Monday, November 29, 2021

Planting Trees on Ocean Floor to Fight Climate Change

The Earth is at a tipping point. Our planet’s temperature has risen 1 degree Celsius since the industrial age, and if we do not act soon, the world will face catastrophic consequences.

We cannot afford to wait any longer. The majority of climate change deniers are those who have been solely benefiting from the status quo — those with privilege, those who have been benefiting from dirty energy sources. It is time for us as a global community to come together and make a difference before it is too late.




Alan Safahi: The oceans are currently absorbing about one-quarter of the carbon dioxide that human activities are emitting into the atmosphere. But as oceans go deeper, they have a harder time being able to absorb any more CO2.

One solution to save ourselves from climate change is to plant trees deep underwater. This can help reduce atmospheric CO2 levels and prevent some of the worst impacts of climate change, while still leaving plenty of space for human life on land.

The idea is that planting trees deep underwater will help absorb CO2 emissions and help maintain our current energy system without requiring large alterations in everyday life like giving up driving or eating meat.

Trees are excellent carbon sinks and plant life, but they lack oxygen to grow at an optimal level when submerged underwater for too long. However, scientists have found a way to combat this by growing plants in flooded greenhouses using hydroponics and nutrient solutions. This innovative idea is sure to provide a sustainable solution to the devastating effects of global warming.

How Planting Trees in the Ocean Will Improve the Environment

A new way to improve the environment is through oceanic plantings. The trees will be planted in the ocean, and this would help improve the health of marine life. The plants will also be able to grow on salt water, meaning that they could also be used for other bodies of water where plants cannot grow well.

The plants will help improve the environment because they will provide food sources for animals in the oceans, as well as offer them shade. They are also expected to filter pollutants from the water, meaning that it would be less polluted than before these plants were introduced. This means that animals can now live healthier lives without worrying about pollution coming from humans or other sources.

The Plant Trees on the Ocean Floor Idea and What Challenges It Faces


The idea of planting trees on the ocean floor as a way to combat climate change has been around for decades. However, there are still plenty of questions that need to be answered before this idea becomes a reality.

For example, what impact would the roots have on marine life? How could we protect these underwater forests from poaching?

The world’s oceans are increasingly becoming more polluted, warmer, and more acidic. These changes in the water could be disastrous to the marine ecosystem.

Plants that grow underwater can help combat these changes by absorbing carbon dioxide and helping to keep the pH levels balanced.

Positive impacts of oceanic plantings


Oceanic plantings are an important part of improving the quality of our oceans because they provide habitat for marine life. They also provide oxygen production through photosynthesis. Lastly, they are an important part to improving water quality in the oceans by capturing pollutants in their roots and leaves.

The physical oceanic planting of plants is the practice of bringing terrestrial plants into the ocean by using boats, kayaks, or other vessels. It may also refer to the planting of saltwater tolerant plants on coastal land.

The practice is thought to date back thousands of years to when Polynesian settlers moved from island to island across the Pacific Ocean. The first documented evidence was found in 1931 on Palmyra Atoll which was once inhabited by Polynesian settlers. The H.M.S. Beagle made contact with inhabitants on the uninhabited atoll who introduced Captain Fitzroy to a variety of palms that they had planted there centuries before that were still thriving in 1839 when they stopped by again on their way home from South America.

Conclusion


The Earth as we know it is at the precipice of a major change. The human population has become so large and its demands on the environment so unsustainable that we are now in danger of crossing a threshold and triggering irreversible consequences for life on this planet: climate change, ocean acidification, and mass extinction.

There are many countries in the world which are at risk to climate change. If we do not take any action in the near future, then these countries will have huge problems in the future. We should start planting trees on the ocean floor.

Planting trees on the ocean floor would help to save land from disasters, while still leaving plenty of room for human life to grow.

# # #


Alan Safahi
is an entrepreneur, investor, advisor, futurist and amateur freedom fighter.

​Safahi is a Principal at Safahi Global Advisor, an Orinda, California advisory and consulting firm specializing in banking, financial services, Fintech, money transfer and cryptocurrencies.

