How to create a cloud server (droplet) in digitalocean?

  • Create a new account in digital ocean and login with your email and password.
  • Click Create => Droplets from top right corner.

In the next page we have to choose the configuration options for the droplets.

  • In the first step choose an image from the 3 categories.

Distributions are images without any additional software.

Container distributers include CoreOS, Fedora etc;

One click apps are images that include preconfigured applications.

  • Then choose the size of RAM and storage space required.
  • Next, you’re required to choose the data center regions.
  • Add your SSH keys which provide more security than using a password.

In the final step, choose the number of droplets and hostname. Then click create droplet.

What is Elasticsearch and how it works?

Elasticsearch

Elasticsearch is an open-source, distributed, multi-tenant-capable search engine. The term multi-tenant refers to the architecture in which a single software runs on a server and serve more than one user at the same time.

SQL database managements systems aren’t really designed for full-text searches also they will take around 10 sec to list out the results were as Elastic search will perform a full-text search and return the results within few milliseconds.

Elastic search is based on Lucene,which is a open source full-text search engine library written in Java.

Indexing and Retrieving data :

Indexing :

The act of storing data in Elasticsearch is called indexing. In Elastic search each data was stored in simple JSON document. Data can be stored using HTTP PUT request.

Elasticsearch cluster can contain multiple indices which are similar to the databases in SQL. Each indices may contain multiple types. These types hold multiple documents and each document has multiple fields.

PUT /index/type/Id

Example :

Lets imagine a school record of all students.

Here the Index (Indices) may be Class-11, Class-12

Type will be as Student. Here the each student data was stored with the ID of the particular student. The files stored under this type may contains fields like : Name, Register number, Father Name etc.

eg: PUT Class-11 / Student / 1

Retrieving :

Retrieving a document is easy in elastic search where we can simple execute “HTTP Get” request and specify the address of the document.

GET /index/type/Id

eg: Class-11 / Student / 1

Every feature of Elasticsearch is exposed as a REST API:

Index API: Used to document the index.

Get API: Used to retrieve the document.

Search API: Used to submit your query and get a result.

Put Mapping API: Used to override default choices and define the mapping.

Filtering Queries and Aggregations :

Elasticsearch has a single set of components called queries, which can be mixed and matched in endless combinations.

This single set of components can be used in two contexts:

  1. Filtering Context
  2. Query Context

When used in filtering context, the query is said to be a “non-scoring” or “filtering” query.

When used in a querying context, the query becomes a “scoring” query.

Non-Scoring Query is to filter the data which matches with the given query.

A scoring query calculates how relevant each document is to the query, and assigns it a relevance _score, which is later used to sort matching documents by relevance.

Aggregations :

The query returns a certain subset of documents, and the aggregation operates on those documents.

Things to know about 5G Network

5G Network:

5G simply stands for fifth generation and refers to the next and newest mobile wireless standard based on the IEEE 802.11ac standard of broadband technology. The next (5th) generation  wireless network will address the evolution beyond mobile internet to massive IoT (Internet of Things)in 2020. Achieving the 5G vision will require new technology innovations that deliver unparalleled levels of scalability, capability and efficiency.

Specifications:

    • Up to 10 Gbps data rate  – > 10 to 100x improvement over 4G and 4.5G networks
    • 1 millisecond latency
    • 1000x bandwidth per unit area
    • Up to 100x number of connected devices per unit area (compared with 4G LTE)
    • 99.999% availability
    • 100% coverage
    • 90% reduction in network energy usage
    • Up to 10-year battery life for low power IoT devices

5G networks expand broadband wireless services beyond mobile Internet to IoT and critical communications segments.Current 4G mobile standards have the potential to provide 100s of Mbps. 5G offers to take that into multi-gigabits per second. It will have faster download speeds and the ability to run more complex mobile Internet apps.

It’s not just about speed in network connection either 5G is seen as the underlying technology allowing self-driving cars to talk to each other, or for people to wirelessly stream super high-definition virtual reality content into their headsets.

