PptxGenJS Presentation

[Audio] (I-T ) Skills Page 1 Topic: Crypto Currency Submitted By: Sujal Srivastva MBA HR Roll Number: 2410019025695 Submitted To: Sanjeev Verma.

[Audio] Page 2 Introduction to Crypto Curreny Crypto Currency is a digital form of currency that operates independently of traditional banking systems. It is built on blockchain technology, a decentralized and transparent ledger that records all transactions. Crypto currencies, like Bitcoin and Ethereum, have gained significant traction in recent years, transforming the way we think about money and financial transactions. This comprehensive introduction will explore the fundamentals of cryptocurrency, its underlying technology, the major players in the market, and the potential benefits and challenges it presents..

[Audio] Page 3 What is Crypto Currency? Digital Currency Decentralized System Crypto currency is a digital asset designed to work as a medium of exchange. It utilizes cryptography to secure and verify transactions, as well as to control the creation of new units of a particular cryptocurrency. Crypto Currencies operate on a decentralized network, meaning they are not controlled by any single entity, such as a government or financial institution. This decentralization is a key feature that sets cryptocurrencies apart from traditional fiat currencies. Blockchain Technology Pseudonymous Transactions Crypto currencies are built on blockchain technology, which is a distributed, digital ledger that records all transactions in a secure, transparent, and permanent manner. Crypto Currency transactions are recorded on the blockchain using unique digital identifiers, allowing for pseudonymous transactions where the identity of the parties involved is not directly revealed..

sterthecryptO Crypto Trading Process STAGE 1 Converting fiat to crypto base currency STAGE 2 onverting bas currency to altcoins.

[Audio] Page 5 Blockchain Technology Distributed Ledger Cryptographic Security Decentralized Consensus Blockchain technology utilizes advanced cryptography to secure the network and prevent unauthorized modifications to the ledger. Each block in the chain is linked to the previous block, creating an immutable record of all transactions. The blockchain is a distributed, digital ledger that records all crypto currency transactions in a secure, transparent, and permanent manner. This ledger is shared across the entire network of computers, known as nodes, which maintain and update the ledger. The decentralized nature of the blockchain means that there is no single point of control or failure. Transactions are validated and added to the ledger through a consensus process, ensuring the network's security and reliability..

[Audio] Page 6 Major Crypto Currencies: Bitcoin, Ethereum, and More Bitcoin The first and most well-known crypto currency, Bitcoin was introduced in 2009 and has since become the largest cryptocurrency by market capitalization. Ethereum Ethereum is a decentralized, open-source blockchain platform that enables the development and deployment of smart contracts and decentralized applications (dApps). Litecoin Litecoin is a peer-to-peer crypto currency that was created as a faster and more efficient alternative to Bitcoin, with reduced transaction confirmation times. Ripple Ripple is a digital payment network and protocol that enables fast and secure cross-border transactions, with a focus on facilitating international money transfers..

[Audio] Page 7 Benefits of Crypto Currency Decentralization Crypto currencies operate on a decentralized network, which eliminates the need for intermediaries and centralized control, providing users with greater control and autonomy over their finances. Transparency The blockchain technology underlying crypto currencies ensures that all transactions are recorded in a transparent and immutable manner, promoting trust and accountability. Accessibility Crypto currencies offer global accessibility, as they can be accessed and used by anyone with an internet connection, making them particularly beneficial for the unbanked and underbanked populations. Speed and Efficiency Crypto currency transactions are typically faster and more efficient than traditional banking and payment systems, with reduced fees and settlement times..

[Audio] Page 8 Risks and Challenges of Crypto Currency Volatility Regulatory Uncertainty Security Concerns Crypto currencies are known for their high volatility, with significant price fluctuations that can make them risky investments. This volatility can also hinder their adoption as a stable medium of exchange. The regulatory landscape surrounding crypto currencies is constantly evolving, with varying approaches and policies across different jurisdictions. This uncertainty can create challenges for both users and businesses operating in the crypto currency space. Crypto Currency wallets and exchanges are vulnerable to hacking, theft, and other security breaches, which can result in the loss of digital assets. Maintaining the security of one's crypto currency holdings is a significant challenge for users..

[Audio] Page 9 Regulatory Landscape and Crypto Currency Varying Approaches Different countries and regions have adopted varying regulatory approaches to crypto currencies, ranging from complete bans to more lenient frameworks that seek to foster innovation. Compliance Challenges The lack of global regulatory consensus creates compliance challenges for businesses and individuals operating in the crypto currency space, as they must navigate a complex patchwork of regulations. Ongoing Developments Regulatory authorities continue to monitor the evolution of crypto currencies and are actively working to develop appropriate frameworks to address the unique challenges posed by this emerging technology..

[Audio] Page 10 Investing and Trading in Crypto Currency Investment Strategies Risks and Considerations Long-term holding (HODLing) Day trading Margin trading Diversification Volatility Security risks Regulatory changes Technical analysis and market knowledge Investing and trading in crypto currencies can be a complex and risky endeavor, requiring a deep understanding of the market dynamics, security best practices, and regulatory frameworks. Investors should carefully consider their risk tolerance, investment strategies, and the potential rewards and challenges before entering the cryptocurrency market..

[Audio] Page 11 Conclusion Crypto Currency represents a transformative shift in the way we think about and interact with money. While the technology is still evolving, and the regulatory landscape remains uncertain, the potential benefits of crypto currencies, such as decentralization, transparency, and accessibility, have captured the attention of individuals, businesses, and governments worldwide. As the crypto currency ecosystem continues to mature, it will be crucial for stakeholders to navigate the risks and challenges, foster innovation, and ensure the responsible development of this disruptive technology..

[Audio] Page 12 Thank You. Thank You. Page 12.