Case Study On Everledger

The process of producing the diamonds so they could be sold on the market involved many steps which were illustrated in the movie, Blood Diamond. Smugglers like Archer would supply the RUF with guns. The guns would be used by the RUF to intimidate the people of Sierra Leone into working as laborers for them, we see this with Solomon and his son. These men would be forced to dig in the water mines for hours a day searching for diamonds of all sizes. Then the diamonds are mixed with other diamonds all around the world, mixing the illegal ones with the legal ones; this was explained in the movie by Archer to Maggie. When the diamonds are mixed in with the others, no one can determine for certainty where each originated from. It is then distributed to nations where they are made into necklaces and bracelets, and no questions are asked.

Let’s take a look at what this game changer in the banking sector has to offer.

Currently, venture capital (VC) “funding trends for FinTech and the developments in large categories such as wealth management, blockchain, remittance tech, and insurance tech,” certainly do seem to be in the process of changing the face of payments and the contemporary relationship that the payments industry has with banks.

Some people only knew blockchain as the causal technology behind the always controversial digital currency Bitcoin. Yet, blockchain technology is so much, much more; it's unbelievably innovative and its potential is extensive to say the least. Much like the internet of today, there’s no need for you to know how this technology works to use

For centuries diamonds have been associated with supernatural qualities, including the power to protect and

All around us, records are being taken and our lives are being invaded. Video cameras record our lives in shopping malls, workplaces, schools, and countless other locations. Our telephone and internet conversations can be decrypted and intercepted by outsiders. Targeted marketing tracks our purchases, viewing habits, musical interests, and hobbies in order to send us the junk mail that is most likely to encourage us to part with our money. The introduction of direct payment as we now know it is just another step towards a Canada where everything we do is in the public domain. The technology of Interac and other similar electronic debit systems in other countries allows the consumer to transfer money directly from his or her banking account to the merchant. The merchant (and the financial institution, and the Interac Members group) then have a record of your card number and purchase amount. When your bank compiles this virtual history of your commercial life, this can become an unwanted and powerful marketing tool. Interac claims that such information is used for broad statistical purposes only, but groups such as Electronic Frontier Canada have a different view. "You could take the top 20 per cent of consumers and sell that list for targeted marketing. And this is your information, but you have not choice about it being collected and sold.", says David Jones, professor at McMaster University and president of Electronic

JPMorgan Chase has been adjusting to the new financial advances in technology. Financial Technology (FinTech) is “an emerging financial services sector in the 21st century” that includes “any technological innovation in the financial sector, including innovations in financial literacy and education, retail banking, investment, and even crypto-currencies like bitcoin” (Investopedia, (n.d.)).

It is difficult to look at a diamond for what it truly is: a rock. The over-glamorization of diamonds has spiked an increase in diamond mining activity in Canada. As the name suggests, diamond mining is the excavation of these gemstones through a series of processes. Canada’s climate in the north provides the perfect environment for diamonds to spawn, thus reinforcing Canada’s position as the “third-largest diamond producers in the world.” The internet reimagined many things into current, popular trends. Similarly, the simpleness of diamond-encrusted jewelry was not enough; it opened up the possibilities of diamond-embellished cars, handbags, chess sets and even TV’s. However, there are many steps to undertake in order to successfully excavate

The task of actually hiding and safely storing one’s physical silver bullion close to hand (outside of the financial system) is not very difficult. A key to successful high value silver storage is often found in a person’s creativity and ability to outwit a would-be criminal.

With a modest beginning in 2000, we are now a reputed service provider in several associated sectors/communities of the banking and telecommunication industries. We work closely with our clients to help them realize goals and cater to the growing market demands. We believe in "Delivering results more than expected". We have a great client portolio of prestigious global leaders in the relative industries on our sleeves and we look forward to building lasting/ long-term relationships founded on trust.

Wall Street is going gaga for blockchain. According to a recent report from the World Economic Forum (WEF), over $1.4 bn has been invested in blockchain technology in the past three years, with over 90 firms coalescing into rival groups. The motivation is clear. Distributed ledger technology, commonly known as blockchain, and the underlying idea behind crypto-currency bitcoin, promises to revolutionize the infrastructure of modern finance and investment.

comes out without the government inspecting you and making sure the item is yours .

Today’s cyber environment is promptly allowing people to connect with personalities around the globe. This development in connectivity, accessibility, speed, technology adoption, and payment options delivers the advantage of permitting individuals and businesses to more effortlessly and effectively conduct their online financial activities. Individual performance and provocation, legal boundaries, and technology advances are all major factors contributing to this unpredictable growth. Unfortunately, these factors have also generated another form of criminal activity; one that is more difficult to detect as well as prosecute. Electronic payments and e-commerce have been targets for fraud ever since they were introduced. The accessibility of

Diamonds have long been considered some of the most prized and sought after possessions. They have been perceived as indicators of wealth and romance. The diamond market however; has been one of the most controversial and controlled markets in history run by a cartel “…an association of suppliers with the purpose of maintaining prices at a high level and restricting competition” (Oxford English dictionary) formed to prevent the market from becoming flooded with diamonds from too many suppliers, resulting in a price drop.

Electronic cash is a term becoming more acceptable as the world makes a shift towards a cashless society. Since the 1960’s governments and financial institutions have made steady but slow steps towards the goal of a society without cash. The cashless society is being sold as a more convenient method of payment, and a method of preventing crimes all the way from the robbery of cash from an individual to the extent of money laundering among crime syndicates.