Cryptocurrency

   

The word “cryptocurrency” is derived from the encryption(special code) techniques which are used to secure the network.

The word “Crypto" refers to the various encryption algorithms with the conjunction cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions.

Cryptocurrency is new form of digital or virtual currency that is safe guard by cryptography, which makes it nearly impossible to imitate or double-spend.

Cryptocurrency is a new form of digital source based on a network that is distributed across a large number of computers.

This distributed structure allows them to unreachable from the control of governments and central authorities.

Many cryptocurrencies have spread out networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

Blockchains, which are organizational methods for ensuring the wholeness of transactional data.

It is an essential component of many cryptocurrencies.

Many experts studies says that blockchain and related technology will disrupt many industries, including finance and law. 

Characteristic feature of cryptocurrencies are :-

They are generally not issued by any central authority, rendering them theoretically protected from government interference and boundations.

In modern cryptocurrency systems:-

A public key is account address.

The private key is  known by  the owner.

It is used to sign transactions.

Advantages of cryptocurrencies:

1. Cryptocurrencies helps in  buying goods and services, or trade them for profit.
2. It make  transfer of funds easier directly between two parties, without the need for a trusted third party like a bank or credit card company.
3. Transfers are  secured by the use of public keys and private keys and different forms of  goad systems, like Proof of Work or Proof of Stake.
4. Fund transfers are completed with minimal processing fees, allowing users to avoid the precipitous fees charged by banks and financial institutions for wire transfers.
5. Portable, divisible, inflation resistance, and transparent.
6.  Cryptocurrency advocates  high value of  confidentiality citing benefits of privacy like protection for whistle blowers or activists living under repressive governments.  
7. Some cryptocurrencies are more private than others. 

Disadvantages  of cryptocurrencies:

1. It’s suspicious nature makes  transactions well-suited for a host of illegal activities, such as money laundering and tax evasion.
2. Because of which Cryptocurrencies faces criticism and  many more  reasons such as exchange rate volatility, and vulnerabilities of the infrastructure underlying them.

Types of Cryptocurrency:

Bitcoin:

• Bitcoin was the first blockchain-based cryptocurrency
•  most popular
• most valuable cryptocurrency.
• Bitcoin was launched in 2009.
• "Satoshi Nakamoto” the one who  launched it.

 

·       Nowdays, there are thousands of alternate cryptocurrencies with various functions and specifications.

·        Some of these are clones or duplicates of Bitcoin, while others are new currencies that were built from scratch.

·       Some of the competing cryptocurrencies procreate ,other Cryptocurrencies known as "altcoins," include Litecoin, Peercoin, and Namecoin, as well as Ethereum, Cardano, and EOS.

The aggregate value of all the cryptocurrencies in existence is around $214 billion—Bitcoin currently represents more than 68% of the total value.

Bitcoin Cash (BCH):

·       It is a cryptocurrency that is a clone of Bitcoin.

·       Bitcoin Cash is a spin-off that was created in 2017

Litecoin (LTC):

 

·   The Litecoin Network aims to  block every 2.5 minutes, and work at very faster rate, rather than Bitcoin's 10 minutes.

Ethereum (ETH):

^·         Ethereum is a scattered, open-source blockchain featuring smart contract functionality.

^·        Ether (ETH)   second-largest cryptocurrency 

Chainlink:

·       Chainlink was developed by Sergey Nazarov accompanied by with Steve Ellis. 

·       Chainlink is a decentralized seer network that bridges the gap between smart contracts, like the ones on Ethereum, and data outside of it.

Binance Coin (BNB): 

·      Binance was the largest cryptocurrency exchange in the world in terms of trading volume(2018)

 

WazirX:

WazirX is India's most successful cryptocurrency exchange, which started trading on 8 March. It aims to become India's most trustworthy cryptocurrency exchange.

Buying Bitcoin is absolutely legal in India.

 There is no law prohibition for  Indians from buying/selling cryptocurrencies in India.

According to CoinDCX exchange. The country’s largest crypto exchange, WazirX,  increase in their sign-ups in the past six months.

 

 

 

Written by:-

MANSI DIXIT

Batch-2017

References :-

 

https://www.investopedia.com/tech/most-important-cryptocurrencies-other-than-bitcoin/

https://www.investopedia.com/terms/c/cryptocurrency.asp

https://en.m.wikipedia.org/wiki/Cryptocurrency#:~:text=A%20cryptocurrency%20(or%20crypto%20currency,to%20control%20the%20creation%20of

https://www.nerdwallet.com/article/investing/cryptocurrency-7-things-to-know

https://images.app.goo.gl/vUF3xYQVEP7ZwgqD8

https://images.app.goo.gl/Kt5R2n7kuThn6MiN6

https://images.app.goo.gl/GS4Ucm7UnfiaLLV19

https://images.app.goo.gl/mkDV3c3p5ZLnBtyo7

https://www.moneycontrol.com/cryptocurrency/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EFFECTIVE POINTERS TO ENHANCE INTERVIEW SKILLS

 What are interview skills? Interview skills are a set of interpersonal skills that helps you to interact with the interviewer comfortably and show them your potential and caliber and why you are the best candidate for the position.

