Financial problems of Polish companies caused by coronavirus can stop or at least seriously change their investment plans. Those companies in Poland that will have funds for investments will plan them differently.Continue Reading..
Tag: International business
28
Mar
Mar
Consumers are more likely to pay attention to the origin of products and are more likely to choose national ones. In this way, they want to help Polish companies and support the economy. This tendency is also due to the belief in greater security of domestic articles.Continue Reading..
12
Mar
Mar
At the end of 2018, the value of Polish direct investments abroad amounted to PLN 92.5 billion. Poland ranks third among the countries of Central and Eastern Europe. The Czechs and Hungarians invest more.Continue Reading..
08
Mar
Mar
The risk of poverty and social marginalization of foreigners from outside the European Union is the lowest in Poland among the countries of the community.Continue Reading..
29
Feb
Feb
Coronavirus is becoming more widespread and has a negative impact on global markets. If the current collapse of the Chinese economy continues, this will affect the supply chain and many Polish companies will find themselves in a very difficult position.Continue Reading..
28
Jan
Jan
Until January 23, 2020, the National Tax Administration blocked 648 bank accounts, on which it secured PLN 86 million. But this is not the only effect of the operation of the Polish Stir teleinformatic system.Continue Reading..
28
Nov
Nov
Over a thousand people are expected to find employment in the Logistics Center E-Commerce, which Amazon plans to open in Gliwice. It will be the eighth such Amazon center in Poland, the largest in terms of area. Recruitment of employees has already begun.Continue Reading..
29
Oct
Oct
In the first half of 2019, over 35,000 were spent. work permit for offices of Asian countries. Up to 42 percent more than in the same period of the previous year – finish with the data of the Ministry of Family, Labor and Social Policy. In the first summaries of the year, the highest number of hits allowed by Nepalese (6.3 thousand), followed by Indians (4.3 thousand) and Bangladeshi (4.1 thousand).Continue Reading..
16
Jul
Jul
Bitcoin is a form of digital currency, created and stored electronically. Established in 2009, by its creator Mr. Satoshi Nakamoto. It was the first virtual payment method of this type in the world. Thanks to several important features, it is one of the largest financial innovations of recent years.
At the moment, due to the lack of bank intermediation in funds transfer, bitcoin is considered by many investors as a cheaper alternative, especially for larger amounts.
Two other important features of cryptocurrencies payment system are definetely security and anonymity. Information on transactions carried out using bitcoin is encrypted using a technology called “blockchain”. At the moment, its mode of operation and continuous verification seems to be virtually unbreakable. Creating an account in this cryptocurrency has no formal conditions and the accounts are anonymous. The only thing the user receives to the invoice is a 54-character login and password.
A huge advantages of this payment method are also the speed and ease in making the transfers online. In the process of transferring funds, the distance to the place where we send the money does not matter and the transaction is carried out without intermediaries. Bitcoin transfers have no restrictions in the form of weekdays or holidays, we can send funds 24 hours a day, 7 days a week. Transactions are approved almost every 10 minutes.
In comparison to traditional banks that have a centralized database system, information about the status of bitcoin accounts is simultaneously found in many places on earth in the same form. That makes it definetely more secure.
These factors as much as the fact that according to the assumptions, a limited amount of 21,000,000 bitcoins will be created by 2140 have largely influenced the popularity of bitcoin, which is reflected in its market value. At present, approximately 16,500,000 bitcoins have already been circulated, and the pace at which others will hit the market will slow down.
10
Jul 
Jul
Bitcoin is a form of digital currency, created and stored electronically. Established in 2009, by its creator Mr. Satoshi Nakamoto. It was the first virtual payment method of this type in the world. Unlike traditional, physical currencies like euros or dollars, Bitcoin is not printed – it has no physical form. Instead, bitcoin is created by computer scientists around the world, using programs that solve mathematical problems.
Bitcoin becomes very popular exchange medium that we can pay for more and more products and services. Day by day we can hear that more institutions, stores and other companies are starting to accept bitcoin. It is also a currency that has no physical form and can be sent immediately to anywhere on earth. This has a lot of advantages compared to e.g. international bank transfers, where money has to go through several banks along the way, and thus be saved on several subsequent virtual account books. Β
Banks are another significant difference between cryptocurrencies and physical cash. The central bank’s mission is to stabilize its own currency. It can increase the money supply, which we call ‘reprinting’ to cover government debts, thereby devaluing the currency. However, in the case of digital currency, there is no such thing as Bitcoin Bank that would also be its regulator. This is due to the fact that Bitcoin is a bank in its own right. The independent accounting book contains information about the ownership status of all users and the history of transactions between them. To open an account with cryptocurrency, just download the special application and generate a login and password. Each user’s account is completely anonymous and has no formal requirements.
Here the meaning of the term “crypto” is revealed to us, because the above-mentioned information is just encrypted inside bitcoin. The way encryption is done is a revolution in the field of information technology – it is called “Blockchain”.