The Future Is Now: 5 Apps That Prove The Booming Business Behind Web App Development

If any doubt remained about the power of web application-based industry, they were wiped away by the recent news of Apple’s purported $3.2M takeover of the Dr. Dre-driven Beats Music, which is poised to provide the iTunes Radio service provider extra ammunition in its web-based rivalry against Pandora and Spotify for listener’s ears—and subscription and advertising dollars. How did virtual come to replace brick-and-mortar startups, with companies such as Netflix wiping Blockbuster Video out of existence, and what other innovative companies and clever entrepreneurs should be on our radar?

The Innovation of Bitcoin: How Does It Really Work?

Exchange of goods and services happens every day around the world. Here are two scenarios in which it may occur.

1. The Middleman

I have an orange, and you want my orange. We agree that you can have my orange if you wash my car. You wash my car, and I give my orange to a stranger along with a dollar bill. That stranger hands the orange to you and keeps the dollar. You have been paid your one orange and the stranger has been paid a dollar for being the middleman in our transaction. This is how most of our monetary transactions currently happen.

2. Peer Exchange

I have an orange, and you want my orange. We agree that you can have my orange if you wash my car. You wash my car, and I give you the orange. No one has witnessed the transaction but the two of us, but we know I had an orange and gave it to you. No third party was involved, and we both got what we wanted: a sweet juicy orange and a clean car.

10 Quotes from Shark Tank’s Sharks Every Entrepreneur Should Know

by Mary Faller

The hit reality television show “Shark Tank”, which premiered in 2009, has been bringing entertainment to America by showcasing entrepreneurs hoping for the chance to bring their dreams to fruition. These hopefuls present their “big ideas” to the sharks – successful business people that took their own dreams and turned them into highly rewarding empires. Entrepreneurs present their ideas to these sharks in the hopes that one will invest in their idea or product, thus making their dreams a reality.