Demonetization Crisis Boosts Bitcoin Value

Posted by Jesus Gomez on February 20, 2017
Finances, Technology / Comments Off on Demonetization Crisis Boosts Bitcoin Value

Demonetization Crisis Boosts Bitcoin Value2016 was a very turbulent year all over the world, from elections to a constantly changing stock market. One of the key events of that year was India’s demonetization crisis, triggered by the government’s efforts of combating tax evasion, money counterfeiting, and hidden wealth. So far, this has made some rather mixed effects on not only India, but also to other parts of the world, impacting the value of several currencies around the world. However, one currency has managed to stay strong despite the controversy – Bitcoin, an online form of currency known for its security and ease of use.

But how is that even possible? Why of all things Bitcoin has managed to emerge not only relatively unscathed, but has managed to grow stronger from this crisis? And for citizens in America, how does this affect for people who are looking to buying bitcoin in states such as Ohio?

The Emergence of a Digital Currency

Despite what many news outlets have said about how that demonetization would seem to move India in a certain direction, with the cash shortage that left many banks and ATMs very little physical bills, the stock market crashing, and banking and businesses with uncertain futures, the reduction of the GDP growth rate, industrial output dipping, and even the loss of jobs, many would never expect buying bitcoin to benefit from it the most. For example a Bitcoin company called Zebpay has claimed that the number of users who purchase Bitcoins from them have doubled during the crisis, and purchases have increased as much as 30%.

Because India’s demonetization crisis stemmed from the government’s goals of cracking down illegal money, many believed that Bitcoin’s secure encryption and as well as its non-physical nature makes it a lot more appealing. Hence it makes for a better way of both handling currency without a need to carry anything physical and for the government to better keep track so that it won’t be abused. Many people then began converting over to Bitcoin, which saw the rise of bitcoin in the midst of demonetization in India.

buying bitcoin

Bitcoin Surges Despite Global Demonetization

The buying of bitcoin remain relatively unharmed. Bitcoin’s success despite financial crisis can be attributed to its low transaction rate, as well as being one of the more feasible options to send remittances from other countries.

In the end, what many have learned about the whole experience is that Bitcoin will continue to be on the rise, no matter how much unstable the market can be.

And for people who live in the United States, in certain area such as Columbus, Ohio, then you don’t have to worry. Because thanks to India’s growing preference for tried and true currencies such as Bitcoin, many saw digital currency as still stronger currency.

As turbulent of a time it was for demonetization to hit certain countries, many would feel relief that Bitcoin would still remain strong through it all. Many would predict that the future would see buying bitcoin growing, and that many more would begin using it besides using physical currency.

Companies in Columbus That Specialize In App Development

Posted by Delfina Wyble on November 10, 2015
Technology / Comments Off on Companies in Columbus That Specialize In App Development

developerApp development is the process of making or designing application software that are suited for various purposes. They can be mobile, PC, Web app and many more. The software is normally developed to handle certain problems. In other words, they are solutions to common problems.

In Columbus, Ohio, various tech companies are dedicated to developing apps to solve most problems. If you though New York and Silicone Valley are the only top Cities with tech companies. Well, you should reevaluate, as Columbus is the next big thing. This has been made possible through the rising innovation and potential in the city. Various institutions such as The Ohio State University, Battelle, Wendy’s, among others have shown tremendous contributions towards the high tech rise. Furthermore, the environment is High Tech friendly and this as seen most innovators coming to invest in Columbus. This article describes some app development companies in Columbus.

The top recommended app developer.  They aren’t necessarily located in Columbus, but being that they are virtual, you can easily access their services.

824 E Sahara Ave Las Vegas, NV 89104

Phone: (702) 608-6367

Switch box Inc.

This company will listen to your problem and from scratch develop the app to offer solution to it. They have vast network of clients both in Columbus and in the surrounding environs.


They offer various Columbus application solutions. They deal in custom software services and they have a 24/7 customer support. They have an efficient business and workflow at minimal costs.

Marxent Labs

Found in AMF, OH, United States, this firm deal in multi-platform app development. They are one of the best in Augmented Reality mobile applications for iOS and Android platforms. They also deal in custom apps for various reasons such as trade shows, books, catalogs, among others. they have worked with various companies such as Heineken, Moosejaw, Emerson etc. Some of their apps include Lowe’s , AZEK Building Products , HammacherSchlemmer, etc.

DXY Solutions, LLC

Located in Columbus, DXY solutions develop mostly mobile software. They have an innovative, and creative team that provides powerful solutions for big businesses, companies,organizations, including individuals that employ mobile devices. They have developed software such as Cleveland Clinic MyCare, among others.

Red Hawk Technologies

This is another company in Columbus that deals with app development. They are determined to develop revolutionizing and innovative web and mobile apps that are meant to create new revenue streams for their customers. They develop their apps based on their business and marketing experiences. Their app development experience is extensive for instance they have expertise in developing apps with client IP, data sources, and enterprise platforms. Some of their apps include Storopack, Luberfiner, Storopack Protective Packaging App, among others.


They are renowned as the award winning web and mobile app development company. They offer tech solutions from scratch to the end.

There are various companies in Columbus that deal in app development. The above mentioned are just a few of them. Overall, they all develop apps with one purpose, to solve solutions to tech problems. –