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Wednesday, September 29, 2021
Digital Trends For Businesses In 2021
Reforestation To Improve Green Cover Through 'Seedcopters' In Telangana
Chief Minister K. Chandrashekhar Rao approved a proposal for collaborative research on reforestation of ROFR (Recognition of Forest Rights) lands.
The government, through the forest department, will promote planting of trees by the individuals and communities in these lands as most of these lands are not having irrigation facilities and are poor in fertility and productivity.
"This is with a view to bring these lands under tree cover and as part of the Haritha Haram project to increase the tree cover in the state from 24 percent to 33 percent," said a statement from the chief minister's office.
An area spread over 40 hectares will be set apart at Mulugu forest in Medak district for the collaborative research between the forest and horticulture departments.
Forest rights over 3.41 lakh hectares of forest land were recognized in favour of about one lakh people and 744 communities in the state since 2008 under Scheduled Tribes and other Forest Dwellers (Recognition of Forest Rights) Act, 2006.
The forest department with collaboration from horticulture university take up experiments with different types of horticulture, silviculture and agriculture species so as to improve the economic status of the individuals and communities and also to maximize and harness the productivity of these lands.
The State has reported a recorded forest area of 26,904 sq km which is 24.00% of its geographical area. The Reserved, Protected and Unclassed Forests are 75.65%, 22.07% and 2.28% respectively, of recorded forest area.
Forests play a major role in supporting livelihood activities of rural poor and tribals, mitigating the threat of global warming besides, conserving the fertile soil and vulnerable Wildlife. For the year 2015-16, forestry and logging contribution is 0.4 percent to State GVA and 3.3 percent to agriculture & allied sector’s GVA.
Forest area in Telangana is 27,292 sq. km. accounting for 24.35 percent of total geographical area. Out of 27,292 sq.km, Reserved Forest area is 19,696.23 sq. km, Protected forest forms 6953.47 sq. km and the rest 642.30 sq. km is unclassified.
Forestry in Bangaru Telangana
Forests play a major role in supporting livelihood activities of rural poor and tribals, mitigating the threat of global warming besides, conserving the fertile soil and vulnerable Wildlife. For the year 2015-16, forestry and logging contribution is 0.4 percent to State GVA and 3.3 percent to agriculture & allied sector’s GVA.
Forest area in Telangana is 27,292 sq. km. accounting for 24.35 percent of total geographical area. Out of 27,292 sq.km, Reserved Forest area is 19,696.23 sq. km, Protected forest forms 6953.47 sq. km and the rest 642.30 sq. km is unclassified.
In terms of District wise forest cover, Adilabad has largest area under forest, followed by Khammam. However, in terms of percentage area under forest, Khammam stands first with 48.9 percent of total geographical area under forests, followed by Adilabad with 44.9 percent and Warangal with 28.88 percent.
National Forest Policy of India envisages a minimum of 33 percent of the total geographical area under forest/tree cover to maintain environmental stability and ecological balance; that are vital for sustenance of all life-forms including human, animal and plants.
The role of forests as carbon sinks endows them added recognition as an important environmental factor. However, except in two districts, area under forest cover is less than desired 33 percent.
Telanganaku Haritha Haram
Telanganaku Haritha Haram, a flagship programme of the Government, envisages to increase the present 24% tree cover to 33% of the total geographical area of the State. The thrust areas to achieve the above are two-fold; i) initiatives in notified forest area such as rejuvenating degraded forests, ensuring more effective protection of forests against smuggling, encroachment, fire, grazing etc., ii) major fillip is sought to be given to Social Forestry for achieving the second objective.
In the areas outside the notified forest, massive planting activities will be taken up in areas such as; road-side avenues, river and canal bank, barren hill, tank bunds and foreshore areas, institutional premises, religious places, housing colonies, community lands, municipalities, industrial parks, etc.
The Telanganaku Haritha Haram programme was launched on 3rd July, 2015. 230 Crore seedlings are proposed to be planted in the State during the next three years. Out of which, 130 crore seedlings are proposed to be planted outside the notified forest area (10 crore within HMDA limits, and the remaining 120 crore in rest of the State).
It is also proposed to plant, and rejuvenate the viable rootstock to achieve 100 crore plants inside the forest areas by way of intensive protection of the forests. The field functionaries of various line Departments have undertaken identification of sites for planting and prepared village Action Plans.
The Village Action Plans will be consolidated at Mandal level and finally at the District level to form District Action Plan. At State level, two committees; the State Level Coordination and Monitoring Committee, and the State Level Steering Committee will oversee the progress of the Telanganaku Haritha Haram programme.
Revenues from Forest
Forest products in the State include timber, bamboo, firewood and charcoal, beedi leaves and miscellaneous. The income accrued from forestry sector in the State is Rs.148.28 crore in 2013-14, Rs.82.08 crore in 2014- 15 and Rs.71.33 Crore in 2015-16 (upto November 2015).
Reforestation Through Seedcopters
The Telangana government in partnership with Marut Drones, a city-based startup, is set to launch a drone-based afforestation project named 'Hara Bahara', under which seed balls will be dropped in barren and empty forest lands to turn them lush green abode of trees.
Fifty lakh trees will be planted in about 12,000 hectares of land in forests across the state under this project.
State IT and Industries ministry unveiled 'Seedcopter Drone' by Marut Drones and launched poster campaign for 'Hara Bahara'. Seedcopter, an aerial seeding solution for rapid and scalable reforestation, will bring community, science and technology together for an inclusive, sustainable and long-lasting solution.
This project uses drones to disperse seed balls over thin, barren and empty forest lands to turn them into lush green abode of trees. The process begins with a field survey and mapping of the terrain area to understand the ecosystem and demarcate the areas needing urgent attention. #KhabarLive #hydnews
Tuesday, September 14, 2021
15 Latest Laptops Of 2021 — Which One Will Be The Best For You?
In this remote work culture, it's important to have a high-functioning laptop. It will be difficult to work with a device that crashes frequently. Buy a new one if the existing laptop is creating issues. Moreover, there are plenty of laptops that you can choose from. But, before buying a laptop, certain factors need to be considered. Make sure to check the device's storage capacity. It should have at least 8 GB of RAM. Or else, you might have to spend money on installing an additional HDD.
You might have checked the laptop's design and price. But, that's not enough! Every individual should check which processor the laptop has. Go for a device that has either Core i5 or i7. It will increase your multitasking speed efficiently. Check the screen size and the GPU of the device; that’s also important.
Make sure the laptop is easy to access and portable. Moreover, if you want a gaming laptop, look for the device’s refresh rate. You won’t be able to play intensive games if the laptop has a 30Hz refresh rate. And, whether you are a video editor or a gamer — there is a laptop for everyone. Here, we have compiled a list of laptops that will be worth buying in 2021:
LG Gram 17 — The Most Light-Weighted Laptop
Do you need a compact-sized laptop that weighs only 1.35 Kg? Opt for buying this LG laptop. It delivers power pack performance and is ultra-portable. Moreover, LG Gram’s 17-inch display is ideal for content streaming, editing and gaming. This laptop also has a comfortable keyboard and has Intel’s Core i7 processor.
LG Gram 17 has a Lithium battery that can last up to 19.5 hours. Additionally, the users get 16 GB of RAM in LG’s Gram 17. LG has also included a 512 GB solid-state drive in this device. LG launched this device in the global market on December 11, 2019. Many users have experienced sluggish performance in this laptop within a year. Contact a laptop repair service expert if you experience any problem with the LG Gram 17.
