Category: Technology

You don’t have to have millions to start your cryptocurrency investment, but you must be realistic and cautious about what you expect to get in return and all the risks involved.

Cryptocurrency investment can be challenging, but with research and advice from the right people, you can get the hang of it within no time and start seeing your gains. While Bitcoin is the most popular cryptocurrency, you need to know that there are many other cryptocurrencies to invest in.

Before investing in cryptocurrency, ensure that you have a fast and robust internet connection and have all the necessary documents to verify your identity. The other steps you need to follow to buy, sell and manage cryptocurrency are:

Choose a cryptocurrency wallet

Digital wallets are where you store cryptocurrency, and you need to have one before you start buying any crypto. You can choose between a cold and hot wallet. Cold wallets are physical hardware-based digital wallets to store cryptocurrency that you have not connected to the internet. They have multiple security layers, making them hard to hack.

On the other hand, hot wallets are software-based connected to the internet that comes mainly in the form of apps.

Some of the most popular wallet companies are Trezor and Ledger. You can also get a digital wallet on a crypto exchange package, for example, the one that comes with a Coinbase account.

Set up the crypto wallet

If you have a software wallet, all you need to do is create an account using a username and password, then enable two-factor authentication. If your wallet comes as part of your crypto exchange account package and the exchange operates KYC, you must provide certain documents for identity verification.

Unlike standard hot wallets, non-custodial wallets are not third-party hosted. They provide you with a randomly generated seed phrase or private key around 12 words long, which you have to store offline.

Cold wallets also give you a randomly generated key, 24 words long. However, you still have to create a PIN to access your wallet. You can also choose a paper cold wallet, which gives you a public and private key printed on paper for added security.

Choose an exchange

After setting up your crypto wallet, it’s time to pick an exchange and make your first transaction. Ensure the exchange you choose is regulated by the US Securities and Exchange Community like Coinbase, Gemini, Kraken, Crypto.com, and eToro.

Research the exchanges to see what other cryptocurrencies they offer and their security measures. You can also research other exchanges on the internet like https://www.okex.com/buy-crypto, which is suitable for beginners and experts.

Buy and sell crypto

Some exchanges have buy and sell buttons, where you need to enter how much you want to buy or sell. You have to submit an order like in a conventional stock exchange on others. The standard orders are market order, stop order, and limit order.

Market order lets you buy a certain amount of Bitcoin at the market price, stop order sets a price for you to sell or buy Bitcoin, and the limit order instructs the exchange to sell or buy Bitcoin at a specific price or better. If you are looking for a trusted and secure cryptocurrency exchange, visit https://www.okx.com/markets/prices to access a large marketplace.

Managing your assets

One of the most common and successful strategies to manage Bitcoin investment is to buy and hold them, holding them for a long term hoping for a high average return.

You can also use the dollar-cost-average approach, where you buy Bitcoin after a certain period without looking at the price changes. Sometimes you will buy when the prices are low and other times when the prices are high, but in the long run, the prices will cancel out and give you an average high return.

Although cryptocurrency has become trendy in the past few years and the highest interest has been noticed among younger investors. There are different reasons why this currency has that much interest. After Bitcoin, which become the most popular cryptocurrency, there are Shiba Inu and Dogecoin that buyers have loved the most. For those who have started with investing in the first crypto coins, it was the payable investment. 

What affects the cryptocurrency market?

Unfortunately, the crypto market is not as stable as we expect from fiat currency, equities, or real estate assets. Since it is a young type of investment, there are surprising drops in value. Some experts describe it as a new Wild West of the financial world.

According to experts, there are more than 17,700 different cryptocurrencies, and each of them has value and buyers that invest in them. It is questionable how much currencies are regulated by governments in different countries. On the other hand, in a bunch of misleading information, it is hard to define what is right news and information and what is just propaganda.

How to choose the best cryptocurrency to invest in 2022?

There are a few steps that you can make to choose the most valuable and safe cryptocurrency to invest in. Keep in mind that the crypto market is fragile and extremely volatile. In less than four months it has fallen 42%, meaning that investing in it led to losing half your money. 

However, do not be that pessimistic. There are ways to avoid these terrifying mistakes. Invest money that you will not need for the next five years. Do never borrow money for investing in cryptocurrency, because it represents a high risk.

In this market there are different rules than in any other place. You, as an investor, must have a trustworthy portfolio that will open doors that common buyers and newbies cannot pass through. A well-diversified portfolio is an asset that you can own as an investment, too.

The most important thing is to do your research, on the internet, or similar networks. Always check on different sites what experts say about the currency. There are predictions and expectations worth mentioning, too. Do not hesitate to look for help in investing.

Where to buy the best cryptocurrency to invest in 2022?

