Browsing: Economy
What is Cryptocurrency? Cryptocurrency is a type of digital money that doesn’t rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Bitcoin, one of the most well-known cryptocurrencies, uses a technology called blockchain to secure and record transactions. How Does Blockchain Work? Blockchain is like a digital ledger that…
Introduction Understanding how the stock market works can be tricky, but using economic indicators can make it easier. Economic indicators are statistics about the economy that can help predict how stocks will perform. This blog explains some of these indicators and how they can be used to guess future trends in the stock market. Gross Domestic Product (GDP) The Gross Domestic Product or GDP is like a scorecard of a country’s economy. It shows the total value of all goods and services produced over a specific time period. When GDP goes up, it usually means businesses are doing well, and…
Introduction Artificial Intelligence (AI) is changing how we work and live. Big companies like Google and Amazon are using AI to do tasks that humans used to do. This can make things faster and cheaper, but it also means some jobs might change or disappear. AI and Jobs New Kinds of Jobs AI creates new jobs that didn’t exist before. For example, someone needs to teach the AI systems how to work. This job is for AI trainers. There are also more jobs for people who know how to use AI, like data scientists. Jobs That Might Change Some jobs…