Business, Technology

CBDC (Central Bank Digital Currency): A Possible Revolution in Money

Image by WorldSpectrum from Pixabay  CBDC may eventually turn out to become a revolution in money in the post-COVID-19 world. Before the idea of a central bank digital money started gaining ground, the cryptos have been around as virtual or digital currencies. Taking into consideration that the global mobile payment market is presently estimated at US$816.50B and with the projections that it will reach over US$5.5T by 2025, the way we carry on transactions with money is set to undergo a mammoth revolution with the intended introduction of digital currencies by governments around the world. However, unlike the cryptos that encountered very stiff opposition from governments and some large corporate bodies, it seems the CBDC will enjoy their patronage. The main reason governments around the world were very equivocal in the opposition cryptos encountered is the fact that cryptocurrencies were not meant to be regulated.  The seriousness governments are attaching to CBDC is the reason why about 80% of the world’s central banks are exploring the possibility of adopting the digital currency. It’s on record, however, that China has gone very far on the project, having been working on it since 2014, when Xiaochuan Zhou, who was the Governor of the People’s Bank…

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Business

Four Easy Ways to Reduce The Risk of Your Investment Portfolio

Image by Nattanan Kanchanaprat from Pixabay The dimension with which we measure the risk of an investment asset and, by extension, of an investment portfolio (which is the set of financial assets in which you invest) is volatility. As we have seen on other occasions, volatility cannot collect all the risk, but a significant part, and it is also the standard measure that allows us to know how risky an asset is compared to the market average or other assets. A well-diversified investment in stocks usually has around 20% volatility and fixed income (mainly sovereign fixed income) around 5%. From there we can compare. Those of us who started investing before the last great crisis have the psychological anchor of this one, and the great drops (drawdowns) and their prolongation in time are always very present in our minds. It is what destroys personal psychology from a financial point of view and what makes you quit. The great crises mark generations and establish guidelines of good sense and caution that are absolutely necessary for the operation of a personal investment system that lasts a lifetime. This has the problem that we bias ourselves towards the risks that may occur and build investment portfolios…

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Business, Nature

Is CBD Oil Legal in 50 States of the USA? – 2020

Image by Julia Teichmann from Pixabay The controversy surrounding legal medical marijuana has effectively turned it into the most popular topic across the country. Continuous efforts are being advocated towards legalizing CBD in more states of the USA.  Virtually every American is curiously keeping up with the news about it and looking for the answers to questions such as: “Which state would be the next to fully legalize marijuana? Who will be the latest politician to introduce the bill for legalization? The U.S. is inundated with these politically debatable questions. The politics in the U.S. may be rightly said to have been centered on the legislation of marijuana as some states were won over based on this premise. This scenario could have played out in the 2016 election, which proved not to be the best of elections for many reasons but was probably the reason for the victory (legalization of recreational weed) in the four states of Maine, California, Nevada, and Massachusetts.  Before this time, Colorado and Washington had legalized it in 2012. And they were later, in 2014, joined by Alaska and Oregon to become a part of the group of legalized weed states. Vermont was to follow on their heels in…

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Business

Who Wins The War Between Satellite TV And Cable TV

Image by Esther Merbt from Pixabay Cable TV and satellite TV fundamentally work by allowing you to tune in to distinct channels within that signal. However, where the cable comes through a wired connection, the satellite, on the other hand, is wireless prior to the time it gets to your house.  Cable TV and satellite TV services differ to a great extent when it comes to the medium of the provision of services, installation process, reliability, availability, equipment, and bundle services. One of the major concerns as users when looking for reliable TV service is the pricing.  For most of the users, the budget is the prime preference. Everyone wants reliable services at cheaper rates.  It has, therefore, become a modern-day dilemma to choose the right technology to go for. Both have their positive and negative sides.  It’s imperative for you to know that there can also be some instances where neither of them might prove worthy. The Winner for cheaper services – cable TV or satellite TV? The cost of both cable TV and satellite TV may vary. It majorly depends on the provider you choose.  With the ever-increasing number of providers in the market and the wide range of packages and…

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Business

How to Boost Your Marketing Drive Amazingly With Soft Skills

Soft skills and hard skills should be deployed in the correct proportions by brands that amazingly want to boost their marketing drive, unfortunately, however, this is not the case with most organizations. They tend to tilt more towards hard skills and this is their Achilles heel.  Soft skill is a personal trait that boosts situational consciousness and intensifies an individual’s capability to get a job accomplished. We use the term soft skills to encompass all those attributes that denote people’s skills or emotional intelligence.  They are quite different from hard skills, which are used to describe an individual’s technical know-how to carry out a specifically-defined assignment, soft skills are widely germane across job titles and industries. It does not boil down to overemphasizing the fact that with your hard skill prowess you can quite often land interviews but you definitely need soft skills to scale through the interview and also perform your duties effectively.  The fact that soft skills have been found to be very essential to boosting marketing drive has made a lot of business executives and leaders are to place a priority on these attributes when hiring employees. They have been found to be highly essential for the…

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Business, Technology

Top 5 Reasons Why Your Business Should Use Live Streaming in 2020

Image by Stefan Coders from Pixabay The growth of live streaming is driven by the unparalleled level of interaction and engagement that it offers. This makes it a popular choice for niche areas like education, marketing, movies and much more. As per a popular survey, 82% of people prefer to watch a live stream over reading a post on social media because it brings viewers up-to-date, informative and accessible content. Live video broadcasting over the internet, has changed the way people and brands all over the globe communicate. Some of the factors that have contributed to online video streaming include internet penetration, developments in mobile technology, and the expanding influence of social media. If you are thinking “why live streaming?”, let us tell you some reasons to think “why not live stream?” 1. A live stream can help build trust towards your brand Customers usually relate trustworthiness with quality and great service. This is why being relatable is crucial for a content creator.  It is challenging for brands because they need to show their “human” side which means that the personality of a brand needs to be in tune with its customers. Corporates generally use streaming to a good effect as a brand-building…

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