Category: Currency

Introduction:: Let’s first dive deep into the concept of money and then contemplate the emergence of the digital currencies in this fast digital driven tech world. History teaches us that money system has evolved from Barter system (Mutual Exchange System) which existed way back in 6000BC. Money is just a medium of exchange signifying agreement …

In the first place, the subsidising of major banks has moved towards a more prominent dependence on wholesale subsidising (wholesale deposits, repurchase obligations and other currency market instruments) from institutional and corporate speculators (both financial and non-financial)-a commonly more unstable resousrce of subsidizing than conventional retail deposits. At time of serious market stress, modern wholesale …

BLOCKCHAIN M.LOHITHA 1. ABSTRACT Digital world has produced efficiencies, new innovative products, and close customer relationships globally by the effective use of mobile, IoT (Internet of Things), social media, analytics and cloud technology to generate models for better decisions. Blockchain is recently introduced and revolutionizing the digital world bringing a new perspective to security, resiliency …

1. Flag of Denmark is the oldest of the existing flags of states on Earth. 2. Denmark is the most peaceful country in Europe, and its citizens are a law-abiding people. 3. 43,560 square kilometers is the total area of Denmark. 4. Danish is the official language of Denmark. 5. The total population of Denmark …

The Financial Market, which is the market for credit and capital, can be partitioned into the Money Market and the Capital Market. The Money Market is the market for here and now enthusiasm bearing resources with developments of short of what one year, for example, Treasury charges, business paper, and endorsements of stores. The real …

Ulysses S. GrantUlysses S. Grant rose to command all the Federal armies in the Civil War. Ulysses Hiram Grant was born April 27, 1822, in a two room frame house at Point Pleasant, Ohio. His father, Jesse Root Grant, was foreman in a tannery. When Grant was one his parents moved to Georgetown where they …

On the 2nd of July 1997, Asia was hit by one of the most devastating financialcrises it has ever seen. Of all the financial crisis that have taken place, thiswas one of the most distressing in that it was totally unexpected. The purposeof this paper is to show that particular developmental strategies employed bythese economies …

Coinage of India, issued by imperial dynasties and middle kingdoms, began anywhere between the 1st millennium BCE to the 6th century BCE, and consisted mainly of copper and silver coins in its initial stage.1 Scholars remain divided over the origins of Indian coinage.2 Cowry shells was first used in India as commodity money.3 The Indus …

We are living in a money driven world, but what if someone told us that there is a kind of money which is not real, doesn’t have any physical existence and is not governed by any central authority. This forms the basic concept of what is called a “Cryptocurrency”. A cryptocurrency can be defined as …