5 Facts You Never Knew About CryptoCurrency

3Dear readers,

Glad to see you all again at my post.

This time of course with a fascinating topic.

Whenever you talk with people, they say cryptocurrency, digital currency, Bitcoin, bla bla bla..

What are they all about? How this gets into the world in recent years? Now this can’t be shirked out…Sounds amazing..

You are not so called a billionaire even if you have trillion dollars in your pocket and spend it physically.

Getting goosebumps on seeing this!!!

What is a cryptocurrency?

CRYPTOCURRENCY- The Dawn Of New Economy.

Whenever you think of this word, comes to our mind is Bitcoin. It was discovered by satoshi nakamoto in late 2008. He said it is a “peer to peer electronic cash system”.

I think you are following me…

Its personal and you don’t need a bank or a third party for this transactions.

But this sounds normal and I don’t think there is big deal in it.

If so, then I might not have taken this topic.

Every digital cash system is centralized. I just wanna make you clear here. For every digital payment you make, you need to pay certain percentage of tax to the third party and in some payment mode, you need to pay the actual amount you transact as a tax.

Bitcoin is decentralized.

Means?

A peer to peer transaction and you don’t need to pay any third parties.

What about the proof for the transaction?

Yes, I’ll tell you..

Let‘s have a look at the mechanism ruling the databases of cryptocurrencies. A cryptocurrency like Bitcoin consists of a network of peers. Every peer has a record of the complete history of all transactions and thus of the balance of every account.

Looks simple !!

What is more important in this system?

-Payment confirmation

Once a sender sends the coins, the receiver has to confirm the transaction. Only then the transaction will be confirmed. You could say that cryptocurrencies are all about confirmation.

As long as a transaction is unconfirmed, it is pending and can be forged. When a transaction is confirmed, it is set in stone. It is no longer forgeable, it can‘t be reversed, it is part of an immutable record of historical transactions: of the so-called blockchain.

5 Factors about Cryptocurrency:
Permissionless and Open source: There is no gatekeeper.

Fast and global: It doesn‘t matter if I send Bitcoin to my neighbour or to someone on the other side of the world.

Secure: A Bitcoin address is more secure than Fort Knox.

Irreversible : Once paid cannot be reversed. So, send carefully lol..

Pseudonymous : Owners of cryptocurrency keep their digital coins in an encrypted digital wallet. A coin-holder’s identification is stored in an encrypted address that they have control over – it is not attached to a person’s identity.

I have shared my general description about cryptocurrency and their factors. You can share your views and we are here to implement with your website.

How cool is this?

Don’t wait. World is ahead..

Park your point and step up with us.

See you soon with an interesting blog.

With all bliss,
Cogzidel Technologies.

4

How Django Can Help You Improve Your Business Website.

1Hey you,

So far, so good.

Here, I came up with an interesting and forefront framework of Django used worldwide.

It’s been a challenge of how to select a framework for a website that can withstand the high-fidelity and mass users for a website.

Meanwhile, a python framework has been developed for the startups which can be used to develop any type of websites.

Okay!, since it is mainly developed for startups, firstly you have to know what is this platform all about.

Yep… Let’s get in. Stop me if you are not clear anywhere in this blog.

What is Django?
Django web development framework is written on high-level powerful python language. It is like C,C++, java, a programming language. But what makes the developers to develop the site fast and easier. It is mainly created for the newbies and its open source.

But, It sounds old

Sure, it’s old, but not to cobol or fortran old. And if something seems to be useful, let’s make it advance.

Everything seems to have same scenario, I don’t think any special in it.

Well, may be my topic gets you sound like this.

Okay, now let me tell you what makes the difference.

Firstly, make yourself clear that the framework is the collection of modules. This modules are used to develop the website from the backend.

Why Django?
Django web framework is the powerful, scalable, flexible and withstand maximum users for the website came to limelight on 2005. If you were creating a website from scratch you would need to develop these components yourself. By using a framework instead, these components are already built, you just need to configure them properly to match your site.

Hope this is more than enough for the reason it is used.

How Django can be helpful?
It is really hard to mess up with the code as it is developed for newbies.

It can withstand the traffic of the websites.

As it has the complex of modules in the framework, the development of a website will not be that much hard.

