Cryptocurrency is new to our society, but it is slowly making a place for itself in our country. According to a recent report, India has registered a growth of over 10 million crypto investors in 2022. There could be many possible reasons behind this but in fact, digitization and these back-to-back lockdowns are probably the major reasons behind this growth.
These lockdowns gave people time to think about cryptocurrency, and it also helped people to recognize the need to have a passive income source. Regular news and social media posts about the rapid growth of Bitcoin and Dogecoin also attracted people toward it and established cryptocurrency as a new source to make money faster.
Whatever the reason is, the fact remains that cryptocurrency is here and our government is still exploring its pros and cons. There were some rumors that the government is planning to introduce its own cryptocurrency, but no one knows how true this rumor is.
In between all people are getting confused about the adoption of cryptocurrency and tax imposition on it. However, as the clarity and government guidelines in this matter are still unavailable, SAG IPL, a pioneer in technology and development in the country, is here to help people to understand the cryptocurrency and blockchain and to analyze the potential of blockchain for your business case with real-world applications.
SAG IPL is a leading full-service IT company, known for providing quality development and market services. The company has successfully completed 800+ projects; It is also handling various projects for clients located globally. It is a well-known company for providing cryptocurrency and blockchain-related services.
Recently, MoneyControl drew its attention to MD SAG IPL’s expert comments for a better understanding of the emerging cryptocurrency landscape in India. He explained all the topics and issues faced in the crypto market and its tax applicability.
In an interview, Manisha Gupta CNBC-TV 18 asked “How should crypto income be treated?” Amit Gupta, MD SAG IPL said that “ Taxation on cryptocurrencies should depend on the nature of the investment, it means that if it is being traded frequently and profits are made from sales of cryptocurrency, then it can be taxed as business income, and can be taxed as per the applicable slab rate. Whereas, if it is held for investment purposes, then it can be taxed as capital gains”.
As per a recent update, the central government is planning to introduce a bill in the first quarter of 2022. However, their stand on cryptocurrency is not clear till now. There are some rumors that the government is looking for a middle path but at another second we receive rumors about a complete ban on existing cryptocurrency. Thus, we all have to wait a few more days to get more clarity.
Not only cryptocurrency adoption but also a great spike has been reported in recent years regarding the demand for services related to cryptocurrency and blockchain development.
There are many IT companies that have included cryptocurrency and blockchain development services in their portfolio. SAG IPL has been a leader in technology adoption and was one of the first companies in our country to start providing cryptocurrency and blockchain development services not only to local clients but also to global clients.
Whether you are a financial news channel, institution, company, or someone who is planning a new project, you can take advice from us about the future of digital assets. We can also help you apply this technology to drive your transformation into the future.
As a leading technology organization, we integrate alliances, partnerships, and leaders from every aspect of the blockchain ecosystem, to bring you the right combination of capabilities for your unique infrastructure, challenges, and strategic vision.
Not just guidance, advice, and consultancy but SAG IPL has a team of industry experts who are aware of these technologies and have completed hundreds of Cryptocurrency and Blockchain-based projects. These projects were completed with services ranging from token and ICO development to marketing of ICOs. More details about our services are provided below.
Back in March 2018, a list of over 1600 cryptocurrencies was published as existing coins in the market. To this list, new coins and tokens are added every day to make the ecosystem more competitive. Nevertheless, new cryptocurrencies are emerging as a popular choice.
With the emergence of digital currency in the global financial ecosystem, cryptocurrency services are growing as a niche business for enterprises as well as startups. There are many services related to cryptocurrencies.
The most common among them are currency exchange platforms, ICOs, and wallet development services. These services are gaining good momentum in the crypto-business landscape. Here is a list of popular cryptocurrency development services that SAG IPL has been providing
A cryptocurrency is developed in the form of a coin or token. Many blockchain development companies allow you to create your own cryptocurrency. Token and coin development emerged as a top cryptocurrency service for blockchain development companies, due to the vast perspective of digital currency-based trading.
