The crypto landscape of Uganda

The African continent has always been one of the most favorable places for cryptocurrencies in the world. Despite the region has been facing lots of challenges from the regulators in the process of adopting cryptocurrencies, today the regulators tend to reconsider the industry as a result of the growing crypto usage. Today there are many countries especially in the Sub-Saharan region where crypto companies easily establish their business and gain success and Uganda is one of them.

Recently there has been a technological boom in Uganda and the main reason for this can be attributed to the thriving Fin-Tech industry in the country. Many companies started to use innovative technologies to enter some of the most profitable sectors of financial services to drive significant gains and raise financial inclusion which stands at just 58% in Uganda. This is why a great number of start-ups for a total of 550 small businesses in Uganda start to use a revolutionary technology of Blockchain that gives people the opportunity to transact money directly with each other without any need for intermediaries.

In general, technologies in Uganda have the potential to completely change some important segments of the economy and this is especially true when it comes to Blockchain. The country has successfully adapted to new technologies and developed new business models. And as cryptocurrencies are integrally tied to blockchain technology, it’s not really a surprise that the usage of cryptos has increased in the last few years and today this technology is widely used in both financial and non-financial applications within the country.

Why is the crypto landscape thriving in Uganda?
The blockchain and crypto industry in Uganda continues to raise and the main reason for this is the simplicity for crypto companies to establish a foothold in Uganda as the country is very friendly towards investment culture and this is because there are so many investors eager for having many opportunities and therefore, it was beneficial for crypto companies to enter the Ugandan market. In last years many crypto companies established their businesses in Uganda and which helped various industries in the country to succeed.

Furthermore, Ugandans already had a primary example of what trading could do for a person. The role model was Mukesh Shukla, one of the richest people in Uganda according to this article. He had gained most of his wealth through trading and later investments in the various sectors. Knowing that trading and speculation could bring such success, Ugandans were more than motivated to try their luck in these markets, even if Shukla hadn’t endorsed them.

Not surprisingly, traders involved in the foreign exchange market are the ones that enjoy the widening of the crypto landscape in Uganda the most. Having so many crypto-related opportunities helped thousands of traders and they will continue to do so well into the future. Therefore, forex trading plays a major role in the thriving crypto landscape because cryptos are mostly anonymous and transactions made in crypto are a guarantee that your personal information is secured from online scammers. This is why using cryptos is a great option for traders to transfer and receive money.

Blockchain-related regulation in Uganda
The growth of the crypto landscape pushed Ugandan blockchain associations and communities to organize various activities in the country that are related to the crypto market. In 2019 they hosted some blockchain conferences with official support from the government. Despite the fact that currently there is no regulatory framework for the Ugandan crypto market, the government and president have a positive attitude towards crypto companies.

This can be easily noticed if we take a look at the speech of Ugandan President Yoweri Museveni at the Africa Blockchain conference that was held in May 2019. AS he said, the government needs to enable things to move faster and clearly, he meant that the government must revise the law and provide regulations to the crypto market. After that there have been several cryptos to fiat currency exchanges in the country and among them are Coin Pesa, Binance, and BitPesa. After that, the popularity of cryptocurrencies grew so much that today even some restaurants, ordinary shops, and hotels accept payments in cryptocurrencies that makes Uganda stand out from other African nations.

However, still, the government hasn’t taken any further steps in this way and there is no certain regulation about cryptocurrencies in the Ugandan jurisdiction. Regulators and lawyers believe that this sector needs both traditional and digital payment methods and they try to provide some kind of a mix of both these methods. But this is just a part of a future plan and for now, Uganda lacks regulations. But the attempts of the government, president, and Ugandan lawyers must be praised as there is no other government on the whole African continent that has shown so much willingness to expand the use of blockchain technology. Unlike most other countries, the Ugandan government clearly understands the number of benefits this digital technology can bring to the country and how it can take part in the advancement of the Ugandan economy.

Possible changes in the policy
Now the government of Uganda in the process of revising policy and implementing new guidelines to encourage using blockchain technology. However, one more important thing for them is to take a good look at the existing Data Protection Bill that also requires some changes. For now, the personal information of the customers is not strictly confidential and this is why the regulation in the market is vital to ensure the safety of Ugandan people who use cryptocurrencies as a payment option. Also, the government is in the process of introducing a new tax system that will encourage the private sector as well to invest in blockchain technology. Doing so is essential for offering public-private partnership new opportunities.

Finally, we can say that Uganda is one of the most favorable destinations for crypto investors because the government tries hard to encourage more investment in new startups to support the growth of cryptos and boost the economy. Probably, thanks to the growing crypto landscape, in the next few years, Uganda will face enormous advancement in technological and economic fields.

Looking for Guaranteed Christmas Loans 2020 ?

Why it is a great idea to prefer Xmas Loans for bad credit from 24hourloanz?

Money crisis? Relax, we understand!

