Money Exchange Research Articles

The Effects of Financial Risk Management on Financial Performance of Money Exchange Dealers Case Study: Xxchange Dealers of Kefayat Market in Balkh Province

The Effects of Financial Risk Management on Financial Performance of Money Exchange Dealers Case Study: Xxchange Dealers of Kefayat Market in Balkh Province

A Reliable and Secure Crowdfunding Platform Using Decentralized Blockchain

Crowdfunding is a significant avenue for raising funds over the Internet to bring ideas into reality without relying on traditional funding sources. However, conventional centralized crowdfunding systems suffer from issues such as trustworthiness and transparency. In other words, it is necessary to ensure the reliability of information regarding project details, progress, and money exchanges, and to store this information in a form that cannot be altered. To ensure that the quality of projects is not degraded due to these causes and resolve the existing limitations, we propose a decentralized crowdfunding system using blockchain technology with two major contributions: "Decentralized Voting", and the "Decentralized Evaluating" methods. The Decentralized Voting Method aims to solve a particular platform's biased review by voting on the project's prospects and credibility. The Decentralized Evaluating Method aims to ensure project quality by exploiting the transparency of the invested projects. In this proposed blockchain-based solution, we used React and TypeScript for the front end and Rust-empowered Substrate at the backend. By using these methods, we verify through simulation that the implemented system works as proposed. This study identifies problems in crowdfunding and their causes, and then proposes a system that uses the two methods described above. The proposed system is expected to be a reliable distributed crowdfunding system.

Assessing the solvency of virtual asset service providers: are current standards sufficient?

ABSTRACT Centralized cryptocurrency exchanges, which manage annual trading volumes on the scale of trillions of US dollars worldwide, are classified as virtual asset service providers (VASPs). They facilitate the exchange, custody, and transfer of cryptoassets organized in wallets across distributed ledger technologies (DLTs). As any corporation, VASPs can become insolvent. Despite the public availability of DLT transactions, their cryptoasset holdings are not yet subject to systematic auditing procedures. In this paper, we propose an approach to assess the solvency of a VASP by cross-referencing data from three distinct sources: cryptoasset wallets, balance sheets, and supervisory entity data. We investigate 24 VASPs registered with the Financial Market Authority in Austria. Regulatory data insights show that their yearly incoming and outgoing transaction volume amounts to 2 billion EUR for 1.8 million customers; the financial services they provide position them closer to brokers, money exchanges, and funds, rather than banks. Next, we empirically measure DLT transaction flows of four VASPs and compare their cryptoasset holdings to balance sheet entries. Data are only partially consistent; this enables us to identify gaps in the data collection and propose strategies to address them, towards achieving a more systematic, reliable, and automated assessment of VASPs solvency.

PENGARUH KARAKTERISTIK UMKM TERHADAP KUALITAS LAPORAN KEUANGAN DENGAN SELF EFFICACY SEBAGAI PEMODERASI

This study aims to understand the factors that affect the quality of loan proceeds for students who use self-efficacy as a moderating model. The data collection technique uses a quantitative survey method that is derived from providing a silent and timely questionnaire to 117 respondents who are students at UMKM Nasabah BTPN Syariah, with the results being analyzed using a Likert scale. Based on data analysis using the regression analysis technique with interaction, alat uji PROCESS SPSS 27. It appears that the trade owner's discernment, the employees' recognition, and the business's life span positively affect the quality of the SAK EMKM credit portfolio. Then again, accounting information negatively affects the quality of SAK EMKM's money exchanges. The relationship between the owner's, operator's, and long-term commerce recognitions and the quality of the business's budgetary portfolio is not influenced by self-efficacy. Self-efficacy adjusts the relationship between mindfulness and mindfulness.

Discovering the Relation between Stock Prices and Exchange Rates

This paper tries to examine the relation between the USD/INR exchange rate and NSE Nifty50 in India. Further this paper attempts to draw possible theoretical explanations explaining the relation between the two. It is a well known fact that the dollar price or money exchange rate has a great influence on NSE, therefore; this research identifies the level of influence of exchange rate on Nifty50. For establishing the relationship, Regression Analysis has been implemented using excel. The results suggest that the Exchange Rate significantly affects the performance of Nifty50.