Originally Posted: https://safahi.com/planting-trees-on-ocean-floor-to-fight-climate-change-6d893db6448d

Thursday, November 25, 2021

Comprehensive Guide to Investing in Cryptocurrencies

Cryptocurrency is a digital currency that uses cryptography to regulate its creation and usage. Cryptocurrencies are not issued by a central authority, but instead they are mined by computers solving mathematical problems. This solves the issue of double spending - a problem where a cryptocurrency is spent more than once.

Cryptocurrencies can be divided into two categories: fiat-backed cryptocurrencies and decentralized cryptocurrencies. Fiat-backed cryptocurrencies are backed by governments, while centralized cryptocurrencies are backed by computer software algorithms.

Digital Currencies are quickly becoming a popular form of currency. While this may seem like a difficult topic to research, the benefits of investing in them are worth it. This article will cover some of the benefits and give you some pointers on how to invest in digital currencies.

The benefits of digital currencies

The first benefit is that they are anonymous and decentralized, meaning everyone can use them and no one has control over them.

Next, digital currencies do not need any kind of bank or central office and transactions take place instantly and globally.

Lastly, another one of the benefits is that they don't need to be stored in any kind of physical location because they exist only in the digital world with nothing tangible backing it up at all.

Pros and Cons of buying crypto

You should know that bitcoin is not for everyone. The price of bitcoin has been inconsistent which makes it hard to predict whether it will go up or down in the future.

Your other option is to buy an e-currency like ethereum, litecoin or ripple. These are cryptocurrencies that are more stable than bitcoin and have the potential to grow in value.

Cryptocurrency is a form of currency that is digital, decentralized, and completely secure. There are many different types of cryptocurrency such as bitcoin, litecoin, ethereum, and more. If you want to invest in cryptocurrency then you'll need to know how to buy bitcoin first.

Alan Safahi: There are a few ways you can buy bitcoins with traditional currency (like USD). You can buy bitcoins through your local exchange, with a credit card, or with another cryptocurrency like Ethereum, Litecoin or Ripple by using an exchange site that converts into BTC.

How to Buy, Store, and Sell Crypto Assets?

First, there is the option of buying cryptocurrencies on an exchange. If you have only one cryptocurrency, then you can store it on exchanges like Coinbase or Kraken.

This type of investment will require you to purchase them with fiat currency such as USD or GBP, which can be done through an online trading platform such as Coinbase.

But if you have more than one cryptocurrency then there are various options for storing them such as hardware wallets like Ledger Nano S and software wallets like Exodus Wallet or Jaxx Wallet.

You can also use paper wallets if you want to store them offline. And lastly, you could buy a vault that stores your coins for you in case things go wrong with other storage methods mentioned earlier.

Trading platforms allow for the exchange of one type of cryptocurrency for another and also offer access to trading pairs between digital assets and fiat currencies.

Another way to invest in cryptocurrency is by using mining software and hardware. Mining is the process of verifying transactions through solving complex mathematical puzzles.

The Pros and Cons of Investing in Cryptocurrency

Investing in cryptocurrencies is a great way to make money. However, before you start investing, it's best to understand that there are a few things that you should know. There are a number of ways that people can invest their money in crypto and some of them might be better than others for your purposes.

Investing in cryptocurrency is a tricky thing. It can have a lot of benefits, but it also has a lot of risks. Cryptocurrency is a volatile investment and you need to be willing to accept that.

The pros of investing in cryptocurrency are that it is a quick way to make money, you can invest with small amounts, and there are no transaction fees when you buy your coins.

The cons of investing in cryptocurrency are that it is unregulated, volatile, and there’s not much information about the founders or company behind the coins.

What are the Risks of Crypto Investing?

The biggest risks of crypto investing include financial losses, tax implications and legal liabilities.

The risk of loss is high because you don't get the same protections afforded to investing in stocks or securities. This means that if your cryptocurrency gets stolen or hacked, there is nothing you can do about it.

It's possible for investors to be taxed on their cryptocurrency gains without even realizing they owe money because records might not be kept properly.

Legal liabilities also come into play when people use cryptocurrencies for transactions or investments that may break laws in their respective jurisdiction.

