Filmmaking Process

The filmmaking procedure is a critical, long, and confounded procedure. It for the most part takes between a while and quite a while. A film consistently begins with a unique story thought, at that point a screenplay gets composed, and afterward they shoot it. After that they alter the movie and direct it. At that point they circulate the film to its target group. There are additionally numerous individuals associated with the filmmaking procedure, from the executives to the cast, to the stage group. The initial step is concocting the idea of the film, which is the real trick. It could be a unique story, or a revamp. It could be a piece of an arrangement. It could likewise originate from a book or a play. At that point they need to make a blueprint which portrays the emotional structure in every scene, called a stage diagram. This tells who will be the place, what’s going to be stated, and practically everything that occurs in the film. They likewise set up all the scenes in the right request. At that point they make a twenty five to thirty five page paper portraying the characters of the story and the state of mind. This is known as a treatment. It contains stage course and a little exchange. It additionally has pictures so they have something to take a gander at demonstrating what the motion pictures will do. This is the initial step of the filmmaking procedure and truly helps when it comes time to build up the screenplay. After this they start the screenplay. Composing the screenplay can take a while. They as a rule need to change to improve things the exchange, performance, characthers, structure, style, and to make it all the more clear. They create screenplays in which the investers and other invested individuals survey a procedure called content inclusion. They have a film wholesaler glance at it, and relying upon how encouraging it looks, they think about how much monetary assistance the film needs and the amount it will get. At that point they make sense of the class of the movie, the intended interest group, accomplishment of movies that were comparative, and the achievement of the entertainers, on-screen characters, and executives in past movies. These variables show how much the film will engage the intended interest group. At that point they meet up and structure a film pitch. In the event that the film pitch experiences and is effective, at that point they have money related sponsorship to make the film. At that point they make up contracts for everybody included. Right now, just the subsequent advance, they’ve effectively built up their promoting methodology, which is the means by which they publicize the film. They likewise have their intended interest group. Next is pre-creation. During this stage all aspects of the filmmaking procedure is structured and arranged out. The creation is likewise storyboarded, in which the visual helps the idea craftsman and the artists. At that point they need to make up a creation spending plan. This is the amount they plan on spending, and it remembers protection for case there is a mishap. At that point they begin employing their team. The measure of individuals changes. On the off chance that it is a significant film, similar to a Harry Potter film, it would have more than one hundred individuals. In the event that it was a littler film it could incorporate only eight or nine individuals. The main individual from the team is the executive. The chief is answerable for all the innovative choices and narrating, just as the acting. The chief hollers out activity and cut. After the chief there is an associate executive, who deals with the coordinations of the film, including the shooting plan. There is likewise a throwing chief who tryouts entertainers for the characters, choosing who typifies which character best. The photography executive regulates the photography during the film. The audiography chief ensures all the sound in the film is right. The area supervisor deals with where the film is found. Albeit most parts are shot in a studio, there are a few things that should be shot off area. There is additionally an author who chooses when music should play, how uproariously, and what to play. The creation planner deals with the visual origination of the movie while the craftsmanship chief deals with the structure of the set and props. The ensemble originator makes the dress for the on-screen characters and on-screen characters, and for the most part winds up working intimately with them. There is additionally a hair and cosmetics architect, who styles every one of the on-screen characters, ensuring they look the equivalent each time. There is likewise a choreagorapher. As is normal for a choreagorapher they make moves and battle scenes, just as standard developments. After these individuals are recruited they are prepared for creation. The following part is creation. Creation is the most tiresome piece of filmmaking. The cast and team can every now and again burn through at least 12 hours on the set, recording just three or four pages of content, regularly in truly awkward ocations. This continues for a considerable length of time, weeks, months with a similar calendar for quite a while, audit dailies (the recording shot yesterday), shoot today’s film, get ready for tomorrow’s shooting. For some individuals however, this is the most thrilling piece of creation and this is in fact where â€Å"the enchantment occurs. † Yet to certain individuals it in some cases appears to be abnormal that a film that will in the end just possess two hours onscreen could take a long time to film. Be that as it may, it does, and here’s only a couple of the motivation behind why. The principal reason is lighting. One of the absolute most significant components to a film’s visual appearance is lighting. Anyway immaculate lighting