VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS32.27%
Net Worth
0.418USD
STEEM
0.006STEEM
SBD
0.452SBD
Effective Power
5.007SP
โโโ Own SP
3.467SP
โโโ Incoming DelegationsDeleg
+1.540SP
Detailed Balance
| STEEM | ||
| balance | 0.006STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 3.467SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 1.540SP | SP |
| Effective Power | 5.007SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.452SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.006 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "5638.902076 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "2504.757730 VESTS",
"sbd_balance": "0.452 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | kumar2013 |
| id | 528835 |
| rank | 285,622 |
| reputation | -118919964523 |
| created | 2017-12-26T05:33:00 |
| recovery_account | steem |
| proxy | None |
| post_count | 426 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-03-13T17:07:18 |
| last_root_post | 2018-03-13T17:07:18 |
| last_vote_time | 2018-03-13T17:10:18 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.006 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.452 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 5638.902076 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 2504.757730 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-02-04T03:04:54 |
| mined | No |
| sbd_seconds | 458,896,158 |
| sbd_last_interest_payment | 2018-02-03T05:08:06 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"active": {
"account_auths": [],
"key_auths": [
[
"STM7zEsa4yRri3hb2igPhxJ1t4LTm4pc5kkXT8TArH46N3HzBwHVw",
1
]
],
"weight_threshold": 1
},
"balance": "0.006 STEEM",
"can_vote": true,
"comment_count": 0,
"created": "2017-12-26T05:33:00",
"curation_rewards": 2,
"delegated_vesting_shares": "0.000000 VESTS",
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779072147
},
"guest_bloggers": [],
"id": 528835,
"json_metadata": "{\"profile\":{\"profile_image\":\"https://s14.postimg.org/s3jkjw48h/1488388656109.jpg\",\"cover_image\":\"https://s14.postimg.org/cjc6tdwox/house_cottage1_500_01.png\",\"name\":\"Kumar2013\",\"about\":\"Please Don't Leave me I Feel alone......๐ธ\",\"location\":\"India \",\"website\":\"https://steemit.com/@kumar2013\"}}",
"last_account_recovery": "1970-01-01T00:00:00",
"last_account_update": "2018-02-04T03:04:54",
"last_owner_update": "1970-01-01T00:00:00",
"last_post": "2018-03-13T17:07:18",
"last_root_post": "2018-03-13T17:07:18",
"last_vote_time": "2018-03-13T17:10:18",
"lifetime_vote_count": 0,
"market_history": [],
"memo_key": "STM5d9RUyXL6BvZag2sRa3EWEr91BZaFv4uUiXqr3tdPNpDh5Tnay",
"mined": false,
"name": "kumar2013",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"other_history": [],
"owner": {
"account_auths": [],
"key_auths": [
[
"STM8RQTjSbXk5spso8GYgiWghqCUhPEMEGoWz9qwuetiHEkdYoCc5",
1
]
],
"weight_threshold": 1
},
"pending_claimed_accounts": 0,
"post_bandwidth": 0,
"post_count": 426,
"post_history": [],
"posting": {
"account_auths": [
[
"dmania.app",
1
],
[
"dtube.app",
1
]
],
"key_auths": [
[
"STM7MqrYaFdEdA1ZNirEM259E7xMgHr1QUbSwEGRYJd4BJRoJ1CuY",
1
]
],
"weight_threshold": 1
},
"posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://s14.postimg.org/s3jkjw48h/1488388656109.jpg\",\"cover_image\":\"https://s14.postimg.org/cjc6tdwox/house_cottage1_500_01.png\",\"name\":\"Kumar2013\",\"about\":\"Please Don't Leave me I Feel alone......๐ธ\",\"location\":\"India \",\"website\":\"https://steemit.com/@kumar2013\"}}",
"posting_rewards": 1119,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"proxy": "",
"received_vesting_shares": "2504.757730 VESTS",
"recovery_account": "steem",
"reputation": -118919964523,
"reset_account": "null",
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"sbd_balance": "0.452 SBD",
"sbd_last_interest_payment": "2018-02-03T05:08:06",
"sbd_seconds": "458896158",
"sbd_seconds_last_update": "2018-02-21T02:46:09",
"tags_usage": [],
"to_withdraw": 0,
"transfer_history": [],
"vesting_balance": "0.000 STEEM",
"vesting_shares": "5638.902076 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"vote_history": [],
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779072147
},
"voting_power": 0,
"withdraw_routes": 0,
"withdrawn": 0,
"witness_votes": [],
"witnesses_voted_for": 0,
"rank": 285622
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 1.540 SP to @kumar20132026/05/18 02:42:27
steemdelegated 1.540 SP to @kumar2013
2026/05/18 02:42:27
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 2504.757730 VESTS |
| Transaction Info | Block #106146379/Trx 107d7ef2fe77fa2eccda9c19ba9a6f4c65b5d83f |
View Raw JSON Data
{
"block": 106146379,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "2504.757730 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-18T02:42:27",
"trx_id": "107d7ef2fe77fa2eccda9c19ba9a6f4c65b5d83f",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 1.002 SP to @kumar20132026/05/12 13:45:57
steemdelegated 1.002 SP to @kumar2013
2026/05/12 13:45:57
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 1629.434820 VESTS |
| Transaction Info | Block #105987597/Trx 73aeaa1fd9e273d1633d040e475a66d203c7bc6a |
View Raw JSON Data
{
"block": 105987597,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "1629.434820 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-12T13:45:57",
"trx_id": "73aeaa1fd9e273d1633d040e475a66d203c7bc6a",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 1.548 SP to @kumar20132026/04/26 01:59:27
steemdelegated 1.548 SP to @kumar2013
2026/04/26 01:59:27
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 2517.273486 VESTS |
| Transaction Info | Block #105513960/Trx ec7a6110977bca5c3df212b398829261b0ede458 |
View Raw JSON Data
{
"block": 105513960,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "2517.273486 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-04-26T01:59:27",
"trx_id": "ec7a6110977bca5c3df212b398829261b0ede458",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 1.071 SP to @kumar20132023/11/14 01:18:51
steemdelegated 1.071 SP to @kumar2013
2023/11/14 01:18:51
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 1741.904685 VESTS |
| Transaction Info | Block #79860170/Trx 5986176f58a4f3e414614319bacedbe144b250d8 |
View Raw JSON Data
{
"block": 79860170,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "1741.904685 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-11-14T01:18:51",
"trx_id": "5986176f58a4f3e414614319bacedbe144b250d8",
"trx_in_block": 6,
"virtual_op": 0
}steemdelegated 1.909 SP to @kumar20132023/09/22 00:42:51
steemdelegated 1.909 SP to @kumar2013
2023/09/22 00:42:51
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3104.725659 VESTS |
| Transaction Info | Block #78351280/Trx 7999155c42afe9d75d3ec06ecfcd3d4746940b10 |
View Raw JSON Data
{
"block": 78351280,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3104.725659 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-09-22T00:42:51",
"trx_id": "7999155c42afe9d75d3ec06ecfcd3d4746940b10",
"trx_in_block": 3,
"virtual_op": 0
}steemdelegated 2.045 SP to @kumar20132022/11/03 14:09:03
steemdelegated 2.045 SP to @kumar2013
2022/11/03 14:09:03
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3326.407097 VESTS |
| Transaction Info | Block #69116182/Trx b0cb2193d8258d8cfdbde21811a081119c5d7eda |
View Raw JSON Data
{
"block": 69116182,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3326.407097 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-11-03T14:09:03",
"trx_id": "b0cb2193d8258d8cfdbde21811a081119c5d7eda",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 2.181 SP to @kumar20132022/01/17 17:28:21
steemdelegated 2.181 SP to @kumar2013
2022/01/17 17:28:21
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3546.642233 VESTS |
| Transaction Info | Block #60817195/Trx 7a65b4b2c0457409b1634ae4a662fac8ecdba522 |
View Raw JSON Data
{
"block": 60817195,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3546.642233 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-01-17T17:28:21",
"trx_id": "7a65b4b2c0457409b1634ae4a662fac8ecdba522",
"trx_in_block": 6,
"virtual_op": 0
}steemdelegated 2.294 SP to @kumar20132021/06/14 03:01:45
steemdelegated 2.294 SP to @kumar2013
2021/06/14 03:01:45
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3730.708986 VESTS |
| Transaction Info | Block #54610365/Trx c339655ca039438d3a390301ff199065c594a9f4 |
View Raw JSON Data
{
"block": 54610365,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3730.708986 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2021-06-14T03:01:45",
"trx_id": "c339655ca039438d3a390301ff199065c594a9f4",
"trx_in_block": 3,
"virtual_op": 0
}steemdelegated 2.409 SP to @kumar20132020/12/11 13:17:45
steemdelegated 2.409 SP to @kumar2013
2020/12/11 13:17:45
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3918.130960 VESTS |
| Transaction Info | Block #49357740/Trx f042b9e4d1b81097ce5144f6a1ad1aaa431135c4 |
View Raw JSON Data
{
"block": 49357740,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3918.130960 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-11T13:17:45",
"trx_id": "f042b9e4d1b81097ce5144f6a1ad1aaa431135c4",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 1.176 SP to @kumar20132020/12/06 06:54:18