Conclusion

Investing in digital currencies could be the smartest financial decision you make this decade. Digital currencies are unlike any other investment opportunity in history. They are more secure, faster, and provide an unprecedented degree of privacy.

The benefits of investing in cryptocurrencies include financial gains: you can make money if the price goes up.

The risks include potential losses when buying or selling via an exchange due to volatility and user errors.

Other risks include legal and tax implications since crypto is mainly unregulated so do your research and contact your legal counsel or tax advisor if you are unsure.

# # #

Alan Safahi is an entrepreneur, investor, advisor, futurist and amateur freedom fighter.

Safahi is a Principal at Safahi Global Advisor, an Orinda, California advisory and consulting firm specializing in banking, financial services, Fintech, money transfer and cryptocurrencies.

Originally Posted: https://vocal.media/theChain/a-comprehensive-guide-to-investing-in-cryptocurrencies

Sunday, November 14, 2021

Know About Turnkey Processing Solutions

The online payment processing landscape can seem overwhelming for many businesses with a vast array of moving parts and a wide range of integrations and regulations to keep track of. That is why everyone from small startups to large multi-national corporations works with payment processing partners to ensure the perfect payment orchestration layer. One of those payment processing services is known as Turnkey processing solutions.

The Zed Network specializes in working with financial institutions, FOREX firms, and FINTECH companies and provides them with a comprehensive payment orchestration platform to create an efficient global operation. That means we know all there is to know about payment processing and what it entitles, and we thought we should let you know about one of the significant parts of payment processing, and that’s Turnkey processing solutions.




According to Zed Founder and entrepreneur Alan Safahi, a Turnkey is a type of project that is constructed so that it can be sold to any buyer as a completed product. So what is it, and why does it matter? Well, that’s what we will talk about in the following passages. Hopefully, you will need to know all there is to know about Turnkey processing solutions by the end. So let’s check out what it entails!

What Are Turnkey Processing Solutions?

Turnkey Processing is a merchant service company from Meriden, Connecticut. It is one of the most popular options for businesses setting up a process to accept credit cards. According to Safahi, service evolution is constantly going through service evolution to find better, easier, and more innovative ways to support entrepreneurs and business owners. They provide POS technology along with business support services to fit your particular needs. So is it right for you, and what does this service entail? Well, let’s check it out!

Turnkey Processing Fees:

Turnkey Processing solutions fees aren’t disclosed on their website, and the reason is that they provide custom solutions. However, you can contact them and get a quick quote whenever you want. You can go to the website and click the “request quote” option and get a quote. It’s free and private, so you don’t have to worry about sales calls.

Contract and Termination Fees:

We could not find any information on Turnkey Processing contract length or termination fees on the website or anywhere else. However, we did find that the company offers clients legal support if they want to get out of an existing contract with another processor.

Turnkey Processing’s Solutions & Services:

Turkey provides you with a wide range of options when it comes to taking payments. The company will use a point of sale system, countertop credit card machine, or mobile device to aid in sales, whether it’s in-person, online, or by mail or phone order. Here are some of the Turnkey Processing solutions for online businesses:

Turnkey In-Person Credit Card Processing:

It’s the perfect solution for retailers, restaurants, and fixed-location businesses. It lets you take major credit and debit cards when the customer is ready to pay for an item at your company. They offer businesses plenty of choices like complete point-of-sale systems or more compact countertop credit card machines.

Online Credit Card Processing:

Turnkey has a wide range of support for online businesses. The company offers in-house consultants to assist with web design and shopping cart integration when you like to accept payments online. According to Safahi, Turnkey Processing recommends a design/e-commerce partner as well named Deluxa Design. The best thing about Turnkey Processing is its compatibility with the most meaningful solutions like Prestashop, Magento, FreshBooks, Shopify, 3DCart, and Authorize.Net.

Mail & Phone Order Processing:

If you are a business taking payments through mail and phone orders, you will need to have different types of equipment than traditional in-store purchases. That’s why Turnkey Processing company offers its clients a “virtual terminal” that they can access from any computer with an internet connection. It lets companies collect payment info, set up recurring billing, and securely process payments even when the customer is not present.

