Switching Indian currency from print to digital

The end of the announcement of 500 and 1000 rupees by Narendra Modi led to an increase in digital payments, thus helping India to move to digital India. The last few days have seen it difficult for people to buy goods for their livelihood, banning Indian banknotes such as Rs.500 / – and Rs.1000 / -, which seems to be a nation of over a billion people realizing the benefits of digital currency.

Looking at the Google Trends page, it seems that “buy bitcoin” is rapidly gaining popularity. Bitcoins are a digital currency created by computers whose prices are validated through a public ledger. Like all digital money, this money can be used to pay for goods and services, such as buying coffee, a package of food in a restaurant or even clothes.

Although the digital currency is yet to mature, it has the power to play a key role in the future of financial services. As the adoption of bitcoin and other related technologies increases, our financial system will rely heavily on large centralized institutions with a globally distributed network. With the spread of the Internet, we have witnessed industries such as the media; software and communications have been transformed and strengthened. Sooner or later we will experience a similar revolution in financial services, where digital currency is constantly replacing our old, expensive and time-consuming systems and creating a completely new structure that facilitates payments, streamlines accounting processes and enforces contracts with ease and scalability. In this rapidly evolving landscape, digital currency may emerge as a valuable trade that enables the “money internet”.

“There is no doubt that the digital currency will play an important role in the future.

– John Donahu, President and CEO of eBay

Enthusiasts of cryptocurrencies remain hoping that bitcoin will displace money sooner or later.

Millions of Indian people have limited or no access to financial services through traditional means. This means that bitcoin can satisfy a need if it ever arises. Benson Samuel, one of the most popular names in the Indian bitcoin community and co-founder of Coinsecure, welcomed the decision. He said: “This is very good for digital currencies in India, as people will now be forced to look for alternatives to preserve value. Decentralized digital currencies will play a vital role in maintaining different options for people who need to use them. “

“People receive remittances in bitcoins instead of Paypal. They are able to liquidate them by paying only a 1% transaction fee, “said Satvik Viswanat, CEO and co-founder of Unocoin.

Governments around the world have recently announced they are investigating their own plans for digital currencies.

The Manila-based bitcoin wallet service provides users with direct access to basic financial services, such as sending and receiving money, paying bills, money transfers and mobile top-ups within a Coins account. Customers with or without a bank account have access to online shopping at more than 63,000 merchants who accept digital currency.

Bitcoin and digital currency are moving into the future of the financial system, but the main challenge is the development of emerging technologies and the provision of innovation to consumers and businesses around the world. In addition, technologies must be as safe and easy to use as possible and work with governments to figure out how to address these innovations against the law.

How about your career and business?

Emerging digital tools can allow organizations to focus not only on finding talent, but also on managing, retaining and developing employees. Digital employee portals will integrate with these tools, helping companies expand their employee database, improve their recruitment and verification methods, and deploy their employees more efficiently. Such platforms can help put the right person in the right job, find skills gaps, help employees gain new skills, chart career paths and stimulate the development of the next generation of leaders.

More than two million people may already be employed in the creative and digital sectors, contributing £ 137 billion to the country, but a report published by the UK’s Employment and Skills Commission (UKCES) in June 2015 revealed that there are more vacancies in these sectors. sectors than in the rest of the UK economy. He also estimates that 1.2 million web development and programming jobs will have to be filled by 2022. This is why web developers and programmers are in high demand, as fewer graduates choose to enter the sector.

Customers are better connected because data connects everything that allows competitors and startups to outperform established players. Those who adapt their business model to the customer will benefit in the growing digital age. Businesses need to become more innovative and flexible in order to adapt to customer requirements and market changes. This will allow them to increase customer engagement, increase employees and become more profitable. After all, they need a business strategy for the digital age.

Learn how to sell in the digital age.

Selling in the digital age will help your salespeople maximize the power of digital marketing, stay ahead of the competition. The digital age provides online platforms, channels and systems that business owners and digital marketers use to optimize their online business. Business owners need to understand the current digital landscape and how it can lead to the success and growth of their business. Basically, they need to understand the basic functions and principles of digital marketing analysis and what makes an effective brand strategy. Use the power of digital marketing effectively to identify potential customers with social networks, search engines, directories, blogs and Twitter. Find and develop qualified prospects in clients, using the vast resources of the Internet. Interact and retain current customers. Build lasting relationships with customers.

One can get the most out of search engines
Social networks can help you sell.
Make the most of LinkedIn, a business networking giant.
Use Twitter to sell and become more familiar with your industry.
Use directories to find the right people and information quickly.
Use email campaigns to help your customers buy.
Write blogs to become known as an industry expert.
Create your own personal brand online that generates inbound business.