DECENTRALISATION OF BUSINESSES
Here are the Altcoins to buy for 10X gains in 2024
Discover the top altcoins for potential growth in 2024, including 5thScape, DarkLume, Polygon, Ethereum, and Avalanche. Learn about their unique features and investment opportunities to enhance your portfolio.
Retik Finance (RETIK) makes waves in the crypto market
Retik Finance (RETIK) has emerged as a leading player in the cryptocurrency market and DeFi sector, offering innovative solutions. With a market capitalization close to $3 billion, RETIK has captured attention with its performance and ecosystem.
Small cities home to big dream jobs: Hiring scene in tier 2, 3 cities gets busy
Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
View: In today’s tech-driven landscape, we need new economic thinking on equity and sustainability
In a hyper-connected world, income inequality, debt burdens, and social disparities persist. Urgent innovative strategies are essential to address widening gaps and shift the focus to stakeholder value for human development, Sam Pitroda writes.
Quess Corp to split into three independent listed companies
This will result in the separate listed companies of Quess Corp, Digitide Solutions and Bluspring Enterprises. They will handle workforce management (Quess), business process management, Insurtech and HR outsourcing (Digitide) and facility management, industrial services, and investments (Bluspring).
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DeFi pioneer Retik Finance (RETIK) raises more than $21 million, closes presale stage 8 ahead of schedule
Retik Finance (RETIK) surpasses $21 million in presale token funding, driven by the success of its Retik Wallet and Retik Pay. The Retik Wallet offers a secure and user-friendly platform for storing, managing, and exchanging cryptocurrencies, with a built-in dApp browser. The Retik DeFi Debit Cards allow users to seamlessly spend their cryptocurrencies in the real world, blurring the boundaries between digital assets and fiat currencies. Retik Pay enables frictionless crypto payments for merchants, bridging the gap between mainstream commerce and digital assets. The success of Retik's presale is attributed to a well-executed pricing strategy and a strong emphasis on trust-building and community development.
Unlocking growth: Can Budget provide the path to a thriving crypto ecosystem in India?
Blockchain technology extends far beyond cryptocurrencies, encompassing smart contracts that automate and secure agreements, DeFi platforms that provide alternative financial services, and NFTs that revolutionise digital ownership.
Distributed leadership is all the rage in today's corporate world
In today's challenging business environment, a new style of leadership called "leading from the back" is gaining popularity. This approach emphasizes humility, distributed leadership, and aligning with employees rather than commanding from the front. Leaders are compared to shepherds, guiding their team from behind. This style is appreciated in a complex world where people seek purpose and autonomy.
Decentralised Identity: A safe protector for managing digital identity faces hurdles
The use of decentralised identity (DID) systems, such as blockchain-based solutions, can bring benefits such as individual control over personal credentials, enhanced data security, and lower online fraud. However, the widespread adoption of DID also faces challenges such as technical complexity, cyber risks, interoperability issues, and potential data exploitation.
ONGC revamp: New director to spearhead new energy, petrochemicals business
Oil and Natural Gas Corporation (ONGC) has created a new directorship for energy, petrochemicals and corporate strategy as part of a wider board reshuffle. The director for strategy and corporate affairs will be responsible for downstream petrochemicals, new energy and corporate marketing, among other tasks.
This Noida-based startup is powering efficiency of employees, companies with AI
CogniTensor is among the new-age tech companies that optimises enterprise data with quantifiable business solutions to increase overall efficiency of the company.
Q&A with Sam Altman: It’s open season, not closed doors, for businesses
It was an evening of scintillating conversations as the brightest of minds picked Sam Altman’s brain on all things AI and human. The chief executive of OpenAI called it a tremendously exciting time for businesses, dismissing the all-gloom-and-doom narrative.
Fintech startups push for decentralised KYC regime
Technology is available, but the enormous size of India’s banking ecosystem raises challenges
Meta explores decentralised social network app for text updates
The report said that Meta's new content app would support ActivityPub
Twitter’s best chance to become decentralised is with Elon Musk. But will he act on it?
Jack's thinking was clearly different and, perhaps, altruistic, like the early internet innovators. It contrasted sharply with the centrally controlled and often walled-garden platforms and ecosystems owned by Bay Area tech companies. We are nearing the end of 2022. However, not much has come out of Bluesky. Before we analyse the reason for the lack of progress, let us understand the difference between a platform, an ecosystem and a protocol.
How decentralised is the decentralised world of crypto
An arguably better approach for retail users affected would be for them to go back to the first principles of blockchain technology – to have custody of their own assets and have a trustless mechanism to verify assets, transactions and interactions on chain
Singapore's Whampoa Group to invest $100 mln via fund for digital assets
Whampoa Digital, the group's digital assets investment arm, will invest in and incubate early stage startups in Web3 - a utopian vision of the internet where users, rather than shareholders, own websites and other online services."We think there is great conviction in this space. The venture capital fund will help us to expand our footprint in this area," Shawn Chan, CEO of Whampoa Group, told Reuters in a recent interview.
DaoLens raises undisclosed sum in funding from CoinDCX cofounders, 35 others
Last month, it raised $5 million in funding led by Nexus Venture Partners, Balaji Srinivasan, and others.
RBI says non-banks can't load credit lines on prepaid instruments; investors spooked as DeFi bubble pops
On Monday evening the Reserve Bank of India issued a clarification on prepaid payment instruments (PPIs) such as wallets and prepaid cards, saying non-bank institutions cannot load credit lines onto them.
B2B startup DAOlens raises $5 million led by Nexus Venture Partners
Better Ventures and iSeed II also participated in the round along with angel investors including Balaji Srinivasan, Sandeep Nailwal, Raj Gokal, Gokul Rajaram and Kunal Shah.
Govt De-Fies crypto hoarders; India’s 100th startup unicorn
Taxman could impose an additional 20% tax on such transactions and income.
Bitcoin vs Ether: How Ethereum pushes crypto beyond currency
Bitcoin may be synonymous with crypto as it was designed as an independent virtual currency that could also be a hedge against inflation. To facilitate Bitcoin transactions, blockchain — distributed ledger technology — was developed by its anonymous creators in 2008.
What is Web3? The decentralised internet of the future
The term has been around for years, but it has come into vogue in the past year or so. Packy McCormick, an investor who helped popularize web3, has defined it as "the internet owned by the builders and users, orchestrated with tokens."
Why DeFi is the biggest thing in the history of finance
According to DeFi Pulse, the total value locked in DeFi protocols is over $78 billion — a growth of 10x since May 2020. This represents the current value of all deposits locked in the form of cryptocurrencies for lending, staking, liquidity pool and so on.
Elon Musk, Jack Dorsey take digs at Web3
Web3 refers to a decentralised online ecosystem based on blockchain technology. In the eyes of some it represents the next evolution of the currency centralised internet, in which a handful of companies act as gatekeepers.
Taking the face out of Facebook; What is DeFi?
Facebook has announced that it plans to shut down its facial recognition system and delete the “facial recognition templates” of more than a billion people by December.
Explained: How DeFi could one day liberate finance
Decentralised finance, or DeFi for short, is a system in which customers can access financial products directly on a decentralised blockchain network, without the need for middlemen such as banks and brokerages.
Post-pandemic decision-making is decentralised, and driven by data
With more people working remotely, there has been an indirect impact on decision-making behaviour, says the Accenture Business Futures 2021 report.
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