steemdelegated 1.176 SP to @kumar2013
2020/12/06 06:54:18
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49209287/Trx 0411fd43e7f01ca3babac6a5a5cbc0ff77e6cd9b |
View Raw JSON Data
{
"block": 49209287,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "1912.543513 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-06T06:54:18",
"trx_id": "0411fd43e7f01ca3babac6a5a5cbc0ff77e6cd9b",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.413 SP to @kumar20132020/12/05 16:55:42
steemdelegated 2.413 SP to @kumar2013
2020/12/05 16:55:42
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 3924.338814 VESTS |
| Transaction Info | Block #49192830/Trx 3cac929c6e7f291ea0a21f27dd11d797a4e8609b |
View Raw JSON Data
{
"block": 49192830,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "3924.338814 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-05T16:55:42",
"trx_id": "3cac929c6e7f291ea0a21f27dd11d797a4e8609b",
"trx_in_block": 2,
"virtual_op": 0
}steemdelegated 1.180 SP to @kumar20132020/11/02 20:09:18
steemdelegated 1.180 SP to @kumar2013
2020/11/02 20:09:18
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48263122/Trx b31dfd90d0987896258abc3062d8fbf6b5835f2a |
View Raw JSON Data
{
"block": 48263122,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "1920.017158 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-11-02T20:09:18",
"trx_id": "b31dfd90d0987896258abc3062d8fbf6b5835f2a",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.537 SP to @kumar20132020/05/09 07:54:03
steemdelegated 2.537 SP to @kumar2013
2020/05/09 07:54:03
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 4127.144173 VESTS |
| Transaction Info | Block #43219568/Trx d9e70ec22c2ed3959f55f57482b25dac8900be20 |
View Raw JSON Data
{
"block": 43219568,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "4127.144173 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-09T07:54:03",
"trx_id": "d9e70ec22c2ed3959f55f57482b25dac8900be20",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 1.201 SP to @kumar20132020/05/08 11:49:33
steemdelegated 1.201 SP to @kumar2013
2020/05/08 11:49:33
| delegatee | kumar2013 |
| delegator | steem |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43196044/Trx bfa11939eb54a5c5cdb564ed29e60930efefd0d3 |
View Raw JSON Data
{
"block": 43196044,
"op": [
"delegate_vesting_shares",
{
"delegatee": "kumar2013",
"delegator": "steem",
"vesting_shares": "1953.311140 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-08T11:49:33",
"trx_id": "bfa11939eb54a5c5cdb564ed29e60930efefd0d3",
"trx_in_block": 18,
"virtual_op": 0
}2019/12/26 06:58:33
2019/12/26 06:58:33
| author | steemitboard |
| body | Congratulations @kumar2013! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@kumar2013/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@kumar2013) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=kumar2013)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | kumar2013 |
| parent permlink | modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys |
| permlink | steemitboard-notify-kumar2013-20191226t065832000z |
| title | |
| Transaction Info | Block #39368190/Trx 5a565b4d4a4828539afb3412e2be0cc1afe25917 |
View Raw JSON Data
{
"block": 39368190,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @kumar2013! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@kumar2013/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@kumar2013) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=kumar2013)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "kumar2013",
"parent_permlink": "modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys",
"permlink": "steemitboard-notify-kumar2013-20191226t065832000z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2019-12-26T06:58:33",
"trx_id": "5a565b4d4a4828539afb3412e2be0cc1afe25917",
"trx_in_block": 2,
"virtual_op": 0
}dtubesent 0.001 STEEM to @kumar2013- "Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube"2019/08/22 16:46:42
dtubesent 0.001 STEEM to @kumar2013- "Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube"
2019/08/22 16:46:42
| amount | 0.001 STEEM |
| from | dtube |
| memo | Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube |
| to | kumar2013 |
| Transaction Info | Block #35780143/Trx 1c0906d9f5349b500097c5275764b057cfde0194 |
View Raw JSON Data
{
"block": 35780143,
"op": [
"transfer",
{
"amount": "0.001 STEEM",
"from": "dtube",
"memo": "Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube",
"to": "kumar2013"
}
],
"op_in_trx": 0,
"timestamp": "2019-08-22T16:46:42",
"trx_id": "1c0906d9f5349b500097c5275764b057cfde0194",
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steemdelegated 2.657 SP to @kumar2013
2019/06/05 15:12:57
| delegatee | kumar2013 |
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2018/12/26 05:47:18
| author | steemitboard |
| body | Congratulations @kumar2013! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@kumar2013/birthday1.png</td><td>1 Year on Steemit</td></tr></table> <sub>_[Click here to view your Board](https://steemitboard.com/@kumar2013)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends-the-party-continues"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/kf4SJb.png"></a></td><td><a href="https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends-the-party-continues">Christmas Challenge - The party continues</a></td></tr><tr><td><a href="https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/kf4SJb.png"></a></td><td><a href="https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends">Christmas Challenge - Send a gift to to your friends</a></td></tr></table> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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2018/11/17 21:49:57
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2018/07/23 14:08:54
| author | kumar2013 |
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2018/07/16 14:32:03
| author | kumar2013 |
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2018/07/12 18:05:09
| author | kumar2013 |
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}steemdelegated 2.780 SP to @kumar20132018/06/12 19:36:15
steemdelegated 2.780 SP to @kumar2013
2018/06/12 19:36:15
| delegatee | kumar2013 |
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2018/05/17 17:25:33
| author | mysearchisover |
| body | @dustsweeper FYI |
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| permlink | re-kumar2013-modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys-20180517t172532711z |
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2018/05/17 17:24:45
| author | kumar2013 |
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2018/03/13 17:10:18
| author | juliolezama |
| permlink | mydailypost-challenge-martes-tuesday-monocolor-llanero-solitario |
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2018/03/13 17:10:06
| author | asimshahzad |
| permlink | everyone-beware-of-phishing-links-which-are-used-these-days-to-hack-your-money |
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}kumar2013upvoted (100.00%) @evernew / beautiful-chicken-2018-03-13-16-53-362018/03/13 17:10:00
kumar2013upvoted (100.00%) @evernew / beautiful-chicken-2018-03-13-16-53-36
2018/03/13 17:10:00
| author | evernew |
| permlink | beautiful-chicken-2018-03-13-16-53-36 |
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}kumar2013upvoted (100.00%) @yetaras / gpnce-cityscapephotography-views-of-small-town2018/03/13 17:09:42
kumar2013upvoted (100.00%) @yetaras / gpnce-cityscapephotography-views-of-small-town
2018/03/13 17:09:42
| author | yetaras |
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}kumar2013upvoted (100.00%) @hakeemshah96 / my-reaction-when-some-one-asks-do-you-have-a-girl-friend-lol2018/03/13 17:09:36
kumar2013upvoted (100.00%) @hakeemshah96 / my-reaction-when-some-one-asks-do-you-have-a-girl-friend-lol
2018/03/13 17:09:36
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2018/03/13 17:07:18
| author | kumar2013 |
| permlink | modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys |
| voter | kumar2013 |
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| Transaction Info | Block #20644770/Trx 1d0453d9e66268a5e2be4acb559ec63d96645beb |
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}kumar2013published a new post: modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys2018/03/13 17:07:18
kumar2013published a new post: modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys
2018/03/13 17:07:18
| author | kumar2013 |