doesn't exist and sets aside some effort to make. Lighting must be made predictable (or conflicting depending) and state of mind upgrading, yet stay inconspicuous. It takes a lot of arranging and afterward worker hours by circuit repairmen and their colleagues to make a light set-up for even a little set. The following explanation is area. In some cases it is conceivable to film a whole film on a sound stage, nonetheless, more than likely it requires some voyaging. Since science still can't seem to make a teleportation gadget and all the entertainers who realize how to do it won’t uncover their privileged insights except if broadcast on communicate TV, it can take gigantic measures of effort to move the cast and group to even one area for every day. There are most likely near 100 individuals engaged with a significant film, barring swarm scene additional items, etc, just as actually huge amounts of gear to oblige them. Another explanation is climate. The unstoppable force of life doesn’t truly care about Hollywood and can every now and again hamper creation. Typically it is close to a downpour storm that stops creation for a day or two, or a warmth wave that causes shorter work days. Be that as it may, once in a while climate can be incredibly exorbitant. Such was the situation of Kevin Costner’s Waterworld that saw whole sets obliterated and sunk via ocean storms that truly postponed the creation, yet in addition pushed the spending out of this world. Already I referenced that lighting is one of the most significant components in a film. Notwithstanding lighting, and obviously the on-screen characters, cinemotography is the key component in a film’s visual appearance. Despite the fact that it takes long stretches of either tutoring or professional training to genuinely figure out how to film well, there are a couple of fundamental pointers that anybody with a camera and eye towards improving something than a jerky home film should know (in light of the fact that truly, those â€Å"How to Film† recordings they hand out now when you purchase a camcorder are extremely only a twenty minutes meeting in which they attempt to sell all of you the frill). After creation there is after creation, which is fundamentally altering. After Production includes each progression after essential shooting, altering and revisions, and reshoots. The way toward reshooting is straightforward enough in idea (however maybe not in real procedure) that we can skirt that one which leaves altering and rectifications. Altering fills two needs. To begin with, the coordinations of creation regularly make it difficult to film in grouping. What's more, even in the incredibly uncommon situation where a story is recorded all together, there are as yet various takes and superfluous film between the great shots. In this manner, altering serves to wipe out this undesirable film and to put the occasions in a sound request. Second, even straightforward activities take up a lot of time on film. For instance envision a succession of an individual getting dressed. All things considered, this procedure takes around five minutes. Five minutes over the span of the human life is unimportant, however five minutes throughout a two hour film is an awful measure of time to spend on good for nothing activity. On the off chance that that equivalent individual hauled garments out of a storeroom and in the following shot strolled into the kitchen, the conspicuous end the crowd will make is said individual got dressed. In this way altering can serve to take out dreary and pointless film so the crowd may concentrate on the story. Altering can likewise serve to make. The natural eye, when seeing a scene doesn't stay fixed. Watch two individuals talking, your eye will bounce from individual to individual to watch discourse or check response. You’ll discover it amazingly hard to watch both simultaneously and you could wind up cross-peered toward. Altering likewise serves to impersonate this activity of particular survey. At the point when a discussion between two individuals is put in movie form, it is shot (for the most part) by exchanging to and fro between the characters to once more, watch discourse or measure response. The normal exchanging to and fro is inconspicuous on the grounds that in all actuality, you do it constantly. Hence altering serves to put shots into a lucid storyline, dispose of superfluous film, and make better stream. Different instances of strategies in which the altering fills additionally intriguing needs are equal altering and montage. Equal altering is a strategy where two separate scenes are appeared to occur simultaneously. To do this, the editorial manager cuts the two scenes together changing from one to the next. This is frequently utilized in scenes where the character is attempting to beat the clock, for example, the bomb’s clock considering down the character attempts to escape the structure. A montage succession is another method wherein incredibly short shots are altered together in fast succes

Microsoft vs. Apple

