JUST THE APPEARANCE DOESN’T CHANGE.

Prosperousca IO

Published in

Prosperous Capital

7 min readMay 24, 2018

By Meleeza Rathnayake

“Economy does not lie in sparing money, but in spending it wisely”

-Thomas Henry Huxley-

The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money). In some contexts, the two terms are distinguished: the “international” or “global economy” being measured separately and distinguished from national economies while the “world economy” is simply an aggregate of the separate countries’ measurements. Beyond the minimum standard concerning value in production, use and exchange the definitions, representations, models and valuations of the world economy.

Indicators of economic conditions provide important insights to investors and businesses. Investors use indicators of economic conditions to adjust their views on economic growth and profitability. An improvement in economic conditions would lead investors to be more optimistic about the future and potentially invest more as they expect positive returns. The opposite could be true if economic conditions worsen. Similarly, businesses monitor economic conditions to gain insight into their own sales growth and profitability. A fairly typical way of forecasting growth would be to use the previous year’s trend as a baseline and augment it with the latest economic data and projections that are most relevant to their products and services. For example, a construction company would look at economic conditions in the housing sector to understand whether momentum is improving or slowing and adjust its business strategy accordingly.

Stay tuned and listen to how PCCL is going to indicate you with the latest.

The block chain is an undeniably ingenious invention — the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Block chain?

By allowing digital information to be distributed but not copied, block chain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bit coin, the tech community is now finding other potential uses for the technology.

Bit coin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $9 billion US. And block chains can make other types of digital value. Like the internet (or your car), you don’t need to know how the block chain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary.

So, we hope you enjoy this, and before you get involved with it, get to know the latest and risen prices in the bit coin market.

Here we are as your indicator.

I just first want you to know how Alexavier Guzman, Forbes Staff Member, discussing about the latest statistics in the world, here you go with the statement of Guzman.

“Crypto currencies have actively made headlines in recent months due to the rise in popularity. As more people adopt new ways of transferring value, markets of all types are being disrupted. The adoption of block chain technology and the innovative products built on top of it, namely digital assets or crypto currencies and similar value-exchange mechanisms, are gearing towards dramatically changing how we transact in our day-to-day life. Disrupting the entire financial industry is already a major effect of the rise of crypto currencies, but it is not the only industry that this phenomenon will affect.

A multitude of industries are being rewritten and new ones are being created every day. Crypto currencies are having a direct and indirect impact on people, organizations and countries all over the world. Take for instance Ivan Liljeqvist, a Software Developer from Stockholm, Sweden and founder of Ivan on Tech, a YouTube channel that informs users about crypto currencies and tries to breach the gap between the expert and the average user. Ivan produces videos explaining to the average user the advantages and disadvantages of certain crypto currencies and their underlying technology. Ivan’s channel grew from 4,000 to over 100,000 subscribers in just a few months, a major increase (+2,500%) and an example of how the ripple effect of crypto currencies benefit not only those who hold the digital asset, but content creators as well. As a technology content creator focused on block chain, crypto currencies and similar technologies, he is able to help those who want to take a part in the crypto currency phenomenon but simply do not know where to start. Ivan now travels all around the world speaking at conferences about the importance of understanding these disruptive technologies. Because of his channel’s popularity, he is now exploring new verticals and coming up with new ways to help those wanting to understand all of the recent buzz.

Media coverage is one of the reasons why crypto currencies have reached their popularity. When Bit coin was created in 2009, only those close to the project were able to participate in the network. Most people were not aware of its existence until it received media attention and information about this disruptive technology began to emerge. As the average user tuned in to learn all about Bit coin from their preferred media outlet, we began to see an exponential increase in the value of Bit coin, as people eager to be a part of this new technology began to join the network. New exchanges were created for people to trade their local currency for crypto currencies, and information began to spread on social media and the press. Today, the spotlight is on the incredible increase in the value of Bit coin and related crypto currencies. Information both vilifying and praising these technologies make headlines around the world, and skeptics and lovers share their thoughts on social networks. Content creators need to be careful when releasing information about crypto currencies, as we have seen that these could have major effects on an already volatile market. Rightfully, information is crucial when it comes to breaching the gap between the expert and the average user trying to be a part of this global phenomenon.

Breaching the gap and helping people join this phenomenon is just the start. If crypto currencies are here to stay, we need to make sure everyone is able to participate. By having a healthy community around various crypto currencies, we can ensure that the future of these technologies is in the hands of the majority of the global population. Once everyone in the world is able to take advantage of these breakthroughs, we will see new businesses flourish and new opportunities arise–and we are already seeing that occur. Decentralized networks like the Bit coin network can be used by people anywhere in the world to transact with one another, and decentralized applications can be built on top of Ethereal or EOS to allow for more scalable and independent products. It should not be a surprise that these technologies will have a major economic impact in developing countries, as they become the alternative to an otherwise polluted, expensive and inefficient system.

In Zimbabwe for instance, Bit coin is trading at above average prices, as the demand for the digital currency is ever-increasing. It is also the case that decentralization is not always required. Ripple Labs for example, a company who claims to have the fastest and most scalable digital asset (XRP) has been under fire recently due to concerns that they control most of their digital asset. Although controversial, companies like Ripple are also set to change the world dramatically, as they allow for faster settlement across ledgers and connect financial institutions all over the world. This will mean that countries that would otherwise go through various expensive routes to send money across international borders will be able to trade at a lower cost and more efficiently. There is no “one size fits all” in crypto currencies, as the use cases of some crypto currencies benefit some users more than others, but the options are there for those who want to take advantage of them.

Disruptive technologies such as block chain and crypto currencies are able to rewrite our day-to-day life. The effect of crypto currencies is seen not only in the financial industry, but in various markets all across the world. Crypto currencies and related technologies can have direct and indirect effects on a personal, organizational and geographical level. Their effects can reach anyone, from content creators, to small companies in the middle of the Amazon rainforest, to entire countries. It is this wide spectrum of impact what powers new businesses and opportunities, the seemingly unlimited potential of how markets are being rewritten by these technologies. As more people realize their potential, and as new users are able to participate in the various networks, the ripple effect of crypto currencies will reach every corner of the world.”

Discussing further about the ICO Statistics of 2018 is as follows,