SAG IPL has been providing ERC20 based token and Coin development services for years. Clients have to choose a name and purpose (idea) for their token, and the company will handle the development of smart contracts and token. SAG IPL can also help with holding ICO, IEO, and STO as well.
A platform that is used for exchanging digital/cryptocurrencies is known as a cryptocurrency exchange. Exchange companies normally keep a large stockpile of a particular coin, which they trade for other coins for a small number of shares. As the number of altcoins continues to grow, such platforms are sabotaging the market. As such exchanges are becoming profitable ventures, demand for exchange development and exchange software development services is growing at a rapid pace.
You can easily hire SAG IPL to get customized digital exchange software applications. We mainly manufacture two types of digital money exchange i.e. centralized (regular) crypto exchange and decentralized (peer-to-peer) crypto exchange. Contact us today to get the best deals on Exchange Software Development.
According to a recent report, there are around 22 million wallets and the number is still growing. Basically, crypto wallets are digital wallet apps that store cryptocurrencies. Since digital wallets are important to users, many enterprises are developing wallets with unique features. Wallets can be used to store cryptocurrency, and we can also send and receive currency from it.
Our company can easily develop secure and multifunctional crypto wallets that help you to manage and store multiple digital currencies. SAG IPL specializes in creating secure and reliable multi-cryptocurrency wallets, thus upgrading your business with our end-to-end Cryptocurrency Wallet Development Services.
A White Paper Development Agency provides precise details of the project and product. It also includes a description of how businesses benefit from those products or services, and all of this needs to be well supported by facts and figures. To create a white paper, you need a team that understands what your project is and how to conduct research, organize information, and use language that appeals to your audience.
SAG IPL is well known as one of the specialist content writing and marketing agencies. We have a talented team of content creators and ICO white paper writers with experience ranging from 2 years to 10 years. Whether you need a professional white paper writer or just a content editor, SAG IPL provides the most efficient content solutions.
A pitch deck is a visual presentation created for the purpose of giving your target audience a brief but complete overview of your business plan or upcoming project/idea. It is known for giving projects a head start over its competitors. These have become necessary these days for almost all projects and businesses.
The SAG IPL has a qualified team consisting of Pitch Deck writers, designers, consultants, and industry experts. We are specialized in developing high-quality and results-focused pitch decks that are capable of attracting potential users, clients, investors, etc., across a wide range of industries. We are committed to offering the highest quality standards both in terms of design and content material.
Launching an ICO begins with the view of building a new blockchain on the existing blockchain to create a token. Blockchains like Ethereum are forked to create a new Genesis block. This can be done by setting a new key pattern in the block.
ICO development is yet another service SAG IPL has been providing for years. Our company helps with great, innovative projects to launch successful ICOs. We are ready to provide every ICO-related service under one roof to speed up your journey. From logo and ICO web designing to smart contracts development, we cover everything in our services.
STO which stands for security token offering is a type of public offering in which tokenized digital securities, known as security tokens, are sold on cryptocurrency exchanges. Because tokens are classified as securities, STOs are more sensitive to regulation and thus represent a more secure investment option than ICOs, which have been subject to several fraudulent schemes.
SAG IPL provides trustable STO development services to expand fundraising for your project. Our company provides high-quality security tokens offering development services to companies of all sizes and across a wide range of industries. Our blockchain development team consists of skilled developers, designers, and marketers who can help you develop and promote the right security token to match your business idea.
It is an illustration video that explains to the audience about your ICO, working, solutions, your cryptocurrency, roadmap, benefits, features, as well as its purpose. It can be anything from an interview of the ICO owner/director, video tips, a tutorial, a PowerPoint video, screencast, live video, photo series, product video, animated videos (most popular), or anything else.