Presentation Apple fuse is a global organization that bargains in electronic devices, PC programming and equipment. Its activities started on 1ST April 1976 through the endeavors of Steve Jobs and Steve Wozniak as the originators. Mac consolidation for the most part has practical experience in the assembling of iPhone, iPod, Macintosh PCs and iPad which is the most recent PC innovation. It is right now the world’s biggest innovation organization and the second biggest on the planet after Exxon Mobil.Advertising We will compose a custom exposition test on Microsoft versus Macintosh explicitly for you for just $16.05 $11/page Learn More Microsoft is a company situated in America that bargains in creating of a tremendous assortment of PC programming and licenses. Bill Gates established it in the year 1975 along with his companion Paul Allen. Its development was primarily accomplished from the well known windows working frameworks and their precarious business permitting rights as found in the MS-DOS. Microsoft is likewise notable for its most favored office suite on the planet that is ordinarily utilized for example the Microsoft office 2003, 2007, 2010 that are regular in the PC advertise (Coursey, 2009, p.1). Contrasts Since both arrangement in the improvement of working framework a qualification is made in the discharge and their employments. For example when Microsoft is creating working frameworks they produce one working framework yet with a few adaptations of the equivalent. This is found in windows xp where we have administration pack one, two and three or in windows vista home fundamental, business and extreme. They produce them so that it’s the equivalent just a couple of highlights have been improved or overhauled. Opposite Apple discharges are last to such an extent that just one working framework without any redesigns. They additionally guarantee that their working frameworks give their clients most extreme fulfillment. Macintosh represe nts considerable authority in both equipment and programming creation in that it makes the PC itself and the working framework. The Apple working frameworks just capacity on Mac PCs which are created and circulated by Apple joining (Coursey, 2009, p.1). Their working frameworks don't work well on other non-Apple PCs. In contrast to Apple, Microsoft just arrangements in programming creation and conveyance. They don't create PCs and consequently the offer their product to PC makers, for example, dell, Hewlett-Packard, Toshiba, Lenovo among others. The PC makers at that point sell their PC brands with Microsoft working frameworks installed.Advertising Looking for article on business financial aspects? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Microsoft working frameworks are good with practically all PCs. This infers Microsoft working framework can run on any PC on the planet today with the exception of the Mac. Dissimilar to Microsoft that sudden spikes in demand for some PC brands, Apple working framework and programming are just implied for Mac PCs as it were. This implies Macintosh items are only implied for Mac PCs as it were. Likenesses Both Apple and Microsoft enterprises are overall organizations that bargain in the turn of events and dispersion of PC programming and working framework. The latest Microsoft working frameworks incorporate windows seven, vista and server among others while Apple’s latest is the Mac OS X v10.6 Snow Leopard (Bleeker, 2010, p.1). The two organizations give programming that help in the running of a PCs and other electronic contraptions. The two simply like some other organizations have their objectives and targets. These incorporate creation benefits and fulfilling their customers’ needs and needs. They need to ensure they remain in business and it is through this that they have concocted a permitting program. The permit assists with forestalling impersonation of th eir items and that is the reason real items from the two organizations have sequential numbers or item keys. Determination basically Microsoft and Apple Corporation both arrangement with programming and equipment advancement and appropriation. They for the most part target giving arrangements achieved by the wants and needs of their clients. Their items have become some portion of our lives that we can't manage without because of their application in the day by day lives today. Reference List Bleeker, E. (2010). Apple versus Microsoft: Who Owns the Future? Recovered from https://www.fool.com/contributing/general/2010/06/04/apple-versus-microsoft-who-claims the-future.aspx Coursey, D. (2009). Microsoft versus Apple: Running dumb, Not Scared. Recovered from https://www.pcworld.com/article/168603/Microsoft_vs_Apple_Running_Stupid_Not_Scared.html This paper on Microsoft versus Apple was composed and put together by client N1k0las to help you with your own investigations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; in any case, you should refer to it appropriately. You can give your paper here.

Is fair trade fair Research Paper Example | Topics and Well Written Essays - 1500 words

Is reasonable exchange reasonable - Research Paper Example 1923). Reasonable Trade associations works contrary to the industrialist showcase framework, yet works inside it (Fair exchange scrutinize, 2010). They are sponsored by buyers and are locked in eagerly in supporting makers, bringing cognizance and up in sorting out battles for acquiring changes the current arrangements and practices of universal exchange. The makers in the South are regularly seen as underestimated all things considered. The Fair Trade Organizations are attempting to make exchanging a reasonable practice which would suit the interests of all the exchanging accomplices. The idea of reasonable exchange is moderately new and is telling the enthusiasm of numerous scientists in current occasions. This paper presents a basic investigation of the idea of reasonable exchange and assessment of the training by using the hypothesis of financial aspects. The advantages of reasonable exchange One of the most indispensable market based components is the act of reasonable exchange, which helps in the improvement of the jobs of the makers situated in the creating nations (Nicholls and Opal, 2005, p. 5). The organization between the makers and the shoppers is focused to give a decent amount of the advantages of exchange to the homestead laborers and the ranchers. This locations â€Å"the unevenness of intensity in exchanging relationships† (What is Fairtrade? 