The Role of Inclusive Quality Management in Improving Competitive Capabilities: A Field Study on Money Exchange Companies in the Republic of Yemen

هدفت الدراسة إلى بيان دور إدارة الجودة الشاملة بأبعادها: (التركيز على العميل، التحسين المستمر، التدريب، دعم الإدارة العليا، التدريب)، في تحسين القدرات التنافسية بأبعادها: (الريادة في تخفيض التكاليف، التركيز على الإبداع والابتكار، تقديم خدمات متميزة، التسليم في الوقت المحدد) في شبكات الصرافة في الجمهورية اليمنية، واستخدمت الدراسة المنهج الوصفي التحليلي، شملت عينة الدراسة (167) مفردة، وكان مجتمع الدراسة (363) مفردة. واستخدمت الاستبانة كأداة للدراسة. وأظهرت نتائج الدراسة أن: مستوى إدارة الجودة الشاملة والقدرات التنافسية في شبكات الصرافة اليمنية كان عاليًا. وكشفت النتائج وجود علاقة إيجابية ومهمة إحصائيًا بين ممارسة إدارة الجودة الشاملة والقدرات التنافسية لقادة وموظفي شبكات الصرافة المدروسة. وقدمت الدراسة مجموعة من التوصيات أهمها: يجب على شبكات الصرافة الاهتمام الكبير بالبرامج الخاصة بتثقيف الموظفين بخصوص نشر ثقافة الجودة الشاملة، وعقد ورش العمل وندوات؛ لفهم كيفية تطبيق إدارة الجودة الشاملة. كما ينبغي على إدارة شبكات الصرافة إنشاء وحدة خاصة بالتطوير؛ لتنمية برامجها وخدماتها بناءً على معايير الجودة، وكذلك الاهتمام بتقييم رضا العملاء؛ لأهميته في تحسين الخدمات وتطويرها.

Experience of Violence and Health Issues among Female Sex Workers in Kathmandu

Any sex work involving the exchange of money or goods/gifts (i.e. commercial sexual activity) and prostitution in all forms and names are illegal in Nepal. Many issues and violence have been documented as a result of sexual labor in such areas, mainly against female sexual workers (FSWs). This study aimed to explore the lived experiences of violence and the related health issues among FSWs in Kathmandu. A descriptive phenomenological research design was followed where the participants provided their informational experience about violence. The nature of the information was qualitative and subjective, and based on the interpretivism paradigm. The study reveals that verbal aggressions, physical violence, sexual harassment, assault, and other forms of violence are the primary experiences faced by FSWs, along with health issues like STIs, Hepatitis, vaginal infections, backaches, stress, depression, and chronic fatigue. Lived experiences illustrate the opportunities and skills for earning a living via work that could be planned and executed at the federal, provincial, and local levels of government. Similarly, if someone wants to alter their employment or sex trade, rehabilitation is required. It is critical to put in place certain focused measures and policies to safeguard the safety, self-esteem, and financial stability of FSWs.

Analisis Konsep Bank Sentral Dalam Penerbitan Uang Baru Untuk Mencegah Pemalsuan Uang Pada Jasa Penukaran Uang Pinggir Jalan di Saat Hari Raya

Money changers are also increasingly developing not only in banks as official exchange places. On the eve of the holidays, some traders sell money on the side of the road. There is a phenomenon where money becomes something that is traded in the form of money exchange that often occurs before the holidays. This research uses a qualitative method. By using a qualitative approach, researchers can focus on attention and also natural events that occur. This research examines how the concept of central bank concept analysis in the issuance of new money to prevent counterfeiting of money on roadside money exchange services during the holidays. The conclusion is that transactions that always occur before the holidays with money exchange are considered violating the law because they do not comply with the standards of exchange transactions, which should always have goods traded rather than money.

Rising Problems of Money Laundering in Cyber Plat Form

Now a days, business is getting globalized. E-commerce is a very essential things in online trading platform. Without money business is not possible. Everything has a positive and negative site. Excessive money exchange attracts criminals. Crimes can be committed in cyber platform very efficiently without any evidence and traces. After Covid-19, committing financial fraud has increased. Criminals’ detection becomes very difficult. It becomes very difficult in international aspect. This cyber fraud spreads in many countries though online. Several conferences are taken places. Various treaties are implemented in these regards. Still the problem remains unresolved. Sufficient domestic laws are in enforced to prevent this crime. How laws are applied and dealt to prevent and detect the cyber criminals and crimes are discussed to bring certainty.