There are a lot of places where you can invest your money. Some of them have a long tradition in this field, existing from the beginning of the crypto money on the market. Other ones are worthy of mentioning, but still not that good for new currencies and investors without experience. It is not a shame to look for help finding the best crypto exchange on the internet, though.

Which are the best cryptocurrencies to invest in 2022?

Choosing the most affordable, safe, and payable currency is much harder than you may think. Even the most clever and experienced traders make mistakes when buying crypto money. Nobody can predict what will happen with the currency in months to come, even harder to predict years to come. So, always be prepared to withdraw your money and invest small amounts of money at the beginning. We listed the most popular and favorable cryptocurrencies worth investing in 2022.

Bitcoin

It is hard to find a person in the world who does not know what Bitcoin is. As the matter of fact, most of us have entered the world of crypto coins thanks to this currency. Created in 2009. by a mysterious investor hidden under the pseudonym Satoshi Nakamoto, this currency has grown to the most popular and the highest money transaction in the network. The way of mining is still questionable, but its value is constantly growing.

Ethereum

It is not only a cryptocurrency but also a blockchain platform, which facilitates trading and holding of the currency in virtual wallets. As the opposite of most technologies and platforms, Ethereum blockchain is also programmable because it is more than a system of record. You can use it as a potential application like so-called smart contracts used when conditions are met and non-fungible tokens like NFT. It means that you can use it to run self-executing computer programs called smart contracts, which are the heart of decentralized applications (dApps) and decentralized finance (DeFi) services. The growth from the starting price in 2016 until now is more than 27,000%. Good enough to consider it as a stable currency to invest in. 

Tether

There is a very important difference between Tether and other currencies. It is a special form of stablecoin, which stands for a currency that is backed by fiat currencies like US dollars or euros. It should be enough for keeping the stability and value of the currency and supporting the currency at the place of the most consistent currencies on the market. This should help buyers who are afraid of the extreme volatility of other coins. Buyers confirmed that it is good enough for investing in years to come so the market cap of the currency is $79 billion. 

Binance Coin

This should be a currency that you can use to trade on a special platform called Binance, one of the largest crypto exchanges in the world. Maybe it is a reason why the currency is that popular among buyers and investors, and valuable and stable even after five years of existence. Not only that you can use it for purchasing crypto coins, but there are also other usages of the currency. You can use it for payment processing, trading and even booking travel arrangements. Thanks to the fact that you can trade it for other forms of currencies, like Bitcoin and Ethereum, Binance Coin represents an interesting currency for investing. The growth of the currency from releasing is 410,000%. 

Which are the best cryptocurrency to invest in 2022?

In the end, it is still not concluded which currency is the best cryptocurrency to invest in 2022. Depending on your interest, the amount that you want to invest, and the information you have, you should make your own decision. Crypto exchanges are similar to brokerage platforms, so they will provide the tools you need when buying and selling currencies. Before buying always check for support assets, security, fees, and payment methods.

The SaaS industry is experiencing a boom, and forward-thinking companies can develop an exceptional profit margin with the right product.

For your SaaS business to stand out from the crowd and generate a huge ROI, it must develop an engaging marketing strategy.

As the sector is rife with competition, you’ll need to focus on promoting your software, increasing confidence in your brand, and setting your business apart from its rivals.

If you’re ready to create a clever campaign, check out these four marketing tactics your SaaS brand might not have tried.

1. Rev-Up Your Revenue with Referral Marketing

It is foolish to overlook referral marketing, as it is the online equivalent to word-of-mouth advertising.

Your company must encourage as many customers as possible to recommend your product to their friends, family members, or professional network in-person or via digital platforms, such as LinkedIn or email.

The more recommendations your current customers make, the more leads you could generate each month and the bigger your business’s annual profit margin.

As a referral will come from a person they know, a prospective customer is more likely to trust your brand and place an order.

Encourage customers to refer your brand by introducing a customer referral program or providing access to a premium feature for a successful referral.

Dropbox is a great example, as the company promises to provide its users with extra storage after successfully inviting friends.

The innovative tactic helped the brand grow from 100,000 users to 4 million in 15 months.

2. Promote Your Insurance Policy

Modern consumers expect SaaS companies to provide fast, stable, and effective software.

The last thing they will want is for a product to let them down when they need it, which is why they will want to buy from a dependable company.

Promoting your business insurance coverage will give customers peace of mind that you can recover their lost income or pay for a lawsuit following a service outage.

The right insurance policy could help your business financially recover from a serious business error, defense fees, or a business interruption.

3. Simplify the Sign-Up Process

A long sign-up process for a SaaS product will cause prospective customers to feel frustrated and bored.