2011). In numerous nations, especially in the nations in the South, the ranchers and rural makers are denied of the real return of benefits. Under reasonable exchange the cost for the items they sell is set by the standards of the Fair exchange Standards. Inclusion of these laborers in reasonable exchange encourages them to show signs of improvement bargains and furthermore an unrivaled terms of exchange (O’Neill, 2007). This thus gives them the chance to lead a superior standard of life and improve plans for their future. Reasonable exchange costs The reasonable exchange cost is the base val ue that must be paid to the reasonable exchange makers. This value demonstrations â€Å"as a security net† (What is Fairtrade? 2011) for the ranchers. It is dictated by the guidelines referenced in the Fair exchange Standards. This cost is related to all the items that are Fair exchange affirmed. This cost is set so that it can take care of the â€Å"average expenses of supportable production† (What is Fairtrade? 2011). At the point when the business sectors fall underneath the degree of practical creation, the ranchers get a pitiful cost for their produces; the reasonable exchange costs are intended to shield the interests of the powerless makers. Here and there the costs are haggled with the purchasers to yield a more significant expense based on the nature of the items. Old style hypothesis of work According to the old style school of financial matters â€Å"the wage is equivalent to the minor result of labor† (Keynes, n.d.). This suggests the genuine pay qua lified for an utilized individual is the base measure of compensation gave to the individual to actuate him to invest the measure of energy or work that is really applied. The compensation is equivalent to the estimation of yield that is predestined when one unit of the work is expelled from the procedure of creation. The traditional hypothesis of financial matters is worked under the supposition of the serious market, wherein the measure of work utilized and the measure of wages are controlled by the powers of the market. In this unique situation, the disutility

Health Care in India

Medicinal services is the treatment and avoidance of sickness. Social insurance is conveyed by experts in medication, dentistry, nursing, drug store and associated wellbeing. The conveyance of present day medicinal services relies upon a growing gathering of prepared experts meeting up as an interdisciplinary group. The human services industry joins a few segments that are committed to offering types of assistance and items devoted to improving the soundness of individuals.According to industry and market characterizations, for example, the Global Industry Classification Standard and the Industry Classification Benchmark, the social insurance industry incorporates medicinal services hardware and administrations just as pharmaceuticals, biotechnology and life sciences. The specific segments related with these gatherings are: biotechnology, indicative substances, tranquilize conveyance, sedate makers, clinics, clinical hardware and instruments, demonstrative research facilities, nursin g homes, suppliers of human services plans and home wellbeing care.The pace of development of the social insurance industry in India is pushing forward neck to neck with the pharmaceutical business and the product business of the nation. Much has been said and done in the medicinal services division for realizing improvement. Till date, around 12% of the extension offered by the medicinal services industry in India has been tapped. The human services industry in India is figured to be the motor of the economy in the years to come.Health care industry in India is worth $17 billion and is foreseen to develop by 13% consistently. The human services division includes social insurance instruments, medicinal services in the retail advertise, emergency clinics enlisted to the medical clinic systems and so forth. India if there should be an occurrence of social insurance offices still lakes the sufficient gracefully. In medicinal services segment likewise there is immense hole among request and gracefully at all the degrees of society. Still there are such a significant number of urban regions were you could barely discover any multi forte hospital.And in the event of metros the market assumptions itself made a need of mental meeting. Social insurance, which is a US$ 35 billion industry in India, is relied upon to reach over US$ 75 billion by 2012 and US$ 150 billion by 2017. The social insurance industry is curiously ready as it endeavors to develop as a worldwide center point because of the unmistakable favorable circumstances it appreciates in clinical greatness and low expenses. In today’s profoundly serious condition, emergency clinics are progressively understanding the need to concentrate on ervice quality as a measure to improve their serious position. Client based determinants and view of administration quality, in this way, assume a significant job while picking an emergency clinic. Today the social insurance industry has developed as one of the most testing divisions just as one of the biggest assistance part ventures in India with assessed income of about US $ 30 billion establishing 5% of the GDP. India is one of the second most crowded countries of our reality with a populace of over a billion.The Indian economy over the ongoing past has fired turning upward and has now strongly been recognized as prone to add to the continued monetary development. The Indian human services Industry however still beginning in size and dynamic contrasted with different nations has additionally profited by this financial blast. The essential main thrust for an improved interest for quality medicinal services norms are the 300 million white collar class populaces. Their need of value inside satisfactory expenses is making corporate emergency clinics see reason in decreasing taxes so as to pull in volumes.