Dell XPS 13 — A Best Budget Convertible Laptop
Dell has elevated the user’s expectations by launching high-quality laptops every year. And, recently Dell announced that in October 2021, its XPS 13 is going to be rolled out. This Dell laptop will have Intel’s 11th Gen Tiger Lake processors. Additionally, it has 8 GB of RAM and a flexible port selection. Dell’s XPS 13 2-in1 laptop has a Thunderbolt 4 and microSD slot. You can also get Intel Xe integrated graphics in this latest Dell product.
Do you want to know what the other standout features of the Dell XPS 13 are? It has 12 hours and 15 minutes of battery longevity and a huge display. So, don’t wait! Go to the nearby Dell store and buy this laptop now.
Asus Rog Zephyrus G15 — Awarded as the Best Windows Laptop
If you need a Windows 10 laptop at a reasonable price, go with Asus Rog Zephyrus. Moreover, you can also play AAA titles games like Minecraft Dungeons and COD Warzone here. Asus’s Rog Zephrus contains a QHD display which is best suited for multitaskers. You can work on multiple tabs simultaneously on this Asus laptop. Additionally, Asus has included an AMD Ryzen processor in this device. Its super-responsive touchpad and keyboard are what the users liked the most.
HP Elite DragonFly — Ideal for Every Professional
HP released the Elite Dragonfly laptop on January 11, 2021. Within 6-7 months, this HP laptop gained popularity owing to its notable features. HP Elite Dragonfly has a 13.3-inch display, and it has been rated as the best 2-in-1 laptop. It has a wide range of ports, including Thunderbolt 3. And, HP Elite Dragonfly features Intel’s 8th-Gen Core i3 processor.
HP has included a Sure View privacy screen technology in this laptop. There is also a built-in Tile Tracker in Elite Dragonfly. With this feature, you can locate the device, even if it's turned off. And, if you need a laptop that can last up to 12 hours, this HP laptop is ideal for you.
Razer Book 13 — A Portable Business Laptop
Razer Book 13 was launched on November 5, 2020, in the global market. Since then, millions of entrepreneurs have bought this light-weighted workstation. Moreover, this Razer laptop has an RGB keyboard and Intel’s Core i7 processor. You get 16 GB of RAM and a 256 GB PCIe solid-state drive.
Do you need more storage space? Consider installing 64 GB of RAM to expand Razer Book 13’s storage capacity. Though Razer didn't design this laptop for gaming, it contains incredible integrated graphics.
With this, the users can play the best FPS games like Soldier of Fortune and F.E.A.R. So, what are you waiting for? Buy this sleek-designed laptop and bring ease in performing the business works.
MacBook Pro — One of the Best Apple Laptop
Do you need a laptop that has a 16-inch display and Intel’s latest processors? Go with MacBook Pro. Starting from professional gamers to content creators, everyone can use this laptop. Moreover, Apple has included an M1 chip in the Mac laptop to improve the user’s experience.
The M1 chip is considered to be one of the fastest processing chips. You can perform multiple tasks in MacBook Pro without getting system crash issues. By offering high-quality audio speakers, MacBook Pro has stood out from the competition.
Acer Swift 3 — Acer’s Best Creation
Acer Swift 3 offers incredible features at a jaw-dropping price. In this laptop, you get an AMD Ryzen 7 4700 U processor and 11 hours of battery longevity. Additionally, Acer has added Radeon Graphics which is ideal for streaming and gaming. Content writers can increase the typing speed with Swift 3’s super-swift keyboard. And, Swift 3’s design and large screen size have received massive appreciation from the users.
Asus Zenbook 13 — A Compact-Sized Laptop
ZenBook 13 is Asus’s first-ever laptop that has Number Pad 2.0. Moreover, this Asus laptop features a 13-inch OLED display. ZenBook 13 also has an Intel Core i7 processor and Intel’s Iris Xe Graphics. Additionally, you get 16 GB of RAM and 512 GB solid-state drive. Despite its large size, the Zenbook 13 is extremely lightweight. So, buy this laptop, if you often have to travel for business purposes.
HP Envy 13 — The Best 13-inch Laptop
HP Envy’s sturdy and stylish design is worth praising. And, this HP laptop is armed with Intel’s 11th-Gen processors. It offers outstanding performance to the users. You can use this device for more than 11 hours on a single charge.
HP Envy also comes with a solid port selection. Along with two USB A ports, you also get a Thunderbolt 4 port. If you are looking for an HP laptop with an Intel Core i5 processor, opt for this one.
Samsung Galaxy Book Flex — A High-Rated 2-in-1 Laptop
Samsung's Galaxy Book comes with a blue aluminium frame and premium chassis. Along with this, this Samsung laptop comes with a QLED screen and 10th-Gen Intel Core i7 processor. Use Galaxy Book flex’s “Tablet Mode” to convert this laptop into a tablet. Samsung has included an S Pen with which you can use to take down notes easily. Starting from graphic designers to college students, everyone can use this laptop.
Alienware m17 R4 — An Incredible Gaming Laptop
Alienware m17 R4 will be a valuable addition to your gaming setup. It has an RTX 3080 GPU and Intel 10th Gen Core i9 processor. Additionally, Alienware has added 16 GB of RAM, which can help you to store numerous game files. Alienware m17 R4 also comes with a 360 Hz refresh rate monitor. Enhance the chance of winning in a multiplayer game by buying this affordable laptop.
Acer Chromebook Spin 713 — An Easy-to-Access Chromebook
Acer Chromebook Spin 713 contains an Intel Core i5 processor. And, with this powerful processor, you can run multiple apps simultaneously. It also has 8 GB of RAM and 256 GB SSD. From Chromebook Spin 713’s 13.-inch vivid display, the users can do more than video editing.
Moreover, this Asus laptop can last more than 10 hours and can handle daily workloads. But, the Acer Chromebook Spin 713 doesn't have high-quality speakers. So, if you mostly use a laptop for streaming online movies, go for another option.
Lenovo ThinkPad X1 Yoga — Ideal for the Remote Workers
Do you need a portable laptop to serve business purposes? Look no further; buy the Lenovo ThinkPad X1 Yoga now. It has Intel’s Core i7 processor and 16 GB of RAM. Additionally, you get a 512 SSD and integrated Iris Xe graphics. ThinkPad X1 Yoga is one of the most purchased Lenovo laptops of 2021.
It comes with a wide range of epic features including IR cameras. There is even a super-responsive fingerprint sensor and webcam protection in this laptop. And, you can work for straight 15 hours in Lenovo ThinkPad X1 Yoga.
LG Ultra Gear 17 — Latest Addition in LG’s Ultra Series
When it comes to performance and accessibility, LG’s Ultra Gear model is unbeatable. It comes with a 17-inch display and Intel Core i5 processor. Additionally, you get 8 GB of RAM and Nvidia graphics on this device. LG Ultra Gear 17 also has a web camera and 2 audio speakers. There are also 4 different USB ports in this LG laptop. Do you need a laptop which will have both a headphone and a microphone jack port? Then, this LG's latest Gear Ultra model will be the right choice.
