Energy Strategy of the European Union and its Impact on Oil and Gas Assignment

Vitality Strategy of the European Union and its Impact on Oil and Gas Industry - Assignment Example A few vitality related strategies and driven measures are being arranged and executed by the part conditions of EU in this account.To make these arrangements turn out to be rapidly and productively, extra accentuation must be laid on issues like achieving more prominent vitality proficiency, tapping substitute wellsprings of vitality, boosting the utilization of sustainable power source, and utilizing atomic force (Tindale, 2014). Be that as it may, when an extra accentuation is laid on these above issues, it can impact the working of the oil and gas ventures. Moreover, in this endeavor, safeguarding nature is likewise particularly key thus concentrating on carbon catch and capacity (CCS) innovation is additionally significant (Tindale, 2014). Along these lines, this report will concentrate on the EU’s vitality technique and its effect on the oil and gas businesses. Aside from the above-talked about political situation, the need to think of condition well disposed vitality choices has provoked EU to concoct vitality proficiency strategies from the beginning of the new thousand years. That is, from the mid-2000s, EU has been setting focuses for its part nations to improve its vitality productivity on present moment and critically long haul premise. Long haul premise in the sense, toward the finish of 2006, the EU promised to lessen its yearly utilization of essential vitality alternatives of petroleum derivatives by 20% by 2020. On similar lines, the European Commission as an approach order likewise encircled the Energy Efficiency Directive (EED) for the EU, which sets up a general plan for the advancement of vitality effectiveness inside the part states. The principle goal of the EED is to help the EU’s part states to accomplish an objective of sparing 20% of their vitality utilization by 2020. As per the European Commission, the EU is on target to accomplish a 20% decrease in 2020, 30% in 2030, and significantly the drawn out objective 80% decrease in 2050 (Ea Energy Analyses, 2012). As indicated by EU’s strategies, the part states are specified to accomplish vitality productivity in the above-delineated segments including ventures, transport, family unit, and significantly force or vitality age segment (European Commission, 2013). In the family units, individuals are furnished with individual metering plan alongside liberated from cost access to constant vitality utilization information which would help them in dealing with their vitality utilization in an obviously better way.

Confession found in Prison Essay Example for Free

Admission found in Prison Essay Charles Dickens begins his story with an exceptionally light climate with him portraying a man who was sent to another country to battle for his nation and how he was sent home thus he resigned from the administration. He doesnt develop his encounters from the war by any means, which possibly could be because of disgrace or loss of character. His better half and he at that point pulled back to the bequest acquired by his significant other which at that point had a place with him, as this was the done thing in around then. After such a carefree opening the environment drops significantly as he says this is the latest night I need to live, this at that point makes the peruser need to peruse on with the inquiry in the rear of their head, why would that be the latest night he needs to live? In that equivalent passage he says I was never a courageous man, and had consistently been from my adolescence of a mystery, skeptical nature this straight away educates the peruser regarding the idea of this man, yet I discovered this abnormal that a man who has come out and said that he was never extremely bold as a kid, yet years after the fact ended up selected into the military. I talk about myself as though I had gone from the world, this showed to me that he has dealt with the way that he is going to pass on, out of the blue that might be, which fabricates expanding strain even this right off the bat in the story. The following passage clarifies the preoccupied relationship with his sibling, however the two of them wound up wedded to two sisters. At the point when I originally read his better half realized me well, I never battled with any mystery desire or nerve when she was available however that lady realized it just as I did. I never raised my eyes at such occasions yet I discovered hers fixed on me there are