A Study of the Impact of Crypto Currency on the Indian Payment system

2021 ◽  
pp. 310-316
Author(s):  
Abhishek Kumar
Keyword(s):  
Financial Stability ◽  
Technological Development ◽  
Payment System ◽  
Payment Methods ◽  
Smooth Flow ◽  
Payments System ◽  
The People ◽  
The Face ◽  
Pricing Factors ◽  
The Impact

Payment systems form an integral part of any emerging economy. A payment system should be safe, secure, reliable, and accessible. It will help in expanding financial inclusion and bringing financial stability. An efficient payment system helps in the smooth flow of payments and mitigation of risks and smooth functioning of the economy. It helps in fostering confidence in individuals about the use of payment services. Technological development has helped in changing the face of payments system from cards (credit/debit card) to wallets (Paytm/Phonepe etc.) to Unified Payments Interface (UPI) and Quick Response (QR)codes. It has not only introduced us to new payment methods but also strengthen the traditional payment methods. It has become an important part of our daily life. It has empowered us and made our life easier by offering services at our fingertips round the clock. The latest addition to these is cryptocurrencies like Bitcoin, Ether, Ripple, etc. Cryptocurrencies are one of the first applications of Blockchain technologies.it has removed the need for intermediaries and exert pressure on the existing framework. The attributes of cryptocurrency framework like decentralized network, no intermediaries, and the lack of stable pricing factors do not let it unlock its true potential. The future of Cryptocurrency is uncertain. Whether it will be accepted globally or still be traded via unauthorized means. Every problem allows for finding a solution. The regulators should come up with policies, which will help in shaping the payments system for the betterment of the people, by using the positive attributes of cryptocurrencies and coordinating with the Global peers.

scholarly journals QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System Quarter IV - 2011

2012 ◽  
Vol 14 (3) ◽  
pp. 221-223
Author(s):  
Author Team of Quarterly Report Bank Indonesia
Keyword(s):  
Economic Performance ◽  
Financial Stability ◽  
Payment System ◽  
The Impact

The Board of Governor Meeting of Bank Indonesia today decided to maintain the BI rate at the level of 6.0%. This decision is based on thoroughly examination on the recent economic performance, several recent risks, and the prospect of the economy. The Board of Governor view the level of BI rate is consistent with the targeted inflation ahead, and is conducive to maintain the financial stability, and also to mitigate the impact of global prospect on Indonesian economy.

scholarly journals Financial Technology as Payment Methods in the Digital Era

2021 ◽  
Vol 1 (1) ◽  
pp. 9-16
Author(s):  
I Budiarti ◽  
F Hibatulloh ◽  
M Salman
Keyword(s):  
Technological Innovation ◽  
Financial Services ◽  
Business Models ◽  
Industrial Revolution ◽  
Payment System ◽  
Advantages And Disadvantages ◽  
Payment Methods ◽  
Digital Era ◽  
The Impact ◽  
Financial Technology

FinTech is defined as technological innovation in financial services that can produce business models, applications, processes, or products with material effects related to financial services provision. This study aims to analyze the impact of developing a digital payment system and prevent inflation due to a large amount of cash in circulation. The method used in this study is qualitative. Fintech technology is very beneficial for the community, especially in industrial revolution 4.0, where this digital payment system has advantages and disadvantages. The advantages are efficiency and safety, while the disadvantages are higher interest costs. This digital payment system can minimize inflation due to the large amount of money circulating in society.

scholarly journals The impact of language in conflicts over urban coyotes

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Megan M Draheim ◽  
Susan A Crate ◽  
E C M Parsons ◽  
Larry L Rockwood
Keyword(s):  
Content Analysis ◽  
Significant Role ◽  
Native Species ◽  
Qualitative Content Analysis ◽  
The Other ◽  
Perceived Threat ◽  
Suburban Areas ◽  
The People ◽  
The Face ◽  
The Impact