And moreover, the trending and popular websites that we use are using this framework.

Hmm,, how can you say so?

Is Twitter, Pinterest, Instagram a well known tools?

Exactly.

Then these people are using this framework for their application.

Sounds great.

At Cogzidel, We do have tech giants to carve your website on Django. As you know, we always stand ahead of Technologies.

Catch us to enhance the user ratings for your website.

See you again with an useful blog soon.

With all Bliss,
Cogzidel Technologies.

2

 

 

Forget Fixed Bid, Think Retainer!

Forget Fixed Bid, Think Retainer!

A Customer and merchant enter a fixed-price deal by agreeing on the final cost of a good or service, which was fixed by the agreement both parties sign and grants to honor. The length of time that the fixed rate lasts depends on the terms of the contract. Considering the Pros and Cons of a fixed-price deal helps a small startup determine whether to execute the option or otherwise.

Predictability

A retainer contract gives both the customer and company a familiar scenario, offering stability during the length of the contract. A buyer may concern about the cost of an excellent or service suddenly expanding, adversely affecting his business plans. The seller may be bothered by the value of his good or service falling suddenly, reducing his income with little information. A buyer may also serve from the predictability of a fixed-price contract, since any degree of possibility on the final cost of the project exceeding initial estimates shifts entirely to the seller. An employee of the acquiring company may favor a fixed-price contract because it gives him a limited budget to present to his superiors for approval, versus a deal where costs may rise indefinitely over time.

Higher Cost

While a fixed-price contract gives a buyer more predictability about the future costs of the good or service negotiated in the deal, this predictability may come with a budget. The team may recognize the risk that he is sensing by estimating the cost and the charges more than the basic rate or an amount that he could negotiate with the prospect on a regular basis to determine for the higher risk the customer is taking.

Market Changes

When market forces the value of a good or service, including any materials or supplies necessary for the production of the good or service, the fixed-price agreement can be an advantage or a drawback. If market might cause the value of the good or service to increase dramatically, the prospect receives a benefit while the customer succumbs potential profits he could have enjoyed outside of the fixed-price agreement. When the price of the service decreases suddenly, the customer sits at a loss and the prospect of advantage.

Budgeting and Ability to Pay

Even though a fixed-price contract may cost a buyer more money up front, the buyer can budget for the costs of the deal and ensure that it has enough funds to fulfill its end of the agreement. When the price service increase dramatically, the customer may no profuse to have the means to honor the deal, meaning the prospect must take sacrifice and contemplate the option of legal action. If the service is necessary to a prospect’s business process, then the buyer’s business may be adversely affected.

Retainers are ideal arrangements for getting ongoing support & making a continual improvement in your Project. A retainer executes the most sense when the project is continuing, and it isn’t explicit precisely what will need to be arranged at any dispensed time. Continuous services are a good example, where there is an overall goal, but the way to get there isn’t explicitly defined. However, the retainers are not just limited to retailing. Some customers have a retainer with us just to be available to eject concepts off of or get help when they require it.

Here’s a categorization of the vital benefit points of hiring a retainer:

Extensive range of services

Most retainer arrangements use a broad number of our abilities and skills. Typically they will cross over from the universe of digital to traditional, spanning design to programming strategy and a funds planning.

When it’s hard to define the scope of services that may be needed, a retainer makes the most thought because it normalizes the rates across all team members, making the budget more predictable and manageable to track.

Longer timeline (typically 6+ months)
Retainers are best for plans that involve ongoing service over an extended timeframe. Typically the minimum estimate timeline is six months, but most retainers are 1, 2 or 3 years in duration. It usually goes hand-in-hand performing with a broad range of services or deliverables.

Broad range of services
Most retainer arrangements use an extensive estimate of our abilities and skills. Typically they will cross over from the universe of digital traditional, spanning design to programming plan and communications funds planning.

When it’s difficult to define the range of services will be needed, a retainer makes the most thought because it normalizes the rates across all team members, making the budget more predictable and manageable to track.

Ongoing needs
When there isn’t a specific start and end to the project, a retainer makes more understanding. Continuous marketing & advertising management services are a perfect example.

Another great example is when we are engaged to provide “as needed” advice and consulting on branding, marketing, web & strategic issues. These have no planned timelines because they often pop up in response to emergencies or unplanned needs.

