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What happens to the bitcoin after you die?

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People want to get in on the ground floor of what is expected to be the next big investment trend. That means Web3, NFTs, and decentralized autonomous organizations, or DAOs, are on everyone's mind. New crypto investors, on the other hand, aren't necessarily considering what would happen to their digital assets if they died suddenly. For many, this is bad news because there are currently no established methods for ensuring that crypto is handed on to the next of kin. Without a strategy in place, crypto investors may pass away, leaving their heirs without a vital source of financial assistance and no way to recover it. However, even those crypto investors who are trying to prepare ahead, as well as a few crypto-friendly tax lawyers and financial counsellors, are encountering practical challenges. They're now rushing to figure out how to make inheritance work in the age of bitcoin - a harsh reminder that crypto is still in its infancy. Cryptocurrency's nature makes it dif

After making two-step authentication the default, Google account hacks decreased by half

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Google announced two-step verification for its two billion users on World Password Day (May 6, 2021). However, what exactly is two-step verification and how does it work? We need to understand the principle behind two-factor authentication as more websites, applications, and games implement it as part of their login processes. When we talk about authentication factors, we're talking about three different types of authentication methods: Something you know:  Passwords and one-time PINs, sometimes known as OTPs, are examples of knowledge-based factors. Something you have:  This is a separate, actual item, such as a USB token or a smartphone authentication app. Something you are:  Biometrics, such as your fingerprint, a retinal scan, facial ID, and so on, are examples of inherent factors. So, two step verification, or 2SV, is an identity verification mechanism in which an authorized user must complete two stages in order to properly authenticate. After this approach was launched by Go

Understanding risk

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Risk: Unemployment outlook  The International Labour Organization (ILO) estimates the number of individuals in the labour force aged 15 and up in 2017. Unemployment can be used to assess the overall health of the economy. Long-term high unemployment reduces consumer purchasing power, lowers government tax revenues, and raises the risk of societal instability. Furthermore, while economists and scholars think that some natural unemployment is unavoidable, excessive unemployment has huge consequences for individuals, society, and the country. Worse, the majority of the expenditures are "dead loss" in nature, which means that there are no benefits to offset the costs that everyone must bear. Depending on how the unemployment rate is calculated, it can be interpreted in a variety of ways. And, with that in mind, business prospects in a country with a high-risk unemployment outlook can put a company's survival in jeopardy. South Africa, Greece, Spain, Tunisia, the Dominican Rep

Agile versus Waterfall Methodologies

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Waterfall vs. Agile Methodologies Today in this blog, we will discuss about the differences between waterfall and agile project methodologies. Working in a project just like any other business, has a certain targeted goals which must be achieved in a fixed time frame. To achieve the goal of a project, various strategies can be applied accordingly. But two of the most popular project methodologies are waterfall and agile.  Taking a look at the history of waterfall model, it was first introduced by Winston Royace in 1970. It was developed as a software development method but he himself claimed that it was a faulty method. However, there are many successful companies who have widely used this model. On the other hand, the agile model of software development came to this world in 1990s. This time the traditional structured, segmented, bureaucratic approach to software development was discarded by developers and was replaced by more flexible approaches. Waterfall Model As the name implies,

Transferrable skills

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Problem solving  This skill will not only help people to identify a problem while they are at their work in any company, but it also helps to find out the cause of the problem and possible solution to implement to solve the problem. Having this skill will certainly impress the employer as it helps to boost the company's image towards the public. I was able to acquire this particular skill when I worked as a chef back in Sydney. It took me quite a bit of a time to master this skills as it was very difficult to overcome any problem when the service was very busy. During the time when issues occurred I once mastered this skill, was able to easily think quickly to provide the most suitable solution and minimize loss. This skill will definitely be useful in my IT related career. Problems are very frequent in IT support role. Therefore being able to quickly identify the problem and implement the solution will be able to help me grow in my career. Leadership When it comes to leadership sk

Promoting WHS at Navitas Professional Services

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What is WHS to Navitas? Workplace health and safety promotion is the idea of developing healthy workplace policies and supportive environment rather than just focusing about the health education. Upbringing positive social condition, building personal skills and organizational resilience and promoting healthy work conditions are the essential elements that Navitas Professional Services focuses on. Following the best strategies to abide by the rules of WHS Act and regulations for achieving the goal of our organization has always been an emphasis since the establishment. We understand that well-designed policies and procedures help our organization to meet the requirements of WHS legislation and regulations, however it is much more than having safety-related forms and policies in documented procedures. But Navitas does not rely only on the documentation alone in order to protect its staffs from  harm and meeting safety goals, instead it follows system-based approach which is very effecti