Features :

Millimeter wave:

All cellular networks use spectrum in lower frequency bands like 700 megahertz. The high speed 5G network uses a high frequency spectrum for which the millimeter wave range falls between 24 gigahertz and 100 gigahertz.

Latency:

Latency is the response time between a click action and its response from the network. In current networks the lag time may be around 20 milliseconds. With 5G that latency gets reduced to 1 millisecond.

Carrier aggregation:

Wireless carriers can take different bands of radio frequencies and bind them together. They can choose the speediest and least congested Carrier.

Unlicensed spectrum:

Currently our networks using licensed spectrum but in 5G it will use unlicensed spectrum so that they can maintain enough coverage. This can increase the access network capacity and benefit users’ wireless experience.

Network slicing:

In 5G a single physical network will be sliced into multiple virtual networks that can support different devices. Same tower can offer low power connection as well as faster,low-latency connection at the same time.

5G in India:

Airtel and Huawei have successfully conducted India’s first 5G network trial. India plans to roll out 5G services for consumers by 2020.

Before the 5G network get launched in India, many smart-phones have hit the market with the feature to support a 5G Sim.

1.Apple iPhone 8
2.Samsung Galaxy Note8
3.Nokia 9
4.Google Pixel 2 / Pixel XL 2
5.Samsung Galaxy S9 / Galaxy S9+
6.LG G7
7.HTC U12
8.Xiaomi Mi 7
9.Huawei P11 / P11 Plus
10.OnePlus 6

How Will Artificial Intelligence Change The Future?

Artificial Intelligence (AI)

Artificial Intelligence (AI) is taking root in our everyday lives. We’re still a few years away from having robots at our beck and call, but AI has already had a profound impact in more subtle ways.

In 1950 Alan Turing, British WWII coder, is one of the first people to come up with the idea of machines that think. He even created the Turing test, which is still used today, as a benchmark to determine a machine’s ability to “think” like a human.

Artificial intelligence is a branch of computer science that aims to create intelligent machines. It has become an essential part of the technology industry. Instead of writing millions of lines of code to anticipate every situation, these new applications ingest vast amounts of data, recognize patterns, and “learn” from them, much as the human brain does.

The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize or learn from past experience.

Artificial intelligence can be understood as a set of tools and programs that makes software “smarter” in a way an outside observer thinks the output is generated by a human.

In the most simplistic terms, AI leverages self-learning systems by using multiple tools like data mining, pattern recognition and natural language processing. It operates similar to how a normal human brain functions during regular tasks like common-sense reasoning, forming an opinion or social behavior.

AI is divided into 3 stages :

First Stage : Artificial Narrow Intelligence (ANI)
Intelligence restricted to only one functional area.

Second Stage : Artificial General Intelligence (AGI)
It covers more than one field like power of reasoning, problem solving and abstract thinking.

Third Stage : Artificial Super Intelligence (ASI)
AI surpasses human intelligence across all fields.

Examples of AI technology :

Robotic Process Automation : Robots can be programmed to perform high-volume, repeatable tasks normally performed by humans.

Machine Vision : Machine vision captures and analyzes visual information using a camera. They can be programmed to see through walls.

Virtual Personal Assistants : There are some digital apps such as google map which can answer your question as per your requests. Eg: Where’s the nearest restaurant?

Video Games : The system will counteract your moves in certain games which is also an AI.

Smart Cars : Self-driving cars are moving closer and closer to reality; Google’s self-driving car project and Tesla’s “autopilot” feature are two examples that have been in the news lately.

Fraud Detection : The system will be able to spot a fraudulent transaction based on the signs and indications that it learned through the training exercise.

AI Applications :

In Health care : AI is changing health-care now and will in the future. AI is useful in Managing Medical Records, Digital Consultation, Health-care System Analysis and monitor patient’s condition and follow up with treatments.

In Business : In the business world, artificial intelligence is enabling businesses to work smarter and faster, doing more with significantly less. Companies can now use machines algorithms to identify trends and insights and make faster decisions which helps them to be competitive in real-time.

