Security Tokens: 20 Important Things you need to know (Detailed Guide)
What is a security token? Security Token Offering can be best defined as a “Public-Private” security offering that utilizes regulatory body framework such as Securities and Exchange Commission ( SEC ) or Ontario Securities Commission ( OSC) to offer investment products via blockchain technology. Preface A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital project, an acquisition, or some other business purpose. [...]
Who is going to win the transportation battle? Car manufacturers, Taxis or the consumers?
So uber launched self driving cars yesterday. It is pretty interesting move since it will basically kills the jobs that they created in the first place. So with Uber every individual can drive for them as per their own schedule, but with self driving cars, there is no schedule. […]
Justifying Microsoft’s biggest bet since inception
Microsoft just announced to acquire LinkedIn for $26 Billion which is almost 50% higher than the public market valuation. For the sake of comparison, Google purchased YouTube for $1.65 billion 10 years ago. Facebook paid $715 million for Instagram in 2012 and $19 billion for WhatsApp two years ago. […]
One line that changes your approach
In old times Kings had strange requests and they had advisors whose jobs was to fulfill them. Failure to do so results in punishments that varied from imprisonment, demotion or in severe case even death penalties. […]
Important vs Urgent – Who takes the lead ?
Time is the most limited commodity that any successful person have & time management is one of the most sought after skill for majority of us. Urgent & Important are the two major parameters used in prioritizing where to focus our resources on. Eisenhower matrix is ever-green cheat sheet for any one looking to help prioritize their day. Biggest issue we struggle with is “urgent” taking priority over “important”. If you give some one two tasks with following - Task A is urgent [...]
It’s March – but interest rates are stable
Yesterday, FOMC announced that they are not making any changes to the interest rate. Later last year, they made an upward move after almost a decade. They also changed their stance on frequency of changing the interest rate. Earlier they indicated that they would change interest rate 4 times in 2016, but it was not well received in the market. Now they have backed-off to resonate with their counterparts. While it's not as exciting, this will bring stability to the economy. Stable interest [...]
Privacy == Liberty
I recently had an honor to meet Mike Janke ( Co-founder & Chairman Silent Circle - Encrypted Communication Firm), which prompted me to write over this issue. Mike's some one who I admire a lot & I am baffled by the fact that he's recognized as much as he deserves it. He came to me as some one who'se really passionate about the cause & value & I feel myself lucky to be present in same room as him. He's a hero ! [...]
Weaker Loonie against USD – Who’s getting hammered here ?
From Acuras to iPhone applications, suits to sweet potatoes, Canadians will be paying more for imported products, on account of the loonie's fall against the U.S. dollar. It has dropped by almost 10% in last 12 months which is a significant drop in a short horizon of time. Although it’s not the highest one, but certainly rank among them. “Who wins and who loses when the loonie gets hammered” Obviously it’s the end customer who will be paying more. Increasing costs are passed [...]
Negative Interest Rate Policy (NIRP) – Friend or Foe?
Whenever we borrow any amount, we expect to pay an interest on top of the principal amount. Recently it was increase after almost a decade however buzz word of negative interest rate have started to circulate in financial world. It's not a new concept and currently exist in multiple EU countries. “Consider it as a Tax on your balances without even defining it to offset loss in revenue due to reduced economic activities” NIRP is a desperate attempt to boost economy in tough [...]
11 facts about Cayman Island
I was in Cayman Island recently and was fascinated by how developed it is. Sharing some of the interesting facts here 1 - Cayman has its own currency; the Cayman Island Dollar (CI$). This is tied to the U.S. dollar and does not fluctuate from it. The cash exchange rate is CI$1.00 = US$1.25. 2 - There is no income tax, capital gains tax, or corporation tax. There is a 10 percent government hotel tax and a stamp duty ranging from 7 ½ [...]