What is Digital Currency?

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We now live in a digital world where almost everything is now digitalized. Even money itself has now become a become a digital currency. From the looks of this, cash may not be present forever, because there’s been a recent switch in modes of payment which can cause the extinction of cash. This recent development is Digital currency (or money).   What is digital currency? Digital currency (or money) is a form of money or means of payment that is available in only electronic or digital form. It is not physically tangible because they’re in electronic form and can only be accessed with computers or mobile phones with an internet connection. Digital currencies are stored in a centralized or decentralized ledger or block-chains.   Characteristics of digital currency As stated earlier, digital currencies only exist in electronic/digital form. They don’t have any physical form. Digital money can be in centralized or decentralized currency form. An example of a centralized form is the Fiat currency. A decentralized form of currency example is Cryptocurrencies such as Bitcoin.   Types of digital currency Different types of digital currencies exist in the digital world. Here are 2 major types of digital currency; Cryptocurrency: this is a digital token that is unregulated and exists in digital form. It allows people to make payments to one another through an online method. The most common examples of cryptocurrencies are Ethereum, Bitcoin, and Litecoin. Central Bank Digital Currency(CBDC): it is a digital money form that is granted by a central bank and can be accessed by the populace.   Benefits and risks of digital currency Digital currencies can be favorable or unfavorable in the financial world. Some of the benefits of digital currencies include; Speedy deals– deals are faster than the traditional form of payment because the transfer of available funds is made easier through online approaches. No extra fee charge– compared to traditional financial institutions that include an extra fee on every transaction made, the use of digital currencies requires no extra fee charged for any transactions made. Funds tracking– since transactions are made online, you can track your funds for any payment made. Easy accessibility– digital currencies (or money) can be used by anyone since it is done online.   Some risks of using digital currency are; Exposure to hacking– since digital currencies are operated online, they’re vulnerable to hacks, and most times funds are stolen. Instability– most digital currencies are decentralized meaning they are not backed up by central banks or the government. This makes them unstable and may lose or gain value quickly. Criminal accessibility– criminals can scam or exploit individuals with the use of digital currencies because they are easily accessible. They can use digital currencies for laundering money or illegal activities.   Future of digital currency Digital currencies represent the future of finance. Therefore, governments and central banks of countries all over the world are on the look to create their digital currency. Digital currencies, since their launch, offer flexibility in terms of easy accessibility to every individual. It will also help to build the economy of the country because it will be economical, and serve as a quick and easy mode of transaction. Digital currency can help to improve trade and also open up multiple chances to improve the financial state of countries.   Conclusion Due to innovations and digitization of the world now, it can be said that even money is moving in the digital direction. Digital currencies are the future of money/finance. Digital currency is not physical but is available in digital forms making the world a less stressful place by making transactions easy and faster! ALSO READ: Reinvention            

Make Money From Yahoo…

Make Money From Yahoo

Making money from Yahoo and other sites is no longer news as long you have a website. Hold on a minute. Don’t overthink it yet.  But how can you spend so much to get a website, yet your story remains the same. No visibility, no sales and all the goodies that should come from having a website. If Mama Mercy who does not have a website, can make so much from just having an active social media presence, how much more you who took the initiative to get a website. Well, it’s not your fault, you have probably not done the needful on your site. Ever heard of Website Optimization? Oh! You haven’t? Ok, let’s break it down a bit. Website Optimization involves the use of expert strategies to get your website recognized by popular Search Engines. Oh! Another big word? Don’t overthink the word ‘Search Engine.’ They are simply platforms or sites people visit to search for information. Examples are Google, Yahoo, Bing and lots more. What optimizing your website does is to get your business to be seen when users go to these platforms to search for things related to what you do. So, let’s assume you sell fabrics and accessories in Abuja, Nigeria. If your site is well optimized, when people use these search engines to search about Fabric vendors, Accessories vendors in Abuja, depending on how they search it, your website should be seen by them. Here is the problem, not everyone’s an expert in Website Optimization. It only takes professionals who understand the importance of keywords and other strategies to handle this effectively. This is where TRW consult comes in. We have proven to be experts in website optimization. If you want your business to be seen when searched, contact us to give your website the visibility it deserves. Not only will we optimize your website, we will also handle your social media optimization too. That way, you can be seen on Facebook, IG, etc, without stress. READ ALSO: 5 Tips On How To Be The Best In What You Do Your site deserves to be seen on Yahoo and Google, too. No time to waste time. Contact us now to get your site on top search engines for maximum ROI.  

Wouldn’t You Like To Save Extra Money And Also Earn Like Me?

Wouldn't You Like To Save Extra Money And Also Earn Like Me (2)

I got tired of the life I was living. No job after years of graduation as an Agricultural Extensionist. I had little or no money to take care of my basic needs, let alone take care of Mama. After sending many job applications, I gave up trying and decided to take the bull by the horns. I was passionate about writing, so I decided to develop my writing skills, after which I monetized it and started making cool money. Over time, I saw the need to promote my writing using visuals. This spurred me to learn graphics design. Guess what? I enrolled for basic graphics training with as little as 2,000 naira during the COVID-19 lockdown in the comfort of my home. I learnt graphics designing to be able to design for my brand to cut the cost of paying a designer every time I needed a simple design. After the training, every time I made posts with my designs, I always got heartwarming compliments. Gradually, I moved from designing for myself to designing for other brands. Of course, I started earning from graphics designing. I bet you would love to earn like me. As more and more businesses leverage the online space, the need for graphics keeps increasing. Graphic design is the visual representation of information in the form of flyers, banners, animated videos, etc. 🔺 Brands and business owners use graphic designs to communicate their brand’s messages to their audience and customers 🔺 Graphic designs are used to advertise products and services in the most catchy, colourful and appealing manner. As a business owner, I have discovered that graphics are indispensable in business, and I have decided to give you the opportunity to learn and earn from my SMARTPHONE graphics design course. You Will Learn: 🔺 How to design with two different design tools. 🔺 The do’s and don’ts of designing 🔺 How to design product fliers 🔺 How to make real estate designs 🔺 How to monetize your graphics skills. The DESIGN MASTERY course goes for 5,000 naira. However, the first 10 people to grab this offer from now till tomorrow midnight will pay 4,000 naira + one week of FREE mentorship.