Abstract Wildlife managers and others charged with resolving human-coyote conflict in urban and suburban areas cannot focus solely on ecology and coyote behavior. The perceptions of the people living in the affected communities play a significant role in the resolution of human-coyote conflict. In this study, we explore how residents of two communities in suburban Denver, CO, USA, mentally processed, made sense of, and acted upon human–coyote interactions in the face of conflict. By conducting interviews and using qualitative content analysis to explore existing documents, we examined how the use of language reflected and exacerbated the conflict over coyote management. Themes of violence, crime and war ran throughout our data. Anger and accusations of extremism were prevalent. Closely tied to the violent language and imagery used was a discussion of tolerance and intolerance, taking what is generally human-centric language and using it with wildlife. In addition, labeling coyotes as not belonging in an area (although they are a native species) further increased the urge to protect family and pets from the perception of the threat against ‘the other’, sometimes expressed in inflammatory language. Political and other messaging can either enhance or reduce a sense of threat, and we found that the language used in this debate enhanced the perceived threat of both coyotes and policy opponents. Finding ways to defuse this language could be a step toward a greater understanding of how to live with local wildlife in a way that minimizes harm to people and to the animals.

Simulation Approaches to Risk, Efficiency, and Liquidity Usage in Payment Systems

2013 ◽  
pp. 69-83 ◽  
Author(s):  
Tatu Laine ◽  
Kasperi Korpinen ◽  
Matti Hellqvist
Keyword(s):  
Financial Stability ◽  
Global Financial Crisis ◽  
Payment System ◽  
Agent Based Modeling ◽  
Payment Systems ◽  
Agent Based ◽  
Risk Monitoring ◽  
The Face ◽  
Modern Economic ◽  
Institutional Linkages

Payment systems constitute a critical aspect of modern economic infrastructure; yet understanding the payment system mechanisms remains elusive in the face of rapidly evolving financial markets and intricate institutional linkages. Computer simulations of payment systems have proven useful in determining optimal balances of risk, efficiency, and liquidity usage. Constructs such as gridlock-resolution algorithms and liquidity-saving mechanisms are now routinely applied in such areas as optimization of liquidity and payment delay, but can also be used to assess potential impacts of changes in policy or system setups. In addition, simulations can be extended to incorporate behavioral elements of participants by modeling their behavior with Agent-Based Modeling (ABM). The 2008 global financial crisis has increased interest in simulations to identify and quantify risk, particularly where new channels of contagion and complex interlinkages of markets and payment systems are involved. Payment system simulations offer central bank authorities broad possibilities to improve their risk monitoring and should be incorporated as a standard part of financial stability analysis.

scholarly journals Continuity and change: the voices of Scottish librarians

2019 ◽  
Vol 28 (4) ◽  
pp. 395-413 ◽  
Author(s):  
Emma Davidson
Keyword(s):  
Public Libraries ◽  
Historical Context ◽  
Public Library ◽  
Library Services ◽  
Ongoing Research ◽  
Continuity And Change ◽  
The People ◽  
The Face ◽  
The Impact ◽  
Foundational Belief

This article reflects on the evolution of public libraries in Scotland and, in particular, the impact and consequences of austerity measures on Andrew Carnegie's foundational belief that public libraries are for the ‘good of the people’. It does this first by situating Scottish libraries in their historical context and examining MacDougall's (2017) rich accounts of those working in the sector from the 1930s to late 1990s. This was demonstrably a period of profound social change, and one which offered the sector multiple opportunities. Library services were able to evolve and expand, both as a profession, and in their position as a core public service in local communities. The second part of the article turns to data collected as part of ongoing research funded by the Leverhulme Trust on the value of the modern public library. The accounts presented are from those currently working with, and for, public libraries. Continuity is observed in the fundamental principles that library staff aspire to uphold. The critical change is in their ability to deliver these principles in the face of ever-increasing austerity cuts, experienced as a continual ‘chipping’ away of services. This, combined with growing demands for welfare services from communities increasingly burdened by poverty, means the library service is more important than ever before – yet in a greater position of precariousness.

scholarly journals Effect of Virtual Reality Technology on the Accomplishment of the Natural Self-Existing In Virtual Interior Space

