Security and Blockchain

In the development of technologies such as blockchain, there is internal logic, because they rely on the objective laws of physics and mathematics, but a person can control them and put them at their service. Any attempt to prohibit or stop this movement is doomed to failure.

Security and Blockchain

In the development of technologies such as blockchain, there is internal logic, because they rely on the objective laws of physics and mathematics, but a person can control them and put them at their service. Any attempt to prohibit or stop this movement is doomed to failure. Why fight the objective laws of development, is it not better to try to understand them and benefit from them.

Just think: 30 years ago, in the early 1990s, the most reputable media seriously believed that the Internet would never become truly popular. The largest media experts confidently said that their audience would never want to tear themselves away from the couch and entertain themselves. What opportunities they have missed!

We have all heard the word bitcoin more than once. The most valuable thing in this cryptocurrency is that it introduced the world to the revolutionary blockchain technology. Blockchain technology significantly improves the speed, privacy, and security of sending money. For example, the same bitcoin can be sent from one person to another without an intermediary, and the identity of each participant in the chain will be encrypted in a long line of letters and numbers.

The cryptocurrency Bitcoin has gained a terrible reputation – they began to use it for anonymous transfer of money in the process of buying drugs. Skeptics say the blockchain was created to serve the drug trade and illicit trade. But is this all we need to know about this technology?

Now we can safely talk about the “blockchain revolution”. But what is the revolutionary nature of this technology? The Internet has brought us a lot of positive things: email, social networks, mobile applications, big data, cloud computing and the nascent Internet of things. But the internet is impersonal. In 1993, New York magazine published a caricature of an American artist, Peter Steiner. In the figure, two dogs are talking in front of a computer, one another says: “On the Internet, no one knows that you are a dog.” The anonymity of the Internet has brought negative effects. Hackers, spammers, cyber fraudsters have appeared. Besides, the problem of digital inequality has arisen. Economic and political benefits are becoming increasingly asymmetric. Money brings a lot more money to those who have access to technology.

The uniqueness of the #MetaHash project lies in its versatility. The main components of the network merge into a coherent single system that allows complex decentralized applications to work in real-time under high loads. Reliability and stability of the project, as well as comprehensive security and synchronization of the resources, are determined by the components of the #MetaHash system.

The first attempt to solve the problem of secure payments on the Internet was made back in the …

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Starting Your Own Business? Venture Capital Questions – To VC or Not VC?

Of course nothing to do with Shakespeare, but an old question nevertheless. If you are starting up a new business, or expanding your current one, should you partner with an investor/VC? If you do what should you expect? The choice depends on your ambition and the success depends on your partner of choice.

From an investor’s point of view, the next 4-5 years represents an excellent recruitment market window. The market is far from buoyant but the sentiment is on an upwards curve. Like buying a house, no-one wants to buy at the peak of the market or at the bottom of a lifeless trough. But catch the market as it’s rumbling into life and you’re on to a winner. If it’s good timing for investors to get back into growth mode it’s an ideal time for business owners.

Ambition.

Are you ambitious? Of course you are. You are in recruitment and successful enough to contemplate starting a business or are running one already. But ambition means different things to different people. One end of the scale, “A”, could be to run a ‘lifestyle’ business with a small to medium sized team and simply be your own boss. At the other end, “Z”, it could be to grow a business to IPO. Where you are on this scale dictates what you should do.

Let’s be clear, if you are nearer “Z” than “A” on the ambition scale and you choose the right investor your chances of creating genuine wealth FAR outweigh going it alone. It’s not just the money but the decisions you make all along the journey, knowing that you have backing. It’s fully committing to plans versus trying things out cautiously. It’s structuring the company for success from the outset versus discovering along the way that you have made mistakes. It’s tax efficiencies that double your money, literally, versus getting caught out. Do you want a large piece of a small pie or a smaller piece of a large pie?

Investors are looking for ‘scalability’ in order for their investment to feel exciting. It is not just a case of making profits but of opportunity cost. To some extent investors have a choice of where to invest their funds so the greater the potential returns, the more attractive, influenced by their measure of risk, of course.

However, statistics would suggest that to grow aggressively and/or beyond the average recruitment company size of 5 to 15 consultants in a 3 to 5 year window requires funding. Bank funding is virtually impossible to come by in the present climate which leaves investors as the only option, unless you have just won the Euro Lottery! If that funding can be combined with specialist recruitment knowledge that you can draw on, then your chance of success multiplies.

Once you contemplate external funding, the big questions are:

How much equity will you sell (or split in a start up)?

For an existing business with a track record this is easier to …

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3 Important Decisions For Retirement

Most people join the working world in their 20’s. After this, they will take on countless challenges and many years of working hard. They will sacrifice many things when they become parents and will look forward to their golden retirement years. Most people only really consider what their retirement plans are when they are well into their 50’s.

3 Important Decisions For Retirement

What most people fail to realize is that planning for the day of retirement is about much more than sipping coffee on the verandah. When thinking of retirement there are several key questions which would need answering, long before the day arrives when you finally leave work for the last time.

