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Tag: Digital currency

Why Digital Money More Secure Than Traditional Banking

Why Digital Money More Secure Than Traditional Banking

Technology, Internet
Today, the world has become more digital than ever. People are becoming aware that technologies are creating easy and uncomplicated lifestyles for them. One such technological revolution is the advent of digital payments. Electronic payments prove to be a more convenient and secure alternative to cash and traditional banking. As cryptocurrencies and other digital payment systems rise in popularity, there is an ever-increasing need to understand the advantages and cyber threats, such as cryptojacking, associated with them. In this article, we will explore digital money, its advantages, and why it is more secure than cash and traditional banking. What is Digital Money? Digital money is a type of currency that is stored and transferred electronically. It is a form of currency...
Opay App vs. Other Mobile Payment Apps in Africa

Opay App vs. Other Mobile Payment Apps in Africa

Technology, Software
The rise of mobile payment systems in Africa has revolutionized how people transact with each other and with businesses. One of Africa's most popular mobile payment apps is the Opay App. Opay App is a mobile payment system that was launched in Nigeria in 2018. It was created by Opera Software AS, a Norwegian software company that specializes in web browsers and mobile applications. Mobile payment systems are digital systems that allow individuals to make payments using a mobile device such as a smartphone or tablet. These systems use mobile apps or web-based platforms to transfer funds from one party to another, typically through a linked bank account, credit card, or other payment services. Mobile payment systems have become increasingly popular due to their convenience and acc...
Art of Public Speaking: Tips and Tricks for Success

Art of Public Speaking: Tips and Tricks for Success

Career, Career Advice
Public speaking is a crucial aspect of human communication that can shape your career and personal life. Whether you are presenting to a group of colleagues or speaking at a conference, it is essential to have strong public speaking skills. The art of public speaking can be challenging, but with the right tips and tricks, you can become a confident and effective speaker. In this article, we will explore the art of public speaking and provide you with tips and tricks to help you succeed. What is the Art of Public Speaking? The art of public speaking is the process of communicating effectively with a group of people. It involves delivering a message with clarity, confidence, and impact. Public speaking is not just about giving speeches; it also involves presenting ideas, leading me...
Pros and Cons of Cashless Policy to Economy Growth

Pros and Cons of Cashless Policy to Economy Growth

Business, Finance
In recent years, cashless policies have gained popularity worldwide, especially in developed countries, as a way to enhance the efficiency and security of financial transactions. Cashless policy, as the name implies, refers to the adoption of electronic means of payment in place of physical cash. A cashless policy is a government or business decision to encourage or require the use of electronic payment methods, such as debit and credit cards, mobile payments, and online banking, instead of cash for financial transactions. The goal of a cashless policy is to reduce the use of physical cash, which can be costly to produce, store, and transport, and can also be susceptible to theft and counterfeiting. The cashless policy is aim to increase efficiency, reduce the informal econ...
How CBN Cashless Policy Impact Nigeria’s Economy

How CBN Cashless Policy Impact Nigeria’s Economy

Business, Finance
In an effort to enhance the efficiency and security of the Nigerian financial system, the Central Bank of Nigeria (CBN) introduced the Cashless Policy in 2012. The policy, which is aimed at reducing the amount of physical cash in circulation, has had a significant impact on the Nigerian economy. The CBN Cashless Policy is a set of guidelines introduced by the Central Bank of Nigeria to encourage the use of electronic payment channels for transactions in the country. The policy seeks to reduce the amount of physical cash in circulation and promote financial inclusion by encouraging the use of electronic payment channels such as Automated Teller Machines (ATMs), Point of Sale (POS) terminals, mobile banking, and internet banking. In this article, we will discuss the impacts of...
Why ByBit is a Reliable Cryptocurrency Exchange

Why ByBit is a Reliable Cryptocurrency Exchange

Cryptocurrency, Business
ByBit is a platform for trading cryptocurrency derivatives, specifically perpetual contracts. A perpetual contract is a type of derivative that does not have an expiry date and mimics the underlying spot market price. What makes ByBit stand apart is that it is a subsidiaries trade. In addition to the conventional elements of trading, you can likewise purchase derivatives, making this trade best for brokers with some insight. They likewise have a figure out how to-procure segments and marking choices for a wide range of clients. The platform offers trading in Bitcoin Ethereum EOS XRP With leverage up to 100x, allowing traders to magnify their profits or losses. The platform features 24/7 customer support, advanced trading tools, a secure platform, and fast execution spe...
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