Kerala is slowly limping back to normalcy after the devastating floods, loss of property and important documents is among the many unavoidable impacts for many survivors. Transferring and accepting money in flood situation is very difficult. The banks and ATMs won't be opened and the normal people will suffer a lot because of this. If you want to send the relief money to the needy one, you can't send the money without a middleman. This can be easily changed by using Aadhaar and digital money transfer. Some of these methods are detailed in the following sections. We will also look at how the use of Aadhaar and related technology can be handy in keeping your documents safe in such situations too.
Thursday, September 20, 2018
Monday, September 10, 2018
Upside-down world of Cryptocurrencies
This is a repost of my Medium blog post
Cryptocurrencies are projects that aim to create new digital currencies that exist on its own without the need for a government agency to back it up and provide validity. The software ensures that the currency cannot be duplicated or spend multiple times like copy-pasting files on a computer. The software system of the cryptocurrency is a distributed system that resides on multiple systems that communicate among themselves. This means that even if some parts of the systems are taken down, the cryptocurrency would still exist.
Labels:
Bitcoin,
blockchain,
cryptocurrency,
Ethereum,
zCash
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