Here are a few things you will need to consider before you finally retire:

Planning Is Essential

Retirement is the perfect time to start thinking about what you want. If you’re lucky you will no longer be responsible for children and you would have raised self-sufficient children who are capable of looking after themselves. In your last 10 years before retirement, you need to realistically plan essentials such as finances. You need to make sure that you have all the money you need to avoid running out of savings in your 70’s. A great time to get this done is in your early 50’s when you meet with an accredited financial advisor.

Decide Where To Stay

When you retire, you’ll need to make sure that you have the perfect place. If you’ve owned a house for most of your life, then the chances are good that it is already paid off. This is great. But, the downside of this is that the house may be too big for you. Take for example, if you bought a house in your 20’s with the prospect of having children around then you’ve probably got a 4 bedroom house on your hands.

Now with your retirement looming and the children all out the house, do you really need that big house? You’ll just end up spending your retirement cleaning the place. If you decide to sell the house after your retirement, you’ll have quite a substantial amount of money for a new, more suited place to live out your golden years.

There are countless options available to retirees including moving to a retirement centric accommodation or investing in a smaller house. Retirement accommodation villages are often well equipped with on-site care facilities and recreational activities. The slower and more calm nature of the establishments makes them a welcome change from the hustle and bustle of day to day life in the working world.

Healthcare Priorities

Along with a host of other things, growing old comes with its own set of complications. The most obvious of these is the general deterioration of health. During the planning stages for retirement, it is important to remember that most healthcare schemes are quite reluctant to pay for chronic medicines and therefore these would need to be factored into the funds needed for retirement.…

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Finance Recruiters, What to Do When You Need One

When many people hear of recruiters they immediately start getting nervous. Looking for employment can be a nerve racking experience. You may be unsure of what they are going to ask you or whether your resume is impressive enough. Recruiters are generally professionals whose services are contracted by companies that are looking for people to fill positions. They look for the most suitable candidates to fulfill their clients’ needs.

Finance Recruiters, What to Do When You Need One

Candidates can also use head hunters to develop their careers. Finance recruiters just like any other type out there will test your ability and willingness to be controlled throughout the recruitment process. If they feel that you are being difficult they will not hesitate to take you off the list. They are qualified in the various fields of recruitment like resume tips, salary negotiation techniques and other job hunting skills.

When you are dealing with finance recruiters, it is important to understand the way they work. They do not help individuals who want a career change. This is because they are hired to look for people who are already successful in their field. It is important to keep in touch with the head hunters about the progress you are making in your job search. When you are looking to acquire the services of a recruiter, it is important that you get one who can offer suggestions on how you can improve your resume.

They can also help you tailor it to suit what their clients are looking for. It is also advisable to be open and honest when you are dealing with them. This is especially important when you are talking about your income and what you expect it to be. For you to get the best from them, it is a good idea to have trust and commitment.…

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Debt Crisis Mounts for UK Households Leaves Thousands Turning To Debt Consolidation Loans

Spiralling debts from credit cards, pay day lenders and heavy interest bank loans can easily derail your financial status and the consequences of missed repayments can be intimidating and stressful for thousands of vulnerable borrowers across the UK. Figures published at the start of 2019 have revealed that UK household debts have risen by two-fifths in just six months. The report from Aviva’s Family Finances has shown that the average debt is now £13,520 – an increase of £4,000 from £9,520 in summer 2018.

Debt Crisis Mounts for UK Households Leaves Thousands Turning To Debt Consolidation Loans

The figure – which doesn’t include mortgage debt – revealed the average amount owed is 24 per cent higher than in winter 2011 when the data was first recorded.

Whilst taking out a loan is extremely common, the burden of mounting debts can not only affect your spending ability by taking a substantial wedge out of your monthly budget, it can also affect your credit score with a low credit score indicating you’re a riskier borrower than someone with a better credit score. Future creditors and lenders could make you pay for this risk by a charging you a higher interest on future loans.

With debt affecting so many families across the UK, years of austerity and wage stagnation, the ability to manage debt properly has become increasingly important. A whole raft of debt management techniques have emerged helping millions lumbered with small and larger debts, short term and long term.

What is debt consolidation and how does it work?

Consolidating debt is a method used by many who have more than one loan to manage. If you have a car loan hanging over you, store card debts and other personal loans to handle, this method lets you bring all your debts into one single debt meaning there is only one monthly repayment to make. Many people prefer this method of consolidating several different loans making it easier for them to keep track of debts and manage cashflow when making repayments.

A primary motivating factor for debt consolidation is often to reduce the size of the monthly repayments, but it’s important to calculate how much is already being paid each month on existing loans. If the revised consolidated payment is higher, it may not be worth making the switch despite the single payment being easier to manage.

Using debt consolidation may also allow you to take advantage of lower interest rates, moving high interest loans into one single lower rate plan but this will again depend on an individual’s credit score and some more attractive rates might not be available to all who apply.

There are several other factors to consider as well. A single loan repayment might be lower per month than the existing total but should the repayments be spread over a longer period, the total amount you end up owing may well be higher. Those contemplating a debt consolidation loan should also be wary of upfront or hidden fees which could also ramp up the final amount owed.

Another factor is the two …

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