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August 19, 2022 at 7:23 am in reply to: How can I quickly learn how to build on the blockchain? #928Aashiq RasoolParticipant
I have a lot of experience making software. I taught myself how to use block chain. It took me almost a year to feel comfortable about myself.
The information on the Internet is spread out, so you can’t find everything in one spot. To feel comfortable, you need to read a lot of articles, watch videos, and try things out for yourself. Block chain is becoming more popular, so you should keep your skills up to date. There are a lot of blockchains, programming environments, programming languages, and other things like that. You need to decide what you want to do with what you learn about blockchain.
Having knowledge of web development, mobile app development, etc., helps because the front end will often be a web app or a mobile app.
August 15, 2022 at 11:39 am in reply to: Where do I start if I want to learn how to develop for the blockchain? #947Aashiq RasoolParticipantStart with school:
Have a background in Computer Science or Information Technology from school. Even though you don’t have to have a certain academic background to become a Blockchain Developer, it will assist you understand the Blockchain Technology better.
Learn the technical skills you need:
Before entering the Blockchain Development Domain, you must master these technical skills:
Programming languages, such as Java, C++, Python, and so on.
Data Structures (linked lists, heap, binary trees, hashing, graphs, etc).
Networking and Databases
Cryptography
Learn out what Blockchain is and how it works:
Learn about the architecture of Blockchain, including concepts like consensus, hash functions, and distributed ledger technology. You should also learn about Bitcoin and other important concepts like public and private approaches, decentralisation, and others.
Learn what cryptonomics is: It is mostly about how to understand the economic concepts and processes behind cryptocurrencies.
Learn what Smart Contracts and Solidity are: Solidity is a high-level language that is typed statically and is based on JavaScript. It is used to build smart contracts. Vyper, Simplicity, and other languages can also be used to make smart contracts.
Get some practical experience: It will assist you put your theoretical knowledge to use so that you can learn more about the technology and the tools and platforms that go with it.
Aashiq RasoolParticipantYou want to become a financial expert, but you don’t know where to start?
Don’t worry, a lot of information is at your fingertips, and it’s easy to get started.
Read up on money matters. Libraries, bookstores, and websites can lead you to thousands of books on any money matter you can think of. The Richest Man in Babylon is a good one to start with because it is simple.
2. Take a finance course. Universities offer free online courses on a wide range of financial topics.
Hit the books again. You can learn more by subscribing to publications like The Wall Street Journal or Barron’s, talking to people who work in financial services, or taking courses at the CFA Institute.
4. Talk to people who work in the financial services industry. Talk to a professional financial advisor, a banker, an accountant, and a lawyer. Then listen to what they have to say and learn from it.Aashiq RasoolParticipantTrade finance covers both international and domestic trade aspects. In India, you can take classes on trade finance.
1. The first way is to join one of the large commercial or investment banks, which tend to hire more people at the beginning of their careers.
2. The technology used in trade finance has changed and grown a lot, and so has the part of trade finance that is focused on technology. Getting involved in this field can be rewarding in many ways.
3. You can also start a career in trade finance by joining a large management consulting firm like EY or KPMG. They help their clients with trade finance advisory solutions, which opens up career opportunities.July 23, 2022 at 9:44 am in reply to: Is it possible for fraudsters to be shut out of the trade finance industry? #1069Aashiq RasoolParticipantFraud has many faces and is hard to figure out. There are many ways that fraud can happen in international trade. Some of the most common ways to do this are:
1. Multiple financing is when a business finances the same trade with more than one bank in more than one country.
2. Fraudulent documents happen when a company changes or makes up a fake document that doesn’t show what the real trade is.
3. Fraudulent legal entities are when bad people make fake companies to get around financing terrorism.
Vendor impersonation is when a fraudster convinces a company that a supplier has changed bank accounts so that they can get paid themselves.
4.Fraudulent diversion of funds is when money is put into a common case collection account, but then it is taken out and used for something else.Industry regulators know that fraud is a problem, but they can’t say how big it is. Estimates say it could be as much as 1% of the value of all transactions. Even though the effects are wide-ranging and could be widespread, digitalizing trade may be the key to a future without fraud.
July 10, 2022 at 10:51 am in reply to: How is the shipping process made better by the electronic Bill of Lading? #1178Aashiq RasoolParticipantAn electronic paperless bill of lading is a bill of lading that is sent to the customer electronically instead of being printed on paper and given as a hard copy. Many people think that the electronic bill of lading will make a big difference in the shipping industry because it will make transactions faster and more efficient. It will also cut costs and make shipping safer and less risky. BUT, there is a question of safety, security, and acceptability when it comes to sending and receiving electronic bills of lading.
You should check to see if you and your country are ready for electronic bills of lading that don’t need paper. -
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