Huawei MateBook 14 — Get All in One Laptop
Huawei MateBook 14 has AMD Ryzen 4000 processor and delivers powerful performance. Additionally, Huawei has included a 2K Full-screen technology in MateBook 14. You can share the device's screen with the "Huawei Share" feature. It comes with a Shark Fin cooling fan which has ultra-thin blades.
With this, the users can prevent the device from overheating. MateBook 14 features Intel’s 11th Gen Core i7 processor and is ideal for multitasking. So, spend a few bucks and get this top-rated laptop now.
What are the Other Business Laptops that will be Worth Buying in 2021?
You can buy Lenovo Yoga 9i,, and it’sideal for both students and creative professionals. And, if you need an ultraportable laptop, Dell Inspiron 16 can be the go-to device. Go with Lenovo IdeaPad if you need a Windows laptop at an affordable price. So, take time, check the laptop features and get the right one for you. #KhabarLive #hydnews
Also Recommended: How To Remove Virus From Laptop Without Antivirus In Windows?
The Best 5 Ways To Build Your Brand Online
This means that some of the businesses that were reliant on these platforms are not able to grow. In this article, we are sharing five alternative ways to build and grow your business online.
We will start by understanding the importance of building your brand and how it can help you grow your business for the long term. The following tactics will guarantee success for your business, but at the same time, it needs lot of focus commitment.
A case for building a brand – why?
Most of the small businesses and start-ups rely on short-term marketing efforts. Unfortunately, in this digital dominant marketing world, we become obsessed with ROI, metrics and measurable goals.
As a savvy digital marketers, we think of marketing as more of the bottom of the funnel optimization. If we spend X, how much Y do we get? How many leads, how many closures, how many sales? All measured and accounted. The best part is that digital advertising platforms such as Google Ads, Facebook Ads makes it simple.
There is nothing wrong with it but, this leaves you at the mercy of advertising platforms such as Google, Facebook etc. Once the bidding war starts between many advertisers for the same audience, all the advertisers pay higher and higher prices. The only winner that remains is the platform itself. It can shoot your per customer acquisition costs through the roof.
And then you think – may we could have made an effort to build our brand earlier.
Let’s step aside for a while and observe.
We see some of the largest brands like Freshworks or any of those big companies; they spend a massive amount of time and energy just building the brand, right? So they’re not talking about selling you a CRM or asking you to join a demo; they’re just investing in brand awareness.
Why brand? Though it takes longer to build brand awareness and affinity, it acts as an accelerant through the rest of the marketing and sales processes. Prospects go directly to Google and search for your brand name and enter your sales funnel. And indeed, these prospects have very high conversion rates, lowering your per customer marketing cost.
And don’t get intimidated; it doesn’t require a massive advertising budget but only consistent effort and planning.
Let’s go right in with first technique.
FIRST: Build Trust by Offering Valuable and Insightful Content
Music is content. A piece of good music is valuable content. A blog article is content. An insightful blog article is brandable content. A social media post is content. Shareable social media is valuable content. You get the idea. In the content world, quality wins over quantity.
Valuable content builds brand affinity. It builds trust and makes people choose you over competitors. Leading with valuable and educational content can create an everlasting marketing machine.
Nowadays, creating videos, building a Youtube channel, and building a podcast has never been easier.
It always helps to think about what value a user can extract from your content. Be it insight, save money, or even laugh. Your high quality content should add value to your audience. This is the mantra.
Don’t worry that the sales cycle is long. Play the long game. Provide value to your audiences, and they will reward you.
SECOND: Get Brand Collaboration to Reach Your Target Audience
Let’s be practical; creating a decent amount of good content takes a lot of effort and time. Further, it will take months before you can build your audience.
Here is what you can do. First, identify influencers, bloggers and marketers who already have your target audience and collaborate with them. It will give you a head start.
You can call this whatever you want, kind of influence or marketing or affinity marketing or partnerships or anything like that. But my idea behind it is to take the same approach. Partner with somebody else either in your industry or serves the same industry or has the attention of your industry. You can do anything to piggyback on someone else’s audience, essentially.
Also, look for synergies and complimentary. For example, if you sell mobile accessories, you can partner with tech and mobile bloggers and Youtubers. There are many synergies here, they are not competitors, but they can provide value. We can bring an audience to them that they wouldn’t have been able to reach before, and they can get an audience to us that we wouldn’t have been able to reach before.
It works when both the partners benefit equally. So I think it has to be that way that there’s an equal benefit or very close to similar use for both parties.
THIRD: Build Organic Social Channel With Deep Content Strategy
It is no surprise that organic social is usually underutilized.
In digital marketing, paid social channels can be so effective that businesses often lack the patients to invest in organic social. Instead, they can run a Facebook ad or Linkedin ads to increase reach, drive traffic, generate leads or sales quickly.
But building brand awareness and brand affinity need a different strategy. Owning and building followers on organic social channels is highly rewarding in the long run.
Writing a blog post for SEO purposes and then sharing that blog post on organic social doesn’t work. To build your brand, you will need to attract your audience with the right content concepts.
Additionally, if your competitors are not big on organic social, it is a huge opportunity. Double down on organic social and see your cost of customer acquisition goes down. Promising content compounds and creates an everlasting competitive advantage.
FOURTH: Build A Community
The idea here is to build brand affinity by building a community. A community is something interactive and engaging – consistently. That’s what I mean by community.
To build a community, have a discussion. For example, do a webinar rather than doing pre-recorded videos. Then, your customers or prospects can join the conversation, contribute questions, and you can answer and discuss.
Most software companies host user events or annual conferences. Something that builds discussion builds a community, even if that’s only once a year — a big way to build brand affinity.
Suppose you are a manufacturing company or a technology company. In that case, there are many ways you can start a discussion because there are people in your industry who want to grow and discuss ideas.
The marketing team has to start somewhere to promote an idea. So, for example, show what you’re doing with your equipment or our product. Where do you integrate? How does this work? How does it save you? And people will show you different use cases of leveraging your product than you ever thought was possible. Because people always find new solutions. So having that sort of thing not only helps you identify your customers better but also propels your brand forward.
If leveraged correctly, your customer is your best salesperson, but how can they sell on your behalf if those people don’t have a microphone? Right? So it’s always been that case studies referrals, testimonials, That’s what people want at some point of that buyer’s journey. They want to see that they want someone to instill confidence in them. So a conversation led by your customers talking about how happy they are with your product or service or how they’ve leveraged your technology to impact their business can make a huge difference.
FIFTH: Events and Webinars
The fifth idea is events.
Suppose you are hosting events, whether they’re small or big, intimate conversations that helped build that community. Seek collaboration with industry experts and speakers that inherently brings some brand awareness and credibility to the brand.
And then you mix in the rest of these components that we’re talking about, of adding value by creating a sense of community that is going to be something that takes you to the next level. So it’s an engagement that matters.
Create a positive experience. And it’s something that, frankly, you know, as marketers, you might not be able to measure, but you certainly can see the impact over time.
Well, this is a marathon, not a sprint.
There are tons of other things you can do. These are just five ideas that I came up with, but I’ve seen work.
All the best. #KhabarLive #hydnews
Saturday, September 11, 2021
Telecom Department flags unauthorized sale of Mobile Signal Boosters in India by e-commerce firms, writes to Customs Department
The Department of Telecom (DoT) wrote to the Customs department flagging unauthorized sales of Mobile Signal Boosters by e-commerce firms and sought strict implementation of import rules to curb such practices.