2018 ◽  
Vol 13 (1) ◽  
Author(s):  
Ibrahim Jawad Kadhim ◽  
Zahra Mohamed Mosa
Keyword(s):  
Virtual Reality ◽  
Technological Development ◽  
Theoretical Framework ◽  
Virtual Space ◽  
Human Beings ◽  
Virtual Reality Technology ◽  
Interior Space ◽  
The People ◽  
Impact Of Technology ◽  
The Impact

due to the major technological development happened in the last 20 years, technology had great role in changing the architectural constants and classifying its priorities. Many studies focused on technology notion and its application in architecture. But they did not focus on the rule of technology to realize Human reliance on internal and external spaces in which the people spend most of their time in.The information technology with its developments has great impact on actions & behaviors of human beings. Here the research idea in “Lack of sufficient scientific knowledge about the impact of technology of virtual reality to achieve the existential nature of the personality in virtual space. The search aimed to discuss "Clarifying the role of virtual reality technology to establish an internal virtual theoretical framework of space which seeks to achieve human existential lost in realistic space achieving the goal required having Comprehensive theoretical framework .This theoretical framework as a first stage of theoretical framework .The second stage of tries to clarify the main levels of the practical study to clarify truth fullness of indicators achieved through out:selecting items of theoretical framework. The final conclusions of the research which include theoretical framework conclusions, application results conclusions.

scholarly journals Effect of Virtual Reality Technology on the Accomplishment of the Natural Self-Existing In Virtual Interior Space

2018 ◽  
Vol 13 (1) ◽  
Author(s):  
Ibrahim Jawad Kadhim ◽  
Zahra Mohamed Mosa
Keyword(s):  
Virtual Reality ◽  
Technological Development ◽  
Theoretical Framework ◽  
Virtual Space ◽  
Human Beings ◽  
Virtual Reality Technology ◽  
Interior Space ◽  
The People ◽  
Impact Of Technology ◽  
The Impact

due to the major technological development happened in the last 20 years, technology had great role in changing the architectural constants and classifying its priorities. Many studies focused on technology notion and its application in architecture. But they did not focus on the rule of technology to realize Human reliance on internal and external spaces in which the people spend most of their time in.The information technology with its developments has great impact on actions & behaviors of human beings. Here the research idea in “Lack of sufficient scientific knowledge about the impact of technology of virtual reality to achieve the existential nature of the personality in virtual space. The search aimed to discuss "Clarifying the role of virtual reality technology to establish an internal virtual theoretical framework of space which seeks to achieve human existential lost in realistic space achieving the goal required having Comprehensive theoretical framework .This theoretical framework as a first stage of theoretical framework .The second stage of tries to clarify the main levels of the practical study to clarify truth fullness of indicators achieved through out:selecting items of theoretical framework. The final conclusions of the research which include theoretical framework conclusions, application results conclusions.

scholarly journals Amazônia Brasileira na Pandemia: A Difícil Missão de Sobreviver ao Coronavírus e à Crise Política do País

2020 ◽  
Vol 14 ◽  
pp. 47-58
Author(s):  
Bárbara Cruz ◽  
◽  
Keyword(s):  
Indigenous Peoples ◽  
Historical Context ◽  
Amazon Rainforest ◽  
Political Crisis ◽  
The Political ◽  
The People ◽  
The Face ◽  
History Of ◽  
The Moment ◽  
The Impact

This article has as main objective to discuss the impact of the Coronavirus pandemic on the Brazilian Amazon, its consequences and conflicts not only in the forest but also in the people living in the region, especially the situation of indigenous peoples and how COVID-19 has been impacting the tribes directly and indirectly, through the exposure of opinions, facts and historical context, factors of paramount importance that help to build the current panorama of the Amazon within the pandemic. In addition, this article aims to analyse the political crisis that Brazil is facing at the moment and how it influences the impacts suffered by the Amazon macro-region, in order to highlight the need for discussion — now more than ever —, to protect and preserve Amazonian diversity in the face of a government that omits responsibility for the prevention of Amazonian identity. The concern with the Amazon rainforest is not something recent, however the current moment is decisive in the history of the largest tropical forest in the world.

scholarly journals Pribumi Subaltern dalam Novel Lampuki Karya Arafat Nur (Kajian Poskolonial Gayatri C. Spivak)

2020 ◽  
Vol 13 (2) ◽  
pp. 155
Author(s):  
Sulistianawati Sulistianawati
Keyword(s):  
Sexual Harassment ◽  
Descriptive Analysis ◽  
Military Operations ◽  
Colonial Era ◽  
The Public ◽  
The People ◽  
The Face ◽  
The Military ◽  
The Impact ◽  
Underground Movements