That moment of the month has arrived when the market is full of celebration vibes- the Christmas season. Jingle bells are ready to excite and delight our daily boring routine. People are already hurrying to the markets for buying presents, surprise gifts, ornaments, delicious food items, and what not for their Christmas shopping. This most awaited holiday season brings in a load of expenses with itself. You must have already started preparing for the Christmas budget for the ticket expenses, shopping, and gifts, etc.

There are times when you are short of money due to high expenses in the last days or maybe a tight income in recent times. During this harmonious festival season, everyone in the family and friend group is tight handed due to heavy expenses in the days of Christmas. Hence, you can’t request them to help you with the money crises during Christmas. Most of the banks make you go through a long verification process with a strict credit check taking a long time for Christmas loan approval.

However, don’t let the Christmas vibes be spoiled due to money issues. The short-term holiday loans can be a great choice to meet the Xmas expense like gifts and presents for near and dear ones, food items, home tickets, and all such festive shopping. You can prefer Christmas loans to meet all the holiday expenses on an urgent basis from 24hourloanz.

No matter if, you have a bad credit score, being the direct lenders, we make sure that you get flexible Holiday loans with no credit check to let you enjoy the festive season at the fullest. You just have to apply online for these loans and within around 5 minutes of application process, you would be done! It is flexible and simple procedure for you.

Who should opt for the Holiday Loans from us?

Are you already excited for the upcoming month of festival? Christmas is a month of holiday when we plan many crazy things for enjoyment and celebration. However, bad credit score and shortage of money could be a villain. You can check why you should opt for Xmas loans in 2020.

People who are short of budget and have to meet the heavy expenses during Christmas.
Instant approval of loan.
Having a bad credit score.
Minimal documentation for the guaranteed approval of Christmas loans online.
Need urgent money with no credit check in a short period.
People who are looking for guaranteed and instant Xmas loans
No rejections and embarrassment
People who don’t want to go through the long and strict verification process.
Speedy and smooth procedure.
Grab Christmas Loans 2020 with no credit check easily!

Having a bad experience with credit scores? No worries!! We still would love to help you with the easy approval of Xmas loans online with a poor credit score. You deserve a great pool of memories collected from the Santa Claus season. All of us must celebrate the festivals, as we always want to. There must be no room for sacrifices and compromises. We are the loyal brand that serves instant holiday loans to its valuable customers.

It is not a big deal to get short of money during the festival season and having an imperfect credit score in parallel. Approaching family for money is not a good idea on festival days. Banks require tough verification and other third-party lenders for Christmas loans are too expensive to reach. Relax; we are always there for you! There are always reliable and trustworthy options left to help you out in the tough money crisis.

24houloanz is the ideal direct lender who guarantees to approve your instant holiday loans with no credit check. If you have a good credit score, your Xmas loan would be easily approved with the amount you have applied for.

However, if you have a bad credit score, we still will approve it with just a limited money amount. It has become too easier to apply for holiday loans in 2020. Not all organizations give you the benefit to seek personal loans for Christmas with minimal documentation. We have prepared a quick process to apply for the loans. Here is the tiny list of necessities and documentation required to apply for Christmas loans 2020-

You need to be a legal resident or citizen of the US

You have to be 18 or above the age of 18- Age proof
SSN (Social Security Number)
Government ID proof
Income Certificate
And that’s it. We are done with the basic documentation required for applying for Xmas payday loans in 2020 and making your festival season a wonderful time of the year with zero money tensions. With a 100% loan help to our clients, in return, we expect timely repayments from you. Our motive is to accompany you throughout your money crisis and expect discipline in your behavior.

Incredible benefits of getting Christmas loans from us

Who would not love to enjoy a mega-festival like Christmas? To avoid all the terrorizing situations of money shortage, we offer you the best deal for seeking guaranteed approval for Christmas loans. If you are unfortunate for having poor credit scores, we will not let you face rejections.

Our responsibility is to understand your situation and save you from the rejections and embarrassment you could have faced while applying at other places. Because, most of the organizations and the bank takes you on a tour of strict verification. We all wait for Christmas for the whole year and our bad credit score has no right to spoil our holiday spirits. Hence, do not think twice while applying for guaranteed cash loans with a bad credit score.

Hope all your Christmas wishes are fulfilled this year without any money stress. Have a merry Christmas. We wish that you can enjoy this festival more than anything. Remember, we are always there for you to handle your money tensions.

HOW TO GET A GUARANTEED LOAN WITH LOW CREDIT SCORE

Before we jump right onto how you can successfully get low credit score loans, if you have a low credit score, let us look into what credit score rightly means.

A credit score is the most crucial parameter to determine if an individual is worthy of credit, which means to decide the creditworthiness of a person.

A credit score below 750 is not good enough to get a loan approved successfully, so having a credit score above 750 will prove beneficial.

Having a good credit score is all time necessary, and you can maintain so by paying off your timely debts and having good financial management skills.

Below here are ways on how you can get a guaranteed loan with a low credit score. Finding out the right online lending platform
Be expansive in your search for appropriate lending platforms for guaranteed loans for bad credit.

All lending platforms have different credit score cut-offs available for the customers. Research and study about them before making a decision.