a couple of understanding that could be taken from this, it is possible that she was truly looking at him as they were in every others nearness or that he discovered his creative mind showing signs of improvement of him, anyway we can not make certain as I dont truly trust his judgment as the storyteller. I think the pressure increments extensively and the air turns out to be substantial when he discusses his help that his siblings spouse passed on abroad, I feared her; she frequented me considerably after her demise and this is the place I began to scrutinize his rational soundness, he is nearly saying that he can feel her eyes on him through her grave. At the point when my sibling realized that all desire for his own recuperation was past, he called my better half to his bed-side, and trusted offspring of four years of age, to her security I was interested concerning why he called his siblings spouse to his bed-side as opposed to his sibling, possibly he additionally shared the doubts that not everything was ordinary with his sibling. Maybe I conceal reality from myself, however I don't feel that when this started, I reflected to do him any wrong now I accept he is understanding that something isn't right with him and I found the strain ascending as the peruser is then considering what the man is pondering to do to the youngster, he infers that he is considering murdering the kid when he says I was under an interest which made it a benevolent a business with me to examine his slight and delicate figure and think how effectively it may be done it clearly being the slaughtering, yet with this announcement he felt no regret for what he was stating, which I discovered very strange which obviously this man is. I went through days in molding with my folding knife an unpleasant model of a vessel, which I completed and dropped in the childs way this caused me to understand that the pontoon was only a bait to get the kid to the lake, which clearly a multi year old would be totally unaware of. He now and then denies contemplating killing the youngster however goes to such lengths as to go through days making a pontoon as a bait for the kid and the way that he took down after him, crawling under specific bushes practically like if the kid sees him he will presume his activities, this again flags his propensity to turn out to be absurdly jumpy. As I peruser I got tense as the youngster was planning to play with his pontoon in the lake, and the man was getting ready to suffocate the kid. As he was going to push the youngster he saw his shadow and pivoted, this was the point at which he chose not to suffocate him, yet to cut him. I think he chose to do this in light of the fact that as the kid pivoted and saw him his moms apparition was looking from his eyes and wounded the kid spontaneously. I sat at the room windows throughout the day and watched the spot where the shocking mystery lay despite the fact that he doesnt concede this, I accept he was truly disfavored by what he had done, despite the fact that it was planned I think he was spooky by his activities and that he needs to remain and watch the spot so as nothing upsets it. He portrays his anguish when a winged animal arrived on the plot of grass he figured the flying creature would be instrumental in the disclosure. Following three days of interminable viewing of the plot of grass, two officials visited about the missing youngster on the fourth. At that point I plunked down with my seat upon the grave, I am certain he did this so as long as he was sat upon the grave nothing could be found. Later on a couple of hunting dogs came into the nursery and began hovering around the seat the man sat on the environment gets warmed as everybody is yelling at one another In sky name move! Or on the other hand you will be shredded yelled one of the officials, let them tear me appendage from appendage, Ill never leave this spot, I think this is the place the officials knew about the keeps an eye on wrongdoing, as he would prefer to get torn appendage from appendage by the two hunting dogs than surrender his position where his mystery lay. I am distant from everyone else in this insidious cell with my shrewd soul, I pass on tomorrow I think he is currently along the line of reasoning that him biting the dust would part him from his malevolent soul. I think this is on the grounds that he realizes he has the right amazing, as the youngster didnt. Show review just The above see is unformatted content This understudy composed bit of work is one of numerous that can be found in our GCSE Miscellaneous segment.

