Title: Digital Currency Exchange
1Introduction
to
2What is Cryptocurrency ?
- Digital currency or digital money is an
Internet-based medium of exchange distinct from
physical (such as banknotes and coins) that
exhibits properties similar to physical
currencies, but allows for instantaneous
transactions and borderless transfer-of-ownership.
- Cryptocurrency - A digital currency in which
encryption techniques (cryptography) are used to
regulate the generation of units of currency and
verify the transfer of funds, operating
independently of a central bank.
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4- First decentralized digital currency. They are
digital coins you can send through the internet. - No one controls it. Bitcoins arent printed, like
rupee or dollars theyre produced by people,
and increasingly businesses, running computers
all around the world, using software that solves
mathematical problems. - An anonymous software developer called Satoshi
- Nakamoto proposed bitcoin in 2009, which was an
electronic payment system based on mathematical
proof. The idea was to produce a currency
independent of any central authority,
transferable electronically, more or less
instantly, with very low transaction fees. - In simple words, bitcoin is an open source
software to transfer money over the internet.
5Decentralized
Currently, we use FIAT Money. Trust the banks and
central authorities with our money. They have
complete control over it as to what amount of
money needs to be printed and circulated. These
central authorities are the regulating bodies to
whom we have given complete control of our money
! Bitcoin is the idea that we can take back power
and control of our own money and we can transact
in a better way. It provides us with a currency
and a payment network that we can control
ourselves and we dont have to rely on any single
entity to create or help us to transact.
6Characteristics
It's decentralized It's easy to set up set up a
bitcoin wallet and you are good to go ! It's
anonymous It's completely transparent - stored
in public ledger known as blockchain Transaction
fees are miniscule Its fast
7Why should you use bitcoins ?
Bitcoins are transferred directly from person to
person via the net without going through a bank
or clearinghouse.
8Contact Us
Perfekt Capital Limited,Unit 804 8F Boss
Commercial Centre28 Ferry Street, Yau Ma
Tei,Kowloon, Hong Kong
Email Customer Support support_at_perfektpay.com
Global Phone Support 852 6024 5489
https//www.perfektpay.com/
9Thank You