The way to master the art of time management

Time mastery is possible for anyone willing to learn the art. Unfortunately, many people go through life feeling rushed and constantly behind schedule. This is often because they have not learned how to effectively manage their time. Time management is not a skill that comes naturally to most people; it must be learned. And once it is mastered, it can be applied to every area of your life, from work to family responsibilities to personal time.
There are a few steps you can take to improve your time management skills and utilise the maximum of your day.

  • Set defined goals
    Setting well-defined goals on what you want to achieve can massively impact your productivity and improve your overall wellbeing
  • Take things one at a time
    Trying to handle everything at a time will be exhausting and time-consuming. It is efficient to take on one thing at a time.
  • Manage your priorities
    Have a clear idea of your priorities. Keep watch on them and do things accordingly. Learn how to do certain things effectively. This can help you to achieve maximum results in a minimum amount of time.
  • Have a routine
    Having a routine will clear the uncertainty from your mind to work at the time where you feel most productive. Have consistent results and, over time, achieve significantly greater results.

In short, it is about how smart you work!

What are the different types of NFTs?

Cryptocurrencies and blockchain technology have brought about a new way of conducting transactions, and with it, a wave of digital assets. These assets take many forms, but one of the most interesting is that of non-fungible tokens or NFTs. NFTs are unique in that each one is different from the next, and they can be used to represent anything from digital Collectibles to real-world assets. In this article, we’ll take a look at the different types of NFTs.

The 5 prominent entries in a non-fungible tokens list would include the following,

Collectibles & Artwork
Scarcity, uniqueness, and proof of ownership were traits associated with art in the physical world. With Digital art being popular, there are more who go the NFT way. As a result, creators are able to own and sell their digital work, which leads to a whole new market for original digital art and collectables.

Event tickets
Picture this. There is an event you are planning on attending. The event manager could mint a certain number of NFT tickets on a blockchain platform of their choice. Tickets could be purchased through an auction and stored in the customers’ wallets for easy access via mobile devices. How cool will that be?

Music and media
Music and media are also performing experiments with NFTs, thus leading to another category of NFTs. And Bollywood celebrities are also hopping on this bandwagon.

NFTs have attracted a great deal of interest among game developers.
By allowing users to access ownership records for in-game items, they can encourage the growth of in-game economies.

This does not mean that we are leaving out other types of NFTs. You can also see that NFTs are revolutionising Virtual items, Real-world assets, Identities, Memes and Domain names too!

Three Steps in Startup Acquisition

If you thought that COVID 19 brought the world to a standstill, think again. According to a White & Case report, mergers and acquisition activity in India recorded 598 deals valued at $112.8 billion during 2021, which is a new record. This year, they say, will not be any different.

These days, mergers and Acquisitions are the norms, especially in the startup ecosystem! In simple terms, an acquisition involves buying a company that has gained traction in the market by another company with similar interests. However, there are cases where startups acquire new startups too. So, what are the steps in an acquisition? Let’s take a look.

Step 1 is always about having the right plan

Why are you thinking about buying a new company? It could be for finding new markets, getting advanced technology, geographical growth, or increasing the Geographic growth strategy and market share. This makes defining the plan an essential component.

Step 2 Research and build an Acquisition Team

Once you have a plan in place, you need to find which startup will suit your requirements. This needs research. Once you have identified what you need, you build a team of negotiators who can make the deal.

Step 3 Signing on the dotted line

Once you have everything in place, make the deal, negotiate the terms, check the paperwork, and sign the contract.

Reference: India M&A sets new records in 2021

How to use blockchain in financial services

One of the leading innovations in the finance industry, Blockchain technology is decentralised, distributed, and is a public ledger that promises to reduce fraud, ensure quick and secure transactions and trades, and ultimately help manage risk within the interconnected global financial system.

Blockchain technology impacts Capital markets by its decentralization feature. By providing portfolio digitization and transaction confidentiality, it makes a huge impact on the asset management of stakeholders. Quick and secure transaction facilities provided to retailers, wholesalers, and banking institution makes the practice of global payment transaction seamless.

The digitization of assets makes the process of verification and transaction of documents so much easier. This can aid in the creation of efficient and reliable financial structures. The technology affects insurance by automating claims processing and efficient payouts; this results in breaking away from the traditional brokerage systems.
All these above-mentioned processes encourage the importance of adopting blockchain into the financial system, where people can break free from the shackles of traditional establishments and have the freedom to choose.

How to become a web3 Developer

The introduction of web3.0 has shattered the idea of the internet, which we have all known for a long time. The introduction of blockchain technology has changed everything from the usage and ownership of digital assets to financial institutions.

Before you begin your journey of becoming a web3 developer, there are a few prerequisites, such as knowing JavaScript and web development in general.

Having a proper foundation is necessary so that you can being to learn the fundamentals of blockchain. Even though the name sounds harmless, you should not be taking it lightly. It is a complex piece of tech that requires extensive knowledge to master.

After understanding blockchain, you should learn about smart contracts. Which is code deployed onto the blockchain. Following smart contracts, you can learn solidity, a language that is used extensively, which allows developers to build smart contracts on Ethereum VM.
And after gaining thorough knowledge on all of these, you should be able to create a proper portfolio and deploy your test net to showcase your skills and put yourselves out there so the right people can find you.

Types of Office Spaces

While much has been written about the post-pandemic workspaces, there is no denying the fact that offices will continue to play a crucial role in our lives. Here’s a deep dive into the types of office spaces and the transitions that will define the future of workspaces.

