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Showing posts from 2018

Insensitive India

A great tragedy brings the worst of enemies together, and the current rape cases (Kathua Rape-Murder case and Unnao Rape case) have proven this once again. Today, one might be happy, to see that the varied section of society coming together and protesting to get justice for the rape victims. But I feel ashamed to see that protests were also happening, in parallel, to support the rapist not by the public but by the ministers whom public chooses as their representatives (what were they trying to prove!? ). While a murderer destroys the physical frame of the victim, a rapist degrades and defiles the soul of a helpless female. Now and then the newspaper reports a rape case, and according to National Crime Records Bureau (NCRB) in majority of the case the accused is known to the victim ( click here  for statewise breakdown). It appears that the rapists are not scared of laws. Prominent leaders and experts have blamed women’s clothing as one of the major factor for increasing rape c...

The age of Cryptocurrency

Before we delve into cryptocurrency and Bitcoin, there are some fundamental concepts which needs understanding. What is Cryptocurrency? A digital asset designed to work as a medium of exchange. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies. Cryptocurrency is used cryptography to- Control creation of additional units Secure its transactions Verify the transfer units (These are the functions that fiat currencies do through the main stream channel) What is Digital Currency (or Digital Money or Electronic Money or Electronic Currency)? Any currency that is present only in a digital form but not in the physical form (like notes and coins) is a digital currency. It will be like physical money with instantaneous transaction and borderless transfer of ownership e.g. cryptocurrencies and virtual currencies. Digital currencies can be used to buy physical goods a...