| body | <a href="https://ibb.co/m9Tq9c"><img src="https://preview.ibb.co/eLWovH/Arjun_MBT_bump_track_test_e1520938862661.jpg" alt="Arjun_MBT_bump_track_test_e1520938862661" border="0"></a> An Arjun MBT being test driven in Chennai | Commons In its strongest take on the Modi govt, Army tells parliamentary panel that 68% of its equipment is vintage, and Make in India is stillborn. New Delhi: The Army does not have enough money to pay for emergency purchases that it made in the aftermath of the Uri attack, the surgical strikes, and the Doklam standoff, nor are there adequate resources to undertake the construction of strategic roads on the China border. In its strongest take yet on the Narendra Modi govt, the Army has informed the parliamentary standing committee on defence that the budget it has been allocated this year has dashed all hopes for modernisation and its plans to roll out โMake in Indiaโ projects. Sharing his frustration that funds allocated this year will not even be adequate to pay for instalment payments of past purchase, Vice Chief of Army Staff Lt Gen. Sarath Chand has told the panel that at present, 68 per cent of its equipment is in the โvintage categoryโ. The parliamentary panel is headed by BJP veteran Maj. Gen. B.C. Khanduri (retd). Everything is stalled The Army had initiated a series of emergency procurements of ammunition, anti-tank missiles, rifles and stores after the Uri attack and the subsequent surgical strikes, in anticipation of increased tensions on the border. Similarly, emergency purchases were also initiated after the Doklam stand off last year with Chinese troops. โAllocation of Rs 21,338 crore for modernisation is insufficient even to cater for committed payments of Rs 29,033 crore for 123 on-going schemes, emergency procurements and other requirements,โ Lt. Gen. Chand has told the panel. The Army has informed the government that currently, most of the equipment it holds can be categorised as vintage. โAs far as we are concerned, the state today is 68 per cent of our equipment is in the vintage category, with just about 24 per cent in the current and 8 per cent in the state-of-the-art category,โ the officer informed the panel. Stating that the low budget would also have an adverse impact on Make in India initiatives, the Vice Chief said that the 25 projects that it has selected will not be rolled out. โThere isnโt adequate budget to support this. As a result, many of these may end up foreclosed,โ he said. The low budget this year โ the Army has been given Rs 17, 756 crore less than what it had requested for โ will have severe consequences for the China border as well, as strategic work will be stalled. โWe have a large number of Chinese strategic roads and also infrastructural development along the northern borders. For these infrastructure developments, the allocation is falling short by around Rs 902 crore from what we have demanded,โ the Vice Chief said. Skewed defence budget As reported by ThePrint, the Indian defence budget is now dangerously skewed as the revenue bill has zoomed over the years. The sustained manpower-intensive nature of the services has resulted in a situation where resources available for modernisation of the forces are far outstripped by the money required to pay salaries and pensions to soldiers. The parliamentary standing committee on defence has been a strong advocate of creating a non-lapsable, roll-over fund for modernisation of the armed forces, which would collect all unspent amount from the defence capital budget at the end of a financial year into a corpus that can be used for future purchases. While this concept was given a go-ahead by the defence ministry last year, the finance ministry has resisted all moves to set it up. |
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| parent permlink | indian-army |
| permlink | modi-govt-hasn-t-given-money-so-army-can-t-modernise-or-pay-for-emergency-buys |
| title | Modi govt hasnโt given money, so Army canโt modernise or pay for emergency buys |
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"body": "<a href=\"https://ibb.co/m9Tq9c\"><img src=\"https://preview.ibb.co/eLWovH/Arjun_MBT_bump_track_test_e1520938862661.jpg\" alt=\"Arjun_MBT_bump_track_test_e1520938862661\" border=\"0\"></a>\n\nAn Arjun MBT being test driven in Chennai | Commons\n\nIn its strongest take on the Modi govt, Army tells parliamentary panel that 68% of its equipment is vintage, and Make in India is stillborn.\n\nNew Delhi: The Army does not have enough money to pay for emergency purchases that it made in the aftermath of the Uri attack, the surgical strikes, and the Doklam standoff, nor are there adequate resources to undertake the construction of strategic roads on the China border.\n\nIn its strongest take yet on the Narendra Modi govt, the Army has informed the parliamentary standing committee on defence that the budget it has been allocated this year has dashed all hopes for modernisation and its plans to roll out โMake in Indiaโ projects.\n\nSharing his frustration that funds allocated this year will not even be adequate to pay for instalment payments of past purchase, Vice Chief of Army Staff Lt Gen. Sarath Chand has told the panel that at present, 68 per cent of its equipment is in the โvintage categoryโ. The parliamentary panel is headed by BJP veteran Maj. Gen. B.C. Khanduri (retd).\n\nEverything is stalled\nThe Army had initiated a series of emergency procurements of ammunition, anti-tank missiles, rifles and stores after the Uri attack and the subsequent surgical strikes, in anticipation of increased tensions on the border. Similarly, emergency purchases were also initiated after the Doklam stand off last year with Chinese troops.\n\nโAllocation of Rs 21,338 crore for modernisation is insufficient even to cater for committed payments of Rs 29,033 crore for 123 on-going schemes, emergency procurements and other requirements,โ Lt. Gen. Chand has told the panel.\n\nThe Army has informed the government that currently, most of the equipment it holds can be categorised as vintage. โAs far as we are concerned, the state today is 68 per cent of our equipment is in the vintage category, with just about 24 per cent in the current and 8 per cent in the state-of-the-art category,โ the officer informed the panel.\n\nStating that the low budget would also have an adverse impact on Make in India initiatives, the Vice Chief said that the 25 projects that it has selected will not be rolled out. โThere isnโt adequate budget to support this. As a result, many of these may end up foreclosed,โ he said.\n\nThe low budget this year โ the Army has been given Rs 17, 756 crore less than what it had requested for โ will have severe consequences for the China border as well, as strategic work will be stalled.\n\nโWe have a large number of Chinese strategic roads and also infrastructural development along the northern borders. For these infrastructure developments, the allocation is falling short by around Rs 902 crore from what we have demanded,โ the Vice Chief said.\n\nSkewed defence budget\nAs reported by ThePrint, the Indian defence budget is now dangerously skewed as the revenue bill has zoomed over the years. The sustained manpower-intensive nature of the services has resulted in a situation where resources available for modernisation of the forces are far outstripped by the money required to pay salaries and pensions to soldiers.\n\nThe parliamentary standing committee on defence has been a strong advocate of creating a non-lapsable, roll-over fund for modernisation of the armed forces, which would collect all unspent amount from the defence capital budget at the end of a financial year into a corpus that can be used for future purchases.\n\nWhile this concept was given a go-ahead by the defence ministry last year, the finance ministry has resisted all moves to set it up.",
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}lilichkaupvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby2018/03/11 19:25:12
lilichkaupvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby
2018/03/11 19:25:12
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}mysearchisoverupvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby2018/02/25 02:28:09
mysearchisoverupvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby
2018/02/25 02:28:09
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}kumar2013upvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby2018/02/25 02:14:24
kumar2013upvoted (100.00%) @kumar2013 / the-farmer-s-baby-is-a-farmer-s-baby
2018/02/25 02:14:24
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}kumar2013published a new post: the-farmer-s-baby-is-a-farmer-s-baby2018/02/25 02:14:24
kumar2013published a new post: the-farmer-s-baby-is-a-farmer-s-baby
2018/02/25 02:14:24
| author | kumar2013 |
| body | <a href="http://ibb.co/nb6xCc"><img src="http://preview.ibb.co/k3VPsc/IMG_20180225_073809.jpg" alt="IMG_20180225_073809" border="0"></a> The rice field for rice is the country How richer the atmosphere is How you look at the country You do not have a farmer baby I love you For the farmer baby Jai Hind |
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}rusmanupvoted (100.00%) @kumar2013 / burberry-celebrates-new-collection-with-multi-sensory-installation2018/02/22 17:43:03
rusmanupvoted (100.00%) @kumar2013 / burberry-celebrates-new-collection-with-multi-sensory-installation
2018/02/22 17:43:03
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2018/02/22 17:41:57
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}kumar2013upvoted (100.00%) @hiroyamagishi / smart-media-tokens-a-smart-idea2018/02/22 17:41:24
kumar2013upvoted (100.00%) @hiroyamagishi / smart-media-tokens-a-smart-idea
2018/02/22 17:41:24
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}kumar2013custom json: follow2018/02/22 17:41:21