Essay Topics To Research

Essay Topics To ResearchThe American Dream essay topics most commonly written by graduate students are surveys and debates about how to view the state of the US economy, the federal budget, and the topic of class. Most college students write essays for school as part of their major, but since essays have a very important role in helping the student identify themselves and find their way into the professional world, it is important that they have a topic that they love to write.For example, a student's perspective on the recent global financial crisis would be very helpful when trying to navigate the complex workings of a professional career. Another good essay topic could be what college students should study once they get out of school. A survey for the subject matter could be asked of each student.Survey essay topics could be about how to study for the ACT or SAT, how to deal with grades, if working for the government is the best career option, the worst job options, and other topi cs similar to this. These questions could be asked of all of the students in a class, or some students would be more receptive to these questions than others.Since a majority of students will spend most of their time at work in their writing career, they should identify a topic that they like to write about. Many times a student has a chance to start an essay topic just by asking their professor. Their professor will already know what other students think, or they might be able to find a topic online.Essay topics can be both more complex and less complex. For example, a difficult topic to write about would be tax issues, while less complicated topics might be things like religious values, or the history of America.Students who write about subjects that they love to read about or research would be more successful in their career in general. They can find easier ways to express themselves when they have a topic that they love to write about. Essays could be essays about the cost of bu ying land, or how the world's most popular products are made.Writing about oneself is also very useful to help students find their way into the writing world. Some topics that could be asked of all of the students include how to prepare for a speech, how to compose a novel, and how to create an outline.Essay topics can be the highlight of a college student's senior year. Choosing the right essay topics is key to helping them find their way into the world of writing.

Analysis Of The Article Gunner Jay Lindberg - 1018 Words

In the article Gunner Jay Lindberg Killed Thien Minh Ly, Was It Actually a Hate Crime?, Two Victims named Gunner Jay Lindberg and Domenic Michael Christopher were found guilty of a crime that had went viral as media gossiped the news about to males whom were convicted for killing Minh Ly an sentenced to death, From the metaphysical view Libertarianism it is shown that they are guilty of the actions they have committed that night. Sartre believes that the very nature of consciousness is what allows human beings to have free will. He thinks that being conscious of imagining and noticing the different consequences of situations allow you to know the different possible futures that might come about from the actions we do that allow us to choose our path. For Sartre, being observant of the world allows us to take a step back from our lives and view it in a different type of lens. This opens up a distance between our consciousness and the rest of the physical aspects in the world. Free wil l is the ability to choose from choices that allow the action to creatively determine by the conscious mind. Libertarianism rejects that they are innocent because everything that we do as humans are our own free will and we will always be responsible for what we do as people. Sartre agrees with this argument stating that â€Å"human consciousness can withdraw itself from any existing situation to seek a future that does not exist, so humans are not determined by any existing situation but

Hamlet, By William Shakespeare - 1990 Words