In Education : The field of artificial intelligence (AI) is having a positive impact on educational applications. AI can assess students and adapt to their needs, helping them work at their own pace. AI could change where and how students learn.

In finance : By analyzing various data points, machine learning algorithms can detect fraudulent transactions that would go unnoticed by human analysts. They are also being used as Chatbots which conducts a conversation via auditory or textual methods regarding the financial or banking queries.

 

Wallet Software

Wallet Software :

A cryptocurrency wallet is a software program that stores your private and public keys using which it interacts with various blockchain to enable users to send and receive their cryptocurrency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.

When a person sends you any digital currency, they are essentially transferring ownership of the coins to your wallet’s address. In order to transfer those coins, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders wallet will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet.

Desktop: wallets are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded.

Online: wallets run on the cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party which makes them more vulnerable to hacking attacks and theft.

Mobile: wallets run on an app on your phone and are useful because they can be used anywhere including retail stores.

Examples : Apple pay, Google wallet and Samsung pay.

Here is how a bitcoin transaction is processed:

1) Payers initiate a bitcoin payment using “wallet” software.

2) This and other pending transactions are broadcast on the global bitcoin network.

3) Once every ten minutes or so, “miners”, specialised computers (or groups of computers) on this network, collect a few hundred transactions and combine them in a “block”.

4) In order to mine a block and validate the transaction, miners compete to solve a difficult mathematical equation (a “hash function”). The miner that solves the equation first further processes the block and broadcasts this “proof-of-work” to the bitcoin network.

5) The other miners check the proof-of-work and the validity of the transactions. If they approve, the winning miner gets a reward of 25 newly minted bitcoin (about $6,900 at current prices), which is the incentive for miners to provide computing power. Adjusting the difficulty of the puzzle ensures that the supply of new bitcoins remains steady.

6) The mined block is added to the “blockchain”, a big, unbreakable ledger that lives on the bitcoin network and serves as a record of all transactions.

7) The payee can use his wallet software to see whether the bitcoin have arrived.

External links
Walletgenerator.net – Offers various methods to create private key to store and do transaction for the Ethereum wallet.

https://www.myetherwallet.com/ – GUI based system to manage Cryptocurrency like Bitcoin, Ether – Able to transfer/receive funds and much more.

Evolution of Cryptocurrency & Blockchain technologies in India

The year 2017 has been particularly interesting for the growth of cryptocurrencies in India. The people of India and the Indian market for cryptocurrencies appear to love them all the more. Now lets see how the cryptocurrencies and blockchain technology will emerge in near future in India.

JIO Coin :

Reliance JIO Planning to launch their own cryptocurrency because of Present trend Across World wide. The name for this cryptocurrency is Jio Coin, and this will help the customers to make digital payments very more comfortable.

According to latest News, JIO Launching JIO Coin very soon. For this jio coin ico project Mukesh Ambani’s elder son Akash Ambani taking leading for the Reliance Jio Coin project officially, Reliance Jio planning to build a 50-member team of young professionals to work on blockchain technology, which can also be used to develop applications such as smart contracts and supply chain management logistics.

What Will Be The Jio Coin Price In India ?

There are many rumors on the context of Jio Coin Price in India but still there is no any official announcement of jio coin. But as per the popularity of Jio, the expected price of the JIO coin is 1$ which equals to Rs 64 approximately in Indian currency.

How To Buy JIO Coins Online In India With INR & USD ?

As per the reports, Reliance Jio may launch their cryptocurrency on JioMoney app in which you will be able to buy Jio Coins Online using your wallet balance. But after few days, it might become available for purchase on popular exchanges like Bittrex, Binance, Koinex.

Blockchain in Banks:

As of 2017, 60% of financial organizations plan on using blockchain for international money transfers, security clearing and settlement and anti-money laundering services.

Two primary reasons that blockchain technology is going to revolutionize the banking industry in the next decade.

  • It’s far less expensive.
  • Transactions are significantly faster.