Mobile Signal Boosters are considered the major reason for call drops and India had already banned them. But through e-Commerce, many types of Mobile Signal Boosters, specially imported from China, have found their way into India, for the past so many years.
The telecom department in a letter to the Chief Commissioner of Customs and Central Board of Indirect Taxes and Customs (CBIC) chairman said that it has come to its notice and has also been reported by the Intelligence Bureau about certain models of walkie-talkie sets available for sale on some e-commerce platforms without any compliance to the regulatory requirement of the department. The mobile signal booster and walkie-talkie sets fall under the category of transmission apparatus incorporating reception apparatus which are not permitted to be imported without a license.
The wireless technology monitoring group of the DoT brought down 140 illegal mobile signal boosters during a week-long raid in the state capital.
“While the department is continuing to take appropriate action in this regard in cases of violation, but to restrict the inflow of such unauthorized wireless equipment including mobile signal booster/ repeater in the country, it is requested to strictly enforce the provisions enshrined in the import policy of DGFT in this regard,” the letter said.
Recently, the wireless technology monitoring group of the DoT brought down 140 illegal mobile signal boosters during a week-long raid in the state capital. The raids were conducted in several parts of Hyderabad, including Jubilee Hills, Madhapur, Banjara Hills, Khairatabad, Rajendernagar, Kukatpally, Begumpet and Basheerbagh areas. Last year, DoT officials seized and removed around 400 illegal mobile signal boosters, resulting in call drops.
The unauthorized mobile signal repeaters and walkie-talkies can help anti-social elements set up illegal communication infrastructure. Most people also use this equipment to boost mobile signals in their premises which adversely impacts telecom networks in surrounding areas resulting in call drops, poor call quality, etc. Most of this equipment are illegally imported from China, Taiwan, South Korea, Singapore, and Malaysia.
“Further, notice has also been served to various e-commerce platforms to refrain themselves from selling/ facilitating the selling of unauthorized wireless equipment including signal repeaters/ boosters. Few of such e-commerce platforms have complied with the instructions.
However, such unauthorized wireless equipment including mobile signal repeaters/ boosters are still available for sale on some of the e-commerce platforms and in the grey market,” the letter said. #KhabarLive #hydnews
Monday, September 06, 2021
#Sponsored: Why Should You Choose The Best Surgery For Your Eye Operation?
Nowadays, every laser eye surgery operation involves the procedure to ablate the corneal tissues. This is either done through removing the epithelium, like in PRK treatment, or flapping the cornea, like in LASIK operation. However, more advanced treatment solutions like SMILE have enhanced the laser technology with bladeless and flapless surgery methods.
There are several reasons why you must choose the best surgery for your operation, and some of them are discussed below. So check them out.
1. More Advanced Laser Technology
Best surgery for eyes like LASIK eye operation or SMILE surgery uses the most advanced laser vision correction technology for the optimal safety, comfort, and success of the surgery. This advanced technology helps to ensure quick recovery after the surgery too.
2. Quick Surgery Procedure
The best surgery for eye operation with LASIK eye operation or SMILE treatment will help you avail of the one-step one-laser procedure for quick and efficient results. This procedure takes a few minutes to get done successfully by the best surgeon. The procedure to reshape the cornea with a laser takes 30 seconds for completion only. Within half an hour, you will enjoy the completion of a quick surgical procedure.
3. Safer Than Other Methods
The best surgery for your eyes will help you avail yourself of the safer mode than other methods. It can be troublesome to wear glasses or contact lenses for a long time as your eye condition worsens every day. So, getting surgery procedures like the LASIK eye operation or SMILE is far better as they reshape the cornea within minutes for a lifetime benefit.
4. Bladeless And Flapless Treatment
You must avail of the best surgery as they are primarily bladeless and flapless treatment procedures. You won’t have to fear the consequences of the after results from the surgery. There will be very low or no risk involved with the right surgery procedure by the best surgeon.
5. Minimally Invasive Surgery
The latest and best surgery methods like the SMILE treatment or LASIK eye operation are always less invasive than other methods. This is because the procedure ensures minimal flap or no flap for the corneal stability of your eyes. This helps you enjoy long-term eye strengthening.
Additional Reasons To Choose Best Surgery For Eye Operations
The best surgery like SMILE will leave your cornea untouched to preserve its biochemical strength, which other methods will not.
The lesser use of laser energy ensures reduced inflammation through the best eye surgery option.
If you choose the SMILE operation procedure, you will enjoy meagre chances of dry eyes as there is no creation of a flap around the cornea.
Bottom Line
So get the best use of this article and choose the best surgery method for your eye operation to ensure optimal efficiency in results. #KhabarLive #hydnews
Sunday, September 05, 2021
How 'Female Egg Donors' Dupe IVF Clinics In 'Fertility Fraud' To Make Some Big And Quick Bucks?
With infertility rising among couples in India, fertility clinics have become a booming business. Reports say that out of 10 lakh annual In-Vitro Fertilisation (IVF) cases in the world, 2.5 lakh, which is 25 per cent of the global share, take place only in India.
In the absence of any regulatory authority, thousands of fertility clinics have mushroomed in the country over a period of time. There is no monitoring mechanism in place on their quality of services and treatment which makes stakeholders, especially couples, vulnerable to various types of fraud.
One such fraud is committed by female egg donors where they hide their personal details, religion, and donation status to cheat fertility clinics.
IVF is a medical procedure in which a female egg and a male sperm are fertilised in a petri dish or outside the female body. After fertilization, it is placed in the female’s womb to grow as a fetus as in the case of a normal pregnancy.
Couples, where one of the two are infertile due to various reasons, opt for IVF clinics that arrange either female eggs or male sperm depending on the need in the case.
“If in a couple, the female partner is not able to produce enough or healthy quality eggs, we need female egg donors and if the male is unable to produce good quality sperm, we look for male donors,” Dr Suparna Banerjee, Clinical Director of Ankur Fertility Clinic, Kolkata and Institute of Reproductive Solution, Uttarpara.
“There is always a high demand for female egg donors, especially, in tier II and tier III cities. This is because while a male can give millions of sperms with natural stimulation, females are administered hormonal injections for 10 to 12 days so that they can produce some 10 to 20 eggs,” Dr Banerjee said.
Fertility experts say that a female’s egg quality deteriorates with each donation and good clinics don’t entertain a female donor more than three to four times.
“Though so far as I know, in many developed countries one female donor can donate eggs six times,” Dr Banerjee said.
Also, only healthy young females below the age of 30 years are considered good candidates for egg donation. These issues are governed by guidelines issued by the Indian Council of Medical Research as there is no law that regulates IVF procedures in India.
All these factors restrict female donors from egg donation and force them to resort to deceiving tactics. Fertility clinics say that female donors hide their age, religion, times they have donated eggs in the past, and their health status.
“While performing health check-ups we catch them red-handed. Like ultrasound can give us an idea of the history of their egg donations in the past but sometimes they can manage to get away with it,” Dr Saurav Prakash Maity, Gynaecologist and Fertility expert, Rashmika Fertility, Kolkata, said.
Dr Maity added, “We can catch them only when we retrieve poor quality eggs from them.
These experts say that there is no centralised data of donors in India and each clinic maintains its own records. So clinics cannot crosscheck and donors exploit the situation.