Business Funding:

Turnkey Processing is all about helping online businesses. Along with credit card processing services, Turnkey Processing offers businesses funding for expenses as well. It starts from 10000 dollars to 100000 dollars with a choice of financing options. There’s a repayment pant that varies depending on the amount of credit card sales, and there is another option that involves fixed repayment.

Gift Cards:

Turnkey Processing lets you create customized gift cards, and if you are already selling gift cards through a third-party program, then you can integrate it with the service. You can even connect multiple branches or franchises into one program for easy tracking and redemption to ensure customer convenience.

Equipment:

Turkey Processing offers businesses equipment that’s compatible with First Data. You can even integrate popular techs like the Clover station point of sale system, Clover Mobile, and Clover Mini. Suppose you already have a point of sale system for your business. In that case, you can integrate it with your Turnkey Processing solutions as it’s usually compatible with systems like Micros and Aloha.

Even if you don’t need a POS system and need something more compact, then Turnkey Processing also offers countertop credit card machines. You can choose a wide range of devices, and you will be able to find machines that include NFC (contactless) capability so you can accept digital wallets like Apple Pay, while other terminals can take EMV chip cards or EBT cards. You can even find mobile and wireless options that will let you accept payments in various locations.

Turnkey Processing Solutions For Perfect Payment Processing

If you look up Turnkey Processing solutions, you will see many reviews about the company, which is a surprise because there isn’t much about credit card processing. However, if you look up the company, you will find plenty of people giving rave reviews about Turnkey’s honesty, excellent customer service, prompt responses, knowledge, and reasonable pricing. Turnkey Processing is a widely accredited company with the BBB as well. When we last check, it had an A+ rating and 0 complaints lodged with the BBB. If you need Turnkey solutions, but under a more comprehensive payment orchestration layer, please contact us

At Zed, we specialize in creating customized payment orchestration layers for any company that needs them at an affordable rate. So get in touch. If you have any more questions regarding payment processing or Turnkey Processing, then drop them in the comments below or hit us up on our socials, and we will get back to you. And with that being said, that’s about all we have for you today. We will come back with something new for you soon. Until then, see ya!

Originally Posted: https://www.zed.network/what-you-need-to-know-about-turnkey-processing-solutions

Friday, November 5, 2021

Transforming Scope of Finance, IT, and Remittances

Iranian-born Alan Safahi is a start-up founder, advisor, and entrepreneur who has emerged as an immigrant technology mogul in the United States. He is the founder of the ZED Network, a company that runs on contemporary innovation and offers solutions to consumer-based entities. He is also the founder of ZipZap alongside maintaining major roles in companies such as Bold Financial Technologies and Loyal.


Mr. Safahi has launched 6 startups. One of his earlier successful businesses was ZipZap. According to Mr. Alan Safahi, he created ZipZap based on a mission to bring about financial inclusion across consumers around the world. ZipZap was created so that people without transaction instruments like credit cards could successfully engage in e-commerce. Here, customers would be able to take a computer-generated voucher with a barcode that resembled a utility bill that they could take to Walmart, CVS, or any other establishment that facilitates the covering of bills and make payments. ZipZap was one of the platforms that made the purchase of Bitcoin possible in its early days as it could not be purchased with credit cards.

Another his venture, ZED Network is described as a payment orchestration platform focused on cross-border payment acceptance and pay-outs in more than 200 countries. The company’s payment partners are typically institutions such as banks, licensed Money Transfer Operators (MTOs), payment processors, and Foreign Exchange Processors with FX rates that are highly competitive, resulting in customer benefits.

Mr. Safahi has almost 3 decades of hands-on experience in areas such as information technology, telecommunications, and financial services (FinTech). He has served as an advisor to several startup CEOs in the blockchain, payments, loyalty, and transportation industries. He grew up in Iran and his father encouraged him to go to the US and study. 

Alan Safahi is committed to making remittances more affordable and smoother. He is also a firm believer in the viability of Bitcoin. Alan believes that remittance is possibly the best use of Bitcoin. To learn more about Mr. Alan Safahi, you may find him on LinkedIn. You may also visit ZED.network for more information on this innovative platform.