Make sure you don’t lose an order by simplifying the sign-up process on your website. For instance, reduce the initial steps to maintain a customer’s interest and help them place an order quickly.

Remember, some customers might not feel committed to buying your product, and a lengthy sign-up might give them more time to think twice about placing an order.

4. Minimize Software Options

More products equal more customers, right? Wrong. While you might believe a vast array of products will increase sales, too many options may confuse your customers or provide too much to consider.

Rather than missing out on many orders, minimize your software options to simplify your customers’ choices. This will ensure they find the exact product for their requirements and budget, and they won’t need to study different packages to avoid making a mistake.

Businesses deal with huge volumes of data daily, and maintaining the quality of this data is critical for making the best business decisions and propelling the company forward. 

Quality data must be translated into a digital medium with the help of a data entry system to manage and preserve it effectively. It aids in the reshaping and refinement of datasets that can be utilized for analytics to extract useful information. Data science applications and delivering value to clients both benefit from accurate data.

What Is Data-Science Decision Making?

Data-science-driven decision-making (DDDM) is a method of gathering information based on quantifiable objectives, analyzing patterns and facts from these findings, and implementing methods and approaches that benefit the company in various ways.

Primarily, data-driven decision-making (DDDM) includes achieving key business goals depending on verified, analyzed facts rather than your intuition. Having said that, the data must be accurate and relevant to your objectives to derive true value. Collecting, retrieving, structuring, and evaluating insights for improved data-driven decision-making in business used to be a massive task prior to the advent of DDDM. Though now, because of the advancement of business intelligence tools, users without significant technical skills may be able to analyze and extract insights from their data that aid in data decision-making.

How Data Science Can Help Leaders and Managers 

Confident Decisions

Once you start gathering and evaluating data, you discover that it is easier to make confident decisions about practically any business situation, whether you are planning to launch or discontinue a product, modify your marketing strategy, or expand into a new market.

Become Proactive

It is natural for a data-driven decision-making process to be reflexive when first implemented. The data offers a narrative to which you and your company must respond. It is possible to exploit data more proactively with enough practice and the correct types and volumes of data.

Cost-cutting

There are various reasons why a company can decide to invest in a significant data effort and make its processes more data-driven. It is already being utilized to decrease expenses and boost productivity in the workplace.

Thankfully, leaders and managers can learn through various short courses online that teach data science essentials to better understand its overall impact on the business.

How Can Managers Become More Data-Driven?

There are several measures managers may take to be more data-driven in their approach to business. 

Identify Patterns

In the most fundamental sense, data analysis is an attempt to find a structure throughout or a connection between numerous data pieces. These patterns and correlations can provide observations and conclusions.

Every Decision Should Be Data Based

When faced with any decision, whether commercial or personal, try to avoid depending on gut feeling or previous experience. Make an effort to adopt an analytical attitude instead.

Visualize Data Significance

Data visualization is an integral part of the data analysis methodology. A table of numbers is meaningless. However, you will be able to easily read trends and come out with conclusions about the data if you create compelling visualizations through graphs.

Therefore, it is clear that you can drive your company to new and thrilling heights by adequately utilizing data and measuring your progress to make informed decisions.

NEW YORK (Dec. 10, 2021) – Sanoat Energetika Guruhi LLC (SEG) and Colorado School of Mines (Mines) have signed an agreement to create an international, English-speaking, American-model university in the Samarkand region of the Republic of Uzbekistan.

SEG and Mines, one of the world’s leading engineering institutions, will collaborate on the establishment of the private university as part of a national programme of improvements to the Uzbek education system.

Samarkand International Technical University (SITU) will educate students to the highest international standards, and train personnel in areas such as mining, metallurgy, gas chemistry, petrochemicals and mechanical engineering, as well as entrepreneurship and leadership. 

The mining and energy sectors make up a significant share of Uzbekistan’s GDP. As the country’s ambitions in the mining and energy sectors continue to grow, there is an acute need to develop local skills and expertise to answer the demands of the new economy. It is anticipated that SITU will train specialists for oil and gas facilities in Uzbekistan, including energy projects in the Kashkadarya and Surkhandarya regions, the Gas Chemical Complex MTO in the Bukhara region, Fergana Oil Refinery, and the Tebinbulak and Temirkan metallurgical projects and others.

“For the new Uzbekistan, which is on the path of political and economic modernization and is successfully carrying out deep socio-political and socio-economic reforms, it is important to increase scientific and academic cooperation and integrate into the international educational system,” said Bakhtiyor Fazilov, SEG’s majority shareholder. “Human capital is the driving force of any positive change, and it is via the implementation of such projects we will provide local businesses and the state with scientific talent and highly qualified personnel to achieve their goals.”