Blockchain would enable higher security and lower costs for banks to process payment between organizations and their clients and even between banks themselves. In the current reality, there are a lot of intermediaries in the payment processing system, but blockchain would eliminate the need for a lot of them. By using the proof of concept, blockchain was able to complete the transactions in just 10 to 20 seconds.

There’s a lot of paying fees and waiting for money transfers. Fees for Money transactions average around 10%, and the money transfer takes about one to two business days. Financial institutions spend a large amount just to keep up with KYC regulations.

For instance, blockchain technology would potentially remove any overhead costs for customer identification.  In a distributed ledger system, the customer identification is effectively performed by everyone on the network, simultaneously.

Most banking systems around the world are built on a centralized database that is more vulnerable to cyber-attack because it has one point of failure rather than many—once hackers breach the one system they have full access.

The blockchain is essentially a distributed ledger where each block contains a timestamp and holds batches of individual transactions with a link to a previous block. This technology would eliminate Fraud transactions.

Blockchain in SBI :

State Bank of India (SBI) will go in for full-fledged deployment of blockchain in its reconciliation, remittances and trade finance operations in FY19.

In February 2017, Bankchain, a consortium of banks led by SBI, was set up to work on developing blockchain-based solutions for banking in India. BankChain is a community of 27 banks from India and the Middle East. BankChain aims to reduce fraud and maximize efficiency, security & transparency in the banking systems.

Primechain Technologies operates the BankChain community  will deliver an enterprise blockchain solution that runs on Hyperledger Sawtooth and Intel Software Guard Extensions (Intel SGX).

The solution will help SBI to increase the efficiency of financial transactions without having to compromise on data confidentiality and transaction security.

Benefits of blockchain technology for banks :

The key benefits of blockchain technology for banks :

  • Less Expensive
  • Greatly improved security
  • Reduced infrastructure cost
  • Greater transparency and auditability
  • Real-time automated settlement.

How to Improve your site’s rating?

Before entering the SEO techniques You need to do an SEO Audit on your website.

Complete an SEO Audit on your website

Auditing your website helps you discover why you’re not getting enough search traffic and sales. An SEO audit means you’re closely examining your overall site performance, setting new goals based on what you find, and implementing tactics to reach those goals.

Check #1: Do all your website’s pages have SEO meta titles and descriptions?

Check #2: Is each page on your website optimized for SEO keywords?

Check #3: Is your URL structure optimized for search engines? Your URLs should be simple, short, and easy for a search engine to tell what the page is about.

After Completing your SEO Audit You can implement the below given SEO techniques one by one.

1. Improve User Engagement on sites

2. Lowering your Bounce Rate

3. Improve Site Speed

4. Reduce redirects

5. Research Keywords and Use Them Sparingly

6. Youtube SEO

7. Make a Strong Presence on Social Media

8. Update and republish old blogs

9. Build Backlinks

10. Don’t forget about bing & yahoo

Improve User Engagement on sites

Engagement is the ability to hold a user’s attention. In SEO terms, it is a measure of the amount of time spent on a page.

Here are the factors that determine Your page ranks : Search Visits, Direct Visits, Total Visits, Page views, Time on site, Bounce Rate.

Since Google only wants to deliver the best possible results to its users, it will push sites with strong engagement up in the search engine results pages.

Good formatting can improve your page’s readability. Use shorter paragraphs, shorter sentences, and bullet points so that your page’s content looks attractive to the readers.

Lowering your Bounce Rate

Bounce rate is the percentage of visitors who land on your website and leave without interacting further. One reason that your target customers might leave your site is a lack of readability. Maintaining & improving Your content’s readability will reduce the bounce rate.

Avoid irrelevant popups, users may found that to be annoying. If the landing page does not satisfy the visitor’s are going to bounce the moment they arrive on your website.

Improve Site Speed

Page speed is often confused with “site speed”, Page speed can be described in either “page load time” (the time it takes to fully display the content on a specific page). Pages with a longer load time tend to have higher bounce rates and lower average time on page.

Reducing the size of your CSS, HTML, and JavaScript files that are larger than 150 bytes can improve you page speed.By optimizing your code (including removing spaces, commas, and other unnecessary characters), you can dramatically increase your page speed.