Another reason to choose SIPA COLUMBIA UNIVERSITY - SIPA Admissions Blog

Another reason to choose SIPA COLUMBIA UNIVERSITY - SIPA Admissions Blog I came across an email while I was searching my inbox for something else and I decided to take a moment to dispel some rumors because there seems to be a lot of misinformation floating around. I know nothing about the specifics of other programs other than what Ive heard through admitted students, but I do know a thing or two about SIPA. First off, SIPA Professors are incredibly accessible. Like, amazingly so. In addition to an outstanding ivy league academic faculty, one difference between our Professors and some more remotely located schools is that a lot of our Profs are practitioners as well as lecturers. For example I have taken classes from the preeminent pollster in United States politics, a gender mainstreaming expert at UN Women, a human rights expert for the OECD and UNESCO, an Executive and Ernst and Young, and the Washington Post senior political reporter and those are just off the top of my head. (Keep in mind I focused on gender and domestic elections so you will have the opportunity to interact with the equivalent experts in your field.) Having practitioner professors is a huge advantage both in terms of the networking opportunities and because they can better prepare you for a career in the real world. That said, all SIPA Professors keep office hours and in my experience are extremely responsive over email even when they are traveling. Obviously this varies from professor to professor but in my experience the faculty at SIPA is not only interested with helping you develop academically through coursework but also in engaging with students on current events, or helping us develop outside projects. For example I   worked with one Professor to get my final paper from her class last year published in an academic journal. Honestly, I have been blown away with the availability and interest level of my professors. Everyone I have met seems genuinely interested in developing their students as their future colleagues. I can only imagine that either I was incredibly lucky or that inaccessibility is the kind of rumor that other schools spread because they cant compete for faculty with the draw of an ivy league institution in New York. Second, most class sizes are small. The one glaring exception is the Politics and Policy Making (for MPAs) and Conceptual Foundations (for MIAs) are plenary sessions for the degree so all first year MPA students take POP and all first year MIAs take CF. Those also break down into weekly recitations of about 15 students. Other than that core courses tend to have about 20-30 students per section. For example, even though most students take micro econ at the same time, there are several sections for both the 4000 and 6000 level. (Some professors allow you to come to any section that meets that week which is good news if you, like me, are a perpetual late sleeper). All core courses also have recitations, professors office hours and TA office hours. My electives (which are MOST of my courses) have had about 8-15 students per class. Having a bigger school does not mean larger class size, it simply means that a wider variety of electives are offered, which to me is a HUGE ADVANTAGE. Again, giant class size seems to me like a misconception that exists at smaller schools. We want happy classmates and I dont want you to come here if SIPA is not the right fit for you, but I also dont want you to miss out on a SIPA education for the wrong reasons. posted by Nancy Leeds, MPA 2013 alumnae

Worldwide Use of Digital Currency Essay - 1375 Words

Worldwide Use of Digital Currency (Essay Sample) Content: Institution:E-Commerce: Worldwide Use of Digital CurrencyName of Student:Professor:Date:IntroductionDigital currency is a type of currency that is internet based and is distinct from another medium of exchange including coins and banknotes but has the properties of other physical currencies. The digital representation of value and can be traded digitally and functions as a medium of exchange, unit of currency account and store of currency value but lacks the status of a legal tender. However, it is a legal and valid mode of payment if it is to a creditor in any jurisdiction. It is also referred as virtual money or e-money since it is electronically transferred (Ali, Barrdear, Clews, Southgate 2014). The existence of digital currency is because of the innovation in the system of payment in a new form of currency. In a lot of countries worldwide such as the UK, the use of notes and coins as money is gradually getting suppressed by the existence of electronic payments. The digital currency is today accepted as money and its use incorporate strict regulations that govern its creation that must follow a pre-determined path of an eventually fixed supply. The use of digital currencies has to undergo verification by the system or network undertaking the transaction.Comparison of the different types of digital currenciesDigital currencies are divided into two types namely convertible and non-convertible. The convertible digital currency has got an equivalent value that is real and can be exchanged for real currency back-and-forth. A good example of a convertible digital currency is bitcoin (Yermack 2013). A non-convertible digital currency, on the other hand, has no ability to be exchanged for a fiat or real currency because it is intended specifically for a particular world or domain. An example of a non-convertible or closed digital currency is the Q coins. A non-convertible digital currency is transferable officially only in a particular digital envi ronment and lacks the ability to be convertible. However, through a secondary black market or an unofficial entity, it is possible to exchange the non-convertible digital currency for another digital or a fiat currency.The digital currency can further be subdivided into a centralized and a non-centralized digital currency. All the non-convertible digital currencies fall under the centralized currency division. However, the convertible digital currency may either be