.
Summary
As per a Memorandum of Understanding (MoU) which was signed between the Principal Director General of Income Tax and nodal officer, GSTIN, there will be a flow of data and communication between both the departments with the aim of bringing fair practices in itr filing in indirapuram and gst filing in indirapuram .
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- How to Plan For Your Dream Home Loan
- Taking a home advance is an aware method and an inside and out organized one. It is for all intents and purposes a devotion everlastingly routinely, or if nothing else for a drawn-out stretch of time. You need to plan the present and also future evaluated cash streams, the attainable uses you may realize, what kind of Home Finance to be picked, the optional uses which may be diminished or conceded.
Here are some points that you can plan for your home:
1. To begin with, shake off your month to month wellsprings of income these can be pay, rent, benefit, etc. If the two life accomplices are working, you can club both the pay rates. The typical increasing speed in the total pay should in like manner be considered. You moreover need to think about the yearly pay from hypotheses, for instance, settled stores, and maybe a reward. This estimation should be made for the lifecycle of the development, and even more completely for the speedy 3-5 years. Along these lines, you can arrive at the cash open over the period.
2. By then, come the costs which you may cause. These fuse nuclear family costs, essential hypotheses; force saving endeavors, existing EMIs, school charge, therapeutic costs, insurance premiums, etc. You may similarly consider likely uses on a marriage of youths or their propelled instruction and so on. Considering these income and costs, you can connect at a net accept that is accessible to you. This will demonstrate the proportion of EMI that you can pay gently and use EMI Calculator and Home Loan in Udaipur Calculator to get an estimation of the EMI going to neutralize your Loan.
3. This is another basic factor. How the period of receipts and portions concurs is basic. Any blunder on that front can be horrifying. Thusly, though broad you may have the benefits, you probably won't have them when required. This can moreover happen in case you have to use the advantages from the idea of a property to pay the EMIs yet can't offer the property in time.
Home is an increasingly important achievement as you have the opportunity to organize and update it yourself. Home credits are the better option and in all actuality theory you will never mourn.
Contact Us
Address: 321, S.M. Lodha Complex, Near Shastri Circle, Udaipur - 313001 Rajasthan, India.
Call: +91- 294 - 2561882, +91- 294 - 2412609
Toll free No.: 18001212399
Mail: info@srghousing.com
Web: www.srghousing.com
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- CannTrust Update on Outdoor Cultivation and ties to Australia
- CannTrust Holdings have released a report updating investors on their outdoor cultivation operations in British Colombia, and their first shipment of CBD products to their Australian partners. After finalizing and securing their purchase of 81 acres of land in B.C for the sole purpose of outdoor cannabis cultivation, CannTrust have further invested in Security, Fencing, Irrigation and other preparation in accordance with their application to Health Canada for the licenses they require to cultivate cannabis on the land.
CannTrust initially estimated with the size of the land they have acquired and the projected date of permit acceptance, that the company would be able to produce 75,000KG of cannabis products from 2019. However as the company have yet to receive their permits, at this stage of the growing season, the company re estimated that for the year of 2019 they will be able to produce somewhere between 0-15,000KG, again subject to timing and approval by the regulators.
The company expects that 15,000KG is a reasonable estimate if the company can complete their planting by the first half of July this year, and if they are unable to meet that target, yields will drop considerably if the plant is complete in the second half of the month. The company went on to explain that if their crops are not initially planted by the 5th of August, then for the year of 2019 there will in fact be no outdoor harvest.
CannTrust are already pushing forward, and are looking to reach a firm agreement for the long term lease of an additional 160 acres of land, giving them a total of 240 acres to plant on by the beginning of growing season of 2020. Combining their two outdoor growth centers, the company have estimated that once cultivation is in full swing, they will be able to produce a respectable 100,000-200,000kg of cannabis in 2020, again subject to the approval of regulators. The company have said that the land they have purchased is situated in a very nutrient rich agricultural region, and in the long term they will remain focused on cultivating and producing cannabis products at a low cost.
And more good news for the company, is that they successfully completed their first shipment of CBD and THC products to Australia. The products that they have shipped, will be in turn sold by their partner Cannatrek LTD, who are one of the biggest suppliers in Australia when it comes to medical cannabis.
CannTrust now offers their Australian partners 9 different products which they can sell to their medical patients. CEO Peter Aceto said in a recent interview, after completing their shipment “The first steps to build CannTrust’s global footprint were established last year through partnerships in Europe and Australia. We continue to make excellent progress with our partners in these regions as they build their operations and through our regular shipments of our award-winning products to both Denmark and Australia. We will continue taking action to establish leading positions in medical cannabis markets around the world. CannTrust is in an excellent position to increase our international business as medical and recreational cannabis continue to gain acceptance worldwide,”
Nathan Fung – IEC International
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