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2018/02/22 17:41:03
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.redrobot.org/business/burberry-february-2018-show-london-fashion-week/ |
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2018/02/22 17:40:39
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}kumar2013published a new post: burberry-celebrates-new-collection-with-multi-sensory-installation2018/02/22 17:40:39
kumar2013published a new post: burberry-celebrates-new-collection-with-multi-sensory-installation
2018/02/22 17:40:39
| author | kumar2013 |
| body | <a href="http://imgbb.com/"><img src="http://image.ibb.co/c9FJhc/169f0aa99aa85779545dcf7e1f5f131d3655a73a_1519210453_5a8d4fd5_620x348.jpg" alt="169f0aa99aa85779545dcf7e1f5f131d3655a73a_1519210453_5a8d4fd5_620x348" border="0"></a> Christopher Bailey's final collection for the brand dedicated to LGBTQ+ communities Burberry celebrated โTimeโ, Christopher Baileyโs final collection for the brand, against a multisensory installation that forms part of a new collaboration with United Visual Artists (UVA). Our Time, a piece of work on loan from the Museum of Old and New Art (MONA) in Australia, investigates the subjective experience of the passing of time through movement, light and sound, and was reimagined in collaboration with Christopher, to provide the backdrop to the runway collection. The installationโs pendulums swung to their own rhythm in time to the showโs soundtrack by Jimmy Somerville, The Communards and Bronski Beat. Models including past and present campaign stars Adwoa Aboah, Jean Campbell, Montell Martin and Edie Campbell โ who appeared in her first Burberry campaign in 2006 โ revealed the collection, which revisited past icons and house codes, including the trench coat, the aviator, the cape, the poncho and the military coat as well as introduced new designs. The Rainbow check, the latest iteration of Burberryโs most iconic symbol and designed as part of Christopherโs dedication of his last collection to LGBTQ+ communities, featured throughout the show. A capsule of reissued archive pieces from the 1980s and 1990s rereleased as part of this collection is now available for immediate purchase. Cara Delevingne, discovered by Christopher and Burberry over seven years ago, closed the show and led the finale as models walked under a spectrum of rainbow laser lights. Over 1300 guests attended to watch the show including close Burberry friends and family including Kate Moss, Naomi Campbell, Keira Knightley, Zendaya Coleman, Naomi Watts, Michelle Dockery, Naomie Harris, Iris Law, Lily James, Matt Smith, Jourdan Dunn, Kate Mara, Idris Elba, Domhnall Gleeson, Tom Holland, Paris Jackson, James Righton, Zhou Dongyu, Chelsea Clinton, Nicholas Hoult, Poppy Delevingne, Alexa Chung, George Ezra, James Bay, Paloma Faith, Liam Gallagher, Skepta, Tinie Tempah, Tom Odell, Jorja Smith, Blondey McCoy, Gosha Rubchinskiy, Lucy Moore, Matt Clark, Jamie Bell, Tessa Thompson, Anya Taylor-Joy, Koharu Sugawara, Daphne Guinness, Stephen Jones, Mason Lee, Law Roach, Ji Woo Choi, Steve McQueen and Angela Ahrendts. โMy final collection here at Burberry is dedicated to - and in support of - some of the best and brightest organisations supporting LGBTQ+ youth around the world. There has never been a more important time to say that in our diversity lies our strength, and our creativity.โ Christopher Bailey, Burberry President and Chief Creative Officer. |
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"body": "<a href=\"http://imgbb.com/\"><img src=\"http://image.ibb.co/c9FJhc/169f0aa99aa85779545dcf7e1f5f131d3655a73a_1519210453_5a8d4fd5_620x348.jpg\" alt=\"169f0aa99aa85779545dcf7e1f5f131d3655a73a_1519210453_5a8d4fd5_620x348\" border=\"0\"></a>\n\nChristopher Bailey's final collection for the brand dedicated to LGBTQ+ communities\nBurberry celebrated โTimeโ, Christopher Baileyโs final collection for the brand, against a multisensory installation that forms part of a new collaboration with United Visual Artists (UVA).\n\nOur Time, a piece of work on loan from the Museum of Old and New Art (MONA) in Australia, investigates the subjective experience of the passing of time through movement, light and sound, and was reimagined in collaboration with Christopher, to provide the backdrop to the runway collection. The installationโs pendulums swung to their own rhythm in time to the showโs soundtrack by Jimmy Somerville, The Communards and Bronski Beat.\n\nModels including past and present campaign stars Adwoa Aboah, Jean Campbell, Montell Martin and Edie Campbell โ who appeared in her first Burberry campaign in 2006 โ revealed the collection, which revisited past icons and house codes, including the trench coat, the aviator, the cape, the poncho and the military coat as well as introduced new designs.\n\nThe Rainbow check, the latest iteration of Burberryโs most iconic symbol and designed as part of Christopherโs dedication of his last collection to LGBTQ+ communities, featured throughout the show. A capsule of reissued archive pieces from the 1980s and 1990s rereleased as part of this collection is now available for immediate purchase.\n\nCara Delevingne, discovered by Christopher and Burberry over seven years ago, closed the show and led the finale as models walked under a spectrum of rainbow laser lights.\n\nOver 1300 guests attended to watch the show including close Burberry friends and family including Kate Moss, Naomi Campbell, Keira Knightley, Zendaya Coleman, Naomi Watts, Michelle Dockery, Naomie Harris, Iris Law, Lily James, Matt Smith, Jourdan Dunn, Kate Mara, Idris Elba, Domhnall Gleeson, Tom Holland, Paris Jackson, James Righton, Zhou Dongyu, Chelsea Clinton, Nicholas Hoult, Poppy Delevingne, Alexa Chung, George Ezra, James Bay, Paloma Faith, Liam Gallagher, Skepta, Tinie Tempah, Tom Odell, Jorja Smith, Blondey McCoy, Gosha Rubchinskiy, Lucy Moore, Matt Clark, Jamie Bell, Tessa Thompson, Anya Taylor-Joy, Koharu Sugawara, Daphne Guinness, Stephen Jones, Mason Lee, Law Roach, Ji Woo Choi, Steve McQueen and Angela Ahrendts.\n\n\nโMy final collection here at Burberry is dedicated to - and in support of - some of the best and brightest organisations supporting LGBTQ+ youth around the world. There has never been a more important time to say that in our diversity lies our strength, and our creativity.โ Christopher Bailey, Burberry President and Chief Creative Officer.",
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}kumar2013upvoted (100.00%) @kumar2013 / blockchain-tech-could-help-prevent-frauds-like-at-pnb2018/02/22 17:33:42
kumar2013upvoted (100.00%) @kumar2013 / blockchain-tech-could-help-prevent-frauds-like-at-pnb
2018/02/22 17:33:42
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}kumar2013published a new post: blockchain-tech-could-help-prevent-frauds-like-at-pnb2018/02/22 17:33:42
kumar2013published a new post: blockchain-tech-could-help-prevent-frauds-like-at-pnb
2018/02/22 17:33:42
| author | kumar2013 |
| body | <a href="http://imgbb.com/"><img src="http://image.ibb.co/ixv12c/th22_blockchain.jpg" alt="th22_blockchain" border="0"></a> The adoption of blockchain by Indiaโs banks could help avert frauds such as the one at Punjab National Bank as the disaggregated and transparent nature of the technology, which updates information across all users simultaneously, would have ensured that various officials would have instantly been alerted to the creation of the letters of undertaking (LoUs), according to bankers and blockchain specialists. โImmediate notificationโ โTransaction reconciliation systems at present do not result in immediate notification,โ Mrutyunjay Mahapatra, Deputy Managing Director and Chief Information Officer at State Bank of India, told The Hindu. โUsing blockchain, all parties on the chain will be immediately notified about a transaction.โ Blockchain, a distributed ledger technology originally developed as an accounting system for the cryptocurrency Bitcoin, is being researched across the banking and financial services industries for the potential benefits it may offer in an increasingly digitised business environment. Central banks including the U.S. Federal Reserve and the Reserve Bank of India have been examining the technology to understand the regulatory challenges it may pose. โBlockchain potentially has far-reaching implications for the financial sector, and this is prompting more and more banks, insurers and other financial institutions to invest in research into potential applications of this technology,โ the RBIโs Working Group on FinTech and Digital Banking said in a report. โMarket participants in other securities markets are exploring the usage of blockchain or distributed database technology to provide various services such as clearing and settlement, trading,โ the report noted. โIndian securities market may also see such developments in the near future and, therefore, there is a need to understand the benefits, risks and challenges such developments may pose.