Author: Ram Krishnna Rao

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in MSN article ’17 Effective Ways to Be More Confident in 2020′.
She said: “When it comes to becoming more confident, I advise to avoid chasing perfection and instead aim to give your best on a daily basis”. “Only compare yourself to the person you were yesterday.”
In addition to being a successful entrepreneur, Sukhi is also a qualified life coach. This training has helped her in many ways through her career and when managing a team.
You can read the full article here.

Our CEO & Co-Founder, Ram Krishnna Rao, was recently quoted in Outback Teambuilding article ‘The Qualities of a Good Leader According to 10 Business Executives’.
He said: “As a leader, it’s your responsibility to inspire your team through both your words and your actions. This makes strong verbal and non-verbal communication skills one of the key qualities of a good leader.
Praise Your People for a Job Well Done
One of the most important ways leaders can communicate with their employees is by recognizing their achievements, whether monumental or minuscule. This is no secret to Ram Krishnna Rao, CEO at MarketOrders.
The-Qualities-of-a-Good-Leader-According-to-10-Business-Executives-Featured-1“The workplace has evolved a lot in the last decade,” explains Rao. “If respect was once sometimes gained by fear, it is now earned by your ability to make your collaborators heard, happy, and accomplished. You don’t become a great leader by putting people down, but by praising everyone’s achievements – no matter how big or small. Some people think that free food and gym subscriptions are what makes employees happy. I believe they’re wrong. What people really want is recognition for their hard work and purpose.”
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in a few Chinese publications regarding Bitcoin predictions for 2020.
She said: “Political unrest tends to undermine the current financial systems in place and this is where you also tend to see the value of home currenc[ies] plummeting,” Jutla continued. “It is in these conditions that crypto prices tend to increase as investors move assets to find [assets] that are not controlled or influenced by one party.”
You can read one of the Chinese articles here.

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in Logo article ‘Things I Wish I Knew Before Joining a Co-Working Space’.
She said: “When working in a communal workspace, beware of the many distractions around you, which can prevent you from focusing properly on a task, especially when you are an introvert and need quiet and silence to get the work done.
This could include the noisy sounds of the coffee machine to people inadvertently holding ad-hoc standing meetings right next to your hot desk!
Events being held in the open spaces can also act as a distraction; when you need to do work that requires 100% of your focus, you may find your progress slows down. As human beings, we are always seeking pleasure over pain so when you are trying to tackle hard tasks like reviewing financial data, you may find the lure of the free coffee and cake wins far more often than you might have wished for!
You also need to be very organised and can book meeting rooms weeks in advance to ensure you have a quiet professional space to welcome clients, partners or team sessions.”
 
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Finance Magnates article ‘How Could Political Change & Unrest Affect Crypto in 2020?’.
She said: “political unrest generally demonstrates a loss in confidence in the governing authorities in a country. Governments are closely tied to the financial systems in place so this has a knock-on effect on the financial landscape in a negative way.”
“Political unrest tends to undermine the current financial systems in place and this is where you also tend to see the value of home currenc[ies] plummeting,” Jutla continued. “It is in these conditions that crypto prices tend to increase as investors move assets to find [assets] that are not controlled or influenced by one party.”
Sukhi Jutla added that although Brexit is now a certainty with a specified date, markets could still respond frantically: “Even though we know when Brexit will happen, we will continue to see erratic behaviour across the money markets and this will also include the value of the pound,” she told Finance Magnates.
“In this case, I predict there will a flurry of activity in the gold and Bitcoin markets, driving both of these assets market prices upwards. In times of chaos and uncertainty, we think we do the most logical and rational things, but all we do is panic in the face of fear and this will cause the price of the pound to plummet.”
 
Along with Sukhi, other experts gave their views:

• Monica Eaton-Cardone is a Forbes Technology Council member, fintech expert, and the co-founder and chief operating officer of international cybersecurity firm Chargebacks911.
• L. Burke Files is the President of Financial Examinations & Evaluations Inc., an international investigator, and due diligence expert.

 
You can read the full article here.

MarketOrders Co-Founder & COO, Sukhi Jutla, was recently quoted in Cointelegraph article ‘Five Countries Where Crypto Regulation Changed the Most in 2019’.
The journalist, Julia Magas, wrote:
Similar expectations were shared with Cointelegraph by Sukhi Jutla, the co-founder of MarketOrders — a blockchain-based platform for the gold and diamond jewelry industry:
“With over 1 billion population in China, this looks like the perfect testing ground to see mass adoption taking place. China is already the leader when it comes to mobile payments and creating their own dedicated cryptocurrency was the natural next step. China is the home to thousands of blockchain startups so I wouldn’t be surprised to see China leading the way and making even more gingiva advancements in 2020.”
According to MarketOrders’ Jutla, the United Arab Emirates is one of the leaders in crypto regulation when it comes to the Middle East. He said:
“This year, the Securities and Commodities Authority (SCA) in the United Arab Emirates drafted a resolution on regulating crypto-assets, providing greater clarity for crypto-related projects in the Middle East nation. By drafting this resolution, the UAE is sending a positive sign to the world. This can be seen as a signal that they are open to exploring this area and by creating guidelines they are giving more reassurance, confidence and stability to businesses owners who may want to enter this field.”
Along with Sukhi, other experts gave their opinions:

• Alina Kiselevich, Enigma Securities
• Steve Tsou, RRMine
• Jessica Renden, Cointree
• Evan Luthra, EL Group International

You can read the full article here.
 

