At the fundamental level, a smart contract is a set of digital codes used to trade assets without intermediaries. Say you want to create a smart contract. In this case, you or the other party involved would have to digitally code the smart contract and its parameters, with both of you agreeing to the smart contract rules.
India is one of the world’s fastest-growing economies and speedily emerging FinTech hubs. As of June 2022, the country had around 4,200 FinTech startups, 17 of which were unicorns, i.e. companies that reached a valuation of US$1 billion without being listed on the stock market. In comparison, China is home to only 13 FinTech unicorns. There are many more Indian startups on the brink of the US$1 billion dream, dubbed “soonicorns”, a testament to India’s flourishing FinTech industry.
India is a hotbed of startup activity, and many Bollywood celebrities are investing in some of the most promising ventures. These investments not only provide much-needed capital to these budding businesses but also massive media exposure, which can go a long way in attracting other investors and customers. Let’s learn more about the following four celebrities who have been active investors in the Indian startup scene.
When you imagine the future what does it look like? Does everything look shiny and metallic? Are there flying cars or remote-controlled dog walkers like in the 1985 sci-fi classic Back to the Future II? Given the abundance of sci-fi films about future worlds out there, chances are most of us imagine the same things when we think about the future.
In 2019, Google used its quantum computer, the Sycamore machine, to prove that quantum computers can solve a problem in mere minutes. Experts working on the quantum computer found that their system could execute a calculation in 200 seconds, whereas a standard computer would take 10,000 years to complete. What on earth is this powerful tool?
Entrepreneurship is not an age-specific venture. From Baby Toon by Cassidy Crowly to Minomynas by Hillary Yip, the rise of youth entrepreneurs has captured the world’s attention, showcasing the talent and creativity of our future leaders. According to a survey, about 60% of teenagers are interested in starting their own business instead of working a traditional job.
It has not been an easy year for those in the tech industry, witnessing massive layoffs and hiring freezes. For those on the sidelines, the tech bust has been eye-opening, and we understand that even though tech may be the future of the world, it might not be so for employment, as has been validated by CEOs.
Over the past couple of years, cryptocurrencies have become a mainstay in financial discussions. As of this year, there are 15,174 businesses worldwide that accept Bitcoin as a means of payment. This rise in the popularity of crypto has encouraged governments to open up to crypto, with El Salvador declaring Bitcoin as a legal tender and Ukraine legalizing cryptocurrency in 2021.
A lot has changed about how we work in the past couple of years. According to LinkedIn, 95 job applications are submitted every minute on their platform. Each company’s human resource (HR) department clearly has a lot of work cut out for them when it comes to finding suitable candidates. Besides culling out prospective candidates, HR departments have a lot of other responsibilities, such as monitoring employee performance and maintaining workplace culture.
Online dating can be really hard. You can spend hours scrolling through matches and end up nowhere closer to finding a partner. The exercise of going on one date after another only to see the chemistry fizzle out each and every time can be extremely exhausting. According to a survey by the online dating research platform The Single’s Report, 78.37% of Americans aged 18-54 experience emotional fatigue or burnout when online dating.
Black, Indigenous and People of Color (BIPOC) make up the vast majority of today’s global population. Yet, when you walk into a makeup store, you see 50 shades of beige catering to a smaller percentage of makeup users with lighter skin tones, and there are only very few or no selections for darker complexions.
On June 22, the non-profit standards organization the Khronos Group announced the formation of a collaborative body called the Metaverse Standard Forum (MSF). Many major metaverse players, like Meta, Microsoft, Epic Games, Adobe and Nvidia, have come together to join the Khronos Group as founding members of the MSF.
The ability to network efficiently and create meaningful connections is necessary for success in entrepreneurship and life. From meeting new investors willing to bet on you or hiring the best employees, networking is the foundation of building your community and seeking new knowledge and opportunities. However, it does not come easily to many people, as putting yourself out in the world may feel like stepping out of one’s comfort zone.
The global cryptocurrency market has been struggling with hacks for almost its entire existence. One of the most recent attacks to have shaken up the crypto market is a hack on the Binance ecosystem. On October 7, the world’s biggest cryptocurrency exchange, Binance, reported that its blockchain (BNB Smart Chain) had been attacked.
You’ve just hired a new employee. They’re great, intelligent, driven and excited to be a part of your company. You’re thrilled to have them on board. However, a few months later, they hand in their notice and quit. It’s a frustrating and not uncommon situation—30% of job seekers have left a job within the first three months.