During the course of Shakespeare’s â€Å"Hamlet†, the character of young Hamlet exemplifies an often puzzling and ambivalent persona. During the play, Hamlet is often contradicting of himself. By role-playing, or self-fashioning, Hamlet is able to balance his virtues in order to stay true to himself. This is demonstrated by his decisions to act upon something, as well as his inactions to not act upon something. The obscurity of Hamlet’s mannerisms are displayed within two conflicting personas: one that is perceived as calm and rational; the other displaying utter madness and loss of control. These conflicting behaviors are revealed within Hamlet’s internal struggles—to kill those responsible for his father’s murder, or to act responsibly and virtuous, and await further proof of their guilt. Throughout the play, Hamlet teeters on the brink of insanity induced by his actions, or inactions, but never actually crosses the threshold of insanity by balancing the virtues of playing a role and self fashioning, with looking at his own sense of self to rationalize his actions throughout the play. Clarification of Hamlet’s sanity first appears in act one, by his statements and feelings expressed within his dialogue. â€Å"Seems madam? Nay, it is. I know not â€Å"seems† (1.2.76). When young Hamlet is asked about his depressive appearance and demeanor by Gertrude, Hamlet denotes that this is what is perceived. This relates the idea that Hamlet is only â€Å"what he appears to be† as seen by the otherShow MoreRelatedHamlet, By William Shakespeare880 Words   |  4 PagesWilliam Shakespeare is praised as the pioneering English poet and playwright whose collection of theatrical works is regarded as the greatest artistic value throughout the history of English literature. Shakespeare delved into the spiritual and mental component of humanity and the consequences that arise from this human spirit when it is disputed. The most famous revenge tragedy play, Hamlet, is an excellent illustration of Shakespeare’s philosophical study of human nature. In Hamlet , the arguableRead MoreHamlet, By William Shakespeare899 Words   |  4 PagesWilliam Shakespeare, author of Hamlet, was a well-known author in the 1500s and is still popular today. He was born on April 24, 1564 in London, England. Although there were no birth records at that time, it shows he was baptized one year prior to that, which leads us to believe his birthday was in 1564 because children were normally baptized a year after their birth. Shakespeare’s writing style was very different than others at that time. He used many metaphors and rhetorical phrases, and most ofRead MoreHamlet, By William Shakespeare996 Words   |  4 PagesHamlet, written by William Shakespeare, with out a doubt holds the most famous soliloquy in English history spoken by Hamlet in Act III, scene i, lines 57-90. This soliloquy holds much importance to the play as a whole because it ties together the reoccurring themes of suicide and Hamlet’s inaction portrayed by Shakespeare. Hamlet pose s a problem, which is the driving force of the play: â€Å"To be or not to be?†(III.i.57). Shakespeare uses this logical question asked by Hamlet to drive out his underlyingRead MoreHamlet, By William Shakespeare1178 Words   |  5 Pages In William Shakespeare’s play Hamlet, the protagonist suffers from struggles with major characters, especially with the women in his life. While reading the play Hamlet, Hamlet appears to be a disillusioned man. Throughout the play, Shakespeare has only casted two females: Gertrude and Ophelia. Gertrude is defined to be incestuous, naà ¯ve and cold-hearted. On the other side, Ophelia is characterized to be ignorant, innocent and fearful. After the quick marriage of his mother and evil uncle, Hamlet’sRead MoreHamlet, By William Shakespeare1308 Words   |  6 PagesHamlet is arguably one of the greatest tragedies in all of literature and when most people think of tragic plays, they think of none other than the one who wrote it, William Shakespeare. This classic story of revenge excites it’s readers with its main character, Prince Hamlet, who goes through the unique human-like process of revenge that is often overlooked. Many other stories rely heavily on the logi c of good people doing good things and bad people doing bad things just for the sake of their natureRead MoreHamlet, By William Shakespeare Essay1453 Words   |  6 PagesHamlet by William Shakespeare explores many aspects of mankind--death, betrayal, love, and mourning. Out of these, the most prominent theme in this play is death in the form of suicide. The main character, Hamlet, finds himself questioning the quality of life and the uncertainty of the afterlife once he discovers news of his father s death and the corruption in the kingdom that follows. Ophelia, Hamlet’s lover, is found dead later in the plot and is presumed to have committed suicide. In Hamlet’sRead MoreHamlet, By William Shakespeare1146 Words   |  5 PagesA character so complex, enticing and fascinating, his name is Hamlet. We are all Hamlet, and that, is the argument. Hamlet is an enigmatic