Evaluating the impact of Zanjan city’s economic drivers on the quality of life in peri-urban villages: a case study of Do Asb and Payin Kouh villages

The interplay between urban centers and peri-urban villages plays a pivotal role in rural development, particularly in the economic dimension. Analyzing these relationships and their influence on the progress and prosperity of peri-urban villages, coupled with capacity building, empowerment, and the integration of urban-rural management, is essential to reduce disparities and promote spatial justice, aligning with the sustainable development of rural areas. This study aims to assess the effects of Zanjan city's economic drivers on the livability quality of Do Asb and Payin Kouh, two peri-urban villages situated in Zanjan city. Employing a descriptive-analytical and practical approach, the study's statistical population comprises the aforementioned villages in Zanjan city. A sample of 219 households was selected from among the sample population based on Cochran's formula. Data collection involved both library research and fieldwork, including the use of questionnaires. Descriptive and inferential statistics (multivariate regression) were employed for data analysis, along with descriptive statistics (averages) and geographic information systems to analyze land use changes. The research findings unveiled a robust correlation (0.87) between the quality of life in peri-urban villages and the economic drivers of Zanjan city. This indicates a significant and positive relationship between Zanjan city's economic drivers (independent variable) and the quality of life in peri-urban villages (dependent variable). Among the examined variables, communication flow for purchases, with a coefficient of 0.28, contributed most to the variance analysis of the quality of life in peri-urban villages. In contrast, the investment flow of urban residents in village economic activities and the flow of money exchange had relatively lower coefficients of 0.13 and 0.14, respectively. Thus, the research underscores the considerable impact of Zanjan's economic drivers on enhancing the quality of life in peri-urban villages and highlights the pivotal role of rural-urban links in fostering sustainable rural development.

Uniform propagation of chaos for a dollar exchange econophysics model

Abstract We study the poor-biased model for money exchange introduced in Cao & Motsch ((2023) Kinet. Relat. Models 16(5), 764–794.): agents are being randomly picked at a rate proportional to their current wealth, and then the selected agent gives a dollar to another agent picked uniformly at random. Simulations of a stochastic system of finitely many agents as well as a rigorous analysis carried out in Cao & Motsch ((2023) Kinet. Relat. Models 16(5), 764–794.), Lanchier ((2017) J. Stat. Phys. 167(1), 160–172.) suggest that, when both the number of agents and time become large enough, the distribution of money among the agents converges to a Poisson distribution. In this manuscript, we establish a uniform-in-time propagation of chaos result as the number of agents goes to infinity, which justifies the validity of the mean-field deterministic infinite system of ordinary differential equations as an approximation of the underlying stochastic agent-based dynamics.

Conceptualization of system management of e-commerce enterprises

The modern information stage of business development is characterized by digitalization of all processes, primarily commodity and money exchange. This reinforces the trend of dynamic growth in the number of electronic commerce (EC) enterprises, which is naturally accom­panied by an increase in the volume of turnover, intensifying market competition between manu­facturers, sup­pliers and sellers, expansion and improvement of product offers, implement­tation of artificial intelligence technologies in these processes. There is an objective need for a flexible and adaptive response of the corporate management of EC enterprises to permanent market changes in order to strengthen their own competitive advantages, as well as to develop a theoretical model of effective system manage­ment of an enterprise operating in such conditions. Such a model should be based on fundamentally new approaches to the system management of EC enterprises. Ukraine’s par­tici­pation in the formation of the global information society requires the development of the domestic EC segment, which involves the improvement of business processes in produc­tion and trade, the expansion of sales channels, the transformation of the labor market and the human capital mana­gement system. Such a necessity is intensified against the background of Russia’s war against Ukraine. Despite the economic crisis caused by the war, the improve­ment of management approaches by EC enterprises should increase the efficiency of their business processes and lead to an increase in the competitiveness of the domestic economy. The aim of the article is to develop the conceptual foundations of system management of e-commerce enterprises. Based on the methods of scientific analysis and synthesis, the essence of e-commerce, e-commerce enterprise is determined and the classic McKensey 7S mo­del is developed in the case of system manage­ment of an e-commerce enterprise. Internal and external determinants of system management of EC enterprises are highlighted. The develop­ment of the classic McKensey 7S model and the analysis of the system management determinants of EC enterprises made it possible to concept­tualize it and reveal the need for a scientific rethinking of management approa­ches at the level of domestic enterprises. This will contri­bute to the leveling of barriers to the effective introduction of new management approaches into management practice.