โ Implementation at SBI SBI was convinced of blockchainโs utility, especially its potential to improve internal fraud monitoring, and had already implemented it in its reconciliation systems and in several cross-country payment gateways, according to Mr. Mahapatra. โIn blockchain, from the source system it will try to match the transactions, so one can immediately verify any transaction using blockchain.โ Suveer Kumar Gupta, CEO of Shivalik Mercantile Cooperative Bank said blockchain would ensure easy tracking of entries.โIf the LoUs were on the blockhain, then they would have been there for everybody to see, and every entry into the chain leaves a clear record of who made that entry, and where.โ Blockchains, Mr Gupta explained, are immutable and distributed ledgers, which means that anything recorded on them cannot be changed or deleted, and is instantly uploaded to all users on that blockchain. โIf my bank wants to lend to a borrower, I need to know what all he has borrowed from other institutions as well. For that, we have the CIBIL score at present, but that data is prone to human error.โ However, Mr. Mahapatra pointed out that simply depending on technology to prevent frauds is fraught, since they take place at the human level, where an official with the correct authentication can misuse the system. โThe modus operandi of the fraud as it appears right now is that somebody used all the authentication methods and it was compromised at the user level,โ Mr. Mahapatra said. โIf that is the case, then any technology can be hoodwinked. Here, what was given into the system is not in doubt, the one who gave it into the system is in doubt.โ Still, blockchainโs technology is such that even human error can be greatly mitigated, Kartik Mandaville, CEO of SpringRole, a blockchain solutions company said. โBlockchain can fix this by having everything linked to the same database.โ โThe Core Banking Solution is definitely a good first step, and this is why something like this fraud could not have happened in SBI, because everything is linked to the core system, even the foreign banking system. In PNB, the SWIFT system was not connected to CBS.โ โBlockchain takes this one step further towards a decentralised system where you need multiple branches to give their approval before any sort of transaction is approved or an LoU is issued,โ Mr. Mandaville added. Another big challenge that blockchain can address is providing a basis for the trust banks have in each other, thereby preventing such frauds from taking place. โAnother big challenge is the trust between banks,โ Mr. Gupta said. โI trust that, say, ICICI Bank is giving correct information only because we feel that we should trust each other. There is no tangible backing of that trust. Once blockchain comes in, that trust will be backed up by clear tangible proof.โ โFor example, Axis Bank in Hong Kong gave loans to Nirav Modi only because they trusted what was coming from PNB Mumbai,โ Mr. Gupta added. โHad it been on blockchain, those clear entries would have been there that show whether the information is correct or not. That is one way such frauds can be prevented.โ โBlockchain is not a panacea for all issues facing the banking system today,โ said Jesse Chenard, Founder and CEO of Monetago, a blockchain company that works closely with financial institutions. โHowever, blockchain is an ideal technology to ensure proof of integrity to the data and reduce incidents of fraud.โ |
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"body": "<a href=\"http://imgbb.com/\"><img src=\"http://image.ibb.co/ixv12c/th22_blockchain.jpg\" alt=\"th22_blockchain\" border=\"0\"></a>\n\nThe adoption of blockchain by Indiaโs banks could help avert frauds such as the one at Punjab National Bank as the disaggregated and transparent nature of the technology, which updates information across all users simultaneously, would have ensured that various officials would have instantly been alerted to the creation of the letters of undertaking (LoUs), according to bankers and blockchain specialists.\n\nโImmediate notificationโ\n\nโTransaction reconciliation systems at present do not result in immediate notification,โ Mrutyunjay Mahapatra, Deputy Managing Director and Chief Information Officer at State Bank of India, told The Hindu. โUsing blockchain, all parties on the chain will be immediately notified about a transaction.โ\n\nBlockchain, a distributed ledger technology originally developed as an accounting system for the cryptocurrency Bitcoin, is being researched across the banking and financial services industries for the potential benefits it may offer in an increasingly digitised business environment.\n\nCentral banks including the U.S. Federal Reserve and the Reserve Bank of India have been examining the technology to understand the regulatory challenges it may pose.\n\nโBlockchain potentially has far-reaching implications for the financial sector, and this is prompting more and more banks, insurers and other financial institutions to invest in research into potential applications of this technology,โ the RBIโs Working Group on FinTech and Digital Banking said in a report. โMarket participants in other securities markets are exploring the usage of blockchain or distributed database technology to provide various services such as clearing and settlement, trading,โ the report noted. โIndian securities market may also see such developments in the near future and, therefore, there is a need to understand the benefits, risks and challenges such developments may pose.โ\n\nImplementation at SBI\n\nSBI was convinced of blockchainโs utility, especially its potential to improve internal fraud monitoring, and had already implemented it in its reconciliation systems and in several cross-country payment gateways, according to Mr. Mahapatra. โIn blockchain, from the source system it will try to match the transactions, so one can immediately verify any transaction using blockchain.โ\n\nSuveer Kumar Gupta, CEO of Shivalik Mercantile Cooperative Bank said blockchain would ensure easy tracking of entries.โIf the LoUs were on the blockhain, then they would have been there for everybody to see, and every entry into the chain leaves a clear record of who made that entry, and where.โ\n\nBlockchains, Mr Gupta explained, are immutable and distributed ledgers, which means that anything recorded on them cannot be changed or deleted, and is instantly uploaded to all users on that blockchain.\n\nโIf my bank wants to lend to a borrower, I need to know what all he has borrowed from other institutions as well. For that, we have the CIBIL score at present, but that data is prone to human error.โ\n\nHowever, Mr. Mahapatra pointed out that simply depending on technology to prevent frauds is fraught, since they take place at the human level, where an official with the correct authentication can misuse the system.\n\nโThe modus operandi of the fraud as it appears right now is that somebody used all the authentication methods and it was compromised at the user level,โ Mr. Mahapatra said. โIf that is the case, then any technology can be hoodwinked. Here, what was given into the system is not in doubt, the one who gave it into the system is in doubt.โ\n\nStill, blockchainโs technology is such that even human error can be greatly mitigated, Kartik Mandaville, CEO of SpringRole, a blockchain solutions company said. โBlockchain can fix this by having everything linked to the same database.โ\n\nโThe Core Banking Solution is definitely a good first step, and this is why something like this fraud could not have happened in SBI, because everything is linked to the core system, even the foreign banking system. In PNB, the SWIFT system was not connected to CBS.โ\n\nโBlockchain takes this one step further towards a decentralised system where you need multiple branches to give their approval before any sort of transaction is approved or an LoU is issued,โ Mr. Mandaville added.\n\nAnother big challenge that blockchain can address is providing a basis for the trust banks have in each other, thereby preventing such frauds from taking place.\n\nโAnother big challenge is the trust between banks,โ Mr. Gupta said. โI trust that, say, ICICI Bank is giving correct information only because we feel that we should trust each other. There is no tangible backing of that trust. Once blockchain comes in, that trust will be backed up by clear tangible proof.โ\n\nโFor example, Axis Bank in Hong Kong gave loans to Nirav Modi only because they trusted what was coming from PNB Mumbai,โ Mr. Gupta added. โHad it been on blockchain, those clear entries would have been there that show whether the information is correct or not. That is one way such frauds can be prevented.โ\n\nโBlockchain is not a panacea for all issues facing the banking system today,โ said Jesse Chenard, Founder and CEO of Monetago, a blockchain company that works closely with financial institutions. โHowever, blockchain is an ideal technology to ensure proof of integrity to the data and reduce incidents of fraud.โ",
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}kumar2013upvoted (100.00%) @xodarbiox / life-expands-as-you-grow-c1cf84b75e9b52018/02/21 11:35:42
kumar2013upvoted (100.00%) @xodarbiox / life-expands-as-you-grow-c1cf84b75e9b5
