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Shari Shore

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    1. Asked: March 1, 2021In: Finance

      What happens if financial institutions fold up because of cryptocurrency?

      Shari Shore
      Shari Shore
      Added an answer on March 3, 2021 at 11:16 pm

      Cryptocurrencies, as it stands, lack many of the elements required for them to become fully fledged currencies because their lack of a proper system to control liquidity makes them too volatile to serve as a mainstream means of payment or saving. The second one is that banks are already aiming to adRead more

      Cryptocurrencies, as it stands, lack many of the elements required for them to become fully fledged currencies because their lack of a proper system to control liquidity makes them too volatile to serve as a mainstream means of payment or saving. The second one is that banks are already aiming to adopt the underlying technology that all cryptocurrencies use, which is that of distributed ledgers, and use it to create their own forms of digital currencies with proper systems to control liquidity. Banks are more likely to adapt to the technological shift than to fall prey for it. However, what is surely going to happen is that banking services will become much more decentralized, as seen by the recent emergence of many new banking FinTechs.

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    2. Asked: March 1, 2021In: Programs

      Can I take up an internship program after graduation?

      Shari Shore
      Shari Shore
      Added an answer on March 3, 2021 at 11:16 pm

      While it’s not too common, people do go for internships after completing college, and I am an example. An internship after college was in fact more useful to me than an average college graduate, as I was below average in academics, and needed something during my gap year to add to my CV for my plansRead more

      While it’s not too common, people do go for internships after completing college, and I am an example. An internship after college was in fact more useful to me than an average college graduate, as I was below average in academics, and needed something during my gap year to add to my CV for my plans for higher studies. This internship not only did that, but also gave me a chance to learn the working of hospitality industry through a closer look. And, more importantly, it acted as a springboard to help me launch my career. So, yeah, it’s totally possible to get an internship after college. Also, it’s a good idea to go for an internship for your gap year, as it will not only help pep up your CV, but also give you exposure to the corporate culture and the industry, which will be immensely beneficial for you in your career.

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