Interviews

Let’s expand cryptocurrency initiatives and the industry by comprehending the different uses of the technology

CXOToday has engaged in an exclusive interview with Mr. Ashwani Kumar, Founder & CEO, HelperWorld.

 

What is helperworld and what are the services that the company renders?

A digitally empowering online crypto community for securing a socially sustainable ecosystem, HelperWorld underpins blockchain technology to solve fund traceability and cross-border payments.

It is a decentralised cryptocurrency that an individual can hold for profit and can be used for trading.

With 200 million registered users, HelperWorld makes it simpler to track real-time funds, eliminating the possibility of digital threats and maintaining holistic security and privacy for its crypto users – via their current project ‘Call For Blessing’ with a donation coin for a cause ‘Helper Coin,’ it has multiple modules like staking, swapping, exchange and banking – garnering a social impact, spread globally, with a digital currency and added-on benefits.

HelperWorld also allows users to execute peer-to-peer transactions without the need for a third party or an intermediary. Due to some of the issues associated with centralised exchanges, decentralised exchanges are preferred by some users.

 

Elaborate on the crypto donation ecosystem and use of helper coins?

Banks or other donation portals charge high transaction fees plus currency conversion charges, sometimes up to 2-3%. But donating on our platform using Helper coin keeps you free from all these kinds of additional charges that create an extra burden on both sender and receiver.

Using the smart contracts functionality, HelperWorld makes it simpler to track real-time funds, eliminating the possibility of digital threats, and maintaining holistic security and privacy for its crypto users.

With the app, donors will be able to trace their donations to ensure that their offerings are only being used for the intended purposes. This will bring more trust to the complete system encouraging more contributions that will benefit the recipients and provide satisfaction to the donors.

Built on top of the Binance Smart Network, the Helper coin is a BEP-20 type token that uses blockchain technology to facilitate transactions between two individuals. It helps you to connect your wallet to buy and donate Helper coins.

The donations will be used to further our mission to protect and restore blue carbon ecosystems. HelperWorld believes blockchain technology has an important role to play in helping to solve major environmental problems such as climate change. To increase our ability to work with a variety of blockchain developers and other entities, we have created wallets to receive and manage our cryptocurrency.

 

How is HelperWorld filling the void in the market segment and do we have competitors in the same space?

Crypto and its technology have revolutionised the system. You may call it a social transformation or new religion; the terminology doesn’t matter, what’s important here is to understand the fact that the Blockchain has created a new start in the pyramid of society. This has given people new hope for working and establishing business ethics which was not present earlier. It has also given hope to revolutionise not only the financial system but many other transformations in multiple niches.

HelperWorld is a decentralised cryptocurrency that an individual can hold for profit and can be used for trading. The limited supply of Helper Coin tokens mounts a great thing for Helper Coin holders. With restricted token flow, the number of users to whom tokens are allocated will gradually rise. Simply put, the self-mining concept will lead the holders toward the benefits incurred with others’ transfers.

 

What is the “Call for Blessing and Helper community”?

CallforBlessing is a family of Christian people separated by distance but connected by emotions. It is the first cryptocurrency-empowered online platform for all your religious needs.

It is an online platform that underpins blockchain technology to solve fund traceability, fraud prevention, and limits on cross-border payments while maintaining security and privacy.

Started in 2017, CallforBlessing was started by Ashwani Kumar with a vision of a one-stop solution for all your religious needs. The initiative aims to bring together people of all ages and backgrounds to take their first step toward a noble cause.

This year, CallforBlessing launched Helper world — the first blockchain-based online platform that allows you to donate to anyone worldwide with just a few taps.

It is a decentralised cryptocurrency that an individual can hold for profit and can be used for trading. It also allows users to execute peer-to-peer transactions without the need for a third party or an intermediary. Due to some of the issues associated with centralised exchanges, decentralised exchanges are preferred by some users.

CallforBlessing is a free app specially designed for those who are eager to provide help for the people of your community through a blockchain-enabled system.