2018/02/21 11:35:42
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}kumar2013followed @xodarbiox2018/02/21 11:35:24
kumar2013followed @xodarbiox
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}xodarbioxupvoted (80.42%) @kumar2013 / the-newly-born-cow-calf2018/02/21 11:34:24
xodarbioxupvoted (80.42%) @kumar2013 / the-newly-born-cow-calf
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}kumar2013upvoted (100.00%) @kumar2013 / the-newly-born-cow-calf2018/02/21 11:33:45
kumar2013upvoted (100.00%) @kumar2013 / the-newly-born-cow-calf
2018/02/21 11:33:45
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}kumar2013published a new post: the-newly-born-cow-calf2018/02/21 11:33:45
kumar2013published a new post: the-newly-born-cow-calf
2018/02/21 11:33:45
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| body | Hello Steemit.....? <a href="http://ibb.co/hi4oxc"><img src="http://preview.ibb.co/bKzMHc/IMG_20180220_081219.jpg" alt="IMG_20180220_081219" border="0"></a><br /><a target='_blank' href='http://imgbb.com/'></a><br /> It is like a cow that is very beautifully kissed as it is a cow calf born over 20 days and our cow calf breasts..., The cow calf also gives the milk well milking our boyfriend wears that the cow's calf should be healthy. |
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}sensationupvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk2018/02/21 07:53:57
sensationupvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk
2018/02/21 07:53:57
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}kumar2013followed @moby-dick2018/02/21 07:49:15
kumar2013followed @moby-dick
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}moby-dickupvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk2018/02/21 07:44:27
moby-dickupvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk
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2018/02/21 07:14:27
| author | kumar2013 |
| body | Ok thanks for u @tanvirabedin |
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kumar2013followed @tanvirabedin
2018/02/21 07:13:57
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2018/02/21 07:13:51
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2018/02/21 07:13:48
| author | kumar2013 |
| body | Thanks for u comments @islamkha |
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}kumar2013upvoted (100.00%) @cheetah / cheetah-re-kumar2013steem-long-term-potential-worth-the-risk2018/02/21 07:12:42
kumar2013upvoted (100.00%) @cheetah / cheetah-re-kumar2013steem-long-term-potential-worth-the-risk
2018/02/21 07:12:42
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2018/02/21 07:11:42
| author | islamkha |
| body | Your post is very nice,i m very happy reading your post,thanks for posting........ |
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2018/02/21 07:09:30
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://hacked.com/steem-long-term-potential-worth-the-risk/ |
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2018/02/21 07:09:12
| author | tanvirabedin |
| body | thanks 4 information now see my blog this is about criptocurency i am sure that u like this https://steemit.com/bitcoin/@tanvirabedin/paypal-exec-says-very-high-likelihood-bitcoin-will-become-popular-payment-method if u like my blog so please upvoat me |
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}kumar2013upvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk2018/02/21 07:08:30
kumar2013upvoted (100.00%) @kumar2013 / steem-long-term-potential-worth-the-risk
2018/02/21 07:08:30
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}kumar2013published a new post: steem-long-term-potential-worth-the-risk2018/02/21 07:08:30
kumar2013published a new post: steem-long-term-potential-worth-the-risk
2018/02/21 07:08:30
| author | kumar2013 |
| body | <a href="http://ibb.co/jqkxqx"><img src="http://preview.ibb.co/bND6iH/cryptocurrency_analysis.jpg" alt="cryptocurrency_analysis" border="0"></a> Steem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity. // -- Discuss and ask questions in our community on Workplace. While leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure. <a href="http://ibb.co/j3LDVx"><img src="http://preview.ibb.co/eeGnqx/Screen_Shot_2017_11_26_at_12_05_53_AM.png" alt="Screen_Shot_2017_11_26_at_12_05_53_AM" border="0"></a> SEARCH Hacked: Hacking Finance Hacked: Hacking Finance ALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov Steem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity. // -- Discuss and ask questions in our community on Workplace. While leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure. Now, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The Problem: In order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve. The battle for attention: More than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites. The onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies. This means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed. The Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well. The battle for monetization: Unsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas. The digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals. The problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll. Creating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it. The Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself. Steemit: the Solution the Content World Needs Steemit is an extremely interesting solution. Here are a few quick hits of what you need to know. <a href="http://ibb.co/jQv8xc"><img src="http://preview.ibb.co/kZNoxc/Screen_Shot_2017_11_26_at_12_10_43_AM.png" alt="Screen_Shot_2017_11_26_at_12_10_43_AM" border="0"></a> SEARCH Hacked: Hacking Finance Hacked: Hacking Finance ALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov Steem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity. // -- Discuss and ask questions in our community on Workplace. While leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure. Now, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The Problem: In order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve. The battle for attention: More than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites. The onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies. This means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed. The Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well. The battle for monetization: Unsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas. The digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals. The problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll. Creating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it. The Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself. Steemit: the Solution the Content World Needs Steemit is an extremely interesting solution. Here are a few quick hits of what you need to know. Steemit has three different currencies: Steem: The currency that can be bought and sold on most open markets. This is how most people using the Steemit platform โcash outโ. Steem currently โerodesโ at an annual rate of 9.5% every year due to the production of new Steem. Steem Power Units: Steem Power Units (SP) are a more long-term offering. When you buy SP, youโre locked into it for 2 years. This limit is meant to keep people invested in the platform long-term and stop people from suddenly dumping their units on the market. Holding SP entitles the owner to a proportionate ownership share in the network. 90% of all the new Steem made every day goes to people holding SP. Additionally, half of what content creators receive when paid out per post is in SP. Holders of SP receive a higher weight to their upvotes, helping users to build up more of an authority and influence on the site. Steem Dollars: Steem Dollars are pegged to the U.S. Dollar and are a bit more stable. 50% of the compensation comes in Steem Dollars. Holders of Steem Dollars are able to do one of three options: Convert them into Steem and sell them on the open market. Hold them and essentially earn 10% interest when compared to Steem. Exchange Steem Dollars for SP and hold for the long term. Thereโs a lot to Steem and the Steemit platform, but many of the intricacies fall beyond the scope of this article. I recommend learning more about Steemit and the role Steem plays in detail (the whitepaper is a great source). The Opportunity So, one of the biggest questions I had is โwhy would anyone hold Steem if itโs got downward pressure of at least 9.5% every year?