The end of the announcement of Rs 500 and Rs 1,000 by Narendra Modi has led to an increase in digital payments, thus helping India to move towards Digital India. In recent days it has been seen that the difficulties among people to buy goods for their livelihood after the ban on Indian currency notes like Rs.500/- and Rs.1000/-, it seems that the nation understood more than billion people. they have realized the advantage of digital currency.
Looking at the Google Trends page, it seems that “buy Bitcoin” is rapidly gaining popularity. Bitcoins are a digital currency, made by computers, whose prices are validated through a public ledger. Like any digital money, this money can be used to pay for goods and services, such as buying coffee, a meal package at a restaurant, or even clothing.
Although the digital currency has not yet matured, it has the power to play a key role in the future of financial services. As the adoption of bitcoin and other related technologies grows, our financial system will rely heavily on large, centralized institutions that have a globally distributed network. With the proliferation of the Internet, we have witnessed industries such as media; software and communications were transformed and strengthened. Sooner or later we will experience a similar revolution in financial services, where digital currency permanently replaces our old, expensive and slow systems and a new structure emerges that facilitates payments, streamlines accounting processes and enforces contracts with ease and scalability. . In this rapidly developing landscape, digital currency may emerge as the valuable trade that powers the “internet of money.”
“There is no doubt that digital currency will play an important role in the future.”
– John Donahoe, Chairman and CEO of eBay
Cryptocurrency enthusiasts hold out hope that Bitcoin will get rid of cash sooner or later.
Millions of Indians have limited or no access to financial services through traditional means. This means that Bitcoin can fill a need, should one arise. Benson Samuel, one of the most popular names in the Indian bitcoin community and a co-founder of Coinsecure, welcomes the decision. He states: “This is very good for digital currencies in India as people will now be forced to look for alternatives to store value. Decentralized digital currencies will play a vital role in maintaining a variety of options for people who they need to use the same .”
“People are receiving remittances in bitcoins, instead of Paypal. They can settle them by paying only 1% of the transaction fee,” said Sathvik Vishwanath, CEO and co-founder of Unocoin.
Governments around the world have recently announced that they are investigating their own plans for digital currencies.
The Manila-based bitcoin wallet service provides consumers with direct access to basic financial services such as sending and receiving money, bill payments, remittances and mobile top-ups from a Coins account. Customers with or without a bank account have access to online purchases at more than 63,000 merchants that accept the digital currency.
Bitcoin and the digital currency go to the future of the financial system, however, the main challenge is to develop emerging technologies and provide innovations for consumers and businesses around the world. Additionally, technologies need to be as secure and easy to use as possible, and work with governments to figure out how to allow these innovations to map with the law.
What about their careers and businesses?
Emerging digital tools can allow organizations to focus not only on finding talent, but also on managing, retaining, and developing employees. Digital employee portals will integrate with these tools to help companies expand their employee database, refine their screening and selection methods, and deploy their employees more effectively. These platforms can help place the right person in the right job, find skill gaps, support employees as they learn new skills, chart career paths, and fuel the development of the next generation of leaders.
Over two million people may already be employed in the creative and digital sectors, contributing £137bn to the country; however, a report published by the UK Employment and Skills Commission (UKCES) in June 2015 revealed that there are more vacancies in these sectors than in the rest of the UK economy. It also predicted that 1.2 million web programming and development jobs will need to be filled by 2022. Therefore, web developers and programmers are in high demand as fewer graduates choose to enter the sector.
Customers are better connected as data connects everything, allowing competitors and startups to outperform established players. Those who align their business model around the customer will win in the growing digital age. Companies must become more innovative and agile in order to adapt to customer demands and market changes. This will allow them to increase customer engagement, grow employees, and become more profitable. Ultimately, they need a business strategy for the digital age.
Learn to sell in the Digital Age.
Selling in the digital age will help your sales staff maximize the power of digital marketing and stay ahead of the competition. The digital age provides online platforms, channels, and systems that business owners and digital marketers use to optimize their businesses online. Business owners need to understand today’s digital landscape and how it can drive the success and growth of their business. Mainly, they need to understand the functions and basic principles of digital marketing analysis and what makes an effective brand strategy. Effectively use the power of Digital Marketing to identify prospects with social networks, search engines, directories, blogs and Twitter. Find and convert qualified prospects into customers using the vast resources of the Internet. Interact with and retain current customers. Build ongoing relationships with customers.
One can get the most out of search engines
Social Networks can help you sell.
Get the most out of LinkedIn, a business networking giant.
Use Twitter to sell and learn more about your industry.
Use Directories to quickly find the right people and information.
Use email campaigns to help your customers buy.
Write blogs to become known as an industry expert.
Build your personal brand online that drives inbound business.
