Blockchain Based Cryptocurrencies Training Ppt

Slide 1

This slide presents the cover image for emerging trends around blockchain training module.

Slide 3

This slide gives the definition of cryptocurrency. It is a type of digital asset that is based on a network that spans over a large number of computers. Due to their decentralized structure of these assets, these exist outside the control of governments and central authorities.

Slide 4

This slide tells us about the cryptographic technologies that give rise to currencies that have the feature of being cryptic, and being named as cryptocurrencies.

Instructor’s Notes: Cryptocurrencies are mined or traded on cryptocurrency exchanges.

Slide 5

This slide draws a comparison between traditional currency and cryptocurrency. Traditional currencies are tangible, represented by bills and coins, have an unlimited supply, are issued by governments, and are centralized. Market and regulation determine its value. In contrast,  cryptocurrencies are intangible digital currencies, created on computers, with limited supply. Cryptocurrencies are decentralized with demand and supply determining its value.

Slide 6

This slide states that Bitcoin is a cryptocurrency, or virtual currency, that acts as money and a payment method independent of any one person, organization, or entity. It, thus, eliminates the need for third-party involvement in financial transactions.

Slide 7

This slide illustrates a brief history of bitcoin, starting from Satoshi Nakamoto's invention of bitcoin in 2008 to the worldwide acceptance of Bitcoin today.

Slide 8

This slide showcases statistics related to bitcoin. Satoshi Nakamoto is the pseudonym of the mysterious person or individuals who created bitcoin.

Slide 9

This slide summarizes the session on blockchain-based cryptocurrencies. Bitcoin was the first of these digital assets meant to transfer money over the internet, based on cryptography.  We now know at least six major knowledge-points about blockchain-based cryptocurrencies.