“They even manipulate their age and name by getting fake government IDs like Aadhar Card or Driving license issued. Just recently I caught a lady who came with a different Aadhar card with a different name,” a fertility clinic owner in Delhi said requesting anonymity.
Dr P Agarwal, MD, Sanjivani Test Tube Baby Centre, Sambalpur, Odisha said, “In places like Odisha where infertility among couples is a big issue, we always face a shortage of female donors and we have to depend on states like Chhattisgarh, West Bengal and Mumbai.”
Fertility experts say that a female donor earns between Rs 20,000 to Rs 40,000 for each donation and normally those who are in need of money come forward for that.
Experts have differences of opinion on the question of payment as many feel that they are well-compensated while some call it exploitation by the hands of fertility clinics which force women to go for multiple donations and commit fraud. Some experts also say that since there is no regulator, IVF clinics also try and exploit these helpless women by sometimes paying them as minimum as possible.
The government is in the process of bringing legislation and the current Assisted Reproductive Technology (ART) Bill is being deliberated upon among stakeholders. Interestingly, the bill says that a woman cannot donate eggs more than once in her lifetime.
Fertility experts say that this will not only create a huge shortage of donors but increase many types of frauds as well.
“Unless the government maintains a national database of all the donors and gives its access to all the IVF clinics, it is impossible to ensure one donation per female donor in India. It will increase a huge shortage of donors and couples have to pay more also,” the Delhi-based fertility clinics quoted above said. #KhabarLive #hydnews
Friday, September 03, 2021
Teachers Are 'Real Architect' Of Children’s Future
There is another important thing a teacher ought to take care of. She must realise that there are limits to teaching and sermonising; and she is not supposed to fill the mind of the learner with a heavy baggage of bookish knowledge.
Instead, her primary task is to help the learner to sharpen the power of observation, the ability to think and reflect, the aesthetic sensibility, and above all, the spiritual urge to experience the glimpses of the Infinite. In other words, once these faculties are developed, one becomes a life-long learner — beyond degrees and diplomas.
In fact, teaching as an act of communion, and studentship as a project of the integral development of the physical, vital, intellectual and psychic states of being, can create the ground for emancipatory education. And emancipatory education is not a mere act of “skill learning”; nor is it pure intellectualism with academic specialisation.
Indian culture had always treated them as most important pillars. Even Lord Krishna, Rama or any kings during medieval period who ruled the country had taken lessons under a Guru and this speaks a lot about the importance of a teacher.
The teachers have a very difficult task and play the role of torchbearers, work with dedication even in adverse conditions to make the young generation prosper in all respects. It is time for the political executive and the teachers to have a serious introspection about the role of teachers then and now and see what kind of reforms needed to be brought in the system to ensure that the core values of education and the healthy relationship between the teachers and the taught is restored.
As a matter of fact, emancipatory education is the willingness to live meaningfully, creatively and gracefully. It is the ability to identify and debunk diverse ideologies and practices of domination and seduction — say, the cult of narcissistic personalities that reduces democracy to a ritualistic act of “electing” one’s masters, the doctrine of militaristic nationalism that manufactures the mass psychology of fear and hatred, or the neoliberal idea that to be “smart” is to be a hyper-competitive consumer driven by the promises of instant gratification through the ceaseless consumption of all sorts of material and symbolic goods.
And a teacher ought to be seen as the carrier of this sort of emancipatory education that inspires the young learner to question sexism, racism, casteism, ecologically destructive developmentalism, hollow consumerism, and the life-killing practice of “productivity” that transforms potentially creative beings into mere “resources”, or spiritually impoverished and alienated robotic performers.
Yet, the irony is that we do not desire to create an environment that promotes emancipatory education, and nurtures the true spirit of the vocation of teaching. Look at the state of an average school in the country.
With rote learning, poor teacher-taught ratio, pathetic infrastructure, chaotic classrooms and demotivated teachers, it is not possible to expect even the slightest trace of intellectually stimulating and ethically churning education. It is sad that ours is a society that refuses to acknowledge the worth of good schoolteachers.
Moreover, because of nepotism, corruption and trivialisation of BEd degrees, there is massive devaluation of the vocation.
Likewise, while the triumphant political class has caused severe damage to some of our leading public universities, and fancy institutes of technology and management see education primarily as a training for supplying the workforce for the techno-corporate empire, teachers are becoming mere “service providers” or docile conformists. Here is a society hypnotised by the power of bureaucracy, the assertion of techno-managers and the glitz of celebrities. Not surprisingly then, it fails to realise that a society that has lost its teachers is dead.
However, those who love the vocation of teaching and continue to see its immense possibilities should not give up.
After all, ours is also a society that saw the likes of Gijubhai Badheka, Rabindranath Tagore and Jiddu Krishnamurti who inspired us, and made us believe that a teacher, far from being a cog in the bureaucratic machine, carries the lamp of truth, and walks with her students as wanderers and seekers to make sense of the world they live in, and free it from what belittles man. We must celebrate this pedagogy of hope.
Teachers Day should not end with some celebrations. Dr Sarvepalli Radhakrishnan saw education as the most important tool to metamorphose our society into an inclusive one. The question now is whether our present education system is inclusive. Are teachers playing the role of Shilpis (sculptors) and making children strong enough mentally to face any situation in life?
The role of a teacher is multifarious one. "Teaching is an ongoing process, which like mercury never settles at a particular place but keeps flowing with everlasting grandeur." They should be sharp, enlightened, updated, innovative, perseverant and ever ready to learn new things and unlearn old ones so that they produce the best of human resources, who are not only employable but should have enough resilience to absorb highs and lows of life. Does such a situation prevail in our country?
Under Gurukul system, the Gurus (teachers) used to lay emphasis on practical education, developing observation skills of a student and above all there used to be a system of questioning, discussion and debate. A week student was always attached to a bright student so that the bright student would help the weak student.
But now it is other way round. The weak students are segregated from so-called cream and made to sit in a separate section which leads to negative impact on them as they are stamped as weak students. All this is part of commercialisation of education.
The system of listening to what teacher says, copy what is written on black board, learn by rote the so-called important questions is resulting in a situation where students are committing suicide if one gets 85 per cent marks instead of 90 per cent.
There are also cases where students are committing suicide, thinking that they may not get good marks. The political executive of the country and the teachers should ponder over such issues and bring major reforms to restore the values of education and importance of teacher that was seen in the olden times. The governments too should free the teachers from doing other works like door-to-door enumeration work or drafting them for election related work. #KhabarLive #hydnews
Thursday, September 02, 2021
#Sponsored: Embracing E-pharmacy - The ‘New Normal’ In Healthcare Industry
However, the space of healthcare is experiencing a recent innovation called e-pharmacy. It simply refers to internet-based vendors that sell medicines. Fortune Business Insights™ states in a report that the e-pharmacy market is expected to reach USD 177,794.9 million by 2026. Such platforms are gaining more popularity on account of the increasing geriatric population worldwide. Besides, the rising adoption of internet and smartphones in the developed and developing nations would also bolster their demand.
How is E-pharmacy Proving Beneficial for Consumers?
Data Recordings: Each and every medicine purchased can be tracked, thereby reducing the issues of self-medication and drug abuse.
Convenience: You can easily order the required medicines right from your computer or mobile phone. This will prevent patients from visiting a pharmacy.
