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Showing posts with the label products

Gamification & Leaderboard Axioms

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Breaking ice... Let's focus in relation with software products & applications Gamification is, applying the game design principles to non-game applications for enhancing user engagement, productivity, quick learning & user gathering, socializing. Leaderboard is a scoreboard to show the status of players or competitors playing the game (not just the game in our context). Helps recognition of leaders (in multiple sections & areas). The axioms mentioned below are based on my multiple experiences with quite a lot of big, medium & small products (software & digital) into B2B & B2C space. When starting up with a new product, gamification & leaderboards could become the most important factor for content generation (most important axiom), since it terrifically enhances user engagement, digital gathering & socializing. Decide on achievement levels or thresholds (game levels, badges) wisely by keeping the users, extend & importance of the use ...

Future of Banking! 9 Trends

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Today fintech & banking industry is more disruptive then any other, let's see what are the most alluring & a bit beguiling trends that the industry is going to follow/following: Blockchain Technically could be compared to singly linked list with rear node pointers. Blockchain could be referred to as a database tech or concept inheriting from distributed computing or distributed database, it was first devised for Bitcoin. Blockchain could be used to support infinitely growing list of records, each record called as block. Somewhat like a node in a linked list, each block contains timestamp data & address to previous block. Blockchain could have applications into areas like global supply chains, financial transactions, asset ledgers, decentralized social networking & healthcare & medical records. It would be a highly hectic process (not possible in quite some cases) to change the data of a recorded block. A geeky application of blockchain into human life co...

Horror Asimmetrie

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The fear of being asymmetrical. While creating a product, interface or design; I have found many people who knowingly unknowingly practice & feel that having unevenness or irregularity between parts or aspects of something is not right, they feel something is not fine. Is it really not fine practising asymmetry? Not at all... It is more of a personal thought or perception, which has been built around due to some instances & scenarios the person has been through in his/her life starting from childhood. Creating something without the fear of being asymmetrical will end up being a better outcome & applying symmetry principles only when needed. Irregularity & unevenness exist in the universe since its evolution & many bodies, entities possessing such properties are perfect in every way for what they are, what they do & how  they are useful. Lets understand it using a small example: Above example gives us a glimpse about how a normal person ...

Hiring Product Manager?

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Let's start with who a Product Manager is... If I was to describe it in few words, it would be the person who will be accountable for creating a product that could earn desired profits. A product manager would not just orchestrate the product life cycle to create a compelling product but would also take  any  extra mile needed to make the product a success... Yeah! Coming to the point... What kind of traits would you look in to for a person to be product manger of a product/your product? Well! there could be many & many things you may seek in a person to manage the product. Rather, let's specifically talk about what you should  not emphasize on  while hiring a product manager: Domain : A good product manager will always be able to excel the domain your product is serving... in a short span of time. Also if the person is interested to take the job, he/she is certain to take over the domain. New to role : That's not a problem! Its equally important for...

UPI bullets

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UPI stands for Unified Payments Interface. The interface is built by NPCI (National Payments Corporation of India). UPI is extension of IMPS (Immediate Payment Service) framework built by NPCI. User can transfer & receive money 24x7, 365 days. User has to download and register on an UPI app & create an unique Virtual Address to transfer & receive money to & from a bank account. An user can create multiple Virtual Addresses depending on the UPI based apps he/she is using. User can set a default account for paying & a default account for receiving the money linked to a particular Virtual Address. Its a safe framework to make payments, involves 2 factor authentication. User has to create an UPI pin to start using any UPI app. Only NPCI accesses user's UPI pin, so feel safe as none of the app creators would be able to access it. No need for a seperate e-wallet, now your bank account can act as an e-wallet. Only PSP (Payment Service Provider) ba...