CRYPTOCURRENCY AND BUSINESS

 

JORDAN BELFORT- "The wolf of wall street" recently shared another admonitory episode from his life , this time not his bacchanalian orgies but his victimhood. A hacker broke into his account and transferred funds worth $30000 to a seperate account.

 

This incident is a source of apprehension as well as jubilation for Indian bussinessesIt is a source of hope and jubilation because it accentuates the low cost and easy transferrability of cryptocurrency.Most businesses fail to transcend domestic frontiers due to lack of speedy fund transfer services at minimal costs but as cryptocurrency widens its reach among consumers , businesses will bask in their domestic as well as international glory.

 At the same time the incident may add to the frustration of businesses due to the lack of sufficient data protection which encourages hacking. Moreover the recent downward surge in the value of cryptocurrency may expose Indian businesses to the risk of easy degradation in financial wealth.

 The need is for an RBI-backed digital asset ,which is well felt by Indian authorities and hence the same was announced in the recently concluded budget session.

By Pratyksha Mishra

 

 

Droupadi Murmu's Presidency

 

RASHTRAPATNI   - The deliberate sexist remark made by a congress MP to our honourable President Ms Droupadi Murmu symbolises impediments on the path of women who attempt to overcome patriarchal norms of the society. Her rise through the ranks is important not only for womanhood but also for all the marginalised communities of India.

 

Ms Murmu's appointment brings extreme pride to India at a time when the military dictatorship of Mayanmar undemocratically ousted  a true leader Ms Aung San Suu Kyi, Women of Saudi Arabia grapple with regressive patriarchal laws, Girls of Afghanistan struggle to get access to formal education,Women of the US fight for their reproductive autonomy.

 

Education is the most potent tool to propel onself forward in society.Droupadi Murmu - a highly educated leader gives immense hope to the girls who are unable to access education due to conventional stereotypes. We expect Ms Murmu to bring policies that give all women absolute access to this tool.

A bill regarding reservation of seats for women in governance is still pending in the parliament . Ms Murmu's appointment gives us fresh hope that the bill will be passed soon.

At a time when India aspires to be  ATMANIRBHAR , Ms Murmu must bring changes that help enterprising women from rural particulary tribal areas to become ANTMANIRBHAR while making India self reliant in a global village through handicrafts, traditional artecrafts and other items in which these women carry expertise.

 

Droupadi Murmu is a lady who rose above many personal tragedies to make an Identity of her own.She is a big inspiration and embodiment of hope for every daughter of this soil.

 

By Pratyksha Mishra