And my subscription charges are …

Subscription Model for subscribers There can be various types of subscription models based on intellectual assets. Some of them are- Free Subscription Model– Everything is free in this subscription. No charges are levied. Freemium Model– Only basic charges are done, and higher pricing is kept for premium assets. Pay-as-you-go Model– The subscriber pays in the run, for selective assets. Secured Model– Certain time sensitive and data sensitive intellectual assets can be a secured model. Such assets can be of digital value. Premium Model– The charges are on the higher side, with a higher subscription fee. Pay-Block Model– An initial payment…

How to tame the dragon?

Prisoner’s Dilemma applied to the subscription of JIO  Let us take this imaginary case. Let us consider an adult who needs medical attention. When the adult has elevated blood pressure and elevated cholesterol due to obesity, and the patient visits a doctor, the doctor has two choices. How can the prisoner’s dilemma be applied to the medical consultation? The doctor diagnoses obesity as a big factor. The patient takes medicine for a few days and suffers from a sudden vomiting from the medicine. He revisits the doctor, and requests for a change of medicine. The doctor realizes the importance of…

The Boolean behind the Boolean

Algorithmic Training Let us assume that a stock is trading at 232.74 INR in the SENSEX. What could be various parameters that can cause a stock sell? Let us have a look at this Boolean logic. IF Share Volume Trading > 5,000 IF Share Volume Trading < 10,000,000 IF Share Price Increase > 1 % of Early Start Price IF Share Price Increase < 3 % of Early Start Price IF Minimum Fluctuation of Price > 0.1 % of Early Start Price IF Maximum Fluctuation of Price < 2 % of Early Start Price IF Industry Index of Clubbed Stocks…

0% interest

For Sharia Banking System In Sharia Law, money is supposed to be intrinsic, and no interest charges are supposed to be levied on money lending. This can form a separate law on Islamic Banking System. The Islamic Bank can form a bridge between government, company and lenders in a 3-1 tier system, where a zero percent financing is levied on every customers. In Sharia Law in Islamic Banking, interest against principal is not charged. EMIs, Loans levy zero charges. Charges can be levied on the time-line of moratorium period. Pre-Payment will fetch a time-line before the payment, which can be…

Poetry, Poetry everywhere, but not a line to read

What are the basic parameters of a literary value of a poem? Poems are of various types and formats. The basic structure consists of metre, length, rhyme, lines and syllables. Metre- Quantitative metre is based on syllable weight rather than stress, while qualitative metres are coming at stresses syllables coming at regular intervals. In many classical poetic traditions, the metre of the verse can be described as a sequence of feet. If the line has only one foot, it is called monometer. A dimeter can have two stresses- unstressed and stressed. In classical Sanskrit, the syllabic verse depends on the…

The Raj of the Panchayat or the Panchayati Raj?

Panchayat System in India Panchayat System in India is deeply ingrained in the Indian system. Since time memorial, the Panchayat Raj have been a front runner of economic development at block and district levels. Here is some food for thought for a change- Is it mandatory to have a five year tenure at block and district level? Can three years of service be pegged for panchayats? Is reservation necessary at the block level for the Panchayat Raj? If 30% of any block is from the reserved category, then is it possible that only 30% is reserved for the reserved group…

Of young Turks and their right brain syndrome

Right to intellectual property- Can it be a fundamental right? If every school in and around any metro city had a special class where various ideas were discussed regarding issues and concepts of technology, finance, literature, arts, drama et al, and their ideas were patented and discussed in the class, then the indentation of intellectual property and patenting would have created a special cell in school where various thoughts would have formed. The children at a very young age would have free-flown ideas and discussed them. Fine arts, performing arts, liberal arts with music and drama would have been an…

The AI Engine

Self –Replicating Algorithm The AI engine is very different from a normal, heuristic and self-replicating algorithm. It takes inputs from the audio, video, visual, speech, hearing, electrical impulses and replicates for patterns. Key word density is a factor for search. One keyword is given for an entry in the AI engine. It collects and draws patterns from the system and meta-tags them. With a single key word search, the order of preference of indexing is meta-tagged and stored in contiguous indexed searches, with the preference being given to the best search that matches every parameter. The system self replicates every…

Digital Marketing Campaign in Facebook

The chain in chains This is a different opportunity in making Facebook authentic in viral marketing. Suppose you tag a person, and start a digital campaign by donating USD 1,000 to a number of persons you want to tag. The person keeps a 5-95% cut, and allows further tagging for his friends in Facebook. The rest of the amount is equally divided in the tagging of the rest of the tags. Let us say, that a person Amar tags 4 friends for his digital campaign, while he starts his campaign with USD 10, with an 80% cut-off. Then, USD 8…

How to arrest inflation measures

Inflation Control and De-control  To measure the control of inflation, the consumption patterns of any country or province needs to be marked. Inflation in raw terms means a state when the liquidity is in excess of goods meant to be purchased for basic necessary items- meaning, any price rise is dictated by excess money circulating in the market, leading to a sudden price rise. This calls for corrective actions to measure and control inflation. A few concepts have been used by the central bank of any country to control inflation. The basic idea is to invest the excess liquidity and…

To measure inflation measures

Is this a new definition of inflation Imagine the movement of goods, and the basic items needed for an average household. Let us assume that the bench mark of household cost affecting commodity price rise is within a range. For example, let us mark a group of the household expenses as 3,000 INR to 5,000 INR per week. Then, for that sample of households, we can declare the necessary basic items required for daily activities- cooking oil, gas, vegetables, medicines, household items and so on with a specific weight. The price increase of this household items can be clubbed together…

Grading patterns

Different grading patterns in the world The grading pattern can be based on frequency distribution of grades, with a cut-off of absolute marking. Let us assume that a paper has the highest marks of 100, and the maximum that the students score is 76, with the second highest being 68. Then, an absolute cut-off is taken for a grade of A+, A, and so on, based on the frequency distribution of the grades attained. At least, 5-12 percent points of the students can be on A+. If the average grade and the last grade is decided, then an equal representation…