As a leading ICO marketing company, SAG IPL is good at creating marketing content that includes text and videos to increase the reach of ICO campaigns of clients across the globe. We have a team of ICO marketing and video experts who will make sure that the videos for ICO campaigns engage a wider audience and encourage them to invest in the project.
SAG IPL is a full-service IT company and it is a reputed company for ICO, IEO, STO, exchange, and crowdfunding marketing services. Most of the marketing services include website creation, SEO, SMO, Content writing, graphic designing services. Our marketing services are affordable as well as result-oriented. Thus if you are looking for a Marketing agency for your cryptocurrency-based project contact SAG IPL now.
The list is still not completed, we provide a number of other development and marketing services that can help you to achieve your project goals faster. We also hope that the provided information about the taxation on cryptocurrency will help you understand the situation and taxation better. Additionally, the details of services will help you to understand what services you can outsource from SAG IPL.
SAG IPL is an emerging technology development company. We have experience working on over a hundred cryptocurrency and blockchain development projects. Our dedicated services are able to meet all your project needs and provide quality development solutions.
With a team of experienced developers, SAG IPL is providing services as a technology partner for several cryptocurrency exchanges and ICOs. Our services and understanding are not limited to technology alone. Our in-depth market approach has been providing unparalleled benefits to our customers situated worldwide. So, Whether you want to know about these technologies, or you are looking for a reliable company for your next crypto/blockchain-based project you can contact SAG IPL without worrying much, So contact us now and avail yourself of the unbelievable deals and offers on services.
Article Source:- Cryptocurrency in India, And How SAG IPL is Helping Companies To Deploy Blockchain Technology
The blockchain is the decentralized database of the blocks of information, which gets recorded in the chain format and linked in a secured crypto graphical manner. This technology ensures proper safety of the data due to its secure nature, and it totally changes how people carry out transactions. It also brings about a faster and secure process of validating information needed to establish reliability.
Though blockchain technology came into the market to carry out only digital transactions, it is now used in various industries like supply chain, finance, health care, and many more.
The blockchain technology has made its position in mobile app development as well. Blockchain applications are transparent and accountable. From getting easy access to medical records and buying insurance, you can see blockchain applications everywhere.
Here are some of the areas where you can see the use of blockchain applications and how they have changed various industries.
Ripple is useful for increasing banking transactions. The implementation of blockchain technology in the financial sector is much more profound than any other sector. Ripple proves this. It is one of the greatest tools to record and complete financial transactions.
It develops a large network despite strict physical boundaries. As there is no such third-party involvement present, the cost of these transactions is lower than usual. At the same time, the network also remains transparent and quite secured.
It is normally seen that financial transactions that happen globally are
error-prone and take a lot of time. In addition to this, when the transaction
fees and exchange rates get added up, the total cost usually gets high.
However, Ripple offers real-time international transactions without spending too much money. It has the network of about 200+ institutions making the process affordable, secure, and fast for all sorts of international transactions.
This blockchain application helps in automating flight insurance. Insurance is another area where blockchain is gaining popularity. Through this application, insurers can make smart contracts rather than getting involved in the traditional contracts that are usually complex. Etherisc is the blockchain application that helps customers buy flight insurance. If the flight gets canceled or delayed, they do not have to wait for months to get the payment back. This application ensures an on-time payout.
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Blockchain has changed how enterprises work. An enterprise cannot afford to build a complete end-to-end blockchain solution without the help of frameworks. The frameworks help to simplify the process and also ensure that the enterprise has the freedom to customize the blockchain network they are building for themselves. With Codezeros, you can easily find the best development frameworks that enable web developers to create Blockchain websites efficiently.
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Being one of leading blockchain development companies in India, we have marked a niche by providing some successful Blockchain based software solutions on ethereum, hyperledger, Smart Contracts, and much more. You can leverage Blockchain technology to enhance data security, complete process automation, reduce data storage cost, eliminates duplication of data and reduce time,
We have industry best experts to provide you feature packed Blockchain development services catering to your business challanges. Get in touch now to explore the benefits of Blockchain for your business!
