Tag: Stellar

  • Building a Strong CV – Tips From Shailja Dutt, Founder of Stellar Search

    This article is contributed by Shailja Dutt, Founder of Stellar Search and weryz.

    A lot has changed in the corporate world over the last few years- how we recruit, how we retain and the definition of work itself. But what has remained constant in the upheaval is the one big question- how to write great CV’s? Be it any industry, any position, any seniority, this question pops up everywhere. Here’s our take on the art and science of writing a great CV.

    Tips for Building Strong CV

    Focus on your Strengths
    Keep it Crisp and To The Point
    Don’t depend on Titles to do their work
    Keep it Simple
    Align it with your LinkedIn Profile
    Use the Right Keywords
    Make it Presentable

    Tips for Writing a Great CV
    Tips for Writing a Great CV

    Focus on your Strengths

    This is not the place to be modest or understate your own achievements.

    Ask yourself- What differentiates you? What makes you stand out? And include your answers in your CV. While it’s a good idea to customise your CV according to the job requirements, you shouldn’t be quick to apply the shredder on everything else. Your strengths play a major part in any role you take, so make sure you highlight them.

    Keep it Crisp and To The Point

    Keep it crisp and to the point – remember no one has time to scan long profiles.

    Brevity is key. Applying to jobs requires going the extra mile but if there’s one place you should be cautious of extending yourself, it’s your CV. The standard length for a CV one/two pages (on separate sheets) so it should include only your key achievements. Just saying more doesn’t make your achievements larger or more significant, it just shows your lack of being able to communicate impactfully and effectively. The average recruiter initially spends 7.4 seconds scanning a resume so keep it short and say it in a way that you make the most of these 7.4 seconds.

    Don’t depend on Titles to do their work

    All corporate work seems to come down to titles- we dream about going from associate to senior associate to manager, and that is the holy career trajectory. However, that’s no longer true.

    Be it in any role, it’s the impact of your work that matters. The 3-4 words of your title might get the attention of the recruiter but the 3-4 lines below it should back it up. Instead of focusing too much on your industry or title, focus on what you have done and the transferable skills you bring. Be specific and present bullet points to help the reader catch important details. Results not responsibilities – look back at your achievements in previous positions. Quantify. Instead of describing a long list of tasks, focus on the results and deliverables and wherever possible provide verifiable and objective evidence of your success. You are always as good as your last project.


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    Keep it Simple

    CV is not the place to showcase your great writing skill or verbosity or use jargons. Use short, coherent sentences so that the reader can understand and retain information. When you use jargon or convoluted phrasings, you are just adding to the work of the reader. If they have to read it again to understand, consult a dictionary to look up a tough word or think about the full form of an acronym, then you have just made it inconvenient for them to read your CV and if there’s anything employers don’t like apart from unoriginal CVs, it is inconvenient CVs. As Einstein has said If you can’t explain it simply, you don’t understand it well enough.

    Align it with your LinkedIn Profile

    And last but not the least align it with your LinkedIn profile. Your LinkedIn profile is your Digital resume. Align your CV with what you say on LinkedIn- your job roles, headers and brief description. Use LinkedIn to your advantage, instead of merely copying your CV content, use your LinkedIn space to complement your story and talk to your audience, something you won’t get to do in a formal CV. Bring out your strengths and put them out there.


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    Use the Right Keywords

    Some additional points that may help you stand out – include the right keywords.

    It is possible that your prospective employer is using an applicant tracking system (ATS) or similar software to screen out applications, or simply going through the page to spot the keywords themselves. Through relevant keywords, be strategic about how you present the information and show that you have experience in specific elements of the job through your past experiences.

    Make it Presentable

    Presentation matters – While content is king, how you choose to present it matters. In a bid to be original, don’t resort to fancy fonts or visual elements. Just answer this simple question- How can I get my message across in the cleanest way? Balance white space to avoid making your CV too cluttered or too empty. Choose your fonts and font sizes carefully and wherever possible stick to the formal standards. Make it reader friendly.

    And that is the magic formula to building a great CV!

  • Is Stellar XLM a Good Investment in 2021?