Budgetary considerations
Because of the nature of a retainer, a budget is a critical concern in whether it makes understanding. Because most retainers require a large area of engagement, the full scope of services, and many resources, the type of project that makes sight on a retainer is going to be reasonably generous by nature.

Our prime focus as a company is to develop more retainer business with our clients. Because our retainer prospects are long-term and use more of our assistance, we prioritize their requirements over projects that come in the door. This means swifter response times and a higher level of service for our retainer clients.

Are you willing to Hire a Retainer for building your next online Business?

Why Cryptocurrency is actually good for your business?

global digital currency bitcoin concept design

Successful new technology undergoes a massive growth in which we try to use it for everything. Email, search, social networking—each passed through this phase. It took time before we figured out what its best applications and limitations were.

You might be familiar with terms like Litecoin (LTC), Ethereum (ETH), Bitcoin, Zcash (ZEC), Ripple (XRP), Monero (XMR) and Ether. They use Blockchain Technology to keep this currency and technology safe.

Over the last couple of years, the name cryptocurrency has been rapidly expanding. At first, it seemed unknown and somewhat scary like the credit card looked to users in its early days.

A blockchain is a protected distributed ledger—which protects you or anyone else from making a copy of that Bitcoin you bought. Some of these ideas are prominent, while others are ludicrous.

Immediate Settlement: Purchasing real property usually involves third parties (Lawyers, Notary), delays, and payment of fees. The bitcoin/cryptocurrency blockchain is a “large property rights database,” says Gallippi.

Lower Fees: BitCoins don’t have a transaction fee. But most users will still engage a third-party service, such as Coinbase to create and maintain their bitcoin wallets

Identity Theft: When you give your credit card to a merchant, you give him or her access, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account.

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to the traditional exchange.

It is worth noting, of course, that governments which already restrict internet access (like China) can and have worked to shut down ICOs (initial coin offerings) and peer-to-peer trading of altcoins. Other governments like Russia and the United States are talking about increasing regulations on these cryptocurrencies. There may be more restrictions on coin ownership. Those who choose to invest their business’s wealth in this manner should be aware of changing legal implications.

In forthcoming years, the motto of fintech developers is going to be “ crypto coins for everything!” Initial Coin Offerings (ICOs), which introduce new cryptocurrencies to the world, has raised $4 billion so far, the currency remains improbable.

Initial Coin Offerings (ICOs) started out as an alternative means for funding new protocols and infrastructure in the crypto universe. Through this process, companies create and sell tokens. The tokens could be hoarded as investments or used to accomplish tasks on their platform.

Bitcoin enthusiasts often point at 2013, when the government of Cypress decided that to stabilize their budgets, they would repossess some of the investments made by businesses and individuals throughout the country. The very nature of Bitcoin makes that impossible. Without both the private and public keys to accounts, there is no way to access a Bitcoin account. This could be considered a more secure way for businesses to hold their wealth.

Global Currency

Bitcoin can ultimately purchase by anyone who has an internet connection and a fiat currency to trade for the digital coins. In many countries where the fiat currency is notoriously unstable, residents are becoming more and more interested in altcoins.

Lower Fees

Even when used domestically, cryptocurrencies have lower overall fees than other digital funding sources. Many brick and mortar stores are familiar with the various credit card fees charged, even on minimum purchases. When accepting or sending Bitcoins and other altcoins, there are no transaction fees; the currency is very much like cash in this way.
That said, converting the currency into a fiat currency can have fees; so can a digital wallet that holds your coins.

New Market Niches

It’s not every day that a company gets the chance to connect with an entirely new niche in their market. Bitcoins have not yet seen widespread adoption, so companies that accept them are more likely to get business from those who want to use them as their primary currency. While investing in Bitcoins can be risky due to price fluctuations, developing regulations, and more, companies that take the risk of the new money may see unique benefits.

When digital currencies like Bitcoin first became financial players, they gained a sinister reputation. As the preferred monetary medium for ransomware creators and terrorists, cryptocurrencies came to the attention of markets and governments in a very negative light.
Since then, however, the currency has gained more legitimacy. Businesses are beginning to accept Bitcoin and other altcoins, and more small companies are looking at cryptocurrency as currency, not just an investment or commodity. There are definite benefits to choose to accept altcoins at your small business.

