Current and Emerging Innovation Multimedia Project

[Audio] Good morning everyone! We are excited to present our project about current and emerging innovation in the world of multimedia. With this project, we aim to explore how advanced technology is influencing and changing the way we work, create, and communicate. We will discuss the potential benefits of modern technology and its implications on society. We hope that you will come away with a better understanding of the impact of innovation on our lives. Your time and attention is greatly appreciated..

[Audio] Cryptocurrency has had a long and complicated history and it is important to understand its origins. We can examine its various uses, the associated risks, and its mechanics. There is also much disarray around how to wisely buy and sell it. These subjects will be discussed in this presentation..

[Audio] Cryptocurrency is a rapidly emerging form of digital payment that uses cryptography to secure financial transactions without the need for a central or regulating authority. It is a direct peer-to-peer system that allows anyone anywhere to send and receive payments in a secure and anonymous way. Recent years have seen a boom in cryptocurrency, making it increasingly accessible and easier to use. It provides many advantages, and its potential is seemingly limitless, ensuring that cryptocurrency is here to stay..

[Audio] Cryptocurrency is fast becoming an essential part of global financial systems, leveraging cryptography to provide a secure form of digital asset to store and transfer value. Decentralization of cryptocurrency removes reliance on a single entity for its operation, with a distributed network of computers maintaining the currency to protect against fraudulent activities, offering an incredibly secure aspect..

[Audio] Cryptocurrencies have evolved significantly since their initial introduction in the late 1980s. Blockchain technology in the early 2000s has enabled a novel digital economy to arise, with the potential for a different approach to exchanging data and value. Satoshi Nakamoto's 2008 paper introduced a secure and decentralized digital currency mechanism, effectively catalyzing the modern crypto-currency transformation and unveiling a world of potential. Blockchain technology is inducing a new level of economic exchange and spawning new opportunities continuously..

[Audio] Cryptocurrency continues to expand its use cases and redefine traditional financial services. It enables low-cost money transfers, allows users to earn interest on their cryptocurrency, provides a censorship-resistant alternative store of wealth and even enables users to invest in innovative early-stage startups. All of this offers individuals and organisations the chance to access new opportunities..

[Audio] Cryptocurrency is an up-and-coming digital form of payment and investment, though it does come with risks. There are no legal protections should something go wrong, and cryptocurrencies are not insured like bank deposits. Their value can also change dramatically without warning, making them a risky investment even with no guarantees of a return. Understanding the risks is essential before making any decisions..

[Audio] Cryptocurrency is a type of digital currency that uses encryption techniques to secure and verify transactions. It is decentralized, global currency created and held electronically on a distributed public ledger system, known as a blockchain. Without the need for a central bank or a third party intermediary, it enables payments and transfer of funds online in a secure, anonymous, and fast manner, making it an ideal instrument for online commerce..

[Audio] Decide where you wish to purchase the cryptocurrency. Set up the required account. Fund your account with money. Make the purchase. Choose a secure place to store your crypto assets. Cryptocurrency has fuelled a new form of investment and wealth preservation, offering flexibility and potential returns. But how do you buy and sell it? This table makes the process simple, showing the 5 straightforward steps to acquire cryptocurrency. Now you know the steps to take to buy and sell cryptocurrency..

[Audio] Log into your wallet and click the “Buy/Sell Crypto” button. Select “Sell Crypto”. Choose the DeFi Wallet or Blockchain.com Account to sell from. Enter the amount to sell, either in crypto or local currency. Select a recipient account and complete the sale. Review the sale details on the Checkout screen. Click the “Sell” button and your transaction will be successfully completed..

[Audio] Cryptocurrency has revolutionised the way we view money, with an impact that reaches beyond the financial sector. Assets such as wind turbines and solar farms are listed for public ownership, enabling greater access to social impact investment. Renewable energy exchanges are becoming more distributed, giving citizens of the world control of their personal information. Micro-donations have become more feasible, with companies and organisations having access to incentivized or tokenized social marketing, behaviour change and nudge campaigns. All of this contributes to the disruptive potential of cryptocurrency and its positive influence on our lives..

[Audio] Marks the end of our journey in creating this multimedia project, we have explored new technologies and pushed our creativity to the limits. Despite the challenge, we have worked hard to develop some truly remarkable content. Our hard work and dedication has resulted in what we present to you now. Enjoy!.

[Audio] We'd like to thank you all for taking the time to go through our project. As shown in the last slide, we found a number of references related to cryptocurrencies and its risks. We have included both industry and academic sources, like CT.gov, Analytics Insight, Ellis Jones, Kaspersky and NFT Now, which have allowed us to explore this topic in-depth. We hope this research will help to inform and guide understanding of cryptocurrencies, and provide a useful context for the public. Thank you..