Originally Posted: https://themagazineplus.com/2021/02/08/serial-entrepreneur-alan-safahi-transforming-the-scope-of-finance-it-and-

Tuesday, November 2, 2021

Need To Know About Automation, Banking & Financial Services!

The world of finance is ever-changing, and at the heart of it, technology is driving the changes and changing finance as we know it. Automation has become a major driving factor in how we perceive banking and financial services now. By now, you already know that banking is a subsector of the financial service sector; however, not all banks can strictly be defined as a financial service. 

To fully understand financial services, you will need to know the difference between financial goods and financial services and fully understand the world of finance; you will also need to understand automation in the industry. We here at the Zed Network specialize in providing comprehensive fintech payment solutions with technology at its heart. 


Since we ply our trade in the financial services sector, we know all there is to know about the confusion it can create for people looking for financial services. So we thought we should let you know about the difference between banking and financial services and automation in the financial sector. Our goal is to arm you with the knowledge to understand what to expect when you are taking up any financial good or service. We will start with talking about banking and financial services and then move on to talking about automation and financial technology. So without further ado, let’s begin!

Financial Goods vs. Financial Services

According to the IMF, a financial service can be described as a process by which a consumer or business can acquire financial goods. For example, a payment orchestration layer or system is a financial service that allows a consumer or business to accept and transfer funds from a payer. It includes everything from payments through credit and debit cards, checks, and electronic funds transfers. 

That means you can’t categorize things like mortgages, stocks, bonds, and insurance policies as financial services but as financial goods. The finance sector has a swath of economic entities, from retirement and investment companies, mortgage brokers, and bank. Not all can be considered financial goods providers as many provide financial services with many serving both, and banks are categorized as financial institutions licensed to offer loan products and receive deposits. 

To better understand the difference between financial services and goods, you can look at a financial advisor as an example. A financial advisor is someone who manages assets and offers advice on behalf of a client, but they don’t directly provide investments or any other product. According to  Zed Founder and entrepreneur Alan Safahi, the purpose of a financial advisor is to facilitate the movement of funds between savers and the issuers of securities and other instruments, meaning that it’s a service rather than a financial good. On the other hand, mortgages may seem like a service, but they are considered financial goods. 

The reason it’s regarded as a financial good is that it lasts beyond the initial provision. Like mortgages, things like stocks, bonds, loans, commodity assets, real estate, and insurance policies are all considered financial goods and not financial services. So now that you have a better idea of what financial goods and financial services are let’s talk now talk about banks and banking, in general, to find out whether they are financial goods or financial services.

Are Banks A Financial Service?

Traditional banks are the best of both worlds as you can consider it a financial service and a financial good. It allows you to open a savings account, make wire funds, and/or take out a car loan all from the same bank. As you can see, banks clearly provide financial services and should most definitely be considered as a part of the financial service sector. Even if you look up federal banks, you will see that they fall in the category of the financial services sector. 

Experts from the Department Of Homeland Security have suggested that small community banks and credit unions should be considered a part of the financial services sector. Now, banks don’t make up the entirety of the financial services sector. Institutions like investment agencies and stock market brokers are not banks but are most definitely entities that provide financial services. These financial institutions offer intermediate services and not end goods. You can consider this classification like how economists distinguish between capital goods and consumer goods.

Consider the example of the humble apple. An apple can be both a capital good and a consumer one. When a consumer directly easts an apple, it becomes a consumer good, but if a deli owner uses it to make some sweet apple juice, then it becomes a capital good. So to put it simply, banking is mainly concerned with direct saving and lending, while the financial services sector incorporates investments, insurance, the redistribution of risk, and other financial activities. So when it comes to understanding banking and financial services, the differences are subtle. Banks usually earn their revenue primarily on the difference in the interest rates charged for credit accounts and the rates paid to depositors. 

