Tech

The Growing Value of Cryptocurrency

Published

2 years ago

June 30, 2022

Cryptocurrency – a digital currency that collects binary data and is used the same way money is – has became increasingly popular over the years. And there are several good reasons behind its phenomenal success around the world.

Inflation

For years now, one of the biggest issues faced by traditional currency was inflation. There are various cryptocurrencies that do not limit their production although the number of coins they make a year tend to be more limited.

The quantity is generated by a computer file through the American Standard Code For Information Interchange). This means that despite the demand for particular currencies might increase, there will not be more production of that cryptocurrency. An example can include how Ether creates an unlimited supply of coins, whereas Bitcoin production consists of 21 million virtual coins – the upside being that the greater the demand, the higher the price of the cryptocurrency.

Cost-Effective

The best thing about cryptocurrency is that making a payment or sending money with cryptocurrency is significantly cost-effective and quick as compared to traditional means. And it is also for this reason that many casinos have been offering this option as an additional payment method.

One of the reasons why expenses are so low is because cryptocurrencies do not have to go through a middleman when trying to verify a payment. Hence, by its very nature, cryptocurrency does not make use of an intermediary.

Decentralized

Cryptocurrencies are known to be decentralized – meaning that there is no interference from a third party. It also means that people who make use of cryptocurrencies can do peer-to-peer transactions. Additionally, it also provides cryptocurrency with its anonymity factor because it does not allow you to trace the location of the transaction.

Furthermore, this also means that no single-person has control and that instead, it is distributed among the developers who are using the cryptocurrency, a corporation that develops the cryptocurrency, or individuals who have a significant amount of currency.

And these are just a few of the reasons behind the popularity of cryptocurrency. Ever since it was introduced to the public, it has given the power back to the people while creating equality unlike fiat currencies. A prime example of one of the most popularly growing cryptocurrency is Lapoyoma, where everyone is taking their cryptocurrency needs and getting the best services that meet their needs.

Lapoyoma is a decentralized P2P blockchain payment network founded in 2012 by Dilip Mooparakathm, that allows its customers to utilize virtual money to pay for diverse goods and services.

Headquartered in Suwanee, GA, Lapoyoma serves as a financial platform designed to offer tokens for everyday convenience store, grocery stores, and gas station shoppers. It has an internal payment instrument and stable coin called ‘YAM’ which is used to pay for purchases and receive discounts and cashback for using a token. Additionally, 4% of every transaction is directed into a Buyback Wallet that enables customers to win a reward for every purchase.

The esteem team behind Lapoyoma is centered around the motive to help out small business owners with 0% financing for their business requirements and via the company, offer them with adequate finances to help them earn profit.

Tech

Clarity in Complexity: Dr. Dave Chatterjee’s Gift for Cyber Communication

Published

2 weeks ago

December 9, 2024

Michelle Langton

Photo courtesy of Dr. Dave Chatterjee

By Mj Toledo

A sea of confusing technical terms and threats surround people today. Many feel lost, unsure of how to protect themselves online. A distinguished cybersecurity and technology expert, Dr. Dave Chatterjee is teaching people how. He has practiced information technology management since 2001. In this field, which often bewilders outsiders, he combines academic knowledge with practical insights.

About Dr. Dave Chatterjee

The tech figure authored “Cybersecurity Readiness: A Holistic and High-Performance Approach,” which Sage published and readers praise for its thorough and accessible take on cybersecurity preparation.

Additionally, respected publications like USA Today, The Wall Street Journal, and the Massachusetts Institute of Technology (MIT) Sloan Management Review have recognized his work.

“Communicating complex cybersecurity concepts clearly and effectively is essential,” Dr. Dave Chatterjee explains. “I aim to connect technical know-how with practical understanding, making sure important cybersecurity messages reach and impact all stakeholders, from executives to information technology (IT) staff.”

Dr. Dave Chatterjee has received numerous accolades throughout his career. These include the Outstanding Executive Master of Business Administration Professor of the Year award. He has also been named a University of Georgia (UGA) Outstanding Teaching Faculty Honoree.

Before the pandemic, Dr. Dave Chatterjee launched his Technology Roundtable. It features distinguished business leaders, award-winning chief information officers, and other renowned thought leaders. The roundtable covered topics such as blockchain, artificial intelligence, data quality, and cybersecurity.

Aside from his professional pursuits, he is also passionate about youth development. He also engages in science, technology, engineering and mathematics (STEM) initiatives, offering professional development workshops to K-12 students on topics ranging from making the most of collegiate experiences to safe and responsible use of technology. He also provides summer research opportunities for outstanding high school students, mentoring the next generation of cybersecurity professionals.

Decoding Cybersecurity for All

Dr. Dave Chatterjee believes effective cybersecurity involves people as much as technology. He stresses creating an organization’s security-aware culture, starting with clear, straightforward communication.

“Cybersecurity affects every part of an organization,” Dr. Dave Chatterjee states. “We create a shared sense of responsibility and preparedness by explaining complex ideas in relatable ways.”

This philosophy is evident in his roles, including his position as an adjunct associate professor at Duke University and his past work as a professor at The University of Georgia’s Terry College of Business. His skill in explaining technical concepts has made him a popular speaker and advisor across many industries.

The Power of Clear Communication in Cybersecurity

Clear communication in cybersecurity is non-negotiable. As cyber threats become more complex, explaining security concepts clearly and concisely helps organizations better protect themselves.

“Clear communication forms the foundation of a strong cybersecurity strategy,” Dr. Dave Chatterjee emphasizes. “It allows cybersecurity professionals to work with other departments, identify and reduce potential risks, respond well to incidents, and follow regulations and standards.”

This matters especially now, as cybersecurity has become a top priority for company boards. With experts expecting global cybercrime costs to reach $10.5 trillion by 2025, clear explanations of cyber risks and protection strategies help leaders make informed decisions.

Bridging Technology and Human Understanding

Dr. Dave Chatterjee does more than explain technical ideas. He promotes a better grasp of how people factor into cybersecurity, knowing that even the best security systems can fail due to human error or lack of awareness.

His Cybersecurity Readiness Podcast Series has over 70 episodes and listeners in 105 countries. It offers thought-provoking, jargon-free discussions on improving cybersecurity. These discussions cover strategies for individuals, organizations, and nations. This effort shows his advocacy for making cybersecurity knowledge available worldwide.

“The podcast series creates a community where experts, leaders, and practitioners discuss cybersecurity challenges and opportunities,” he notes. “These conversations help build a more informed and resilient digital ecosystem.”

Making Cybersecurity Less Intimidating

With new technologies like artificial intelligence and quantum computing bringing new challenges and possibilities to cybersecurity, concise communication becomes even more critical.

The tech professional continues to adapt his work in this area. A recent USA Today article, “Dave Chatterjee Drops the Cybersecurity Jargon, Encouraging Proactiveness Rather than Reactiveness,” highlights his ongoing effort to make cybersecurity accessible and actionable for everyone.

“The future of cybersecurity depends on our ability to communicate well across all levels of society,” he concludes. “Promoting a shared understanding of cyber risks and best practices creates a more resilient digital world for everyone.”

The battle for digital security requires more than just advanced technology. It demands clear communication. Dr. Dave Chatterjee’s talent for translating cybersecurity concepts into accessible language turns technical knowledge into practical action.

Undeniably, Dr. Dave Chatterjee’s gift for clarity will remain invaluable, helping create a more secure digital future for everyone.