โ <a href="http://ibb.co/bXHriH"><img src="http://preview.ibb.co/kHyLcc/Screen_Shot_2017_11_26_at_12_05_59_AM_768x361.png" alt="Screen_Shot_2017_11_26_at_12_05_59_AM_768x361" border="0"></a> SEARCH Hacked: Hacking Finance Hacked: Hacking Finance ALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov Steem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity. // -- Discuss and ask questions in our community on Workplace. While leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure. Now, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The Problem: In order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve. The battle for attention: More than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites. The onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies. This means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed. The Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well. The battle for monetization: Unsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas. The digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals. The problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll. Creating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it. The Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself. Steemit: the Solution the Content World Needs Steemit is an extremely interesting solution. Here are a few quick hits of what you need to know. Steemit has three different currencies: Steem: The currency that can be bought and sold on most open markets. This is how most people using the Steemit platform โcash outโ. Steem currently โerodesโ at an annual rate of 9.5% every year due to the production of new Steem. Steem Power Units: Steem Power Units (SP) are a more long-term offering. When you buy SP, youโre locked into it for 2 years. This limit is meant to keep people invested in the platform long-term and stop people from suddenly dumping their units on the market. Holding SP entitles the owner to a proportionate ownership share in the network. 90% of all the new Steem made every day goes to people holding SP. Additionally, half of what content creators receive when paid out per post is in SP. Holders of SP receive a higher weight to their upvotes, helping users to build up more of an authority and influence on the site. Steem Dollars: Steem Dollars are pegged to the U.S. Dollar and are a bit more stable. 50% of the compensation comes in Steem Dollars. Holders of Steem Dollars are able to do one of three options: Convert them into Steem and sell them on the open market. Hold them and essentially earn 10% interest when compared to Steem. Exchange Steem Dollars for SP and hold for the long term. Thereโs a lot to Steem and the Steemit platform, but many of the intricacies fall beyond the scope of this article. I recommend learning more about Steemit and the role Steem plays in detail (the whitepaper is a great source). The Opportunity So, one of the biggest questions I had is โwhy would anyone hold Steem if itโs got downward pressure of at least 9.5% every year?โ Well, my bet is on the opportunity outside of just market forces surrounding Steem. The Steemit platform is far from nearing how big it could potentially be, and itโs got a few big ingredients working in its favor: Building an engaged community. The Steemit platform is doing an awesome job of not only incentivizing engagement through monetary compensation, itโs also started to attract a highly engaged and loyal community (much like Reddit and 4chan). The call for influencers is appealing. Soon enough, influencers with large audiences will see the value of being on the Steemit platform by holding Steem Power Units. It seems like very few influencers (even in the slightly esoteric crypto crowds) are currently making use of this. Lethal engine for growth. Users of Steemit are best incentivized to refer their friends to their site and link to their articles. The onboarding of Steemit has some serious potential. Steemโs not even close to its previous ATH. Steem was hovering around $4.00 momentarily in July 2016, and only started to slowly pick back up in May 2017. Establishing an audience and building the Steemit platform go hand in hand. Many content owners can find a home in Steemit and are able to invest in the platform to have more influence when it comes to voting or reaching consensus. Steem Power Units. While SP is locked in for 2 years, holders get to enjoy some pretty substantial benefits such as accumulating extra SP every day. Final Thoughts While I canโt and wonโt make any predictions on price, I think the evidence supporting the Steemit platform is hard to overlook. If I were to surmise a prediction, I could see Steem Power Units being a practical investment for content creators (or any other digital marketing talent) looking to explore a new avenue for their content. A few words of caution before we close this out: Steem has the tendency to be fairly volatile. Itโs been around for awhile (relative to other cryptocurrencies) and experienced a pretty sharp drop from $4.34 to $0.102 a few weeks in 2016. It has seen a decent lift starting May 2017, but this could simply be due to the general rise in most cryptocurrency prices. Additionally, the downward pressure of 9.5% can be a tough pill to swallow. Finding a way to capitalize on the potential of the Steemit platform and the current Steem prices could be incredibly lucrative. |
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| permlink | steem-long-term-potential-worth-the-risk |
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"body": "<a href=\"http://ibb.co/jqkxqx\"><img src=\"http://preview.ibb.co/bND6iH/cryptocurrency_analysis.jpg\" alt=\"cryptocurrency_analysis\" border=\"0\"></a>\n\nSteem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity.\n\n// -- Discuss and ask questions in our community on Workplace.\nWhile leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure.\n\n<a href=\"http://ibb.co/j3LDVx\"><img src=\"http://preview.ibb.co/eeGnqx/Screen_Shot_2017_11_26_at_12_05_53_AM.png\" alt=\"Screen_Shot_2017_11_26_at_12_05_53_AM\" border=\"0\"></a>\n\n\nSEARCH\nHacked: Hacking Finance\nHacked: Hacking Finance\nALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov\n\nSteem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity.\n\n// -- Discuss and ask questions in our community on Workplace.\nWhile leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure.\n\n\n\nNow, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token.\n\n// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //\nThe Problem:\nIn order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve.\n\nThe battle for attention:\nMore than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites.\n\nThe onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies.\n\nThis means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed.\n\nThe Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well.\n\nThe battle for monetization:\nUnsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas.\n\nThe digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals.\n\nThe problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll.\n\nCreating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it.\n\nThe Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself.\n\nSteemit: the Solution the Content World Needs\nSteemit is an extremely interesting solution. Here are a few quick hits of what you need to know.\n\n<a href=\"http://ibb.co/jQv8xc\"><img src=\"http://preview.ibb.co/kZNoxc/Screen_Shot_2017_11_26_at_12_10_43_AM.png\" alt=\"Screen_Shot_2017_11_26_at_12_10_43_AM\" border=\"0\"></a>\n\n\nSEARCH\nHacked: Hacking Finance\nHacked: Hacking Finance\nALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov\n\nSteem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity.\n\n// -- Discuss and ask questions in our community on Workplace.\nWhile leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure.\n\n\n\nNow, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token.\n\n// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //\nThe Problem:\nIn order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve.\n\nThe battle for attention:\nMore than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites.\n\nThe onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies.\n\nThis means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed.\n\nThe Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well.\n\nThe battle for monetization:\nUnsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas.\n\nThe digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals.\n\nThe problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll.\n\nCreating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it.\n\nThe Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself.\n\nSteemit: the Solution the Content World Needs\nSteemit is an extremely interesting solution. Here are a few quick hits of what you need to know.\n\n\n\nSteemit has three different currencies:\n\nSteem: The currency that can be bought and sold on most open markets. This is how most people using the Steemit platform โcash outโ. Steem currently โerodesโ at an annual rate of 9.5% every year due to the production of new Steem.\n\nSteem Power Units: Steem Power Units (SP) are a more long-term offering. When you buy SP, youโre locked into it for 2 years. This limit is meant to keep people invested in the platform long-term and stop people from suddenly dumping their units on the market. Holding SP entitles the owner to a proportionate ownership share in the network. 90% of all the new Steem made every day goes to people holding SP. Additionally, half of what content creators receive when paid out per post is in SP.