These skill-sets will help you highlight your best hiring features. It includes how confident and comfortable you are and how well you communicate with people and portray your overall self and your body language. In an interview, not only your experience and technical skills will be considered but your soft skills will be included as well.

So in this article, we are going to provide you some great tips to help you improve your interview skill-sets and will help you stand out as the best candidate during your interview.

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Good verbal communication

Verbal communication is one of the soft skills that the interviewer will pay attention to. They will not only pay attention to the things you say but also to how you say them. It includes the tone and pitch of your voice, talking politely and honestly, active listening and, responding.

Non-verbal communication or body language

Non-verbal communication includes your body language while having a communication or a conversation with someone that may include eye contact, standing straight, facial expressions, gestures like a firm handshake, etc.

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Listen and be observant

Stay attentive during the conversation and listen to every single word said by the interviewer as it is going to help you in answering the questions perfectly. Observe your Interviewer which includes his/ her style of talking, tone, pace, etc. and try to match all the aspects. Also, stay attentive to how they respond to your answers as it will provide you the feedback and will help you to learn new information regarding the Interviewer which will ultimately help you in the later phase of the interview.

 

https://images.app.goo.gl

Appropriate choice of words and language

If you think that you may look cool while using some popular internet slang as a reference which is quite popular and common in Gen Z, it's way better to stick only to the professional language during interviews. Try to use simple words which can easily convey your thoughts and emotions and also allow you to express yourself in much better ways. Avoid using words that are controversial and are related to Age, Gender, Caste, Community, Sexual Orientation, etc.

 

Time management

Time management is one of the important skills while preparing for an interview as it includes your ability to plan and organize your time accordingly. It helps in improving your productivity and efficiency in work. You can show your time management skills in an interview by reporting to the interview on time and giving answers and completing tasks in time.

                               

https://images.app.goo.gl

Confidence

Being confident and having self-confidence is an important skill during an interview because you need to be confident regarding your skill sets, intelligence, knowledge, and experience so that the interviewer can feel confident in you.

 

Dress up appropriately

People tend to judge you by your first appearance and by what you're wearing so it is very important to know what to wear in an interview. For this, you can call the company and find out about the dress code for the interview beforehand. As you need to look well-groomed and neatly dressed so wearing formals or suits is a much safer option. Preparing your dress and checking it a day before the day of your interview will give you enough time to prevent any last-minute wardrobe mishap. It will also help you save your precious time on the day of your interview.

 

Resume - Maker or Breaker

Only 6 seconds are required for an interviewer to glance through your resume and to adjourn whether they are going to hire you or not! In these 6 seconds, the eyeballs catch the grammatical errors, formatting issues, etc. So kindly ensure that these things are on point. Try to mention things in a very simplified manner according to the job requirements for which the interviewer is exactly looking. Along with the above-mentioned points, you should also know that what you have mentioned in your resume as an interviewer can ask anything regarding what you have mentioned in it.

https://www.google.com/url

 Answer the questions with a calm mind

It is very common for the interviewer to ask twisted situation-based questions to check your problem-solving and thinking traits. So it is very important how you take such questions. It is okay if you need a minute to think about your answer, just don't lose your composure and tell the interviewer calmly it was a good question and you need a minute to think. It will help you showcase your problem-solving skills and calm and composed nature.

Thorough company's research

You need to have good knowledge about the company's background to check if that is the right choice for you. It will also help you know better about the company and you will be able to answer the questions positively.

 

Be polite

Be polite not only to the interviewer but all the other people you may meet throughout the company like receptionist or secretary etc. It is very important to stay humble, polite, and friendly as it will show the interviewer your easy-going nature and your compatibility with the staff of the company.

 

Ask questions

Just like at the end of any service at the restaurant, they ask you for 'Feedback', no interview can end without the dessert of 'Ask questions if you have any?' by the interviewer.  Most of the candidates will answer 'No’. But don't say no and try to ask questions when the interview ends as it will give a positive impact on the interviewer. Also, avoid asking silly questions which can easily be googled.

