@Tarun Hi, thanks for pointing out. Yes, Magadh Stock exchange was closed way back. So, we should discuss on active stock exchanges only.
Posts made by ftForumMod
RE: List of Stock Exchanges in India: How many are there?
RE: What are best investment options for salaried person in India?
@mohit-chauhan mutual fund investments are a way of investing into the stock markets only
How Blockchain is changing Finance Industry?
"Blockchain" the underlying technology for cryptocurrency has been the talk of the town recently. Remember the 2017 huge crypto wave i.e. Bitcoin craze that took the financial markets by surprise. Bitcoin is just one use case of this blockchain technology. There are a number of use cases of this globally distributed ledger.
Hence, there's a lot to know about this fast emerging technology.
Here, you shall know about one use case i.e. blockchain and finance. How blockchain is changing the financial industry or is ready for it?
1. Cryptocurrency: This has surely disrupted the financial markets. The use and acceptability of altcoins in some countries has made it even more popular. It is entering the payment system at a much faster pace than it was thought to be. While some other countries have plans to regulate it.
2. Banking system: The global banking system is another area which is significantly getting affected by blockchain. A good example is popular cryptocurrency called "Ripple" that easily connects payments across different networks.
3. Insurance sector & Other Financial institutions: Blockchain technology, a digital revolution that is changing the world and its impact on the financial industry is already seen. A number of global financial companies are actively testing to harness the maximum benefits of this robust blockchain technology.
There are bright chances of spreading the use of blockchain to some mainstream financial utilities.
What is your opinion on blockchain? Do you feel it as the next big thing in the financial industry around you? or Is it still in the nascent stage still to add much more to its features.
Anyways, we can't deny the fact, that this digital transformation is all set to connect users across the globe.
Let's see how fast and how far this can lead to in the coming days.
RE: Hello All, Welcome to FINTRAKK Personal Finance Forum!
FINTRAKK FORUM: IT'S COMPLETELY FREE TO JOIN An initiative to create financial awareness around! Topics explained in a simple language! You are invited to share your queries and ideas on any financial topics.
Basic investment topics as well as a bit complex ones for the common man to understand easily. Keep discussing and be a part of our growing group!
Hello All, Welcome to FINTRAKK Personal Finance Forum!
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