ABSTRAKPribumi subaltern menjadi subjek nyata adanya gejolak penindasan oleh serdadu pemerintah dan gerakan bawah tanah dalam situasi Aceh yang telah beralih menjadi Daerah Operasi Mililiter. Tujuan penelitian ini mendeskripsikan penyalahgunaan tahta tertinggi, adanya pemberontakan gerakan bawah tanah sebagai bentuk perlawanan, dampaknya bagi kaum subaltern seperti pelecehan seksual, mentalitas down, dan dimiskinkan. Data diperoleh dengan teknik pustaka dari sumber tertulis berupa kata dan kalimat dalam novel kemudian dianalisis dengan metode analisa deskriptif. Hasil penelitian menunjukan dominasi kekuasaan penguasa superior yang menduduki tahta tertinggi, dua bentuk perlawanan berupa caci maki serta aksi pemberontakan, dan dampaknya bagi subaltern begitu signifikan memunculkan keterpurukan, semakin merajalela pelecehan seksual, mentalitas down akhirnya termiskinkan. Pada akhirnya subaltern semakin lemah, ketakutan dan tak berdaya. Adanya persekutuan pemberontak sebagai akibat mentalitas era kolonial yang masih menjarah pemikiran masyarakat. Pada dasarnya penjajahlah yang menjadi cikal bakal adanya teroris dan pemberontakan. Penelitian ini diharapkan memberikan sumbangsih untuk mendukung kebijakan pemerintah mendisiplinkan politik agar tidak mengalami carut-marut. Serta menjadi pengingat bagi masyarakat akan masih adanya gerakan bawah tanah dalam bentuk apapun yang mengancam keberlangsungan hidup masyarakat lain, dalam menghadapi kolonialisme yang masih berkembang hingga saat ini.Kata kunci: subaltern, poskolonial, perlawanan, pemberontakABSTRACTSubaltern natives are the real subject of the turmoil of oppression by government troops and underground movements in the Aceh situation which has turned into the Military Operations Area. The purpose of this study is to describe the abuse of the highest throne, the existence of an underground movement rebellion as a form of resistance, the impact on the subalterns such as sexual harassment, down mentality, and impoverished. Data obtained by library techniques from written sources in the form of words and sentences in the novel and then analyzed by descriptive analysis method. The results showed the dominance of the power of superior rulers who occupied the highest throne, two forms of resistance there are in the form of insults and acts of rebellion, and the impact on subalterns was so significant that it leds to adversity, increasingly rampant sexual harassment, the down mentality finally impoverished. In the end the subaltern is getting weaker, frightened and helpless. The existence of the rebel alliance is as a result of the mentality of the colonial era which still plundered the minds of the people. Basically, invaders are the embryo of terrorists and rebellion. This research is expected to contribute to support government policy to discipline politics. Therefore, it does not experience chaos. As well as a reminder to the public of the existence of underground movements in any form that threatens the survival of other communities, in the face of colonialism that is still developing today.Keyword: subaltern, postcolonial, resistance, rebel

scholarly journals E-marketing in MSMEs Managed by Elderly Adults and Young Adults in Aguascalientes, Mexico

2021 ◽  
Vol 14 (8) ◽  
pp. 100
Author(s):  
Juan R. Gutierrez-Velasco ◽  
David Cabral-Olmos ◽  
Jose T. Marin-Aguilar
Keyword(s):  
Young Adults ◽  
Textile Industry ◽  
Business Performance ◽  
Research Problem ◽  
Structural Equations ◽  
Business Success ◽  
The People ◽  
The Face ◽  
Relationship Of ◽  
The Impact

The city of Aguascalientes, characterized by having been a pillar in the textile industry in Mexico, has proven to have entrepreneurs who have managed to survive in the face of changes in the economy that redirected productive activities towards industrial manufacturing. The research problem consists of the little knowledge that entrepreneurs have of the digital tools to implement in their businesses and their effects. Thus, the objective of this work is to contrast the impact of the use of e-marketing on business success, according to the age of the people who manage companies in this sector. This research was carried out by means of structural equations, in order to determine the relationship of each of the constructs in the proposed model applied to this group of companies. The results achieved show that E-marketing has a positive and significant influence on business performance; Furthermore, this variable has a greater influence on the micro-enterprises of the textile sector of Aguascalientes managed by young adults.

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