CRYPTOCURRENCY-21 ST

CENTURY UNICORN-OR THE

MONEY OF FUTURE ?
TEAM NAME: TEAM ALPHA
MEMBERS:
NISHANT SRIVASTAVA
PRAKHARIMA SINGH
SHRISHTI SINGH
 WHAT IS
CRYPTOCURRENCY ?
This Photo by Unknown Author is licensed under CC BY-SA

Cryptocurrency is an internet based

medium of exchange which uses
cryptographical function to conduct
financial transactions.
‘Crypto’ is a Greek word meaning
‘hidden’; ‘crypt’ translates ‘hidden place’ .

This Photo by Unknown Author s licesed under CC BY-S

WHAT IS MINING ?

This Photo by Unknown Author is licensed under CC B

It is a process in which transactions

for various forms of cryptocurrency
are verified and added to
blockchain digital ledger.
This Photo by Unknown Author is licensed under CC B
 BITCOIN: A CRYPTOCURRENCY
Bitcoin is considered
as the biggest crypto
often referred to as
“Cash for internet",
Bitcoin is one of the
several popular digital
payment currencies
along with Litecoin,
Peercoin etc.
1 Bitcoin equals
5,82,660.83 Indian
rupee.
 TYPES OF CRYPTOCURRENCY:-
RELEASE CURRENCY FOUNDERS PROGRAMMING
LANG.
2009 Bitcoin Satoshi Nakamoo C++

2011 Litecoin Charlie Lee C++

2011 Namecoin Vincent Durham C++

2012 Peercoin Sunny King C++

2013 Dogcoin Jackson Palmer C++

2013 Gridcoin Rob Halfords C++

2013 Primecoin Sunny King C++,type script

 SHOULD WE INVEST IN
CRYPTOCURRENCY?
Investing and trading in cryptocurrencies involves substantial risk of
loss and is not suitable for every investor. The evaluation of
cryptocurrencies and futures may fluctuate , and, as a result client
may loose their own individual investment .

This Photo by Unknown Author is licensed under CC BY-SA

BAN ON CRYPTOCURRENCIES INDIA

• The committee headed by

finance secretary Subhash
Garg has proposed a draft
bill “Banning of
Cryptocurrency &
Regulation of Official
Digital Currency Bill , 2019”,
which has been placed in
This Photo by Unknown Author is licensed under CC BY-ND the public domain .
BITMEX
Founded by HDR Global Trading Limited (which in turn
was founded by former bankers Arthur Hayes, Samuel
Reed and Ben Delo) in 2014, BitMEX is a trading
platform operating around the world and registered in
the Seychelles.
• BitMEX allows users to trade a number of different
cryptocurrencies, namely Bitcoin, Bitcoin
Cash, Dash, Ethereum, Ethereum
Classic, Litecoin, Monero, Ripple, Tezos and Zcash.
• ADVANTAGES
Easy to use
Decentralization
Can be used internationally
Low operation cost
Unlimited & fast transactions
Transparency
• DISADVANTAGES
lack of knowledge
Strong volatility
Large risks of investing
Non-reversal of payment
Not accepted widely
Not secured storage
SCOPE AND FUTURE OF CRYPTOCURRENCY
• Economic analysts predict a big change in crypto , it is coming as institutional
money enters the market.

• Moreover, crypto may be floated on the Nasdaq, which would further add
credibility to blockchain and its uses, as an alternative to convectional currencies .
CONCLUSION

Cryptocurrencies such as bitcoins still have numerous significant obstacles

to overcome before they could totally replace current currency system .

The introduction of cryptocurrencies may also lead to increased level of

transparency and few incidents of fraud .

However, cryptocurrencies are designed to be explicitly transparent and

automatically detect fraud , greatly elevating the cost associated with
managing associated system.
THANK YOU
A PRENTATION BY TEAM ALPHA
g

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