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Showing posts with the label Finance

Blockchain in Agriculture

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With 40% of the global workforce, agriculture sector  presents 6.4% of the entire world’s economic production  and its total worldwide production is $5,084,800 million. If you have ever visited a farm, you would have seen that farmers have complicated ecosystems with seasonal financing structures, careful timing and a lot of moving parts. After the food leaves the farm for the market, it becomes a part of the vast supply chain involving a lot of intermediaries. Everyone would like to know where the food has been produced before it is served on the plate. What if you could check the quality of food before you eat it? It could become possible with the use-cases of blockchain in executing contracts and tracking information transparently. Blockchain agriculture is one of the compelling use cases that makes the process of growing and supplying food simpler. The agriculture supply chain can provide all involved parties with a single source of truth. App...

Options Contract Explained

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An options contract is an agreement between two parties to facilitate a potential transaction on the underlying security at a preset price, referred to as the strike price, prior to the expiration date. The two types of contracts are put and call options, both of which can be purchased to speculate on the direction of stocks or stock indices, or sold to generate income. For stock options, a single contract covers 100 shares of the underlying stock. The Basics of an Options Contract In general, call options can be purchased as a leveraged bet on the appreciation of a stock or index, while put options are purchased to profit from price declines. The buyer of a call option has the right but not the obligation to buy the number of shares covered in the contract at the strike price. Put buyers have the right but not the obligation to sell shares at the strike price in the contract. Option sellers, on the other hand, are obligated to transact their side of the...

Blockchain and Digital Identity

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Technological advancements in the digital space has revolutionized every aspect of our lives, from shopping to collaborating with colleagues to keeping in touch with friends to entertainment to managing our finances . Since the dawn of the Internet, identity management has been a key concern, with billions of dollars being spent on usability, security and privacy. The identity and access management market is expected to grow from $8.09 billion in 2016 to $14.82 billion by 2021, representing a 12.9% CAGR. Despite this huge investment, managing digital identities continues to be plagued by three Cs – Cumbersome, Costly and Challenging. With data driving the world today, digital identity is critical to most business and social transactions. This governs the interaction of users in the digital world. But traditional identity systems continue to be highly vulnerable, with single points of failure, attracting continuous attempts to gain access to the complete repository of high ...

Financial Crisis of 2008

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The 2008 financial crisis is the worst economic catastrophe since the  Great Depression of 1929 . It happened notwithstanding Federal Reserve and Treasury Department goes through great lengths to prevent it. It led to the Great Recession. That's when the cover prices fell 31.8 percent, more than the price plummet throughout the Depression. Two years afterward the slump ended, unemployment was still above 9 percent. That's not as well as disheartened workforces who had given up observing for work.  The first sign that the economy was in distress happened in 2006. That's when covering prices began to fall. At first, realtors celebrated. They thought the excited housing market would reappearance to a more justifiable level. Realtors didn't comprehend there were too many homeowners with dubious credit. Banks had permissible people to take out loans for 100 percent or mor...

The South Sea Bubble: An Introduction

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The South Sea Bubble was formed by a more multifaceted set of situations than the Dutch Tulip mania , but has nonetheless gone down in history as an additional classic instance of a financial bubble. The South Sea Company was formed in 1711, and was promised a monopoly by the British government on all trade with the Spanish colonies of South America. Expectant a repeat of the achievement of the East India Company, which had a flourishing business with India, investors snapped up shares of the South Sea Company. As its directors circulated tall tales of unconceivable riches in the South Seas (present-day South America), stocks of the company gushed more than eight-fold in 1720, from £128 in January to £1050 in June, before crumpling in the succeeding months and instigating a severe financial crisis. The South Sea Company 's foundation in 1711 followed the normal joint-stock company model. A joint-stock company held a royal charter which allowable it certain privilege...