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CRYPTO BLOCKCHAIN.pptx

  1. CRYPTOCURRENCY AND BLOCK CHAIN Dr.TAZEENTAJ MAHAT
  2. Agenda Today Introduction Crypto Currency 01 WHY CRYPTOS 02 BLOCK CHAIN 03 Should I invest? 04
  3. CRYPTO CURRENCY Introduction
  4. ADVERTISEMENTS
  5. ACTIVE CRYPTO CURRENCIES As of January 2022, there are 16,598 cryptocurrencies in existence. However, not all cryptocurrencies are active or valuable. Discounting many “dead” cryptos leaves only around 9,631 active cryptocurrencies. There are upwards of 300 million cryptocurrency users across the globe. Content Here You can simply impress your audience and add a unique zing and appeal to your Presentations. Easy to change colors, photos and Text.
  6. CRYPTOCURRENCIES CRYPTO CURRENCY Cryptocurrencies are digital or virtual currencies that are encrypted (secured) using cryptography.. CRYPTOGRAPHY Cryptography refers to the use of encryption techniques to secure and verify the transfer of transactions. BITCOIN Bitcoin represents the first decentralized cryptocurrency, which is powered by a public ledger that records and validates all transactions chronologically, called the Blockchain.. TOKENS The term crypto token refers to a special virtual currency token or how cryptocurrencies are denominated. These tokens represent fungible and tradable assets or utilities that reside on their own blockchains. .
  7. WHY CRYPTO CURRENCY? Introduction
  8. Fiat money is a government- issued currency that is not backed by a commodity such as gold. Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies.. What is fiat Currency? EMERGENCE OF FIAT CURRENCY
  9. BIRTH OF BITCOIN Budget 2022 A 30% tax on cryptocurrencies BANNED IN INDIA RBI says Bitcoins are not legal tenders, banks are banned from supporting payments. GAINS MOMENTUM 13 large and 20 small coin exchanges opening ALL TIME HIGH Bitcoin reaches a all time high of $20000 SATOSHI NAKAMOTO “Satoshi Nakamoto” allegedly begins the development Blockchain and the Bitcoin virtual currency after the subprime crisis 2008 2014 2017 2018 2022 Today Bitcoin costs Rs.29,72,852
  10. What is Blockchain? How does it work?
  11. BLOCKCHAIN
  12. CRYPTOGRAPHY BITCOIN A peer-to-peer internet currency that allows decentralized transfers of value between individuals and businesses. Where do bitcoin come from? They’re mined High-powered computers solve complicated math problems. Each time a problem is solved, the finder is paid a bitcoin. Uses cryptography Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography (practice and study of techniques for secure communication in the presence of third parties called adversaries) to control its creation and management. BLOCKCHAIN Transactions are recorded in a community-built record of all transactions that acts as a proof-of-work. Computers connected to the network accept the longest chain as accurate
  13. BLOCK CHAIN • Distributed and synchronized • Peer-to-Peer Transmission • Transparency • Traceability • Irreversibility of Records • Computational Logic / Automation • Regulator Less
  14. Blockchain in Supply chain
  15. • Distributed ledger • Blockchain Blockchain Technology
  16. The Revolutionary Benefits Of Blockchain Tamper-Proof An encrypted record of events that can never be changed retrospectively 01 02 04 03 05 Smart Contracts A store of code and data to automate business processes between parties via self- executing logical workflows Reconciled Data Perfect copies of a database, distributed across all participants, meaning no data reconciliation No Intermediaries P2P interactions across the network, without the need for intermediaries Innately Secure In-built encryption and consensus mechanisms provide high resistance to network attacks
  17. Metaverse, NFT, And DeFi Metaverse The Metaverse is supposed to be a fully immersive space of virtual reality. Virtual avatars will traverse through this digital environment in a more participatory way. It'll help users socialise beyond sharing images and documents. From pre-screening real estate property by examining them in virtual reality to buying homes through tokens, the Metaverse allows it all. Metaverse tokens, including MANA, GALA, and more, are rising in popularity due to their uses. These tokens are transactional entities that can be used to trade in virtual marketplaces in the Metaverse environment. NFT (Non-Fungible Tokens) NFT or Non-Fungible Tokens are not just about selling and buying digital artwork. They have a widespread set of real-world use cases as fashion brands and corporate companies are beginning to promote themselves by distributing their NFTs. NFTs have given gaming platforms a new lease of life as players have started to “play to earn”. Today, games can help users earn NFTs that can be traded on marketplaces for higher prices. NFTs overlap with Metaverse in their use cases. Gaming assets in the Metaverse case be traded as NFTs with the help of Metaverse coins. DeFi (Decentralised Finance) In order to use the Metaverse coins or tokens, you'll first have to buy them. You can do it by going through a loop of fiat currencies and bank intermediaries. But that'll spoil the whole point of a decentralised trading mechanism. That's when decentralised finance or DeFi comes to play. Through DeFi networks, you can easily buy or sell your Metaverse tokens using smart contracts, P2P transactions, and more. Comments All the components — Metaverse, NFT, and DeFi — operate over the blockchain.