decentralized or centralized. Centralized digital currencies are those with a single administrator or administrating authority, for instance, a third party who is in charge of controlling the system. The administratorà ¢Ã¢â€š ¬s obligation is to issue currency redeem currency, establish rules and handles the maintenance of a central payment ledger.On the other hand, the decentralized digital currency is a distributed one, open-source and math-based. They are also referred to as crypto-currencies that are peer-to-peer dig ital currencies that lack a centralized administrating authority. It also has no oversight or central monitoring for example Bitcoin, Ripple, and Litecoin. The decentralized convertible digital is math based and is protected by cryptography (HMRC 2014). It incorporates cryptography principles that guide the implementation of the decentralized, distributed, secure information economy. It mainly relies on private and public keys for the money transfer from an entity of individual to another. For the transfer to be complete, it must be cryptographically signed at the time the money is transferred.Worldwide Use of Digital CurrencyEstimation of the exact number of individuals who use or own digital currencies is difficult. The most widely used and largest scheme of digital currency globally is Bitcoin. As of July the year 2014, about 40 million addresses were enlisted on the block chain of Bitcoin (Gerdes Nancy 2012). However, only 1.7 million had a balance exceeding 0.001 Bitcoins that is roughly 0.35 Euros. The figure still understates the exact number of users of the Bitcoins digital currency in the world. It is because each of the users may usually have varied numbers of wallets that may hold numerous addresses. In the month of May 2014, Bitcoin trading with other traditional currencies was almost 61% with the Chinese renminbi, 32% against the USA dollar and it traded at 3 the trading of the Bitcoin against the sterling pound stood at only against the Euro stood at only 1.2% (Gerdes Nancy 2012). The figures suggest that about 20,000 people in the UK hold the bitcoin digital currency that is proportionate to the trading of the country with bitcoin currency. Further estimates show that only 300 transactions occur daily in the UK involving the Bitcoin digital currency.The use of math-based, decentralized digital currencies and in particular Bitcoin has garnered growing attention in terms of its use in the world. Its worldwide use is popular because of its emergi ng use as the future system and mode of payment. Another reason for the growing demand for the utilization of these digital currencies is because it provides a powerful tool those terrorists, criminals and financiers utilize. Other transactions use digital currency accounts to store transactions that are illicit since the currency is out of reach of authorities and law enforcement agencies. Since the invention of World Wide Web, its use globally has been on a continued rise. Digital currencies and particularly Bitcoin has also been expanding its utilization in the world similar to the World Wide Web since it was an invention in that area. As a groundbreaking innovation, Bitcoin user has experienced unparalleled growth and development. Because of customer confidence loss in financial institutions after the 2008 financial crisis, many shifted to storing their funds in the form of digital currency (European Banking Authority 2014). However, the use of digital currency has been facing c riticism and opposition since it is seen as a tool of unlawful and illegal activities and there have been called to have its operations regulated. Others hold the believe that Bitcoin as a digital currency is a temporary phenomenon that will eventually disappear thus making them cautious in its use.Comparison among countries using Digital CurrencyEcuador has ventured into the use of digital currencies by ditching the utilization of the US dollar to try and revamp its monetary system. Its electronic money system was initiated in December 2014 where qualifying users were being allowed to set up digital currency accounts to enable monetary transactions. The country is the first to host an electronic payment system that is state run. As such the use of digital currency in Ecuador has been on a rapid growth in comparison to other countries because the initiative is headed by the government and has been recognized as a legal tender. In other countries such as Sweden, the utilization of di gital currencies is also wide although it is not state sponsored. In Sweden, the growth in digital currency users is because of the government policies that do not permit for the revealing of financial records. As such, many foreigners hide vast sums of money that might have been illegally acquired in Swiss digital currency accounts.Globally, the volume of Bitcoin transactions as of may 2014 amounted to an estimated value of USD 52 million in all countries in the world (Gerdes Nancy 2012). In Switzerland, just like other countries such as the UK, the use of digital currencies is gaining ground. There exist about 65 traders in Switzerland who accepts the use of Bitcoin as a means of payment compared to the global figure of approximately 4266 traders who use Bitcoin to transact (Gerdes Nancy 2012). The traders using the digital currency platform in Switzerland include florists, restaurants, hairdressers, hotels and providers of leisure activities among other shops. Bitcoin exchange machines have been installed in Zurich and Geneva so as to meet the rising demand for the use of the digital currency service.In the US, the demand for the use of digital currency has also been on the rise because many businesses encourage the making of online payments which has promoted a cashless system of payment. In the month of May 2014, Bitcoin trading with other traditional currencies was almost 61% with the Chinese renminbi, 32% against the USA dollar and it traded at 3 the trading of the Bitcoin against the sterling pound stood at only against the Euro stood at only 1.2% (Gerdes Nancy 2012).The figures suggest that about 20,000 people in the UK hold the bitcoin digital