Ripple at NBK Mohammed AlKharafi & Mohammed Akbar ECOH 2019

Normal crypto is a digital asset designed to be employed as an apparatus of exchange. New units may be found via mining. Any person may do this by using their device.

Mining uses a lot of time and electricity, though. A powerful machine is also required, to do this successfully. On the other hand, Ripple is a centralised asset, which is unmineable. A fixed number of tokens were made by the organisation and this number will not be exceeded. 

Looking to buy crypto? Securing it is very straightforward but investors should take care, whenever attepting an internet transaction of any sort.

Nowadays, over 50% of all buys are carried out over the net. Online shopping is simple and easy, hence additional numbers of people are choosing this alternative rather than fighting the crowds in the malls. The internet also allows them to perform more valuable research and pick-up the best deals. Even so, there is a murky aspect of e-commerce. These are the crucial guidelines, consumers must follow.

Always purchase from home. Hackers can easily access sensitive information when you take advantage of public wifi connections, thus it is safer to buy from your living-room than in internet cafes. Avoid making purchases while connected to railway stations, hotels or any kind of free hot-spots.

Avoid FaceBook/Twitter links. Do not rely on these types of deals as many URLs are shortened. This means you can't be confident that the link transports you to a legitimate site.

Purchase with your credit card. Avoid using a debit card. More than 50% of debit cards require that fraudulent purchases be reported in less than two days to qualify for limit liability. Never wire cash to vendors. You cannot get your money back should you do this. Always examine credit card statements. Put online receipts within a separate email folder, so you may crosscheck transactions.

Don't provide any more info than necessary. You don't need to provide your driver's license number. They don't need your social security information either. If the site demand this information, it should concern you. Pick lengthy passwords that you can visualize. Then if your phone/PC offers to remember the password, always select 'No'. Should somebody gain access to your machine they could potentially find your credit card information.

Watch you don't fall prey to gift card schemes. When you receive an email that claims you've qualified to be sent a gift card but then asks for your credit card info, ignore it. Genuine retailers will never request such sensitive info. Always remember this, because it's necessary that buyers act wisely when buying online. Order from home and be certain that the company is trustworthy.

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