Interesting facts about five trending talks of the world
Let’s get into detail
The world's biggest bank with no actual cash
The realm of cryptocurrency is experiencing the massive growth every new day. Though financial variations are common something that was virtually worthless before nine years are now worth $12000 (nearly 1000000/Bitcoin).
Bitcoin was first used to buy Pizza at $25 as equal to 10000 bitcoins during that time.
It is the first ever cryptocurrency, created by an anonymous group of developers Called Satoshi Nakamoto. However, the identity of Satoshi is still a mystery and lot of research is still in process to define.
The world’s largest taxi company, owns no vehicles
Uber is often used as the synonymous with taxi cabs for passengers and referral service for drivers. Uber is not a taxi provider; somewhat it depends on smartphone technology whose presence across 377 countries of the world has to streamline travel process.
All you need to do is just install an app on your phone, associate your credit card and contact Uber through App as and when you need the service. Uber will notify the possible time you required to wait, and at last, you need not cash out the fee. Just wave thank you.
The world’s most famous media owner, creates no content
Technology is gradually replacing every aspect of our daily life, just like Bitcoin replaces bank saving account, Facebook is replacing the communication system.
Wait! Not just communication but all the possible outlets out there including news feed, business advertisement and effective ways to reach a mobile-based audience.
Moreover, Facebook’s November 2017’s report hits 47 percent growth in revenue to about $17.4billion during the first half of 2017.
The world’s valuable retailer has no inventory
Alibaba attempts to disregard the hazards of traffic, the smog, and the crowd by presenting itself as the most significant retailer in China. Jack Ma, the founder of Alibaba, has transformed the definition of shopping by bestowing everything online.
This Juggernaut, Alibaba is not selling anything itself, the platform connects merely merchants with users on a large-scale level. There is no stock thus no inventory instead advertising and transaction placement is the source of profit Alibaba marketplace.
The world’s largest accommodation provider, owns no real estate
The meaning of online rental has got defined with initiation of Airbnb real estate service. Akin to Alibaba, Airbnb hosts rental and leasing property on its platform which enables potential travelers to pick a feature from the list as per their preference.
It also provides review option on each property which accommodates guests and hosts to review the properties. Aside from hotel stay, Airbnb offers flat and room bookings at an economical rate.
Image source: https://me.me/i/bitcoin-the-worlds-biggest-bank-with-no-actual-cash-the-19696119
India’s most prolific entrepreneurship conference TechSparks is back! With it comes an opportunity for early-stage startups to scale and succeed. Apply for Tech30 and get a chance to get funding of up to Rs 50 lakh and pitch to top investors live online.