Cryptocurrency is rapidly emerging from high tech obscurity and becoming mainstream.

While new, cryptocurrencies are solidly rooted and here to stay.

Over 100,000 businesses, already use this money in everyday transactions. Giants like Amazon and Tesla, have begun accepting as well. Numbers more are happening their lead every day.

Would you Like to Integrate the Right digital wallet into your Business?

8 ways to overcome over Retainer Blues

Web

A retainer is a contract between a client and a company to work together for a longer period on more than just one project. It reserves a set amount of the company time for a set rate.
A retainer-based arrangement involves the hiring of a dedicated developer to perform certain trusts for a specified fee. Task and actions are pre-determined between the client and the company and are created in a proposal or “statement of work” document. Retainers exist for a particularized length of time – 6 months or 1 year and have a pre-determined fee, which is divided into consistent monthly payments and billed at the start of each month.

For clients with a good conclusion of their long-term objects and requirements, it allows them to get priority and a lower project cost by actually pre-paying for Project.

A classic retainer will get the scope of the project to be done by the resource over a specified timeframe. It will outline plans and ongoing task that the resource is responsible for, and set a period for execution.

The retainers project also include a process for dealing with overages and variable expenses that come with video production. Some retainers are month-to-month, but most covers continued periods of time, typically from 6 months to a year.

Working with someone who already Knows your requirement saves time and leads to better way.
You have priority access to a company you trust and don’t need to worry about whether they’ve already booked another project when you need them.

Booking time in advance saves money, compared to budgeting projects one at a time.
It’s easier to integrate a single company’s projects into your great marketing strategy.
A longer-term relationship supports experimentation and optimization.

1. LONG-TERM AND CONTINUE RELATIONSHIP

Retainers are enough utilized when long-term action is a necessity. While a single brochure design might deliver exceptional customer gain results, it will not retain those customers for a long time.

2. ACCESS TO THE BEST RESOURCE

The Company will put their best resource on a key to knowing those individuals need to drive the exacted results that come with a long-term customer relationship. Having a dedicated staff working on your projects will ensure to receive better turn times for those projects that need to be fast-tracked through the company.

3. ADVANCED THINKING

The company tends to be more proactive in retainer-based relationships. When you share a long-term commitment to the company, that organization is more inclined to invest heavily in competitive tracking and generating new ideas for moving your Project forward across time. In most cases, retainer-based clients get the first blow at new technologies & new techniques.

4. COST MANAGEMENT

If a client knows they need to spend $180,000 a year on marketing and they want to manage that spend over a 12-month sequence, then a $15,000 monthly retainer is natural for all clients to accomplish. It allows a company to plan upfront with a client for their projected needs for a year and build out a strategy to execute on those needs month by month.

5. PERFORMANCE-BASED BUDGETING

Depends on the level of engagement it is simpler to set out goals for a Company at the start of the year that agrees to leads, growth, and sales. That’s exceptionally true if you are requesting the company to create a policy and tactics that they will perform to hit specific goals. For occurrence, if a client is willing to spend $350,000 over 12 months to create 4,000 qualified leads for a product then give the company the liberty to execute against planned goals, but hold them to specific benchmarks and budget parameters. Performance-based cost is a great way to set and manage ROI, while still maintaining commitment continuity.

6. SYNERGY/CONSISTENCY

As mentioned earlier, a company on retainer classic allots time and resources to the same internal support each time they do work for that client. In a full service, the business-to-business company that may translate across strategy, account services, project management, public relations, digital, content, trade shows, video, radio, print, commercials, graphic design, lead generation and media purchases. Having the same people touching an accounting month after month tends to generate better ensuring a consistent brand experience.

7. EFFECTIVE PRICING

Most retainers either offer up reduced rates in a transaction for an approved long-term commitment or the company may not charge for specific services or overages as a way to provide additional incentive to a client. Savings also come regarding time a client has to spend educating a company before achievement of the projects.

If a customer is looking for a company relationship that offers efficient pricing, exceptional knowledge management, consistent access to the best company talent, proactive thinking and access to industry-leading ideas for long-term growth, then a company retainer is the way to go.

Hire a Expert Retainer for your Project