Finance Trends

Sales technique used to encourage customers to purchase additional, related, or complementary products or services. Cross-selling aims to increase the overall value of a sale and enhance customer satisfaction by providing more comprehensive solutions, often seen in industries like retail, banking, and technology. This technique primarily benefits businesses looking to maximize revenue from existing customers and improve customer experience.

Decentralized protocol used for indexing and querying data from blockchains. It helps in retrieving blockchain data efficiently, which is particularly useful for Web3 applications, and allows developers to pay usage-based query fees to indexers who perform index lookups of blockchain data. The Graph is beneficial for developers and businesses seeking a cost-effective solution for accessing and managing blockchain data.

Function X is an ecosystem built entirely on and for the blockchain, offering a fully decentralized and secure environment. It provides a platform for developers and companies to build decentralized applications with ease, differentiating itself through its focus on security and decentralization. Function X primarily targets blockchain developers and businesses looking to leverage decentralized technologies for their applications.

Accounting principle used to value inventory at the lower of its historical cost or current market value. This ensures that inventory is not overstated on the balance sheet, providing a more accurate financial representation. The principle is particularly relevant for businesses with fluctuating inventory values, such as retailers and manufacturers.