Authenticity: Counterfeit medicines can be traced back to their suppliers, manufacturers, or channels with full tracking systems. It will enable the platforms to become more transparent.
Education: E-pharmacies possess an innovative technology infrastructure for providing crucial information to consumers, such as cheaper substitutes, medicine reminders, side effects, and drug interactions. This will surge awareness amongst patients about certain medicines.
Accessibility: Many times, you may not find the medicine that you’re looking for at local pharmacies as they only keep limited inventories. This would further make you visit a few more stores until you find that particular medicine. But, e-pharmacy platforms can aggregate supply. Hence, you can purchase the otherwise hard to find medicines easily.
Sustainability: This model would help the existing pharmacies to commence online operations and provide better service to consumers. At the same time, it would increase margins, eliminate wastage from the system, and lower working capital requirements.
COVID-19 Pandemic: Indian E-pharmacy Platforms Exhibit Surging Sales
Several e-pharmacy stores based in India, namely, PharmEasy, 1mg, and Netmeds that have been facing numerous regulatory issues for the past three years, are presently showcasing an astonishing surge in sales because of the outbreak of the COVID-19 pandemic. As the government implemented lockdown measures across the country, many consumers are rapidly inclining towards these e-pharmacy platforms owing to the fear of getting infected by coronavirus. However, multiple brick-and-mortar pharmacies are continuing to operate across India.
The founder of PharmEasy, Dharmil Sheth mentioned that the demand for medicines category has currently gone up to almost 100%. Pradeep Dadha, the founder of Netmeds declared that the company worked closely with its suppliers for stocks right after realizing the severity of COVID-19. It started utilized artificial intelligence (AI) to prevent hoarding by customers. All its delivery centers are following strict sanitization and cleaning measures to ensure safety.
Truepill Raises $25 Million to Broaden its Pharmacy Distribution Centers
In July 2020, Truepill, an online pharmacy based in California, announced that it raised approximately USD 25 million from Sound Ventures, Initialized Capital, Optum Ventures, and TI Platform Fund. The company will use this new fund to develop its existing infrastructure. At present, it possesses 6 pharmacy distribution centers that have a capacity of around 100,000 prescriptions per day. It would soon be able to add a fully automated, larger distribution center, probably in Arizona or the Midwest. The company’s president, Sid Viswanathan indicated that the COVID-19 pandemic has suddenly spiked the demand for medicines. Hence, patients are no longer visiting brick-and-mortar pharmacies. With this new development, the company’s total funding stands at USD 39 million.
CVS Pharmacy Launches Spoken Rx Prescription App for Visually Impaired
In July 2020, CVS Pharmacy, an American retail corporation headquartered in the U.S., announced the launch of its new app, Spoken Rx. It will be able to read medicine labels for people who cannot read typical print labels or those who have visual impairments. This new feature will provide patients the prescription information whenever and wherever they need it. By the end of 2020, the company will put up radio frequency identification (RFID) labels on every prescription bottle at almost 1,500 locations.
E-pharmacy of the Future
E-pharmacy platforms must explore other hidden requirements rather than just offering price discounts. The need may be to ensure the patients are never out of dose for their daily medication or to purchase medicines for loved ones from distant areas. Besides, they can provide other value-added services, such as counselling and personalized diagnostics. E-pharmacy is here to stay side-by-side with retail chemists. #KhabarLive #hydnews
Saturday, August 28, 2021
#Sponsored: Why 'TheHinduZone' Is The Right Choice For Preparing Competitive Exams?
Preparing for competitive exams can be a stressful experience and the right guidance can make all the difference. As online education expands its reach, especially in recent times, students can now access information on coaching classes and career guidance (https://thehinduzone.com/) from the safety and convenience of their homes.
This is where Thehinduzone steps in to guide students from the start to the end of the examination process, with live interactive sessions, dedicated mentors, appropriate study materials, and video lectures. The website helps students in getting information about the best coaching available for all competitive exams, such as UPSC, NEET, IAS, CLAT, etc. Mentors will also assist them in evaluating exam series and managing their schedules for each subject.
With so many coaching options available online, it can be a complex and time-consuming process to decide on the best institute. Thehinduzone.com takes a personalised approach, since students come with individual needs, such as affordable fees, a preference for tests versus theory-oriented sessions, while some may wish to cover the course in a shorter duration. For instance, Plutus IAS, Yojna IAS, Topper’s Academy, Kautilya IAS, among others provide assistance and online classes. For students or institutions that cannot afford to pay for their education, Thehinduzone is also available in a free edition.
Choose the right institute
Thehinduzone collaborates with a wide range of institutions, large and small, with various batch sizes to ensure there are no barriers when it comes to exam preparation. The teachers and institutes affiliated with thehinduzone.com can post their content, study materials, questionnaires, exam assessments, syllabuses, and video lectures, etc, so that students can access them as required. This allows students to save time by not having to browse study materials of multiple coaching institutes and instead focus on high-quality content that will benefit them.
Different institutes come with different strengths, for instance, Plutus IAS, considered the best for IAS coaching online (https://plutusias.com/), offers a batch size of 50 students while Toppersacademy, rated the best for online NEET Coaching, had a batch size of only 30 students for its 2020-21 batches.
Get customised coaching
To help students in locating the best coaching for them, Thehinduzone utilises reviews from other websites, Google evaluations, past and present student experiences, among other resources. It provides customised coaching results based on one’s requirements for timings, study materials, faculty, and prices, etc.
Revolutionising edtech
Thehinduzone has revolutionised the edtech business with superior technology, planned strategy, and progress mapping tools. The platform showcases an enriching collection of learning materials, such as video courses and quizzes for a rewarding learning experience.
The platform recently hosted a live virtual webinar aimed at assessing a candidate’s traits to determine if they have the necessary attributes to serve as a government servant to prepare them for the final test.
Thehinduzone.com intends to grow its reach by focusing on advising students on the best online IAS coaching, best online NEET coaching (https://instituterank.com/best-online-ias-coaching/), and establishing a global presence, while providing holistic solutions and overall development to young candidates who aspire to be tomorrow’s leaders. #KhabarLive #hydnews
How RBI’s Digital Lending Norms Will Impact Online Banking?
This suggests that the use of technology in banking and non-banking financial institutions is increasing. The use of technology in banking has been quite successful. The widespread use of technology has enabled numerous digital lending and payment services to reach a bigger user base. It has also simplified financial procedures, making banking credit easier to get.
It should be mentioned that everytime a new technology is invented, its regulating parameters must be altered. Thus, with all the technical advancements, its regulation needs to be updated to keep miscreants and irregularities in control. This prompted the Reserve Bank of India to require all digital platforms that conduct digital transactions to follow the Fair Practices Code.
The notice was reportedly issued following a series of heinous occurrences exposing unethical behaviour at several financial institutions. These vile, immoral tactics included charging high interest rates on borrowings and without disclosing how interest was calculated. Also, improper and unlawful use of customer data was being used to recover loans.
The RBI then created a Fair Practices Code that applies to all digital lending institutions. The code will also encompass organisations that partner with organisations that are under RBI's digital regulation. According to the letter, both the digital lending platform and the agent must be identified. For the loan business to combat disparities, this will help. To protect consumers' interests, digital lending platforms functioning as agents must adequately disclose to their customers the name of the bank or NBFC on whose behalf they are operating.
Protecting consumer interests is clearly a major concern for the central bank and the nation's regulatory banking apparatus.