There are various loan lending platforms out there. Some of them are highly beneficial for getting emergency loans and you can sanction loans and get them credited to your bank account instantly.

Lending you asset-backed or unsecured loans
If you have a low credit score, getting a secured loan approved bears higher chances compared to unsecured loans.

Lending platforms consider approving loans against collateral security a better option due to lower risk than approving unsecured loans.

However, do not forget to check out guaranteed loans for bad credit too before applying. In the case of a higher rate of interest, secured loans are a better way to go.

Going for joint loans- Are they safe or not?
Another great option to successfully get a loan approved even if you have a low credit score is to apply for joint loans.

If you are aware of someone with a good credit score, cooperating with them to apply for guaranteed loans for bad credit is the right way to go. You can check out the various fintech platforms for various lending companies and find the most compatible one with just a click of a button.

Are you guessing on the loan amount? Make your estimates judiciously
Always apply for an amount of loan you know you can pay off successfully. If you have a low credit score, starting with a smaller amount is the right way to go. Applying for a smaller loan amount not only builds trust but also improves your creditworthiness over time as you pay the amount successfully.

Deciding on the loan tenure is important as well
The loan tenure needs to be perfect for low credit score loans. You don’t want to choose your tenure too low or else this will make the EMI too high that is unpayable for you.

On the other hand, you should neither, make the EMI amount too low and choose the tenure to be too long. This will only make you pay more interest accrued over the years on your principal amount.

Remember that the EMI amount and the interest factor both are directly dependent on the loan tenure.

Do you want to go for a mortgage loan or an unsecured loan?
Going for a mortgage loan is the safest option in case you want to choose guaranteed loans for bad credit.

At least you will be safe in case you are not able to pay off the loan. The bank will auction and sell the property that you have mortgaged to the bank or the loan lending financial institution.

What other options are available to you apart from banks?
If you find it too difficult to get low credit score loans, then you can opt for non-banking financial institutions.

Taking loans from peer-to-peer lending platforms or non-banking financial institutions is the safest option to chose when you have low creditworthiness.

Although they might charge a higher rate of interest compared to banking institutions, their loan policies are flexible and will guarantee you an approved loan.

You can also choose to go with the online fintech platforms to get small loan amounts at cheap rates faster within the same day itself.

Business Coach: Overwhelm Kills Consulting Business

Today we are going to talk about how overwhelm kills your consulting business. Overwhelm is an emotion and like all emotions it has a trigger that causes it to happen. Check to see if you have these tell-tale signs that may be causing you to feel overwhelmed. Look at the suggestions on how to deal with feeling overwhelmed and how you can turn the situation around in order to add maximum value to your life and your business.

Overwhelm is an emotion, not a business problem. Feeling overwhelmed is the same as feeling happy, sad, encouraged, disappointed, excited, or angry. Emotions are a response to something. You have to address the event that triggers their intensity. What trigger event do you notice? Can you point out what is happening in your business that is making you feel overwhelmed?

To-do lists are a trick. To-do lists are a major culprit of feeling overwhelmed. Do you have things on your to-do list that never move? Do you have things listed to help you avoid the real work of your business? If you have an unfocused to-do list, it only stresses you out. Yes, you will be busy, but the tasks don’t move your business forward. Actually, this unfocused to-do list only adds to the frazzled and unfocused felling that leads to feeling overwhelmed.

Do things that matter. In order to get things back in focus, do things that matter.

Commit to you. Commit to the things you know you need to do so that each day builds on the one before. Commit to the things that improve your expertise, your understanding of the daily business operations, and your understanding of your clients. Do the things that make you a better leader of your consulting firm.

Commit to your business. What are the things that must be prioritized in order to improve your business and help it produce a better outcome for your clients? Does your sales process need refining? Should you re-commit to your client retention strategy? Does your service offering need to be improved? Recommit to those things.

Commit to your employees. Recommit to your employees. There are things you owe to your employees, clients, vendors and outsourcers. These groups support you directly and indirectly. Make sure you are providing for them in the very best way you can.

Be honest. Be honest in your assessment of you and your business. It may be something in the above list or something else. Only you know exactly what it is. Whatever the issue, go after the things that actually matter to the growth of your business.

Solve the time management trick. In order to solve the time management trick, you need more than a time management hack. You need more systems in place, more procedures, and deliberate ways of producing high level results. More systems also means that you need less stuff. You don’t need more software, more employees, more sheets of paper, or more templates.

Additionally, you have to be able to measure success. What does success actually mean? You have to be able to differentiate between a good result, a great result, and a poor result. Your environment, your team, your vendors, and your employees also have to be able to know the difference between a good, a bad and a great result.

Finally, in order to better manage your time you must prioritize. Choose the things that are most important to you and make sure those things happen. If you are consistently doing the things that matter most and those are highest on the priority list, then you’ll do them well. You will end up getting more momentum in your business simply because you can provide the best energy on the things that provide the best value. While it makes simple sense, it is easier said than done. It requires heavy commitment.

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