\n\nHolders of SP receive a higher weight to their upvotes, helping users to build up more of an authority and influence on the site.\n\nSteem Dollars: Steem Dollars are pegged to the U.S. Dollar and are a bit more stable. 50% of the compensation comes in Steem Dollars. Holders of Steem Dollars are able to do one of three options:\n\nConvert them into Steem and sell them on the open market.\nHold them and essentially earn 10% interest when compared to Steem.\nExchange Steem Dollars for SP and hold for the long term.\nThereโs a lot to Steem and the Steemit platform, but many of the intricacies fall beyond the scope of this article. I recommend learning more about Steemit and the role Steem plays in detail (the whitepaper is a great source).\n\nThe Opportunity\nSo, one of the biggest questions I had is โwhy would anyone hold Steem if itโs got downward pressure of at least 9.5% every year?โ\n\n<a href=\"http://ibb.co/bXHriH\"><img src=\"http://preview.ibb.co/kHyLcc/Screen_Shot_2017_11_26_at_12_05_59_AM_768x361.png\" alt=\"Screen_Shot_2017_11_26_at_12_05_59_AM_768x361\" border=\"0\"></a>\n\n\nSEARCH\nHacked: Hacking Finance\nHacked: Hacking Finance\nALTCOINSSteem: Long-Term Potential Worth the Risk?Published 3 months ago on November 26, 2017 By Alex Moskov\n\nSteem is one of the three currencies created by the Steemit platform and it presents an interesting investment opportunity.\n\n// -- Discuss and ask questions in our community on Workplace.\nWhile leisurely perusing the Steemit whitepaper, I started seeing something valuable in Steem, despite some extensive downward pressure.\n\n\n\nNow, this article isnโt to be taken as investment advice for any short-term or long-term gain, but it will help present a few of the thoughts I had when reviewing this token.\n\n// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //\nThe Problem:\nIn order to understand Steem, itโs useful we dive into the Steemit platform and the overall problem Steemit is looking to solve.\n\nThe battle for attention:\nMore than two million blog posts are written and published EVERY DAY, and each has to find a way to break through the noise. Many content creators utilize some sort of combination of owning their own platform (ie. www.alexmoskov.me), guest posting or being a contributor on various other sites.\n\nThe onus of content distribution falls on the content creator, and many content creators end up finding that content distribution can take more time and effort than the creation of content itself. Then, youโve got content creators who operate at a much larger scale and are capable of creating much bigger impressions through the use of different marketing strategies.\n\nThis means that the content you see on a daily basis isnโt necessarily the best, but it might be the best marketed.\n\nThe Steemit platform helps alleviate this problem by rewarding content curators. People who upvote and comment on posts get rewarded. The more Steem Power Units curators have, the more their vote will count, the more influence they will have, and the more they will get paid as well.\n\nThe battle for monetization:\nUnsurprisingly, The current content dilemma circles around money. The Internet has provided virtually anyone a platform to voice their opinions and ideas.\n\nThe digital environment has given multi-million dollar media companies a new outlet, and content creation has developed into a full-time job for many individuals.\n\nThe problem with content is how content is monetized. The most viable ways to get paid for content for many media companies and individuals are either through advertising, affiliate marketing, or some sort of payroll.\n\nCreating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isnโt so keen to pay for it.\n\nThe Steemit platform offers a solution by directly rewarding content creators for their content. If a piece of content is genuinely popular and valuable, the writer ends up being compensated. This money comes not from the audience, but from the Steemit network itself.\n\nSteemit: the Solution the Content World Needs\nSteemit is an extremely interesting solution. Here are a few quick hits of what you need to know.\n\n\n\nSteemit has three different currencies:\n\nSteem: The currency that can be bought and sold on most open markets. This is how most people using the Steemit platform โcash outโ. Steem currently โerodesโ at an annual rate of 9.5% every year due to the production of new Steem.\n\nSteem Power Units: Steem Power Units (SP) are a more long-term offering. When you buy SP, youโre locked into it for 2 years. This limit is meant to keep people invested in the platform long-term and stop people from suddenly dumping their units on the market. Holding SP entitles the owner to a proportionate ownership share in the network. 90% of all the new Steem made every day goes to people holding SP. Additionally, half of what content creators receive when paid out per post is in SP.\n\nHolders of SP receive a higher weight to their upvotes, helping users to build up more of an authority and influence on the site.\n\nSteem Dollars: Steem Dollars are pegged to the U.S. Dollar and are a bit more stable. 50% of the compensation comes in Steem Dollars. Holders of Steem Dollars are able to do one of three options:\n\nConvert them into Steem and sell them on the open market.\nHold them and essentially earn 10% interest when compared to Steem.\nExchange Steem Dollars for SP and hold for the long term.\nThereโs a lot to Steem and the Steemit platform, but many of the intricacies fall beyond the scope of this article. I recommend learning more about Steemit and the role Steem plays in detail (the whitepaper is a great source).\n\nThe Opportunity\nSo, one of the biggest questions I had is โwhy would anyone hold Steem if itโs got downward pressure of at least 9.5% every year?โ\n\n\n\nWell, my bet is on the opportunity outside of just market forces surrounding Steem. The Steemit platform is far from nearing how big it could potentially be, and itโs got a few big ingredients working in its favor:\n\nBuilding an engaged community. The Steemit platform is doing an awesome job of not only incentivizing engagement through monetary compensation, itโs also started to attract a highly engaged and loyal community (much like Reddit and 4chan).\nThe call for influencers is appealing. Soon enough, influencers with large audiences will see the value of being on the Steemit platform by holding Steem Power Units. It seems like very few influencers (even in the slightly esoteric crypto crowds) are currently making use of this.\n\nLethal engine for growth. Users of Steemit are best incentivized to refer their friends to their site and link to their articles. The onboarding of Steemit has some serious potential.\nSteemโs not even close to its previous ATH. Steem was hovering around $4.00 momentarily in July 2016, and only started to slowly pick back up in May 2017. \nEstablishing an audience and building the Steemit platform go hand in hand. Many content owners can find a home in Steemit and are able to invest in the platform to have more influence when it comes to voting or reaching consensus.\n\nSteem Power Units. While SP is locked in for 2 years, holders get to enjoy some pretty substantial benefits such as accumulating extra SP every day.\n\nFinal Thoughts\nWhile I canโt and wonโt make any predictions on price, I think the evidence supporting the Steemit platform is hard to overlook.\n\nIf I were to surmise a prediction, I could see Steem Power Units being a practical investment for content creators (or any other digital marketing talent) looking to explore a new avenue for their content.\n\nA few words of caution before we close this out: Steem has the tendency to be fairly volatile. Itโs been around for awhile (relative to other cryptocurrencies) and experienced a pretty sharp drop from $4.34 to $0.102 a few weeks in 2016. It has seen a decent lift starting May 2017, but this could simply be due to the general rise in most cryptocurrency prices. Additionally, the downward pressure of 9.5% can be a tough pill to swallow.\n\nFinding a way to capitalize on the potential of the Steemit platform and the current Steem prices could be incredibly lucrative.",
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kumar2013followed @farhanafarha
2018/02/21 06:32:39
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}kumar2013upvoted (100.00%) @samstonehill / what-to-say-to-kids-instead-of-be-careful2018/02/21 06:24:33
kumar2013upvoted (100.00%) @samstonehill / what-to-say-to-kids-instead-of-be-careful
2018/02/21 06:24:33
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2018/02/21 06:24:03
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2018/02/21 06:23:09
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.cxotoday.com/story/infosys-partners-with-ptc-to-launch-iiot-coe-in-bengaluru/ |
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}cheetahupvoted (0.08%) @kumar2013 / infosys-and-ptc-launch-industrial-iot-center-of-excellence2018/02/21 06:22:54
cheetahupvoted (0.08%) @kumar2013 / infosys-and-ptc-launch-industrial-iot-center-of-excellence
2018/02/21 06:22:54
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