currency that is proportionate to the trading of the country with bitcoin currency.Number of transactions per day and growth to dateThe table below represents the summary statistics of the transactional data involving Bitcoin addresses.Statistic Value Transactional data 1. Total number of transactions 48,21 4,583 2. Total Sending Addresses 46,551,354 3. Total Receiving Addresses 49,154,168 4. Mean of Sending Addresses 1.91 5. Mean of Receiving Addresses 2.70 Exchange data 6. Exchanges number 85 7. Currencies traded number 40 8. Total transactions 60,362,531 The values represent the estimates of the number of active Bitcoin addresses on a daily basis as well as the number of unique features from an empirical analysis by the beginning of 2014. The trend from the data shows that the number of daily users of di... Worldwide Use of Digital Currency Essay - 1375 Words Worldwide Use of Digital Currency (Essay Sample) Content: Institution:E-Commerce: Worldwide Use of Digital CurrencyName of Student:Professor:Date:IntroductionDigital currency is a type of currency that is internet based and is distinct from another medium of exchange including coins and banknotes but has the properties of other physical currencies. The digital representation of value and can be traded digitally and functions as a medium of exchange, unit of currency account and store of currency value but lacks the status of a legal tender. However, it is a legal and valid mode of payment if it is to a creditor in any jurisdiction. It is also referred as virtual money or e-money since it is electronically transferred (Ali, Barrdear, Clews, Southgate 2014). The existence of digital currency is because of the innovation in the system of payment in a new form of currency. In a lot of countries worldwide such as the UK, the use of notes and coins as money is gradually getting suppressed by the existence of electronic payments. The digital currency is today accepted as money and its use incorporate strict regulations that govern its creation that must follow a pre-determined path of an eventually fixed supply. The use of digital currencies has to undergo verification by the system or network undertaking the transaction.Comparison of the different types of digital currenciesDigital currencies are divided into two types namely convertible and non-convertible. The convertible digital currency has got an equivalent value that is real and can be exchanged for real currency back-and-forth. A good example of a convertible digital currency is bitcoin (Yermack 2013). A non-convertible digital currency, on the other hand, has no ability to be exchanged for a fiat or real currency because it is intended specifically for a particular world or domain. An example of a non-convertible or closed digital currency is the Q coins. A non-convertible digital currency is transferable officially only in a particular digital envi ronment and lacks the ability to be convertible. However, through a secondary black market or an unofficial entity, it is possible to exchange the non-convertible digital currency for another digital or a fiat currency.The digital currency can further be subdivided into a centralized and a non-centralized digital currency. All the non-convertible digital currencies fall under the centralized currency division. However, the convertible digital currency may either be decentralized or centralized. Centralized digital currencies are those with a single administrator or administrating authority, for instance, a third party who is in charge of controlling the system. The administratorà ¢Ã¢â€š ¬s obligation is to issue currency redeem currency, establish rules and handles the maintenance of a central payment ledger.On the other hand, the decentralized digital currency is a distributed one, open-source and math-based. They are also referred to as crypto-currencies that are peer-to-peer dig ital currencies that lack a centralized administrating authority. It also has no oversight or central monitoring for example Bitcoin, Ripple, and Litecoin. The decentralized convertible digital is math based and is protected by cryptography (HMRC 2014). It incorporates cryptography principles that guide the implementation of the decentralized, distributed, secure information economy. It mainly relies on private and public keys for the money transfer from an entity of individual to another. For the transfer to be complete, it must be cryptographically signed at the time the money is transferred.Worldwide Use of Digital CurrencyEstimation of the exact number of individuals who use or own digital currencies is difficult. The most widely used and largest scheme of digital currency globally is Bitcoin. As of July the year 2014, about 40 million addresses were enlisted on the block chain of Bitcoin (Gerdes Nancy 2012). However, only 1.7 million had a balance exceeding 0.001 Bitcoins that is roughly 0.35 Euros. The figure still understates the exact number of users of the Bitcoins digital currency in the world. It is because each of the users may usually have varied numbers of wallets that may hold numerous addresses. In the month of May 2014, Bitcoin trading with other traditional currencies was almost 61% with the Chinese renminbi, 32% against the USA dollar and it traded at 3 the trading of the Bitcoin against the sterling pound stood at only against the Euro stood at only 1.2% (Gerdes Nancy 2012). The figures suggest that about 20,000 people in the UK hold the bitcoin digital currency that is proportionate to the trading of the country with bitcoin currency. Further estimates show that only 300 transactions occur daily in the UK involving the Bitcoin digital currency.The use of math-based, decentralized digital currencies and in particular Bitcoin has garnered growing attention in terms of its use in the world. Its worldwide use is popular because of its emergi ng use as the future system and mode of payment. Another reason for the growing demand for the utilization of these digital currencies is because it provides a powerful tool those terrorists, criminals and financiers utilize. Other transactions use digital currency accounts to store