    In the era when cryptocurrencies have taken up the centerstage of the new dawn of the digital economy, there are a plethora of options available to you to invest. However, it is extremely important to be aware of the cryptocurrency that you are planning to invest in and its future implications. It is mainly because of the fact that the world of investment is full of uncertainties and with great rewards come greater risks. In this article, a cryptocurrency named Stellar Lumens is scrutinized to come to a conclusion whether it is a good investment or not.

    What is Stellar?
    What is unique about Stellar?
    What is Lumens?
    How does Stellar work?
    Why is Stellar a good Investment?
    Things to Note about Stellar
    Where to Buy Stellar Lumens?
    FAQ

    What is Stellar?

    Stellar is an open-source network for currencies and payment where it is possible to create, send and trade digital representations of all forms of money—dollars, pesos, Bitcoin and what not. It was incubated in 2014 and was launched in 2015.

    It aims to bring together all of the world’s financial systems under a single network. They have designed it in a way that is suitable for the users in developing countries as well. It had added to Stellar’s popularity significantly.

    The decentralised network of Stellar is spread across multiple servers like any other platforms that makes use of blockchain technology. It has no single owner, but is owned by the public.

    What is unique about Stellar?

    It uses blockchain technology to complete its transaction. Being a decentralized network, it handles millions of transactions every day. What makes Stellar unique is its compatibility with the requirements of a common man.

    Unlike traditional blockchain based systems like Ethereum and Bitcoin, Stellar is faster, cheaper and energy efficient. Its end user experience is more like that of cash.


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    What is Lumens?

    Lumens are the native digital currency of Stellar. It requires only a small amount of Lumens to initiate the account and transactions. After that, the platform does not give preference to any one currency.

    Being a decentralized network any kind of currency can be used through Stellar. Its primary intention is to make people’s savings more useful and accessible. It has a built in system which converts money sent through Stellar into desired currency.

    At first the currency is automatically converted to Lumen and then if the recipient is an India, it is converted to India rupee.

    How does Stellar work?

    To cover its basic intention to track ownership, it uses ledger where a network of independent computers cross check each other’s works. Its lack of central authority makes it impossible to tweak the numbers and transactions in Stellar.

    Its efficient algorithm called Stellar Consensus Protocol (SCP) overlooks the process and ensures that everything is in sync. The Stellar ledgers store two important pieces of data for each account. First, how much they own and secondly, what do they plan with this money.

    It is the Nodes that check the ledger and run the core Stellar software. The agreement between the nodes when you initiate a transaction completes it. Hence, Stellar networks are verified by multiple nodes. Their well-documented functions help you proceed with your transactions in ways that you prefer. You are even capable of issuing assets.

    Why is Stellar a good Investment?

    Growth of Stellar has been phenomenal in 2021. It has returned 424.4 percentage year to date. Analysts who have studied the growth of stellar for a long period of time do not see it slowing down in the near future.

    Stellar Growth Chart
    Stellar Growth Chart

    Its current affordable prices and potential to improve makes it ideal as an investment destination. Another reason why Stellar is a good choice for investing is because of its unique upgrades that augments the flexibility of Stellar core and customer based applications.

    Furthermore if Stellar encourages further decentralized applications in its platform it will result in massive increase in the value of Stellar which will make it further profitable for the people who invested in it.

    Another reason why it is preferred amongst prospective investors is because of its simple and low-cost transactions and through it, the accessibility to the global economy.


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    Things to Note about Stellar

    Before you move on to invest large amounts of money in Stellar, remember that there are lots of risks that are associated with such investments. While it provides great incentive and returns also expect that there will be potential risks although lumens has been faring well till date.

    Be sure to analyze your financial stability before making any investment moves. Stay up-to-date with the information regarding Stellar by also having sound information about current market and trends.

    Where to Buy Stellar Lumens?

    Apart from purchasing Lumens directly from the Stellar platform the following are a few places from where you can purchase Lumens

    • Bitfinex
    • Binance
    • GMO Coin
    • NovaDAX
    • Coincheck
    • Bittrex
    • Upbit
    • Huobi
    • Coinbase
    • Kraken
    • Godex

    FAQ

    Can I buy stellar on Coinbase?

    Yes, you can buy, sell, convert, send, receive, or store XLM on Coinbase.

    Is Stellar energy efficient?

    Yes, Stellar is more energy efficient than Bitcoin based systems.

    Who is the founder of Stellar?

    Jed McCaleb is an American programmer and entrepreneur who founded Stellar in 2014.