  18. Should you invest?
  19. • The unregulated crypto markets could become avenues for money laundering, fraud and terror financing. • Tax evasion by using crypto transactions is another major concern of the government. • At least eight cases of cryptocurrency-related frauds are under investigation by the Directorate of Enforcement. • The Governments control the economy through the currency, • If currencies are unregulated, the govt lose control. "In terms of cryptocurrencies generally, I can say almost with certainty that they will come to a bad ending. If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it, but I would never short a dime's worth." — Warren Buffet CNBC, January 2018
  20. Ross Ulbricht operator of Silk Road Arrested October 2013 Charged with money laundering, computer hacking, conspiracy to traffic narcotics Convicted and sentenced to life imprisonment in 2015 He tried to cover his tracks, but they connected the dots government seized 174,000 BTC auctioned them to the public On November 4, 2020, Bengaluru’s Central Crime Branch police arrested hacker Srikrishna under the Narcotic Drugs and Psychotropic Substances Act for allegedly procuring drugs using bitcoins via the darknet and peddling it to high-profile clients. On interrogation, the CCB found that Sriki was involved in illegal hacking including that of the Karnataka government’s e-
  21. Want to Rich overnight
  22. MEME COIN
  23. INITIAL COIN OFFER ICO Get a modern PowerPoint Presentation that is beautifully designed. ICO Who Can Launch an ICO? Anyone can launch an ICO. Currently, there's very little regulation on ICOs in America, meaning as long as you can get the tech set up you're free to try and get your currency funded. Easy to change colors, photos and Text. Entrepreneurs looking to launch a new cryptocurrency can do it through an initial coin offering (ICO), a variation on an initial public offering (IPO). There is little to no government regulation of ICOs currently, and anyone can launch one, provided they get the technology put in place. . ICO is probably one of the easiest to set up as a scam. Since there's no regulation there's nothing stopping someone from having a great idea, and then absconding with the money.
  24. CRYPTO TOKENS What Are Crypto Tokens? Token does not have their own blockchain Use platform of other cryptocurrencies to transact These tokens represent fungible and tradable assets or utilities that reside on their own blockchains. Crypto tokens are often used to fundraise for crowd sales, but they can also serve as a substitute for other things. These tokens are usually created, distributed, sold, and circulated through the standard initial coin offering (ICO) process, which involves a crowdfunding exercise to fund project development. Ethereum tokens can represent anything from a physical object like gold (Digix) to a native currency used to pay transaction fees (Golem). In the future, tokens may even be used to represent financial instruments like stocks and bonds.
  25. Smartly Invest in Cryptocurrencies 1. Carry out a deep study before you invest in any cryptocurr ency. . 4. Proportio ning your money on more than one coin. 3. Understand your risk strength and invest what you’re willing to lose. . 2. Don’t invest based on hype and noise.
  26. Thankyou…….. ?
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