Expansion of Cashless Transaction in Daily Life: A Case Study in Birbhum District of West Bengal

Cashless transactions refer to the exchange of money through electronic means, rather than using physical currency or traditional paper-based methods. It has become increasingly popular due to technological advancements, convenience, and the widespread use of the internet and mobile devices. Several forms of digital transactions exist, such as online banking, mobile banking, UPI, POS etc. The various types of activities performed by common citizens through cashless transactions in daily life. In rural India, different kinds of challenges exist to the adoption of digital transaction like digital literacy, internet connectivity. With the help of a linear regression analysis, it has been observed that demographic and technological factors play important role in spreading cashless transaction in everyday life.

Destruction Democracy Through Determinants of Vote Buying in General Elections in Indonesia

Vote buying is a corrupt practice that undermines the integrity of democratic elections. This involves the exchange of money, goods, or services for votes, which may result in the election of candidates who are unqualified or do not represent the interests of the people. In analyzing the destruction of democracy, political culture, morals and political ethics through the factors that determine the occurrence of vote buying and selling in elections in Indonesia, this article uses a literature study method with a qualitative descriptive research type. Through analysis, Rational Choice Theory will dissect and examine the destruction of democracy, political culture, morals and political ethics through the factors that determine the occurrence of vote buying and selling in elections in Indonesia. this research concludes (1) The practice of buying and selling votes in elections in Indonesia has become a serious problem in democratic development. This happens because of the desire to win the election by any means, including by giving money or goods to voters to vote for a particular candidate. (2) A political culture imbued with repeated acts of buying and selling votes makes these illegal interactions common. The main goal is to make a large number of voters understand the act of voting with certain benefits as an opportunity for charitable people. (3) On the one hand, it can increase political participation for incentive recipients. On the other hand, this can damage trust and reduce participation by parties who view it as a corrupt practice that undermines morals and political ethics.

История экономической мысли глазами структуралиста (Часть 2. Маршалл, «реориентация теории ценности» и аутсайдеры)

The article represents the second part of structuralist notes on the history of economic thought. The first part dealt with the classical school, and now the emphasis is on the history of marginalists and neoclassicism. It also characterizes outsider economists who believe that the development of science has gone the wrong way, ignoring unproductive economic activities and growth blocking mechanisms. The most significant discoveries pushed to the fringes of the mainstream by authoritative discourse are the variants of unequal exchange and different purchasing value of money considered by Chamberlin and Robinson, as well as the lack of a homogeneous relationship between costs, utility, and price, implicitly present in the works of Schumpeter. With regard to consumer goods and services, the absence of such existence a homogeneous relationship was discovered by Veblen, although it is still considered an exception. However, fund-saving scientific and technological progress makes it a rule to replace machines with new machines that are superior to the old ones both in quality and in price. More productive machines and technologies are also cheaper per unit of useful effect. The history of thought legitimizes many provisions of the modern mainstream, which are particular «marginal» cases. Considering the consequences of the crisis of 2008–2009, one should expect further fragmentation of the history of thought and the loss of its function of legitimizing the directions of modern theory.

Impact Analysis Of Monetary And Fiscal Policies On Indonesia’s Economic Growth

After the Covid-19 pandemic, the world faced economic challenges stagflation, namely high inflation and declining economic growth. To overcome this, the Government made arrangements through monetary and fiscal policies. This study analyses the effect of monetary and fiscal policies on Indonesia's economic growth. This research has eight obtained monetary, fiscal and other macro-economic variables, a novelty compared to the previous researcher. Based on the impulse response analysis in the Vector Error Correction Model, the highest impacted variables to maintain economic growth were the growth of income tax and capital market index, and to negatively impact were exchange money and government expenditure. Over an extended period, it shows that the increase in inflation, money exchange, number of broad-money, interest rate, and government expenditure will impact the decrease of economic growth. In contrast, the increase in government income from tax and capital market indexes will impact the increase in economic growth.