1) Traditional Office
The most basic of office layouts, there is no doubt that the traditional office space is the most functional one. An open floor plan. Rows of desks and furniture arranged to enhance the productivity and performance of the teams involved were the hallmark of this layout. However, this layout is undergoing a sea of change in the post-Covid 19 world.

2) Business Centers
A business centre is a physical place providing office solutions to all types of businesses and organisations. They are generally a group of buildings that houses many smaller offices located in premium areas of any city and provide premium services to their tenants.

3) Shared or Coworking space
As the number of web-based -entrepreneurs and freelancers grew, they needed an alternative to working from the garage or the coffee shops – the result was the coworking space. Since its birth in the 2000s, coworking spaces have now evolved into a global phenomenon. If you are someone who swears by flexibility, along with convenience, coworking is the way to go. And it is a great value proposition too, especially if you are a startup. The IT parks across Kerala offer co-working and plug and play office spaces. Contact us for more details

4) Future-ready workspaces
Rows of desks. An open floor plan. Teams sitting and working together. This was the all-familiar sight before the Covid 19 pandemic changed life as we knew it. We have moved on. The office spaces of the future will follow the go green philosophy, flex for success and embrace outdoor spaces. Read more about the changes that the big names in tech have already adapted here.

What is NFT, and how do they work?

An NFT or Non-fungible tokens are one-of-a-kind digital assets that can be bought and sold online; however, they have no tangible form of their own. Therefore, each NFT is a unit of data stored on a digital ledger that is also known as a blockchain. NFT data units may be associated with digital files such as photos, videos, and audio. This also implies that each NFT represents a different underlying asset and can have another value. Simply put, no two NFTs are similar. Digital art is currently the most common use of the NFT. NFTs belong mainly to the Ethereum blockchain.

How do they work?

When NFTs are created or minted, they execute a code stored in smart contracts that conform to different standards. Like cryptocurrencies, NFTs are bought and sold on specialized platforms; however, what changes hands is a certificate of ownership. With a bit of technical know-how, it is also possible to make, or “mint”, your own NFT.

The truth is: The NFTs have opened up a new platform for struggling artists and musicians to participate in the same and generate monetary benefits. The NFTs aren’t limited to them, though; anything unique and rare can be traded. Digital art, collectibles, Ticketing, games. Virtual worlds, sports, fashion, Film, Music, Academia. It includes these fields and much more.

STATS: The digital artwork entitled “Everyday – The First 5000 Days”, by artist Mike Winkelmann, also known as ‘Beeple’, sold for US$69.3 million in 2021.

And closer home in India, Amitabh Bachchan is among the first Indian actors to jump on the NFT bandwagon and is all set to roll out his own NFTs.

Business lessons from top CEOs

Leadership drives business to excel. A great leader is one who leads from the front. Here are 3 top lessons from famous CEO’s

1. Invest In Your Team
“Hire the best for your team,” said Steve Jobs, Founder of Apple. Being a CEO, he said, is not about mastering the ability to wear many hats or try to excel at everything. The secret to success is to surround yourself with talented people and delegate work effectively.

2) Obsess about customers/clients
“Focusing on the customer makes a company more resilient, ” says Jeff Bezos, the founder and executive chairman of Amazon. “We’re not competitor obsessed, we’re customer-obsessed. We start with the customer and we work backward.” And there is no doubt that it has worked wonderfully for Amazon!

3) Optimism is key
There will be ups and downs in business and a great CEO should be able to take both success and failure in the same gait. Matt Certo founded his marketing company, Find some & Winmore says “Along with dark skies, storm clouds, and everything else that’s bleak, running a business requires optimism.”

Tips to improve your public speaking skills

Public speaking is an art. To some, it comes naturally; to some others, it takes a bit of preparation. Here are some tips to brush up on your public speaking skills

  • Prepare the points to be presented before the audience. Sound knowledge of the subject or the topic is highly beneficial. Understanding and studying the audience is an added advantage.
  • Rehearsing the speech before a mirror or recording it before presenting it before the audience can also help in boosting your confidence.
  • Adding a visual aid while giving the speech helps the audience better understand and, in turn, helps us remember the essential points to be presented in an orderly manner. A good speaker always uses visualization methods and similar techniques to improve their results.
  • Dress up for the event. Once you look confident and competent, you feel positive about yourself. Hence, it gives the best confidence, which automatically provides better performance as well as an end result.
  • Make sure to portray an energetic and positive attitude as this is an easy way to tackle stage fright or public speaking. Stage fear is good as it helps you improvise over a while and enhance confidence and overall performance.

Myths About Blockchain

Blockchain, bitcoin, cryptocurrencies – these are the buzzwords now. A blockchain is a distributed digital database that is shared among different stakeholders. However, there are a lot of myths surrounding blockchain. We take a look at the top 3:

Blockchain equals Bitcoin.

Blockchain is the root technology behind bitcoin. However, it has evolved and is used for various purposes. While blockchain deals with data, Bitcoin is a cryptocurrency.

Blockchain is secure.

Blockchain is designed for immutability. The involvement of all stakeholders is needed for altering. However, security is another ball game entirely.

Blockchains are fit only for finance

Even though the blockchain concept was proposed in the early 1990s, it evolved into being widely used as the core technology behind Bitcoin in 2008. And now, it has spread beyond its cryptocurrency roots. It is also being used in real estate, healthcare, and other areas.