Blockchain technology is a digital innovation that can significantly impact financial markets in the next few years. It allows for trustworthy and secure transactions through a distributed ledger maintained across a peer-to-peer network. A blockchain uses cryptography to record transactions in blocks that are chained together, making past records unalterable. While still developing, blockchain offers opportunities for trust and security across industries through features like smart contracts and distributed data storage. It remains to be seen how widely blockchain will be adopted and what applications may emerge in the future.
3. PARTICIPANT EXPOSURE!
How many of you :
• Have Heard of Cryptocurrency?
(Like Bitcoin,Etherum,Litecoin,Ripple)
• Did You ever felt like having your own
Cryptos?
• Have you ever thought of involving in Projects
based on Block Chain Technology?
4. BLOCK CHAIN OVERVIEW
• Block Chain Technology is a Digital
Innovation that is having an ability to
significantly Alter financial markets
within the next few years , that has
Potential to be trust worthy and
improve Cyber Security Systems.
9. In year 2008, an individual or group
writing under the name of “Satoshi
Nakamoto” published a paper
entitled “Bitcoin: A Peer-To-Peer
Electronic Cash System”
10. 2008
• August 18 Domain name
"bitcoin.org" registered
• November 09 Bitcoin
project registered at
SourceForge.net
11. 2009
• January 3 Genesis block
established.
• January 9 Bitcoin v0.1 released and
announced on the cryptography list.
• January 12 First Bitcoin transaction,
in block 170 from Satoshi to Hal
Finney.
12. Bitcoin is a cryptocurrency and
worldwide payment system.It is
the first decentralized digital
currency.
35. All the P2P users are in
agreement with the new
Block addition
36. In Addition to this,Block Chain users
have their own Private Key and Public
Key.
Public Key is Known to every one and
Private Key is the “Decrypt of Hash
Code and Respective Address of the
Block”.
37.
38. Medical reports of
high profile are sent
through block chain
E-notary are
digitally signed to
avoid breach of data
Few Countries
have started
collecting taxes
39. PRESENT SCENARIO
Block Chain Technology is so influential
that even our Indian Entrepreneur
have started working on India’s First
Cryptocurrency LAXMI Coin that is
going to be launched by this
February for which I am eagerly
Waiting to Invest!
40. FUTURE USES:
•Stock Market Trading
•Multiple Transactions
•Smart Contracts : It is a computer
protocol intended to digitally verify the
performance of a contract.
•File Storage
41. IMPACT ON SOCIETY
•Although this Technology is still in development (ie) in
Starting Stages Boundless Opportunities exist.
•Features that could create Trust Achievable to every
industry.
•Burden on Security systems will be reduced but this may
still take to implement.
•IOT projects can also be developed using this Tech.
43. WHAT WOULD BE RUNNING IN A
HACKERS MIND?
Hack Something Which
Either Gives Him Fame Or
Money
And
Never Get Caught..!!!
44. MAY 2017
WANNACRY RANSOMWARE ATTACK
This was a worldwide CyberAttack by the
WannaCry Cryptoworm, which targeted
computers running the Microsoft
Windows operating system by Encrypting data
and demanding payments in
the Bitcoin cryptocurrency, So that they cant be
tracked through Transactions…!!
47. Though This wasn’t a good
sign towards development
of Technology and a Total
Misuse of both Time and
Skill.
48. CONCLUSION
To Conclude
There is enormous interest in
BlockChain based business applications
and hence numerous Start-ups working
on them.
So now its time to think about future
plan on how to adopt this new
technology!