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Blockchain Software Development Company, BlockchainAppsDeveloper can restyle your business enterprises with the higher secrecy blockchain software solutions. We, BlockchainAppsDeveloper is the most trusted top Blockchain development company in India, having expert level skill of blockchain development team who have successfully worked with 50+ worldwide customers around the globe. To expand the nature of your business enterprises with blockchain technology, you can employ our committed blockchain developers with a team of complete blockchain developers & blockchain consultants.
Cryptocurrency Exchange Development
As a leading cryptocurrency exchange software development company, Blockchainappsdeveloper specializes in the development of custom cryptocurrency exchange service solutions that are highly trustworthy. Cryptocurrency exchange development solutions are developed with high-level security standards and multiple payment method integrations. BlockchainAppsDeveloper has a team of skilled experts who can develop safe, secure, convenient and admin/user-friendly exchange development solutions for effective crypto trading.
Get our FREE Cryptocurrency Exchange Script Demo!
BlockchainAppsDeveloper till date has initiated Blockchain powered cryptocurrency exchange development business projects that work with latest order-matching algorithms & liquidity to ensure the execution of high volume trade orders for all cryptocurrency pairs.
Once you get in touch with Blockchainappsdeveloper you can be rest assured to get rid of the complete technical requirement and all the rush pertaining to the implementation and maintenance of the cryptocurrency exchange. Our skilled experts have a high level of accuracy in developing and checking all the crypto trading essential components.
**Decentralzied Exchange Development **
Hire a team of expert blockchain developers to develop Decentralized exchange software development solutions for your business.
Decentralized exchanges provide the gateway to the true potential of P2P cryptocurrency exchange transactions. Our team has delivered 50+ decentralized exchange solutions for customers, so far.
Best features DEX brings to the table:
Our blockchain development team is skilled enough to leverage Hyperledger technology to build a secure corporate blockchain for your business and keep multi-party engagements immutable and tamperproof.
If you need more specific functionality tailored to your business requirements and needs, we will consider all the ket aspects of the crypto industry, conduct thorough right business analysis, and build a custom-fit blockchain software solution.
BlockchainAppsDeveloper is a trusted Blockchain Software Development Company, delivering AI and Blockchain Software solutions to drive business outcomes for startups and enterprises. Our team has deep expertise in: Machine Learning, Natural Language Processing, Computer Vision, Blockchain, Big Data, Data Science, Data Analytics fields.
We help startups and entrepreneurs validate blockchain project ideas, build an MVP, iterate towards reaching product-market fit, and scale fast. For enterprises, we also provide technology consulting comprising building business-led solutions and energizing legacy systems that drive business performance and constrain inefficiencies.
BlockchainAppsDeveloper addresses excellent client experience as our top priority. We achieve it through the clear and timely communication, transparency in managing clients’ expectations, a highly orchestrated platform development process, and a pro-active and consistent blockchain team.
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Blockchain technology is a way of managing a ledger of records in a decentralized manner. It means that everyone participates in maintaining and updating the ledger, which makes it practically impossible to falsify.
While Blockchain technology is a good solution to the issue of centralization, it’s also very inefficient and slow, therefore it should only be used if the problem at hand is indeed centralization.
That’s Blockchain technology in a nutshell. If you want a more detailed explanation about the Blockchain and how Blockchain technology watch the complete video , here’s what I’ll cover:
0:54 - What blockchain aims to solve
2:48 - Bitcoin: the decentralization of money
3:10 - Decentralization opportunities
4:04 - Blockchain explained in a nutshell
5:16 - How does blockchain technology work
10:05 - Ethereum in a nutshell
10:26 - Private blockchains
11:40 - Public blockchains
11:58 - Is blockchain the next big thing?
13:12 - Conclusion
📺 The video in this post was made by 99Bitcoins
The origin of the article: https://www.youtube.com/watch?v=2yJqjTiwpxM
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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