CRYPTOCURRENCY

ABOUT
ABOUT ME
I am Swaleha Khan, B.Tech
(CSE) student at SISTEC
-GN.

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 CRYPTOCURRENCY
What is CryptoCurrency?
CRYPTO-CURRENCY OR CRYPTO
• A digital currency by which transactions can be
done.
• Transcations are verified and recorded on a
blockchain.
• Based on Decentralised System.
• Created using Encryption Algorithms.

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 How Crypto Got Its
Name?
CRYPTO-CURRENCY 
CRYPTOGRAPHY + CURRENCY

CRYPTOGRAPHY
Method of protecting information
and communication through use
of codes, so that only those for
whom the information is intended
can read and process it.
FOUNDER
SATOSHI NAKAMOTO

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 Key Points In CryptoCurrency

DECENTRALISATION BLOCKCHAIN CRYPTOGRAPHY

Cryptocurrencies are
Use Decentralised Peer- A key element to
based on a distributed
to-Peer (P2P) Network blockchain technology
public ledger known as
to record transactions & that provides the facility
blockchain.
issue new coins in of secure
Blockchain keeps record
market. communication.
of all transactions held
by currency holder.

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 MINING:
How They
Work? Units of crypto currency are
created through a process called
mining which involves computer
systems to solve complex
mathematical problems to be
rewarded with bitcoins in
exchange.
Ideally, it takes a person 10 minutes to mine
one bitcoin, while in real world, it takes 30

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days.
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 In MARKET

Buying Selling Store

Cryptos can be Cryptos can be Cryptos can be stored
bought from sold to them. in digital wallets:
brokers & • Hot Digital wallet
individual owners. • Cold Digital Wallet

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 Types of Cryptocurrency:

Bitcoin Altcoin Tokens

• Market Leader • Alternatives to • Crypto using
Bitcoin pre-existing
• Original Crypto-
currency (not necessarily blockchains
similar)

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Most Used Cryptos…

Bitcoin Ethereum Tether Binance Coin

Market cap: Market cap: Market cap: Market cap:
$532 billion $226 billion $83 billion $49 billion

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 NFT
Non-Fungible Token

NFTs are singular and Songs, gifs, jpegs,

unique. artwork, can be
They also exist on made into NFTs.
blockchain.

7/14/20XX 10
 PROS CONS
• Privacy • Lack of Policy
• Immutability • Power Consumption
• Transparent • Interference by Central
Authority
• Decentralization
• Diversity

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Legal In India
Indian cryptocurrency
exchanges will have to report
suspicious activity to the
Financial Intelligence Unit
India by
Prevention of Money-launderin
g Act
, 2002 said, Finance Ministry.

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SUMMARY
Crypto and Web 3.0 services originating from Indian businesses can
serve a multitude of use cases globally. India will no longer have to be
an offshore-based economy but a leader of an industry.

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 THANK YOU

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