Whereas financial services mostly earn revenue through fees, commissions, and other methods. So that takes care of the differences between banking and the financial services sector. Hopefully, now you understand the subtle differences between the two. Now that explaining the two things is over let’s talk about the tech. In the following passages, we will talk about automation in banking and financial services that’s changing the industry. So let’s check it out!

Understanding RPA, Intelligent Automation, & Intelligent Data Extraction

hen you hear the word “bot,” your mind usually goes to the factory floor automation you see in a car plant. However, it’s completely different when it comes to banking and financial services, but automation can completely change how you operate and give you an edge over competitors. Automation in banking and financial services serves the same purpose as in other industries. It’s a suite of technology that helps companies complete tasks that employees would do. 

Meaning that the employees are free to focus on much more complex tasks. One of the first automation you should know about is Robotic Process Automation (RPA). RPAs are simple solutions that perform repetitive tasks quickly with minimal input. It’s quick and cost-effective and allows for easy entry into automation for banks and financial service companies. Now at the far end of automation, there is artificial intelligence or autonomous intelligence. 

These are software that can make intelligent decisions while still complying with risk or controls. The middle ground of automation tech is intelligent automation and process orchestration that’s a step above RPAs. Here is the progression of automation you can integrate so that you have a better idea about automation. It starts with Macros & Scripts and ends with Autonomous Intelligence. So let’s check them out:

  1. Macros & Scripts: Simple rules-based automation within one specific piece of software that repeats simple work with highly-structured data.
  2. Robotic Process Automation: It’s a program that is designed to perform labor-intensive, repetitive activities across many types of software by training a bot to replicate a user’s workflow
  3. Process Orchestration: Its software that reengineers existing business processes by using other programs, integrating systems, and restructuring labor to create a more efficient workflow.
  4. Intelligent Automation: It’s a full suite of digital labor tools that combines RPA bots and other cognitive capabilities like AI, Machine Learning, and a host of other solutions.
  5. Autonomous Intelligence: Automated decision-making processes without the need for human intervention while simultaneously complying with control and risk standards.

So now that you know the types of automation in banking and financial services let’s talk about the most popular automation technology for this sector. The tech we are talking about is called intelligent automation. Intelligent automation (IA) is made up of a wide range of technologies to improve the functionality and interaction of automation bots to perform tasks. 

According to Alan, it’s the bread and butter of fintech payment solutions companies as it means orchestrating a collection of automation tools to solve more complex problems. The best part of IA helps institutions automate a wide range of tasks from simple rules-based activities to complex tasks such as data analysis and decision making. Here is what the Intelligence Automation process orchestration can offer businesses:

  • Robotic Process Automation: Programs designed to perform labor-intensive, repetitive activities across many types of software by training a bot to replicate a user’s workflow.
  • Workflow Automation: It’s a manually generated series of automated steps that are created to perform a typically human-performed task.
  • Process Intelligence: It uses data sets to analyze steps in a process or workflow and feeds them into RPA bots to help navigate a task.
  • Intelligent Data Extraction: IDE is an extension of data recognition capabilities of conversational interface technologies, learning from the data given and improving the accuracy of those technologies.
  • Conversational Interfaces: This refers to anything that can “read” data, including natural language processing or generation, language translation, speech to text, or text to speech, and optical character recognition.

Find A Comprehensive Fintech Payment Solution

So there you go, those are some things we thought you should know about automation in the banking and financial services sector. Hopefully, you understand how automation is changing the finance world and that fintech payment solutions redefine how the world looks at finance now. However, we also consider that it may be a bit confusing to understand how it can help you out. We here at Zed work with Fintech companies to provide them with comprehensive fintech payment solutions that enhance the automation process and take care of tasks that free up their time. So if you want to know more about automation in the banking and financial services area, then please contact us

Or you can put your questions in the comments below, and we will get back to you. You can also send in your queries by hitting up on our socials and send in your feedback on how we can improve our services to you, so please send them in. We love to hear from you and hope to look at the insights you will provide us with. And with that being said, that’s about all we have for you today. We will come back with something new about the financial world for you soon. Until then, see ya!

Originally Posted: https://alansafahiorindaca.wordpress.com/2021/10/21/need-to-know-about-automation-banking-financial-services/