transactions that are illicit since the currency is out of reach of authorities and law enforcement agencies. Since the invention of World Wide Web, its use globally has been on a continued rise. Digital currencies and particularly Bitcoin has also been expanding its utilization in the world similar to the World Wide Web since it was an invention in that area. As a groundbreaking innovation, Bitcoin user has experienced unparalleled growth and development. Because of customer confidence loss in financial institutions after the 2008 financial crisis, many shifted to storing their funds in the form of digital currency (European Banking Authority 2014). However, the use of digital currency has been facing c riticism and opposition since it is seen as a tool of unlawful and illegal activities and there have been called to have its operations regulated. Others hold the believe that Bitcoin as a digital currency is a temporary phenomenon that will eventually disappear thus making them cautious in its use.Comparison among countries using Digital CurrencyEcuador has ventured into the use of digital currencies by ditching the utilization of the US dollar to try and revamp its monetary system. Its electronic money system was initiated in December 2014 where qualifying users were being allowed to set up digital currency accounts to enable monetary transactions. The country is the first to host an electronic payment system that is state run. As such the use of digital currency in Ecuador has been on a rapid growth in comparison to other countries because the initiative is headed by the government and has been recognized as a legal tender. In other countries such as Sweden, the utilization of di gital currencies is also wide although it is not state sponsored. In Sweden, the growth in digital currency users is because of the government policies that do not permit for the revealing of financial records. As such, many foreigners hide vast sums of money that might have been illegally acquired in Swiss digital currency accounts.Globally, the volume of Bitcoin transactions as of may 2014 amounted to an estimated value of USD 52 million in all countries in the world (Gerdes Nancy 2012). In Switzerland, just like other countries such as the UK, the use of digital currencies is gaining ground. There exist about 65 traders in Switzerland who accepts the use of Bitcoin as a means of payment compared to the global figure of approximately 4266 traders who use Bitcoin to transact (Gerdes Nancy 2012). The traders using the digital currency platform in Switzerland include florists, restaurants, hairdressers, hotels and providers of leisure activities among other shops. Bitcoin exchange machines have been installed in Zurich and Geneva so as to meet the rising demand for the use of the digital currency service.In the US, the demand for the use of digital currency has also been on the rise because many businesses encourage the making of online payments which has promoted a cashless system of payment. In the month of May 2014, Bitcoin trading with other traditional currencies was almost 61% with the Chinese renminbi, 32% against the USA dollar and it traded at 3 the trading of the Bitcoin against the sterling pound stood at only against the Euro stood at only 1.2% (Gerdes Nancy 2012).The figures suggest that about 20,000 people in the UK hold the bitcoin digital currency that is proportionate to the trading of the country with bitcoin currency.Number of transactions per day and growth to dateThe table below represents the summary statistics of the transactional data involving Bitcoin addresses.Statistic Value Transactional data 1. Total number of transactions 48,21 4,583 2. Total Sending Addresses 46,551,354 3. Total Receiving Addresses 49,154,168 4. Mean of Sending Addresses 1.91 5. Mean of Receiving Addresses 2.70 Exchange data 6. Exchanges number 85 7. Currencies traded number 40 8. Total transactions 60,362,531 The values represent the estimates of the number of active Bitcoin addresses on a daily basis as well as the number of unique features from an empirical analysis by the beginning of 2014. The trend from the data shows that the number of daily users of di...

The Crime Rate On Los Angeles - 1590 Words

In David Knowles article on the crime rate on Los Angeles, â€Å"Crime rate in Los Angeles Falls for 10th straight year, making it the safest big city in America† highlights the statistics and improvements that Los Angeles has made to secure the gang nature and keep the city safe. He states, â€Å"Overall, violent crime fell by 8.3 percent, with the number of murders remaining low. Just 20 years ago there were 1,092 murders in Los Angeles. In 2012, the city recorded just 298† (Par 5). The statistics do show that less people are being killed, and the police are implementing gangs more. Knowles says that it is a â€Å"big achievement†. Not just murders have fallen, the gang activity in LA today has fallen drastically compared to how it was in the 80s and†¦show more content†¦This provides an explanation for why gangs are affecting the youth. They sell the product to the teens and women in bulk in a low price still making profit. Then the teens and the wome n sell the drugs in smaller quantities for higher prices to their friends ,people in the streets, classmates and make they make profit through that. The teens and women that are making money through selling those drugs can also be users of those drugs also. Which can lead them to a lifestyle of just selling drugs and being an addict. Gangs today are a lot smarter than they were in the 80s and 90s. In the article by Bryan Passifiume â€Å"Police work hard to keep ahead of today’s smarter savvier organized crime† highlights the works of Sgt. Jason Walker which is about increased intelligence of gangs and ways that they run their organized crimes. In the article Walker states â€Å"Gangsters and organizations, they’re getting smarter†. (Section 4). Which is made possible because of benefit of transporting drugs with the use of the internet. To traffic their drugs and to stay in touch with other gang members. 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