Intergenerational solidarity in a developing welfare state: The case of South Korea

AbstractWith our analysis of the Korean society we intend to make an innovative contribution to research on intergenerational solidarity by examining how the introduction of welfare policies has changed patterns of intergenerational solidarity. Using aggregated data from the Korean Longitudinal Study of Aging, the Korean General Social Survey, and the Korean Social Survey, we examine the changing character of intergenerational solidarity by focusing on national trends in both societal practice and intergenerational norms from 2002 to 2018. Our findings show that patterns of Korean intergenerational solidarity have modified in various respects. The normative dimension of the familial/filial contract has profoundly changed along with the developing welfare state, shifting from a dominantly filial piety‐centric character to more complementarity contract‐based norms in which children, welfare state and society are all assigned responsibility for the well‐being of parents. Intergenerational “functional” solidarity, however, in terms of the exchange of money and practical support has not de‐filialized.

ROLE OF THE TOURISM SECTOR IN CARVING OUT A BETTER INDIA

By 2047, India will complete 100 years after its independence. By then, the people of India unitedly dream that India will become a developed country by all means. International rating agencies predicted that India will become the third biggest economy (GDP-wise) in the world by 2030. Although growth has slowed down due to COVID-19, data shows that most sectors are currently in revival and on a booming path. Tourism is one of the vital sectors that significantly contribute to the growth of India by providing jobs and revenue including accumulation of foreign exchange money. Kerala, popularly known as Gods own country, a southern state, with heavy potential in tourism, has a huge role to play in making the dream that India as a Viswa guru, a reality. This study aims to explore the current and future potential of the tourism sector in India and Kerala and to what extent it is capable of propelling the dreams of India to become a nation with an 8.5 trillion Dollar GDP by 2030. It is found that if we can timely resolve all the drawbacks with proper planning and execution, the Tourism sector in India can achieve its goal before the targeted time, which will help the dream of crores of poor and oppressed people to come true, that India will become a developed nation. It is suggested that intense research and development work and the adoption of the best possible technology along with the right marketing campaign help us to accelerate the pace of development and accomplish the target within the minimum possible time. KEYWORDS: Vision 2047, role of Indian Tourism, Kerala Tourism, Developed nation, Growth.

Cost sharing in passenger transport models: specification, implementation, and impacts

A common practice in many transport models is to allocate all costs to the car driver meaning that car passengers are essentially free riders. This specification provides an easy way of integrating drivers and passengers and fits well with the general understanding that car drivers rarely trade passenger seats for money. However, in this paper, we question this premise and argue that cost sharing can, and most likely will, take place in a variety of forms different from simple out-off-pocket money exchange. We also stress that from a modelling perspective, this issue is far from irrelevant as it influences not only demand elasticities but also the modelling of car occupancy rates which is one of the key variables when considering congestion, climate impacts, and network utilisation. In the paper we discuss the mechanisms by which costs are shared, consider how this can be operationalised in transport models, and finally, consider the consequences of cost sharing from a transport policy perspective. Based on empirical evidence from Denmark, we find that for trip purposes with high occupancy rates, cost elasticities and occupancy rates tend to be biased if cost sharing is not properly accounted for.

Денежная реформа 1997–1998 гг. в ретроспективе

The article contains a review of the scientific literature, which revealed significant discrepancies between researchers and an abundance of extreme judgments in the assessments of the Russian monetary reform of 1997-1998. Some consider the denomination carried out at a high level to be an effective measure by which, without causing damage to the population, it was possible to restore relative order in monetary circulation, consolidate successes in the fight against inflation, increase confidence in the ruble and strengthen its exchange rate. From their point of view, only because of the default and its extremely severe consequences, the fruits of this reform were largely lost. However, other authors consider the exchange of money as a monetarist and ill-conceived action taken at an obviously inopportune moment, as a futile attempt by the authorities to prevent or delay the impending financial collapse, and even point to its confiscatory nature by analogy with the previous reforms of 1991 and 1993. In their opinion, the denomination not only failed to achieve the goals set by its initiators, but also further aggravated the economic crisis and the disorder of monetary circulation.