character with many flaws. These flaws are the ones that prove similarities between us and him. A play so popular and significant is due to its huge relevance to us as a society. In the play Hamlet, William Shakespeare uses Hamlet’s character and metaphor to demonstrate that when one is left alone to their thoughts, these thoughts overtake reason. ConsequentlyRead MoreHamlet by William Shakespeare1456 Words   |  6 PagesThe play Hamlet, by William Shakespeare, takes place in a time where the impossible was a part of the lives of everyday people. Occurrences that people in the modern time would believe unbelievable. Yet, with just a quill and parchment Shakespeare’s is able to connect the past and present by weaving a plot with skill that is still unparalleled to this day. The play Hamlet this exceeds this expectation by revealing depth of Hamlets, the protagonists, character personality through the useRead MoreHamlet, By William Shakespeare1920 Words   |  8 PagesIn the play Hamlet by William Shakespeare, the character Hamlet must deal with both external and internal conflict. Hamlet encounters many struggles and has trouble finding a way to deal with them. With so many corrupt people in his life, Hamlet feels as if there is no one that he can trust and begins to isolate himself from others. A result from this isolation leads Hamlet to become melancholy. Hamlet struggles with suicidal thoughts, wants to kill King Claudius, and is distraught over his mother’sRead MoreHamlet, By William Shakespeare846 Words   |  4 Pagesalways been a contemplative topic. In Hamlet, the main character Hamlet thinks to himself about suicide. Hamlet was written by William Shakespeare. Shakespeare wrote Hamlet between 1599 and 1602. William Shakespeare is one of the greatest playwrights in history. Hamlet is about Prince Hamlet of Denmark who is trying to find out about the death of his father after his father s ‘ghost’ comes to him telling him it was his uncle who had killed him. While Hamlet contemplates suicide he gives his famous

Character Analysis Of Heathcliff In Wuthering Heights

Heathcliff is a very interesting character. In the novel Wuthering Heights Heathcliff starts out as a protagonist and turns into an antagonist. Heathcliff is described as diabolical, yet he loves Catherine deeply. His deep love for Catherine causes him to seek revenge against the man she married. Heathcliff hurts everyone he comes in contact with in his plot for revenge. Heathcliff comes to Wuthering Heights as a young orphan boy. He is loved by Mr. Earnshaw and Catherine but despised by Hindley. Mr. Earnshaw treated Heathcliff as his own and was very kind to the boy. Hindley was always mean and spiteful. During his youth he and Catherine spent hours playing in the moors together. They are the best of friends. Then on one fateful day†¦show more content†¦Before Catherine gives birth to her daughter Heathcliff visits again and Catherine is very ill. Heathcliff tells Catherine to haunt him when she dies as he cannot bear to be away from her. This shows his deep love of Catheri ne. He says he can’t live without her. In the meantime, Isabella gives birth to a son. Catherine dies soon after giving birth to a daughter. During this time Hindley dies, some might say at the hands of Heathcliff. Heathcliff inherits Wuthering Heights because Hindley owed him money. This was the next step in his plot for revenge against Edgar as Edgar and Catherine would have taken control of Wuthering Heights had Hindley not owed money to Heathcliff. Isabella passes away and sends her son to live with Edgar in the hopes that he would be able to raise Linton. However, when Heathcliff hears this he demands that his son live with him, despite Isabella’s wishes. Heathcliff also begins treating Hareton (Hindley’s son) as horribly as Hindley had treated Heathcliff as a boy. This points to his diabolical nature. Heathcliff again goes against Edgar’s wishes and encourages Cathy and Linton to court each other. They’re love blooms and Heathcliff forces the m to marry. Heathcliff knows that if Linton dies while married to Cathy he will also gain control over Thrushcross Grange. Then completing his revenge on Edgar Linton. In the end Heathcliff made Edgar lose his wife, sister, and daughter. He also caused Edgar to lose all of his land andShow MoreRelatedWuthering Heights By Emily Bronte1555 Words   |  7 Pages2015 Wuthering Heights (1847) by Emily Brontà « Introduction The novel Wuthering Heights was written in 1847 by Emily Brontà «. The plot unravels with Lockwood visiting his landlord at Wuthering