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 Practice makes the Person Perfect

That's one of the most practical and popular quotes I have read so far. It is very important to improve the skill set before entering into the battlefield of an interview. Recreate the interview in your mind by visualization and practicing things like working on your gestures, controlled body language, perfect posture, outfits to feel the vibes. It's also very important to not over-practice and creating a panic state in your mind. Make sure to relax your mind too.

As you go into this interview, understand that fate is in your hands. Believe in yourself and your potential and success shall be yours. 

Good luck!

                    “ OPPORTUNITIES DON’T HAPPEN, YOU CREATE THEM” Chris Grosser

References: https://www.indeed.com/career-advice/interviewing/improve-your-interviewing_skills

                                

Written by:

-Anjali Das (Batch -2018)

 

ESSENTIAL SOFT SKILLS TO BOOST YOUR SUCCESS

“Having hard skills gets you hired. Lacking Soft skills gets you fired.” 

Soft skills also known as People Skills – the non technical, intangible, personality specific skills that determine one’s strength as a leader, listener, negotiator and conflict mediator. Soft skills play a significant role in one’s success in life particularly in one’s profession. They help one to excel in the workplace and their importance cannot be denied in this age of information and knowledge.

thehansindia.com

 Soft skills are very important in business. It is essential to be technically sound, but one should have the ability to convey the idea to the masses in the simplest possible manner. Planning is necessary but execution is also equally important and it takes soft skills to execute any idea because it involves dealing with the people directly. Soft skills are the differentiating factor between success and failure. Now let’s look at some of the essential Soft skills you need to excel in your career. 

1. EMOTIONAL INTELLIGENCE: “Winners don’t have the best of everything….. They make the best of everything.” – Anthony Robbins EI is a type of social intelligence and the ability of an individual to control their own emotions and use this to recognize and guide others emotions and actions. EI is a collection of emotions, skills and characteristics that drive performance and success. EI imply means to use emotions intelligently according to your advantage. When you have high EI, it is far easier to solve complex problems, deal creatively with challenges of an ever changing, dynamic environment. In our desire to acquire Soft skills and develop dynamic personalities, it becomes more important to develop EI.

Sciencedirect.com

 2. COMMUNICATION SKILLS: The ability to communicate ideas to others effectively is an absolutely essential requirement. Developing your communication skills can help all aspects of life, from your professional life to social gatherings and everything in between. In fact, communication skills could be the deciding factor in determining wheather or not you are selected/ promoted, So without them your career would be severely impaired.

thebalancecareers.com

 

3. TIME MANAGEMENT: The busy man only can manage to do many things, which seem to be beyond the reach of ordinary people, they have to do many things in spite of their busy schedule. The secret therefore lies in the scientific management of time. Time management is the ability to use your time effectively and distributing time between activities, with the result of maximizing productivity.

corporatefinanceinstitute.com

 4. STRESS MANAGEMENT: Stress is the word that many people use when they are describing how the demands of their life seems to be becoming too great for them to cope with. The ability to cope with stress varies from individual to individual. But the fact that stress go hand in hand. Everyone in every job experiences pressure/stress. Your success in a job depends on your ability to handle work pressure.

qminder.com

 5. TEAM WORKING: Today’s world is driven by innovation leading to constant change and success of an organization depends on its team. Thus it has become mandatory to train the employees in all spheres of management. Team building is one of the crucial areas in which the employees need to be trained.

pixtastock.com

 6. INTERPERSONAL SKILLS: These include the ability to lead, motivate and delegate. They are important at every level of organizational responsibility and should always be evident. Being the most technical person in your field is not always enough to succeed unless you have the ability to convince others that what you are doing is important.

learning.shine.com

 7. NEGOTIATION AND CONFLICT RESOLUTION: Negotiating in a way means you are able to achieve desired outcomes and still maintain successful ongoing relationships with others. Influencing positively will help you achieve more of what you want and build relationships based on openness, trust, understanding and mutual respect.

pmstudycircle.com

 Soft skills can be developed by formal training or leadership and guidance of your team. 

 Written by: -Ms. Divya Kumari (Batch- 2018)

 References- https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjKv_2S08ryAhWOIbcAHXZfB8oQFnoECBcQAQ&url=https%3A%2F%2Fbooks.google.com%2Fbooks%2Fabout%2FSoft_Skills.html%3Fid%3DgoorDAAAQBAJ&usg=AOvVaw3Eb4DE-Y4zc4JmlMGxPPeu https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwib0-na08ryAhVHILcAHfz7CK8QFnoECBMQAQ&url=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3D9WCwDwAAQBAJ%26printsec%3Dfrontcover%26source%3Dgbs_book_other_versions_r%26cad%3D4&usg=AOvVaw1mvz-5DtBre4NHR51KMV-E