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Presentation on electronic currency
Electronic currency means
 money which were provided in advance by one
party to other party, while the latter keeps
the record of the amount provided without
opening a bank account in order to perform
monetary obligations of the party who provided
the money towards third parties with the use
of electronic means of payment only.
Types of crypto currencies
 Bit coin
 Lite coin
 Pp coin
 name coin
Definition of bit coin and lite coin
 a type of digital currency in which encryption techniques are
used to regulate the generation of units of currency and verify
the transfer of funds, operating independently of a central
bank.

is a peer to peer crypto currency and open source software
project released under the MIT/X11 license Inspired by and
technically nearly identical to bit coin (BTC), Lite coin creation
and transfer is based on an open source protocol and is not
managed by any central authority.
Definition of pp coin and name coin
 Peer to peer coin is an alternative cryptocurrency launched in
August 2012 and is based on the Bit coin framework. Peer
coin is also referred to as Pp coin, peer to peer coin and p2p
coin.
 name coin (NMC) is an open-source peer-to-peer system and
cryptocurrency which also acts as an alternative decentralized
DNS and a decentralized identity storage system.
Bit coin advantages
 Freedom in Payment
 Control and Security
 Information is Transparent
 Very Low Fees
 Fewer Risks for Merchants
Bit coin dis advantages
 Lack of Awareness & Understanding
 Risk and Volatility
 Still Developing
conclusion
 There are always pros and cons to any situation in life. To be
able to make a good decision, you need to weigh the good
and bad thoroughly before finalizing your choice. Do the
same for Bit coin. Understand what it is, and decide what you
want to do with it. We, at Coin report give you the facts; you
are the ones who make your decision.
electronic currency

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electronic currency

  • 2. Electronic currency means  money which were provided in advance by one party to other party, while the latter keeps the record of the amount provided without opening a bank account in order to perform monetary obligations of the party who provided the money towards third parties with the use of electronic means of payment only.
  • 3. Types of crypto currencies  Bit coin  Lite coin  Pp coin  name coin
  • 4. Definition of bit coin and lite coin  a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.  is a peer to peer crypto currency and open source software project released under the MIT/X11 license Inspired by and technically nearly identical to bit coin (BTC), Lite coin creation and transfer is based on an open source protocol and is not managed by any central authority.
  • 5. Definition of pp coin and name coin  Peer to peer coin is an alternative cryptocurrency launched in August 2012 and is based on the Bit coin framework. Peer coin is also referred to as Pp coin, peer to peer coin and p2p coin.  name coin (NMC) is an open-source peer-to-peer system and cryptocurrency which also acts as an alternative decentralized DNS and a decentralized identity storage system.
  • 6. Bit coin advantages  Freedom in Payment  Control and Security  Information is Transparent  Very Low Fees  Fewer Risks for Merchants
  • 7. Bit coin dis advantages  Lack of Awareness & Understanding  Risk and Volatility  Still Developing
  • 8. conclusion  There are always pros and cons to any situation in life. To be able to make a good decision, you need to weigh the good and bad thoroughly before finalizing your choice. Do the same for Bit coin. Understand what it is, and decide what you want to do with it. We, at Coin report give you the facts; you are the ones who make your decision.