Heights; as Lockwood stays the night, he starts to discover items within the home and later a fatal vision appears, which causes him great curiosity. Lockwood returns back to his residence at Thrushcross Granges and listens to the history of his landlord, Heathcliff; told by an old servant at Wuthering HeightsRead MoreAnalysis Of Emily Bronte s Wuthering Heights 1589 Words   |  7 PagesVictoria Embry Outside Reading Analysis Wuthering Heights Tramel – 2nd period November 4, 2016 Introduction The self-consuming nature of passion is mutually destructive and tragic. The gothic Victorian novel, Wuthering Heights, was written by Emily Bronte and published in 1847 where Bronte challenges ideas of religious hypocrisy, social classes, gender inequality and mortality. Wuthering Heights was first ill received being too much removed from the ordinary reality in the mid-nineteenth-century;Read MoreEmily Brontes Wuthering Heights: Mental Illness and Feminism1663 Words   |  7 Pages Novels are often taken by the reader at face value, and are never looked into on a deeper level. It is important to search for more than what is seen in a literary work. Wuthering Heights is a great example of a book with its own hidden secrets that can surface with a little research. Emily Bronte’s Wuthering Heights depicts the oppression of women from mentally unstable individuals. Overview of Author Emily Bronte was born in Yorkshire, England on July 30, 1818 (â€Å"Emily Jane Bronte 1), to a familyRead More The presentation of Mr. Lockwood in Wuthering Heights The novel,807 Words   |  4 PagesThe presentation of Mr. Lockwood in Wuthering Heights The novel, Wuthering Heights, begins in the year 1801. The presentation of Mr. Lockwood in â€Å"Wuthering Heights† ======================================================= The novel, â€Å"Wuthering Heights†, begins in the year 1801, where we as readers are firstly introduced to the character Mr. Lockwood. Mr. Lockwood narrates the entire novel throughout, almost like an entry in his diary. Lockwood, a young London gentleman, is a newcomerRead MoreWuthering Heights by Emily Brontà «1111 Words   |  5 PagesIntroduction: Catherine and Heathcliff grow up together at Wuthering Heights, Catherine family home on the northern English moors. Heathcliff arrives as a gypsy founding. Catherine father Mr. Earnshaw raises him as a son. Catherine is a strong and wild beauty who shares Heathcliff wild nature Alone together on the moors Catherine and Heathcliff feel as if they are soul mates. But to Heathcliff despair outside forces begin to pull them a part. After falling in love with Catherine .She reject himRead MoreEssay on The Depth of Emely Brontes Wuthering Heights1345 Words   |  6 PagesWuthering Heights was written by Emily Bronte’, although she first published her novels under a gentleman’s name. Her famous novel has become a classic in English literature. It would be the least to say her imagination was quite impressive. Through her child imagination, Bronte’ and her siblings would write children stories. â€Å"Emily’s childhood created an imaginary nation, originating from the numerous poems devoted to the doings of the Gondals† (Bradner 129). The ‘Gondal’ poems they wrote inspiredRead MoreThe Importance Of Society And Class In Wuthering Heights1613 Words   |  7 PagesEmily Brontà « uses her novel Wuthering Heights to showcase how the constraints of one’s class, while only enforced by will, can take control over one’s autonomy and desires. Brontà « accomplis hes this in her depiction of the characters Catherine Earnshaw Linton and Heathcliff. Catherine begins the novel as a tomboyish girl, with no intentions of becoming a â€Å"lady† as defined by the society of her time. She only begins to want to conform to feminine roles when she is introduced to the expectations ofRead MoreWuthering Heights By Emily Bronte859 Words   |  4 PagesMer N. Finley E2H2 W4- Wuthering Heights Lit. Analysis 8 October 2014 The Deads and the Livings Wuthering Heights is a English novel by Emily Bronte. The main character in this novel are Heathcliff, Lockwood, Catherine, Edgar, Nelly, Joseph, Hareton, Linton, Hinley, Isabella, and young Cathy. The main character Heathcliff is influenced with the element of gothicism and romanticism. Gothicism shape Heathcliff appearance and actions. Romanticism portrays through Heathcliff passion for Catherine. Read MoreThe Depth of Emily Brontes Wuthering Heights884 Words   |  4 PagesWuthering Heights was written by Emily Bronte’. It would be the least to say her imagination was quite impressive. Through imagination as a