With the app, donors will be able to trace their donations to ensure that their offerings are only being used for the intended purposes. This will bring more trust to the complete system encouraging more contributions that will benefit the recipients and provide satisfaction to the donors.

 

How does helperworld add value to the financial ecosystem?

With the advent of Bitcoin and other cryptocurrencies, many are heralding a new age of digital native money that is meant to transcend the physical boundaries of its predecessor.

Helperworld provides a new avenue for enhancing a host of more traditional Treasury activities, such as: Enabling simple, real-time, and secure money transfers. Helping strengthen control over the capital of the enterprise.

The most promising digital currencies are disrupting the global financial services space because they offer financial freedom to all through decentralisation.

Transactions made through Helper coin are easy and unbiased to any person living in any place in the world because all the transactions are carried out using a single currency and not made by using different currencies from different areas of the world.

Additionally, It helps to overcome the physical barrier of the banks, prevents paperwork, saves time, and most importantly, transactions made using cryptocurrencies are quick and free from any external transaction charges.

 

What size can we expect the crypto market can help the Indian economy in FY23?

The revenue in the Cryptocurrency segment is projected to reach US$34.72bn in 2022. The global cryptocurrency market size is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.2% from 2022 to 2030.

The primary factor driving the market’s growth is the growth of distributed ledger technology and rising digital investments in venture capital. Developing countries have started using digital currency as a financial exchange medium.

Moreover, digital currency is also often utilised with the integration of blockchain technology to attain decentralisation and controlled efficient transactions. Blockchain technology offers decentralised, fast, transparent, secure, and reliable transactions. With these advantages of blockchain and digital currency, companies are investing in cryptocurrency and collaborating with other companies to deliver efficient and quality services to users.

 

Youth can earn from tokens, is it a sustainable scheme?

India’s cryptocurrency craze is minting a new class of investors: the enterprising youths. Simply, the cryptocurrency space has presented an opportunity not just to learn more about the system that has wide applications in the real world but also to achieve financial freedom through it.

A key attraction for young investors is the chance to earn high profits by investing in small amounts. For instance, a Crypto app enables investments into bitcoin with as little as 100-500 rupees. That’s what lured youngsters, who have earned more than a 30% profit so far. His strategy has been to sell bitcoins at a profit and then reinvest those funds in other cryptocurrencies.

But also, every single penny that is funnelled into a token is not expected to come back. It’s a bet they are ready to take. The young age is a cushion since they have “nothing to lose”.

So, I just want to say that all crypto traders need to understand that cryptocurrencies have cycles and it’s a volatile market. For example, the valuation of cryptos can go up to 600-700 percent in a year and come down 90% in a few months depending on the demand and supply. It’s a high-risk investment, so people should only invest what they can afford to keep for the long term, thinking they might even lose everything in play.

 

What does the future hold of the crypto market?

India is the fastest-growing cryptocurrency market in the world. It is the quickest-developing cryptocurrency market in the world. It has developed at a dramatic rate throughout recent years, and its development rate has been quicker than that of some other countries. Experts predict that India will play a major role in the future of cryptocurrency if it forges ahead in this direction.

The fate of cryptocurrency in India is looking brilliant, because of the country’s dynamic community local area and its decision-making government. The Central government is an active player. The Indian government is currently formulating a policy on Web 3.0. To be a huge player in the world wide Web 3 economy, it should take part in worldwide strategy improvement and adjust its strategies to this quick world. Up to that point, Indian web3 startups should battle with a generally safe administrative climate.

Indian tech’s ability is ready to worldwide assume a significant part in the development of this industry. The Indian tech area has been encountering remarkable development over the last 10 years, and it keeps on drawing in top abilities from around the world.

Also, Indian engineers are very much familiar with both conventional programming advancement and arising innovations, for example, blockchain, AI, IoT, and VR/AR. With additional training and experience through openness to these new advancements, they will be very much positioned to possess vital jobs in the thriving web3 economy around the world.

 

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