Category: Finance

Newer Business Models and Emergence of Fintech

Newer Business Models and Emergence of Fintech

Money related markets overall were significantly influenced by the web insurgency during the 1990s, with one of the significant impacts being that it brought down expenses for budgetary exchanges. Innovative advances driven by the web upset changed the essence of the budgetary administrations industry and prompted the improvement of electronic money (e-account). E-money alludes to … Continue reading Newer Business Models and Emergence of Fintech

E-Payments – A viewpoint from the Transaction Cost perspective

E-Payments – A viewpoint from the Transaction Cost perspective

As per a recent article in the economic times, the Bank of Baroda will not levy any charges on digital transactions for the next three months. This is in the wake of Coronavirus pandemic where Bank of Baroda is looking to promote digital payments and encourage more customers to avail banking services digitally, without visiting … Continue reading E-Payments – A viewpoint from the Transaction Cost perspective

BLOCKCHAIN FOR SMART CONTRACTS AND ITS IMPACTS

BLOCKCHAIN FOR SMART CONTRACTS AND ITS IMPACTS

As early as 1991, the concept behind blockchain technology was pronounced when research scientists Stuart Haber and W. Scott Stornetta presented an applied solution for time-stamping digital documents in order that they might not be backdated or tampered with. Later, it absolutely was improved to efficiently allow numerous certificates to be poised into one block. … Continue reading BLOCKCHAIN FOR SMART CONTRACTS AND ITS IMPACTS

Possible Role of Cryptocurrency in Post – Covid Era

Possible Role of Cryptocurrency in Post – Covid Era

Let’s dive into various pointers that signify the role of cryptocurrency post Covid era: During pandemic crisis of coronavirus government and banks observe a high risk factor in handling of cash because paper currency has a high potential to carry virus and bacteria as it involves change of hands between unknown people many times a … Continue reading Possible Role of Cryptocurrency in Post – Covid Era