Cryptocurrency:

The Future of
Money
 INTRODUCTIO
N
Crypto currency is a digital or virtual currency that uses cryptography for security.
It operates independently of a central bank and allows for secure, direct
transactions between users. Transactions are verified through a decentralized
system called the blockchain, which maintains a public ledger of all transactions.
Examples include Bitcoin, Ethereum, and Litecoin.
What is cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses

cryptography for security.

It operates independently of a central bank or

government.

Transactions are verified through a decentralized

network called blockchain.
 How does cryptocurrency
work?
Cryptocurrency is a decentralized digital currency that uses encryption techniques
to regulate the generation of units and verify transfer of funds.
Types of cryptocurrency

Bitcoin (BTC) - the first and most well-known

cryptocurrency.

Ethereum (ETH) - a blockchain-based platform that

enables smart contracts and decentralized applications.

Ripple (XRP) - a digital payment protocol that facilitates

fast and low-cost transactions.
Advantages of
cryptocurrency
Decentralization Security
Global Accessibility
Reduced Transaction Fees
Speed of Transactions
Financial Inclusion
Ownership and Control
Privacy
Innovation and Disruption
Portfolio Diversification
 Risks and
challenges
Cryptocurrency is a decentralized digital currency that can be vulnerable to
hacking. Protect yourself with strong passwords, two-factor authentication, and
reputable exchanges. Stay vigilant and informed about potential scams and frauds.
 Conclusion
In summary, cryptocurrency is a digital or virtual currency that uses cryptography
for security. Transactions are verified through a decentralized system called
blockchain. It offers advantages like anonymity, security, and lower transaction
fees, but also presents challenges such as volatility and lack of regulation. As the
world becomes more digital, cryptocurrency will continue to be a topic of interest
and innovation.