The Digital Identity

The Digital Identity
In a decades time I believe that digital identity will be as important as physical Identity if not more. Today we do have a National identity in some digital form , which is some what well accepted although security is a big concern (for which India will have a solution for sure).
One of the important initiatives that this government took was taking India into digital money in a big way. Today we have some of the coupons which are provided by many companies (such as sodexo & edenrad), which are still in physical form.
Since many of the mom & Pop stores have now started embracing digital money, we have a possibility of converting these coupons into digital format. There are many advantages in converting it to digital format, like if you have ur mobile you have the coupons (no need to separately carry them). Digital payments are easy to track for the business as well, in addition with GST kicking in the shopkeepers will be better off with digital payments. Digital money always is environmental friendly, and lastly the coupons have an expiry date which is only 1 year with digital coupons the expiry date can be more than 2 years or so.

The Next Big Thing - Part2

The NEXT BIG THING

It has been an exiting & Refreshing day. The markets have been as volatile as ever, however who has made the money and who has lost it. After all it is a zero sum game. More importantly which are the brokerage houses which are going to benefit the most is a question. Why did i say that it is an exciting time for brokerage houses, if we see there is a quiet revolution which is happening in the telecom space, and what has it got to do with trading is the question which you might ask. It has got everything to do with trading, today the mobile trading platform is the most prevalent form of trading that exists.

With the 4G mobile internet browsing speeds have increased, at the same time due to entry of R-Jio the mobile internet has become very cheap (previously 1 GB of internet on the mobile used to cost anywhere between ₹ 150 - 300, which has now come down to less than ₹ 60 or less for 1GB), this platform is going to explode is what i believe. The markets are at the peak and we are a 2 trillion economy today. However I believe that we will be a 8 to 10 Trillion economy in a decades time, the investors are going to benefit the most is very true. The opportunity for traders is also tremendous, and these are the customers which will maximize their profits. More importantly the companies which are having robust mobile trading platform, are going to take the bounty with them. Is your Financial House ready for this revolution.

I would like to introduce these concepts to you, as to which are the companies which are having robust trading platforms. This will be a life time opportunity for me, hence request you to provide me a chance to introduce these concepts to you. I did have a Kotak trading account, but i believe that the platform is not yet ready for such a revolution.

Thanks & Regards Girish

The Next Big Thing

Congratulations Sir on achieving stellar numbers in this financial year, I believe that India is poised to be one of the largest economies in the world for next couple of decades, however are our banks ready to gear up to this. I am sure we are, however I believe that I have an idea which i am pretty much sure (probability of around 60-70%) where in we can double banks revenue, and increasing the bottom line by 1.5 times in the next 18-24 months. This is due to the explosive growth of mobile data pack consumption.

I believe that 811 accounts will fetch a lot of customers, but can we increase the revenue from existing customers. I believe so, please do let me know if i can reach out to you for providing detailed plan how we can achieve this.