Reduce redirects

There are many common reasons to have redirects. You should know the performance and speed problems they create and how to solve them. As more and more people use mobile, redirects will become more and more of a problem.

There are many good and legitimate reasons to have redirects but it should be kept in mind that redirects cause significant performance and speed issues. Every single redirect you can remove (or clean up) will make your pages load faster.

Research Keywords and Use Them Sparingly

Keywords are one of the main elements of SEO. SEO keywords are the key words and phrases in your web content that make it possible for people to find your site via search engines.

Instead of thinking in terms of individual keywords, think in terms of themes of keywords. A single page will be about a single topic, which can then be described with several keywords.

When you have several pages about specific topics, and they are all optimized for a theme of keywords, then your site as a whole is going to be relevant for not just a single keyword, but a full range of keywords.

All your keywords work together to tell the full story of your site. What is it about? How is it relevant? You want to use a single keyword theme per page to help Google understand exactly what each page is about and how it relates to the whole. Keep that concept in mind while you are trying to fit keywords and your site together.

Youtube SEO

Focusing on YouTube SEO will push your website onto the first page on Google and get you traffic from YouTube as well. The filename, the title, the description—all these elements affect your rankings. YouTube uses keywords in the description to rank you for super-long tail keywords. If you take the time to optimize your videos for SEO, you’ll get significantly more traffic than your competitors.

Make a Strong Presence on Social Media

Social can be utilized to build not only awareness but also brand authority. The more shares on social media you have, the more opportunities people have to see your content and link to it.

With the number of people on social media, its worldwide reach, and its ease of sharing, social media is a great way to build your web presence and quickly build an audience. You have to be proactive and reach people where they are.

Update and republish old blogs

If you’re not driving traffic to your old blog posts, you are slashing your ROI dramatically.It doesn’t make sense to spend lots of hours or hundreds of dollars creating a new blog post and then letting it die. Regularly share old content on social media. Regularly go back and add internal links to older posts.

You can’t just republish some posts, because they lose value over time.So you can create a completely new, updated post.

Build Backlinks

Building backlinks is still crucial for good rankings. “Backlinks,” meaning sites that link to your site, are, for most search engines, the supreme ranking factor. The more authoritative websites that link to you, the better rankings and traffic you’ll get.

The acceptable ways of link building are getting listed in directories, posting in forums, blogs and article directories.

You can get backlinks by guest posting on websites. Don’t overlook websites that don’t have a “write for us” page.You might wonder why sites as those, listed by the Backlink Builder tool provide such a precious asset as backlinks for free. The answer is simple – they need content for their site. When you post an article, or submit a link to your site, you do not get paid for this. You provide them for free with something they need – content – and in return they also provide you for free with something you need – quality backlinks. It is a free trade, as long as the sites you post your content or links are respected and you don’t post fake links or content.

Monitor the links from your guest posts. Use the Monitor Backlinks SEO tool for automatic updates and keep track of all your backlinks.

Don’t forget about bing & yahoo

The Internet world doesn’t revolve around google. There are still users who prefer Yahoo or Bing and some are just plain used to it. Understand that this requires you to adapt to the workings of the major search engines and develop your site accordingly. It is called Search Engine Optimization. Adjust your sites to match the working of these engines as well, to boost your SEO.

IBM Blockchain Technology

IBM Blockchain Technology

Now-a-days Business networks are inefficient because all participants in the business network maintain a ledger of all transactions that take place in the business. This process seems to be inefficient due to its cost. This process is expensive because of duplication of effort and intermediaries adding costs for their services.

One solution to this problem is blockchain, which provides a shared ledger technology that allows any participant in the network to see the one system of record, or ledger. By using blockchain technology, businesses can benefit from a more efficient transfer of goods and services.

The following videos in the next module describe business networks and transactions, the problems that blockchain can solve, what blockchain is and how it works, and key use cases.

