Cryptocurrency Presentation
Transcript: I P Blockchain and Cryptocurrency RIPPLE P R L .E Blockchains A system in which a record of transactions made in bit-coin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network. Cardano is a decentralized public block-chain and cryptocurrency project. Overview Ripple About RIPPLE Ripple is a real time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc. The ledger employs the decentralized native cryptocurrency known as XRP, which as of September 2018 was the second largest coin by market capitalization. 1 The Arrival of Ripple Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. It was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb. Fun Fact - Ripple is a technology mostly known for its digital payment network and protocol, however, its also has its own cryptocurrency, XRP. 2 Who, What, Why, and WHERE Cryprtocurrency is used by businesses, consumers )(for payment) Cryptocurrnency is a digital currency that is used for regulating and transferring funds Can be used for wealth management - people can manage their assets and investments , digital publishing engagement - audiences engage with presenters or ads and earn tokens, ethical business practices - CC makes tracking transactions easier 3 Ripple Today MoneyGram, one of Ripple's highest-profile partners, announced its cooperation with Amazon and Google to improve the effectiveness of its cross-border money transfer product. MoneyGram is now Ripple's main partner and the largest user of its remittance product, On-Demand Liquidity. In 2020 Ripple completed the acquisition of its $50 -million stake in MoneyGram. Where and How to Get Cryptocurrency What YOU Can Do The first essential step in buying Ripple is, well, knowing where to buy Ripple. Unfortunately, not every cryptocurrency exchange has Ripple, but there are alot of other exchanges where you can get them fix. A cryptocurrency wallet is a place to digitally store, send, or receive cryptocurrency via having a special key. Making Payments Payment Options Making payments with cryptocurrency can be difficult because companies are hesitant about taking them. This process has become easier with card linking options. Users can link their digital wallet to a prepaid card that converts their finances to a new currency. What you can use so companies can process your cryptocurrency - Skrill Quick Checkout - Coinbase Is it real ? Can you make money with cryptocurrency. Yes, with mining. When considering how to make money with cryptocurrency, mining is one of the methods that always comes up. Mining cryptocurrency is one of the best ways to make money with altcoins as it's extremely passive: just invest in the equipment, set it up, and let it run. Are you really anonymous when using a cryptocurrency? Make new addresses for every single transaction you make. Most people are lazy and when paying for something in cryptocurrency they will use the same public address as they did for the last transaction. ... But even in the modern world of cryptocurrency regulation, you can still stay anonymous. Are you really anonymous? Can you lose Bitcoin or another cryptocurrency? There are several ways you can lose Bitcoin. Like WIRED, you can simply lose track of your private key or your hard drive. ... This is the most common way to lose Bitcoin; even Elon Musk tweeted that he forgot how to access a portion of a coin. Can you use it? How likely is cryptocurrency to become a major payment network? The future of cryptocurrency and XRP remains unknown. If it is to be successful, the market volatility of cryptocurrency will need to be drastically reduced and security will need to be improved. Nonetheless, cryptocurrency does hold interesting potential. Will it be a new currency? Is the Use of Your Crytocurrency Legal Cryptocurrencies are not legal tender in any jurisdiction; they, unlike the conventional currencies issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market. Is Crytocurrency Used For Illegal Activities. Yes it can be , let me explain Is it Legal? Ripple price Ripple is worth $0.0373 us dollars. Whats it worth.