“Colorado School of Mines is honored to contribute our nearly 150 years of expertise in earth, energy and environment toward the creation of Samarkand International Technical University,” said John Bradford, vice president of global initiatives at Colorado School of Mines. “To meet the demands of the global energy transition, we need more scientists and engineers who understand the technical, social, policy and environmental challenges of resource extraction, not just in the United States but around the world. Mines is one of the world’s foremost authorities on the responsible stewardship of the Earth’s resources, and building a school from scratch, as we are with SITU, is an exciting opportunity to rethink engineering education for the 21^st century.”

SITU will offer a broad range of STEM-focused programmes at the undergraduate, graduate and doctoral level. The university will operate various centers for professional development, including a center for the culture and history of Uzbekistan. Education will be provided according to Mines’ programs and curricula.

Under the agreement, which was signed last week in New York, Mines will help initially to develop the university’s Academic Master Plan and curriculum, provide recommendations on campus infrastructure, and assist in the hiring of SITU’s executive leadership and faculty. Mines will also support the creation of an innovation center and laboratory modeled on its McNeil Center for Entrepreneurship and Innovation.

The idea of ​​creating an English language educational center of international format and standards in Uzbekistan in the fields of mining, metallurgy and oil and gas was advanced by Fazilov to contribute to the state’s program of improving Uzbekistan’s education system and ensuring sufficient supply of world-class engineering personnel. SITU has already received the support of Uzbekistan’s leadership and the Mayor’s Office of the Samarkand region, which has allocated land in the suburbs of the city for the university’s campus.

About SEG

Sanoat Energetika Guruhi LLC (SEG), formerly Jizzakh Petroleum, was established to accelerate the development of the energy sector in Uzbekistan. SEG has the rights to exploit 105 oil fields in Uzbekistan. The company has experience of successful cooperation with such international companies as Gazprom, Amec Foster Wheeler (Wood), Axens and others.

About Colorado School of Mines

Colorado School of Mines is a public university focused on science and engineering, dedicated to educating and inspiring students, advancing knowledge, and innovating to address the great challenges society faces today—particularly those related to earth, energy and the environment. Founded in 1874 with specialties in mining and metallurgy, Mines’ scope and mission have expanded to meet the needs of industry and society, producing distinctive graduates and revolutionary innovations, and becoming a world leader in advancing sustainable use of the Earth’s resources.

Natufia, a Saudi Arabia-based agri-technology provider that enables you to grow fresh plants and herbs all year round, has emerged winner of the KPMG Private Enterprise Tech Innovator in the Kingdom of Saudi Arabia competition for 2021. 

Natufia now joins the winning tech innovators from 20 countries worldwide to qualify for the inaugural KPMG Private Enterprise Tech Innovator competition at Web Summit 2021 in Lisbon, Portugal, in November.

Natufia, which goes beyond farm-to-fork to provide herbs and plants from kitchen-to-table since its founding in 2014, was up against four other tech startups in a closely contested competition from BRAQ Aerospace, Juleb, Digital Pharma Company, Mawidy and Tarjama who are shortlisted from 22 applicants in this inaugural edition.

The Natufia Smart Kitchen Garden is an innovative automated garden for every home, offering 100% nutritious herbs and vegetables without GMO or pesticides.  

A panel of four KPMG judges – Dr. Samer Abdallah, Head of ICT Sector, Fuad Chapra, Head of Private Enterprise & Family Business, Mazhar Hussain, Digital Lighthouse Leader, and Buthainah Albaity, Associate Director Private Enterprise and Family Business – chose the final winner after intense deliberations based on six equally weighted categories, including innovation and disruption, market potential, customer adoption, marketing traction, long-term potential, and quality of their pitch.

Dr. Samer Abdallah commented: “The response to the KPMG Private Enterprise Tech Innovator competition was astounding. The competition was pretty intense and demonstrated the thriving and flourishing technology community in Saudi Arabia. Amid innovative ideas and strong pitches from all contestants, Natufia was chosen the winner.”

 “We are excited to be named KPMG Private Enterprise Tech Innovator in Saudi Arabia. We thank KPMG for the opportunity and support received throughout the process. We are all set to head to the Web Summit to share our concept with a global audience,” stated Duaa Albalawi, Chief Botanical Officer at Natufia. 

The award was presented by KPMG in Saudi Arabia Chairman, Dr Abdullah Al Fozan.

About the competition

The KPMG Global Tech Innovator competition is hosted in more than 20 countries around the world. The Tech Innovator finalist in each country will represent their country on the world stage at Web Summit 2021, where they will be given the opportunity to get recognised as the global winner.

Ventum Dynamics Group (VDG) embraces the challenge of achieving a fair transition to a more circular and low-carbon global economy.

See here for more information: Ventum Dynamics AS