Shared ledger

A Shared ledger is a type of database that is shared, replicated, and synchronized among the members of a network. There is no central administrator or centralised data storage. All participants within a network can have their own identical copy of the ledger. Any changes to the ledger are reflected in all copies.Every record in the Shared ledger has a timestamp and unique cryptographic signature, thus making the ledger an auditable history of all transactions in the network.

With all transactions being added to a single public ledger, it reduces the clutter and complications of multiple ledgers.

Smart Contract

Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.

Because the rules are so secure and easy to follow, even simple devices like phones or locks can be programmed to obey what everyone has agreed to. And the way of doing this is strong enough that attackers or malfunctioning computers can’t break the rules that have been set up. As long as it’s built right, not even the person who makes the app will have the power to break the rules they agreed to.

Privacy

Privacy is of utmost importance at the Blockchain group of companies. Blockchain, and its encryption features allow high degrees of security and privacy.

Privacy in blockchain can be explained in 3 terms.

Privacy: Appropriate confidentiality between subsets of participants are secured and User identity not linked to a transaction by way of transaction history on the Blockchain

Fungibility: Every coin is worth the same value and is thus mutually interchangeable. No coin risks potential blacklisting nor debasement due to deprecating transaction history.

Decentralization: All nodes have equal power and control; there are no nodes that have more influence than others, i.e. masternodes. The currency is not created, maintained nor represented by any one person or company, i.e. a central authority

Privacy on Blockchain is one of the major features that attracts users towards the technology.Despite its decentralized nature and the ability for anyone to view every transaction or data transfer on Blockchain, encrypted communication prevents third party interference with messages sent across the technology.

Trust

Trust is the key element of blockchain technology. When transactions are executed and settled on a distributed ledger, counterparties don’t need to have an established trust relationship. If each participant in the transaction trusts the blockchain itself then they don’t need to directly trust each other.

In Blockchain community, each member maintains his own copy of the information, and all members can validate any updates collectively. The information could represent transactions, contracts, assets, identities, or practically anything else that can be described in digital form.

Entries are permanent, transparent, and search-able, which makes it possible for community members to view transaction histories. Each update is a new “block” added to the end of the “chain.” A protocol manages how new edits or entries are initiated, validated, recorded and distributed.

Crucially, privacy can also be selectively enforced, allowing varying degrees of anonymity or protection of sensitive information beyond those who have explicitly been given access. With blockchain, cryptology replaces third-party intermediaries as the keeper of trust.

How do you make money from investing in stocks?

What is a stock exchange?

A stock market is where investors meet to buy and sell shares. Stocks allow you to own a share of a public corporation. The stock price is based on the corporation’s earnings.

A stock market is similar to a share market. The key difference is that a stock market helps you trade financial instruments like bonds, mutual funds, derivatives as well as shares of companies. A share market only allows trading of shares.

Role of a stock exchange

The main function of a stock exchange is to facilitate the transactions associated with both buying and selling of securities. Stock exchanges have multiple roles :

Raising capital for businesses

  • Profit sharing
  • Facilitating company growth
  • Creating investment opportunities for small investors
How to buy shares?

In order to buy shares, the first step is to open a trading account or Demat (dematerialized) account so that you will get Unique User Id and Password through which you can Buy/Sell Shares.These accounts are linked to the account holder’s bank savings accounts to ensure smooth transfer of funds.

Once you open an account you will tell your broker how many and what types of stocks you’d like to purchase. The broker executes the trade on the your behalf. In turn, he or she earns a commission, normally several cents per share. Online trading sites typically charge lower commission fees, because most of the trading is done electronically.

 

For Stock advice visit : http://www.moneycontrol.com/markets/stock-advice/

How does a stock exchange operate?

Open an account:   Open an trading and D- Mat account with them. To open an account You need to submit your documents like PAN , Adhar and bank statement. And get ready with both trading and D-mat account.

Select stock broker:  The first and foremost step is selecting the stock broker, as you cannot trade in stock market without broker. It is advisable to chose discount broker because their brokerage will be less.