Our Co-Founder & COO, Sukhi Jutla, was recently interviewed by journalist Elaine Pofeldt for Quartz article ‘Female entrepreneurs are turning to non-traditional sources to fund their businesses’.
The journalist wrote:

“Sukhi Jutla had no illusions about raising venture capital for her startup, MarketOrders, a blockchain-based global marketplace for the gold and diamond jewelry industry. She knew that in the UK, only 1% of venture capital (pdf) goes to women. And as a minority woman, she faced even steeper odds.

She decided to try to raise the money anyway. She reached out to VCs on LinkedIn and at tech meet-ups, and showed up at their open office hours. After hundreds of meetings over several months, she finally got a bite from a two-man firm that was interested in investing £250,000 pounds (about $329,000).

Jutla started getting uneasy when the investors asked how long it would be until she ran out of money and dragged out their conversations for four months—a month short of when she’d said her cash would dry up. “I felt they were trying to waste my time and get me into a desperate situation,” she said.

After finally making an offer, “one of them kept calling me at times I didn’t think were appropriate—10 pm or 6 am—demanding financial information,” she recalls. “I told him very politely I’d be grateful if you could keep this relationship within office hours.”

“If I invest in you, I own you 24/7,” he responded. Then he threatened, “News travels fast in small circles. You’ll never raise venture capital because of your attitude.”

Jutla gave up on the idea of raising venture capital for MarketOrders. “I decided to take 100% responsibility for raising the funds I needed,” she says. In June, she ran a four-week campaign on the crowdfunding site Crowdcube, raising  £439,840 ($579,719)—almost twice as much as the VC investors had offered her.

She has no regrets about leaving the VC world behind. “Most of their deals were just rubbish,” she says. She only sold 9% of her company’s equity, far less than the investors were asking. Today, she’s built the company to 14 employees. Its tech platform is still under construction, but it’s already brought in £100,000 ($131,575) in its first year.”

 
You can read the full article here.
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Altexsoft article ‘Blockchain in Supply Chain and Transportation: Benefits, Use Cases, Limitations, and Opportunities’.
Here is what the article says:
“We can’t but agree with Sukhi Jutla, co-founder of MarketOrders blockchain platform, stating that “in many cases, the logistics and transportation industry doesn’t have a full, end-to-end digital footprint.” She further explains that at touchpoints where goods and products are handled in person “human errors and issues of trust can occur.”
The high cost of deployment. This drawback stems from the previous one. Sukhi Yulta from MarketOrders acknowledges that the upfront costs of the technology deployment “could prevent small players from participating” while “the biggest players could create their own blockchains and charge high fees to be part of this”.”
You can read the full article here.
 

Our CEO, Ram Krishnna Rao, was recently quoted in CEO Blog Nation article ’18 Entrepreneurs Reveal The Word That Could Represent Them and Their Business in 2019′.
He said: “2019 was a key year for us in terms on growing which included our first external fundraising. This required a lot of persistence to get through the hundreds of rejections and set backs we experienced until we were able to raise the required growth capital. It was all about pushing through obstacles and challenges and turning them into opportunities and it requires endurance and strength to keep going when the tide seems to be going against you. With continued persistence, I was able to navigate the funding landscape and successfully overfunded and grew the size of my team by 300%.”
You can read the full article here.
 

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in Finance Magnates article “2019: The Year in Altcoins, and the Year Ahead”.
The journalist, Rachel McIntosh, wrote:
“Sukhi Jutla, COO of blockchain B2B platform for the gold and diamond jewelry MarketOrders, told Finance Magnates that the coins that she’s observed to have a continuous strong performance are those that have seen the most adoption; those that have “had buy-in from many participants who would use the coin.”
“This is key for any success,” she said, pointing to Ripple as an example. “You need to have your stakeholders onboard and Ripple managed to do this well by getting trust and confidence from the banks who would use Ripple.”
Jutla also pointed to altcoins that have consistently delivered on promises of privacy: “Monero has also stood the test of time,” she said.
“Users value their greater levels of privacy. Dash altcoins continue to do well as a payment method which has proved to be faster than Bitcoin. And of course, Ethereum continues to go from strength to strength which has been driven mainly due to the number of applications being built on this network.”
“The number of altcoins coming to market has fallen when you compare it to 2017 and 2018,” Sukhi Jutla said. “This is mainly due to investors scrutinizing new coins and wanting to understand better how the coin can be used for the long term.”
Therefore, “I predict we will continue to see altcoins coming to market,” Jutla said, “but there will be more pressure on the creators to convince investors that their coins are here for the long term, can provide value and compete against Bitcoin as a credible coin of value.””
Quoted along Sukhi are:

• Adam Todd, founder and CEO of Digitex Futures
• Alex Lindenmeyer, Co-Founder of Accointing AG

You can read the full article here.