child, Bronte’ and her sisters would write children stories, which inspired some popularly known novels. Wuthering Heights contains crossing genres, changing settings, multiple narrators, and unreliable narrators. George R. R. Martin wrote the book Game of Thrones, which is one of the modern day novels that contain several of Emily Bronte’s writing techniquesRead MoreTragic Family Relationships in Wuthering Heights by Emily Bronte 1018 Words   |  5 PagesIntroduction: In 1800 Century, Catherine and Heathcliff grow up together at Wuthering Heights, Catherine family home on the northern English moors. Heathcliff arrives as a gypsy founding. Catherine father Mr. Earnshaw raises him as a son. Catherine is a strong and wild beauty who shares Heathcliff wild nature Alone together on the moors Catherine and Heathcliff feel as if they are soul mates. But to Heathcliff despair outside forces begin to pull them a part. After falling in love with Catherine

Financial Technology Bitcoin is an Innovative Currency

Question: Discuss about the Financial Technology Bitcoin is an Innovative Currency. Answer: Overview of Bitcoin Bitcoin is an innovative currency form which is digital in nature. This empowers the rapid payment to any individuals at any place in the world. There is no central authority which regulates Bitcoin as it operates over the peer-to-peer technology. In this technology the transactions are managed as well as the money is been issued by the collective networks. Bitcoin Core is basically open source software that helps in the usage of this currency effectively (GitHub, 2017). Opportunities and challenges Bitcoin is one of the simplest and fastest ways to exchange the money among individuals at a very low price. There are several opportunities and challenges associated with the use of the technology. Opportunities The physical currency was evolved thousands years back and now with the technological development there has been introduction of the digital currency. There are number of opportunities which are there for the development and use of digital currency. For meeting the requirements of the contemporary financial activities and for solving several issues there is an extreme need of the digital currency to be regulate all across the world. It is the virtual currency which simplifies the complex transactional methods and processes (Bitcoin Project, 2017). There are abundant opportunities for Bitcoin to achieve worldwide recognition as it is a vital opportunity for Bitcoin to feel the gap which exists between the use of physical and the digital currency. There has also been issued the credit card of Bitcoin which makes the transactions easy and convenient. Another wide opportunity present for Bitcoin is to improve the system sin such a manner that it eliminates and prevents all types of frauds and scams (Vandervort, 2016). There are available several other opportunities for Bitcoin such as the increased network security service and insurance corporation so that insurances can be offered to the one who are Bitcoin deposits. Challenges With the effective application of Bitcoin there are few severe challenges which have been associated with the use if this digital currency. These challenges are the threat for the successful execution and application of the digital currency in the longer time frame. The primary challenge for Bitcoin is that it is the initiating phase of digital currency and so there is lack of some of the vital components which restricts Bitcoin to be highly trustworthy and reliable. The next challenge is that there have been identified several case of hacking attacks (Belov, et al., 2014). There is extreme lack of security which raises concern regarding the safety and the security of the investments deposited as well as transactions taking place. The third biggest challenge for Bitcoin is that till the time there is no insurance and legal counseling regarding the use and application of Bitcoin there are chances of errors and security issues. Hence it is essential that there must be setting up of var ious insurances and security network for Bitcoin to make the transaction secure as well as safe (Astruc, 2014). Bitcoin: A future unicorn using the LASIC principles FinTech is continuously receiving great attention of the people. It has been evaluated that there has been a grown of the global investments of three times in the FinTech Ventures. There are LASIC principles over which the technologies are analyzed. LASIC can be understood as Low margin, Asset light, Scalable, Innovative, and Compliance easy. Bitcoin