Monday, November 28, 2016

Congestion without trading pit is a graph jam

DIGITAL PAYMENT SUCCESS IS A DOUBLE-EDGED BLADEThe findings presented by Paytm founder Vijay Shekhar Sharma are an eye opener for anyone who is interested in digital payments. Unprecedented growth for mobile wallet solutions is a positive sign for what the future may hold for India. That ecosystem, however, can only be sustained if the resources allow it. Expansion is good, but overstretching resources can quickly cripple any business.
In a way, Paytm and the Bitcoin network are not all that different. Both projects provide an alternative way of thinking about money while adding convenience to store and use it. Paytm is far more widely accepted than Bitcoin is, of course, but under the hood they share similar struggles and concerns.

Trading pit enforces closure and  spawns when congestion is overwhelming. 

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