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Ubiquitous and affordable satellite narrowband IoT network: Core competency of Skylo Technologies: Angira Agrawal, Chief Operating Officer, Skylo Technologies
0:00 Intro
0:08 How does #Skylo differentiates from competition?
2:13 What are the core competencies of #Skylo?
3:16 What are the veticals you are targeting as the growth engine?
7:11 How are #Skylo products positioned globally?
8:10 Kindly brief about the recent partnership with the #BSNL
9:01 How #Skylo brings value to #India as far as #B2B businesses are concerned?
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Ubiquitous and affordable satellite narrowband IoT network: Core competency of Skylo Technologies
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#Cabinet #semiconductors #Intel
CBDCs can enhance and facilitate ease of digital payments
The world has been transforming to go digital, even before Covid-19, cash use in payments was declining in some advanced economies. Central banks are actively researching the pros and cons of offering a digital currency to the public that is central bank digital currency (CBDC). We can’t deny the fact that central banks have gone a long way towards establishing the potential benefits and risks. CBDC is a digital form of central bank money that is different from balances in traditional reserve or settlement accounts. CBDC would offer a new type of widely accessible, digitally issued money. Importantly, CBDC will not be a cryptocurrency. Cryptocurrencies are designed to work without a central issuing or controlling authority, have a fixed or system-determined money supply, and use distributed ledger technology to record and validate individual transactions using cryptography (blockchain). The central banks retain complete control over the currency and its issuance and in most of the cases will track and certify transactions through a centralized ledger. The CBDC could be an important instrument for central banks to continue to provide a safe means of payment in step with wider digitalisation of people’s day-to-day lives. CBDCs can enable the banks to not only enhance digital payments but also facilitate ease of payments at the very last mile. It can also help the central banks to reduce the cost, effort, and time spent on printing currencies, managing physical money, and spending efforts towards surveillance and keeping track of counterfeit notes etc.
These developments have resulted in many central banks and governments stepping up efforts towards exploring a digital version of fiat currency and its advantage as the digital currencies is that they are available ubiquitously i.e., as and when a customer needs it. It can also circumvent the middlemen who
Technology video | 135 views
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Announcing his formal entry into politics, critically-acclaimed actor Prakash Raj on Tuesday said he will contest as an independent candidate in the 2019 Lok Sabha elections. 'Happy New Year to everyone. A new beginning... more responsibility.. with your support I will be contesting in the coming parliament elections as an independent candidate. 'Details of the constituency soon. Ab ki baar Janatha ki Sarkar in parliament too...,' the Bengaluru-born Raj said on Twitter.
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