Due to the business model's success and binding structure, the number of services provided by various online banking servers would decrease. Small-scale traders, retailers, and others who have been able to easily obtain loans will no longer be able to do so. Long transfer and transaction procedures may occur due to online banking checks. But it should be mentioned that the rules have been put in place to streamline the entire operation and eliminate all the egregious inconsistencies.
Second, all the inconsistencies in the system caused by non-regulation could have resulted in a big economic bubble. This indicates that an unregulated sector, notably internet banking, might have given rise to different Ponzi scams and generated an illusion of boom due to easy credit. The quick credit sources may have led to uninvited market exuberance, which can lead to unfavourable economic fluctuations.
This led to consumer betrayal and the commencement of a big ponzy scheme that may have effectively defrauded the market of its money and savings. It is important to highlight that economic savings are important because they usually lead to economic investments. Stale management can cost the economy a lot of money. Given that customer happiness is the pinnacle of pleasant banking procedures and operations, it was also discovered that clients were having a difficult time contacting their online banks. No sufficiently clear, methodical, and structured framework existed.
In reaction to this mishandling, RBI developed the “Fair Practices Code”. This was done to clearly establish that banks or NBFCs cannot escape their commitments by outsourcing any activity.
Overall, the apex bank's rules will assist create a friendly, trusting, and transparent atmosphere. It would also assist weed out shady digital lenders who may be acting as representatives for unregistered NBFCs.
Also, these rules will be the sole guardians of consumer data, which is vital for good functioning and analysis. The RBI fair practises code would assist clear up any miscommunications between lenders and borrowers. These channels will not only remove miscommunication but also act as a place for grievances.
In the banking industry, a clear cut, consistent, and systematic method is required for borrowing and lending. Following the RBI's suggestions and guidelines, some financial service companies have implemented their own internal rules. The fact that many financial services have made recommendations shows that not only the RBI, but the entire industry requires a clean sector. #livehyd #LiveHyd
Which Recorder Is Better Bandicam Or Camtasia?
Screen recorders nowadays come with a great variety of features, which make them a great choice for making tutorials, lectures, and even gameplay. Two of the most famous recorders are Bandicam and Techsmith Camtasia. Both these records come with a variety of features and tools that make them worthy.
First, we will read about the features that both of these providers so that you can choose the better option for you. Later, we will make a little comparison of both the screen recorders.
Features Offered By Bandicam And Camtasia
Let’s discuss the features that are offered by both these programs one-by-one:
Camtasia
It is one of the best screen recording software in terms of the quality of videos and features that it provides. Camtasia has an amazing in-built editing feature that is filled with tools using which you can edit your videos after their creation.
It is widely used for making gameplay videos and other tutorials. It lets you record high-quality videos and you can directly share them to the respective social media platform. You can also live-cast your gameplay or video through this platform.
Features Of Camtasia
Camera and screen recording: It lets you capture your screen as well as camera video simultaneously. Thus you can create a video with the recording of your screen as well as your own video through a webcam.
Annotations: You can easily add annotations to your videos such as callouts, shapes, highlights, blur, arrows, lines, etc.
Add effects: Other effects such as audio effects, video effects, and transitions, etc. can also be added to your video to make it more dynamic.
Capture mouse movement: Camtasia allows you to capture the movement of your mouse so that you can highlight it in the video and clearly depict it while doing illustrations or teaching gameplays.
Music track: You can add a music track from your system and other sound effects to your video to make it more interesting.
Magnetic track: When you combine various video clips to make one, the magnetic track makes sure that there is no gap left in between them and a smooth compilation of the videos is created.
Scene transitions: The transitions that Camtasia provides to be added between different scenes are amazing and it helps you make more dynamic videos.
We have seen that both Camtasia and Bandicam provide their own sets of features for the user. Based on your preferences, you can easily configure which one is a better option for you. Yet, in case you still have a little bit of doubt about the better option, we will make a little comparison between the two.
Bandicam
Bandicam is a software that has versions for mobile as well as PC. It is considered as a potential alternative to Camtasia. You can use it to record any type of video on your device. It is mostly used for professional gameplay recording. This software comes with a variety of modes including video recording mode, screen capturing mode, game recording mode, etc.
It supports many different kinds of file formats such as Xvid, MPEG-1, MJPEG, etc. Also, it has a unique feature that compresses the file in such a way that it takes up the least possible space, with the highest possible definition and video quality.
Features of Bandicam
Select recording area: Bandicam gives you an option of recording the whole screen or a specific part of it. You can select the area of the screen that you want to record so that you need not crop the video later.
Drawing in real-time: This feature allows you to draw and outline your video and take screenshots while recording the video itself. This is a very useful feature for online lectures or illustrations.
Game recording: Its special mode called Game recording mode helps you record 4K Ultra HD videos with a frame rate of up to 144 FPS, to help you create amazing gameplays.
Add webcam video: It also gives you the option to add your own video into the screen recording through the webcam on the PC and the front camera on the mobile.
Device recording: With Bandicam, you can record the voice of your device as well as external voices through the mic and add it into the screen recording in real-time.
Graphic technology: Bandicam gives you the provision of recording games using DirectX/ OpenGL graphic technology support, which lets you create high-definition videos.
Compression technology: It works with Nvidia’s H264 codec that compresses your files into small sizes with keeping its quality intact.
Difference Between Camtasia And Bandicam
There are lots of differences that a user may find between Camtasia and Bandicam. Major ones out of them are:
Camtasia | Bandicam |
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Price Comparison Of TechSmith Camtasia And Bandicam
In terms of pricing, you will find Bandicam way cheaper than Camtasia. The one-time price of Bandicam is $39.95 whereas the price of Camtasia is a whopping $249. Though you can use the TechSmith promo code to get some price reduction on the Camtasia.
As of now, we have discussed the features and differences that you may find with both Camtasia and Bandicam. Based on them, you can choose any of the software that best matches your requirements. #livehyd #LiveHyd
Friday, August 27, 2021
'Coin Burning' Is A New Fad In Cryptocurrency Business?
Digital currencies have gained importance in daily news and investor interest over the last year and a half. Although there are still a few notable sceptics, the relevance of digital currencies and blockchain technology is gaining traction among investors. Even though digital currencies have only been around for a short time, specific trends have come and gone. ‘Coin Burning’ has become one of the most popular aspects of the digital currency industry right now.
What is Coin Burning?
Coin-burning is the permanent elimination of existing cryptocurrency coins from circulation to make them unusable. This burning process is an intentional action exercised by the coin’s creators to “burn” or remove from circulation and a specific number from the total available tokens in continuation. These coins are sent to the ‘eater address’ for their destruction, also known as a ‘blackhole’.
Larger blockchains such as Bitcoin and Ethereum do not generally employ this mechanism. Instead, altcoins and smaller tokens are often burnt to command their supply offering significant incentives to investors.
This burning mechanism gives a distinct feature to cryptocurrency from regular fiat currencies, which are generally not burnt, though the flow of available cash is otherwise regulated.
Various Benefits for Investors
Usually, investors burn coins with the hope to increase their value. For example, 55 Billion XML’s were burnt to increase the coin’s value. However, this burn dramatically reduced XLM supply by over 50 per cent. The price impact on XLM was instantly noticeable in the short term, jumping from 0.069 to 0.088 dollars in a day — around 25 per cent from November 5th to November 6th.
