What are Exchange Rates? An exchange rate is the relative ratio that one can exchange a unit of one currency for a unit of another currency. For example, the USD/CAD exchange rate is the quoted rate of exchanging one US Dollar for one Canadian Dollar. This ratio is determined by market forces that look at…
A rising focus on corporate Environmental, Social, and Governance (ESG) performance is rapidly changing the regulatory environment and associated stakeholder expectations for businesses around the world. Investors, analysts, directors, and management teams alike are seeing the need to apply an ESG lens to virtually every decision-making process — from where to deploy capital and who…
Can Anyone Build Their Own Cryptocurrency? In a short answer, yes—cryptocurrencies can be created by anyone with technical computer programming knowledge. How Can You Start Your Own Cryptocurrency? There are three main ways to start your own cryptocurrency: 1. Create your own blockchain and native coin Creating your own blockchain is the most complicated method…
What are Block Rewards? Block rewards are cryptocurrencies that are paid out to users, or pools of users, in exchange for these users maintaining the cryptocurrencies blockchain network by determining which new blocks are valid and adding them to the blockchain. These rewards can consist of new cryptocurrency coins or tokens, as well as transaction…
What are Cryptocurrency Inflation and Deflation? Cryptocurrency inflation and deflation refer to how the overall purchasing power of a specific cryptocurrency changes over time. Inflationary cryptocurrencies have declining purchasing power over time due to increases in supply; deflationary cryptocurrencies increase in intrinsic value over time as total supply remains constant or decreases. Understanding inflation/deflation for…
What is a Hash Function? A hash function is a mathematical function or algorithm that simply takes a variable number of characters (called a ”message”) and converts it into a string with a fixed number of characters (called a hash value or simply, a hash). The act of hashing is, therefore, running an input into…
For businesses and individuals alike, the role of finance and its career paths are evolving. But what does this mean for finance professionals and the organizations hiring them? What does it take to move ahead and stay competitive in a time of digital transformation? Join Fred Swaniker, Founder and CEO at ALX and The ROOM,…
What is Ripple? Today, Ripple is one of the largest cryptocurrency platforms by market capitalization. However, Ripple Labs, the company behind Ripple and its native cryptocurrency token XRP, had been around since 2012 and was one of the earliest pioneers in the blockchain space, only behind Bitcoin and even before the Ethereum network. The network…
What is Tether? Tether Holdings Limited (Tether) is a blockchain company that was founded in 2014 and is most well-known for its USD₮ token. This token is designed to maintain a peg of USD1 each, with Tether maintaining USD1 worth of reserve assets for each USD₮ token issued. This token is one of the first…
Interested in developing your financial modeling and valuation skills? Looking for guidance on the many career paths an FMVA certification can put you on? In search of practical advice on getting ahead from FMVA professionals who’ve done so? Or just wondering what exactly the value of financial modeling skills is—and how do they fit into…