is the blockchains or distributed ledgers which is considered as the future unicorn using the LASIC principles. With the rapid usage of innovative and techno savvy financial services there is a need of digitalized currency. Presently it has been identified that out of the total world population approximately 38 percent has no formal bank accounts. And approximately 40 percent of the overall population is been underserved by the banking institutions (Chuen and Teo, 2016). These facts and data display that there is an extensive market need which highly demands for digital currency. Bitcoin is that rising component which will have a vital a nd major part of the worlds population taking use of it. Bitcoin can easily be understood as the digitalized form of payment. The use of Bitcoin is so extensive that through it the individuals can buy computers, send currencies to individuals residing in other nation but in small amount s, buy anything over Overstock etc. the primary advantage of using Bitcoin is that there is no need for getting concern over the currency conversion or exchange rate fees as there is no such costs associated with the use of Bitcoin (Rosenblum, 2014). Analyzed from the lenses of LASIC principle, it can clearly be stated that Bitcoin is of very low margin, the asset is also extremely light, it is scalable in nature, it is considered as one of the prime innovation in the financial services and its easy to compliance. There has been increased number of launched of the Bitcoin firms (Johnson, 2016). This is the major reason behind the elevated use of Bitcoin as consumers are fin ding it extremely easy to take use of. The popularity and potentiality of Bitcoin can be analyzed by the means that it has been taken use of some of the well renowned organizations. NASDAQ and American Express are two such biggest giants which are using Bit coin and finding it much significant and effective (Collard and Gavray, 2015). There are number of activities which can be performed through the use of Bitcoin such as it protects the identity of an individuals, there is no particular fees to maintained for the wallets of Bitcoin, rapid international payments, easier mobile payments, works anytime and everywhere and have control over the money. Except all these there are several other benefits which the companies and individuals will be getting in the future tome frame of taking use of Bitcoin (Vandervort, 2016). All these factors show that Bitcoin will be shortly recognized as a future unicorn using the LASIC principles. References Astruc, M., (2014). Global Challenges, Opportunities Of Cryptocurrencies Such As Bitcoins, Retrieved on: 14th February, 2017, Retrieved from: https://www.ip-watch.org/2014/06/24/global-challenges-opportunities-of-cryptocurrencies-such-as-bitcoins/ Belov, D., Rajam, S., Summers, Q., Sun, Q and Yun, S., (2014). Challenges and New Business Opportunities for Bitcoin, Pp.12, Retrieved on: 14th February, 2017, Retrieved from: https://ikhlaqsidhu.files.wordpress.com/2014/10/elppprojectiwhitepaper_2014_bitcoin_final.pdf Bitcoin Project, (2017). Bitcoin for Individuals, Retrieved on: 14th February, 2017, Retrieved from: https://bitcoin.org/en/bitcoin-for-individuals Chuen, D.L.K. and Teo, E.G.S. (2016). Emergence of FinTech and the LASIC Principles, Pp.17, Retrieved on: 14th February, 2017, Retrieved from: https://skbi.smu.edu.sg/sites/default/files/skbife/research_papers/Emergence%20of%20FinTech%20and%20the%20LASIC%20Principles.pdf Collard, E. and Gavray, G., (2015). Demystifying Bitcoin Threat or Opportunity? Pp.8, Retrieved on: 14th February, 2017, Retrieved from: https://cmo.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-demystifying-bitcoin-threat-opportunity-102015.pdf GitHub, (2017). Bitcoin, Retrieved on: 14th February, 2017, Retrieved from: https://github.com/bitcoin/bitcoin Johnson, B., (2016). The Challenges and Opportunities of Bitcoin for the Entertainment Industry, Retrieved on: 14th February, 2017, Retrieved from: https://medium.com/@ProjectGruvi/the-challenges-and-opportunities-of-bitcoin-for-the-entertainment-industry-cc488af45106#.vjm6bi5j0 Rosenblum, P., (2014). Bitcoin: The Currency Of The Future? Forbes, Retrieved on: 14th February, 2017, Retrieved from: https://www.forbes.com/sites/paularosenblum/2014/01/27/bitcoin-the-currency-of-the-future/#9b7a5b611d31 Vandervort, D., (2016). Challenges and Opportunities Associated with a Bitcoin-based Transaction Rating System, Pp.10, Retrieved on: 14th February, 2017, Retrieved from: https://fc14.ifca.ai/bitcoin/papers/bitcoin14_submission_5.pdf