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Oil or the aptly nicknamed “black gold” has been fueling humanity for nearly five millennia. Since it was discovered that kerosene could be extracted from crude oil, the demand for petroleum skyrocketed and by the early 20th century, it became one of the most traded commodities in the world market. Its many applications have made […]
One motto all businesses live by is “the customer is king”. Why? Because retaining customers is six times cheaper than acquiring new ones. With the advent of the Fourth Industrial Revolution, many technologies that were once thought of as “ahead of its time” or “impractical” is now gaining traction and one of those technologies is […]
A research report based on the analysis of 1,807 business interruption related insurance claims found out that supply chain disruptions are increasing the severity and frequency of business interruption claims. The average large business property insurance claim was more than $2.4 million. As a business grows, its supply chains get more complicated and even harder […]
A critical factor that indicates the performance of any business is its bounce rate. For online businesses, bounce rate refers to the number of single-page sessions compared to all sessions on the website. For offline businesses such as retail stores, it is measured as the ratio of store visitors who did not make any purchase against the total number […]
ICOs are launched by blockchain startups to raise funds to develop and deploy their project and to meet the operations costs for a few initial years. Since 2013, we have seen several ICOs and reverse ICO come and go, many of those have succeeded and even more have failed. Anyhow, ICOs have helped numerous entrepreneurs to […]
Did you know that blockchain in telecom market is estimated to reach USD 993.8 million by 2023? According to recent research by a leading market research company, adoption of blockchain in telecom market is expected to grow at a Compound Annual Growth Rate (CAGR) of 84.4% during 2018-2023. Even though the technology is not fully […]
In this highly competitive business world, only businesses and enterprises with a focus on customer satisfaction can thrive in the long run. With the traditional practices to improve customer experience are getting obsolete, organizations are seeking newer approaches to enhance their customers’ experience. In this context, many companies are adopting newer methods to improve customer […]
Renewable energy is both the need of the hour and the next big thing in the world today, with governments across the globe committing to reducing dependence on fossil-fuel based energy. The ratification of the Paris Agreement by major global economies is another step in this direction. Just over 19% of the global electricity consumption […]
Trust is perhaps the most critical component in any business or a transaction between two people. For instance, if you are purchasing a commodity online, or creating an account in a social media account, you are submitting a lot of personal data to someone. The factor of trust established in such a system is not […]
So, you’re thinking about starting your own ICO? Well, let’s go one step at a time. You should have written up a white paper describing your goals, what you aim to achieve, how the project got to where it is now and what the investors can expect from it. You could go through the post […]
On April 25, 2018, OKEX, the third largest Hong Kong-based cryptocurrency exchange in the world was forced to suspend all ERC20 tokens after the developers discovered a bug called BatchOverFlow that made the tokens vulnerable. Malicious parties could generate a large number of tokens and deposit that into a regular address. This would make many […]
Blockchain has been one of the most searched technology words on Google during the latter half of 2018. This shows that there is still a lot of inquisitiveness surrounding this technology. Suffice it to say that blockchain is finding applications in almost every industry. One such industry where blockchain is steadily gaining pace is the […]