With the help of stockbrokers, the buyers and sellers participating in a stock market carry out their transactions. The brokers representing selling parties take their orders to the stock exchange floor and then find brokers representing parties willing to invest in similar stocks. If both parties agree to trade at the fixed price, the transaction takes place.

Requirements to trade in a stock exchange :

Minimum age : 21 years
Education : At least HSC or equivalent qualification

Benefits and drawbacks of listing your company on a stock exchange

Benefits :

  1. Creates a market valuation for the business and enables the opportunity to raise capital for expansion.
  2. Provides access to an acquisition currency and transparency around the value of the business.
  3. Encourages employee commitment by rewarding them with something of clear value.
  4. Creates a heightened public profile and improves the ability to attract high calibre board members.
  5. Improves supplier, investor and customer confidence and improves your standing in the marketplace.

Drawbacks :

  1. Going public is an expensive, time-consuming process. Going public is the process of selling ownership of a part of your company to strangers
  2. Once your corporation goes public, management becomes more complicated. You can no longer make decisions autonomously.
  3. A public corporation, however, must make extensive quarterly and annual disclosures about business operations, financial condition and other internal matters.
  4. Taking your company public increases the potential liability of the company and its officers and directors for mismanagement.

 

 

Which stock to buy today? :  https://economictimes.indiatimes.com/markets/stocks/recos

Evolution of blockchain technology in bigger companies.

Economic experts projects the blockchain market could be valued at $400 million by 2019. For that reason, some of the biggest companies in banking industry and technology have entered into the space to evaluate how this technology could change the financial world.

IBM :

IBM and Linux, for instance, have brought together some of the brightest minds in the industry and technology to work on blockchain technology through the Hyperledger Project.

The Hyperledger Project is under the umbrella of the Linux Foundation and seeks to incorporate findings by blockchain projects such as Blockstream, Ripple, Digital Asset Holdings and others in order to make blockchain technology useful for the world’s biggest corporations. IBM has also contributed its own code to the project. Currently, IBM employees were working on crypto-security and distributed systems.

For more details on IBM-Blockchain visit : https://developer.ibm.com/blockchain/

Microsoft :

Microsoft Corporation started their blockchain journey in November 2015. Microsoft actively identifies existing technology gaps with blockchain and helps organizations build durable enterprise-grade applications.

In May, Azure introduced a new blockchain framework to reduce the time and cost associated with blockchain Proof of Concept (PoC) projects. Microsoft identified that a significant amount of time (8-12 weeks) and cost (as much as $300,000) was involved in developing a blockchain PoC, and this was resulting in huge missed opportunity, and thus Microsoft has been working to overcome such challenges.

In another step to bringing blockchain to the enterprise, Microsoft unveiled the Coco Framework in August 2017. Coco Framework reduces the complexities involved in the development techniques while offering high-transaction speed (more than 1600 transactions per second), distributed governance and confidentiality—much needed ingredients for successful commercial adoption of blockchain.

Microsoft and Mojix collaborated to enable blockchain-powered smart contracts to create swifter supply chains that can lower overall business costs, foster closer cooperation and enhance trust among retailers, suppliers, and logistic partners. This was followed by its alliance with Tierion for a service that generates, manages, and validates attestations.

Read more about Microsoft Azure here : https://azure.microsoft.com/en-in/solutions/blockchain/

Samsung :

Seoul plans to first apply blockchain in municipal duties that actively collect private information of citizens. Samsung SDS has announced a lucrative agreement with the Korean government to create a new Blockchain technology-based platform for welfare, public safety and transportation by 2022. The hope is to increase transparency for the government services.

In May, it joined global blockchain alliance EEA, whose members include Microsoft and Intel, to spread blockchain use globally.Last month it applied its blockchain solution to local shipping firms for trials.

Samsung is now pushing for its security solution offerings, such as Nexledger and its biometric solution Nexsign. Last month, it announced the integration of behavioral biometrics into Nexsign through a partnership with BioCatch.

Read more about Samsung SDS here :https://www.samsungsds.com/global/en/solutions/bns/blockchain/Blockchain.html