DarshD Blogs & Interviews!

  Image by Gerd Altmann from Pixabay (Pixabay License Free to use under the Pixabay license No attribution required) The year 2022 changed the way I saw research and inventions . I learned about the importance of giving credit and what it means for the science and the world. That's because of the Frontier Registry project by Paige Donner.   Want to know what it all means?  As Paige Donner, the co-founder of FrontierDAO narrates, we slowly recognize the problem long lost in history but slowly coming to surface. Paige Donner says- "Imagine if all the inventors had the power to earn revenue from their inventions and there was no case like Nikola Tesla, who had many patents lost and could not benefit from the work he did thanks to his employer- Edison." (Paraphrased) Adding the importance of new technology in solving the old problems, Paige Donner adds - "We have technology now so why are we still relying on legacy journals that don’t provide the full rights to the re...

  Banks ! What are banks? Banking has been an old art of making money by giving money. Let me simplify!! Well, banking is taking deposits (money), to provide loans (money) for a fixed rate of interest (money) which is given to the bank by the person or an organization that takes the loan (money) and the bank gives the interest (money) to the person whose deposits (money) were taken by the bank.  For banks to make a profit (money), the interest rate that is charged on the persons that take the loans (money) should be higher than the interest rate that is given to the persons that provide deposits to the bank. Thus, banking is a business about money. Some banks such as Islamic banks, don't charge interest and thus, only have to rely on other sources of income such as investment in shares and commission for selling insurance or other products.  Banks in many countries tend to be owned by the government but there are many banks which are private. Especially the case with deve...