Moreover, continuous burning keeps a coin’s value steady in the short run and results in value appreciation over the long term. For example, burning has helped XRP’s price remain stable, between 0.28 dollar and 0.31 dollar between November 2019 and August 2020.
Token burning acts much like share buyback by companies. The coins can be repurchased at reasonable rates and then instantly burned to increase the value of each holder’s existing token amount. Also, coins are generally repurchased at market price to return their investments in the currency.
In addition, coin burning assists as a natural mechanism to prevent spam transactions and safeguards against a Distributed Denial of Service Attack (DDOS) — a sort of human backed virus attack.
Proof-of-Burn
A unique mechanism that emerges from token burning is the proof-of-burn (PoB) consensus, based on users destroying their tokens to gain mining rights. Proof-of-work continues to be a popular choice, mainly due to its advocacy by Bitcoin, but it consumes significant resources and can be uneconomic. PoB tries to address this issue by limiting the number of miners that can verify and attach other blocks to the blockchain to match the number of tokens they’ve burned.
The POB system also involves a mechanism that encourages burning cryptocurrencies regularly to maintain mining power and avoid unfair advantages to early adopters. Each time a new block is mined, the power of burned coins “decays” or diminishes partly. Instead of a one-time, early expenditure, it encourages miners to engage in a routine activity. Miners may need to invest in improved equipment regularly to maintain a competitive advantage as technology improves. #KhabarLive #hydnews
Friday, August 20, 2021
The Best Guide To Beginners For The World Of Cryptocurrency
In the era of digitalisation, the form of money has also changed rapidly. From barter systems to old age coins, paper notes, now we have jumped towards digital currencies. Cryptocurrencies have emerged as the new method of exchange to purchase various products and services globally. Also, some are buying houses and cars and visualising their future in it. It has made very rapid popularity in the few years. Lets understand Cryptocurrencies in detail.
What are Cryptocurrencies?
Cryptocurrencies are digital currencies or digital money, which do not exist in physical forms like coins and cash. But it exists in the virtual form and holds significant value. It can be stored in a ‘digital wallet’ on a smartphone or computer, and owners can send them to people to buy things.
Blockchain is the technology that enables cryptocurrency to function. Blockchain is a decentralised system that organises and records transactions across multiple computers. The security of this technology is part of its attraction.
In addition, unlike regular money, which is created around centralised distribution, cryptocurrency is maintained using something called a distributed ledger. This makes a great degree of transparency but further anonymity through the use of encryption. They are able to exist outside of the control of governments and central authorities because of their decentralised nature. Bitcoin is considered the first cryptocurrency which was developed by a Japanese programmer Satoshi Nakamoto in the year 2009.
How Do Cryptocurrencies Work?
When a transaction takes place through cryptocurrencies, then no third parties like banks or others involves. This exchange of digital currencies is known as ‘peer-to-peer transactions. Importantly, every transaction ever made is recorded on an immense database known as a blockchain - think about it as a large spreadsheet. Individual transactions made are represented by a block that is added to the larger chain, hence the name blockchain, and all the transactions remain in the blockchain forever.
Blockchain is not based in a central location but is scattered among a large network of computers which is kept protected at all times through complex systems. This makes it virtually impossible for anyone to tamper with a blockchain and guarantees all transactions and users are shielded.
Cryptocurrencies have the potential to make it simpler to move payments between two parties without the use of a trusted third party such as a bank or credit card firm. Instead, these transactions are protected by the use of public and private keys and other incentive systems like Proof of Work and Proof of Stake.
In current cryptocurrency systems, a user’s “wallet” or account address has a public key, while the private key is only known by the owner and is used to sign transactions. As a result, users can avoid the high costs banks and financial institutions charge for wire transfers by completing fund transactions with minimum processing expenses.
How Do You Get Hold of Cryptocurrencies?
The process of holding cryptocurrencies like Bitcoin through a process is termed mining. Also, they can buy and sell too. Individuals or groups can set up computers with high powers, and these are tasked with working out incredibly tough equations. Moreover, machines can add transactions to the blockchain, and further check their validity, ensuring they’re all accurate.
To purchase cryptocurrencies, you’ll need a “wallet,” an internet software that stores your funds. In general, you open an account at a cryptocurrency exchange and then use real money to purchase cryptocurrencies like Bitcoin or Ethereum.
However, the sums are becoming more and more complex as more Bitcoins enter circulation - a fancy way of saying there are more coins up for grabs - to make sure there are not too many being generated. To put it in context, if you were to begin mining now, it could be years before you got a single Bitcoin.
Coinbase is a well-known cryptocurrency exchange where you can open a wallet and buy and sell Bitcoin and other cryptocurrencies. Cryptocurrencies are also available via an increasing number of online brokers, including eToro, Tradestation, and Sofi Active Investing.
Popular Cryptocurrencies
Bitcoin was the first blockchain-based cryptocurrency, and it is still the most popular and lucrative. However, thousands of alternative cryptocurrencies exist today, each with its own set of features and requirements. Some are Bitcoin clones or forks, while others are brand-new currencies created from the ground up.
Litecoin, Peercoin, Namecoin, and Ethereum, Cardano, and EOS are some of the rival cryptocurrencies generated by Bitcoin’s success. The entire value of all cryptocurrencies has surpassed 1.8 trillion dollars, with Bitcoin accounting for around 46.5 per cent of that total.
Criticisms in Recent Years
Since cryptocurrency market values are determined by supply and demand, the rate at which a cryptocurrency may be traded for another currency might vary greatly. This is especially true because many cryptocurrencies are designed to be scarce.
There is a worry that any tangible assets do not back cryptocurrencies such as Bitcoin. According to certain studies, the cost of creating a Bitcoin, which consumes a growing quantity of energy, is directly proportional to its market price.
Although bitcoin blockchains are extremely secure, other elements of the cryptocurrency ecosystem, including as exchanges and wallets, are vulnerable to hacking. Several online exchanges have been hacked and stolen over Bitcoin’s ten-year lifespan, with millions of dollars in “coins” taken in certain cases.
Despite this, many analysts regard cryptocurrencies as having potential benefits, such as the ability to preserve value against inflation and facilitate exchange while being simpler to carry and split than precious metals and existing beyond the authority of central banks and governments.
Cryptocurrencies have been chastised for various reasons, including their usage for criminal operations, exchange rate volatility, and the infrastructure that underpins them being vulnerable. Their mobility, divisibility, inflation resistance, and transparency, on the other hand, have been lauded.
Cryptocurrency as An Investment
Cryptocurrencies may appreciate in value, but many investors regard them as speculative investments rather than long-term investments. What is the reason behind this? Cryptocurrencies, like actual currencies, have no cash flow. Therefore, for you to benefit, someone else must pay more for the currency than you did. This is known as the “greater fool” investment hypothesis. In contrast, a well-managed firm grows in value over time through increased profitability and cash flow.
For those who believe that cryptocurrencies like Bitcoin will be the currency of the future, it’s important to remember that a currency needs to be stable for merchants and customers to know what a fair price for products is. This price fluctuation is a problem.
People might be less inclined to spend and circulate bitcoins now if they are worth a lot more in the future, making them less viable as a currency. However, the boom in popularity and accessibility has led to a general acceptance of cryptocurrency as a probable future of money. #KhabarLive #hydnews