Introduction to Cryptocurrency and Decentralized Technology
This presentation will get your feet wet with all things Blockchain - including how it is currently being applied to your everyday life without you even knowing. We'll dig deep into what makes a Blockchain, how it's different from a regular database, and how it will change the world. We'll also explore possible careers and advancements in Blockchain and Distributed Ledger Technology. Finally, we will dive into potential use cases of the technology and how solving the existing drawbacks of current systems will open up new opportunities for entrepreneurs, companies, and individuals.
Bitcoin reinvents the concept of money. Although the concept by itself may have some limitations, it has opened the door for innovation in an alternative financial system. We want to bring this concept to young students and entrepreneurs and encourage them to pursue this field.
What you will learn
• What is Cryptocurrency?
o The Origins of Crypto
o Crypto vocabulary
• How do Cryptos work?
o Blockchain Defined
• What is Blockchain?
o Understand very basics of Blockchain
o See how the tech works behind it
o Security
o Get an example of a real use case in the real world
o Brainstorm for a bit of how Blockchain could be applied in your industry
• Understand concepts of the Blockchain and Cryptocurrencies
• Realize the importance of Cryptocurrencies in our future
• An overview some of the most important Cryptocurrencies
o Bitcoin
o Etherium
o Litecoin
o Ripple
• What can you do with Cryptocurrency?
o Buy products
o Invest & Trade
o Mine
o Accept as Payment
• Know the opportunities that come along with the Blockchain Technology
o Which industries will Blockchain disrupt
• Advantages and Disadvantages of Cryptocurrency
• How do you buy Cryptocurrency?
o with Coinbase:
o Learn how to purchase your first Bitcoin, Litecoin, or Ethereum
o Learn how to move Cryptocurrencies within the ecosystem
o Secure your investments off of exchanges
• How do you store Cryptocurrencies?
• Public Address
• Private Address
• Online Wallet
• Mobile Wallet
• Desktop Wallet
• Hardware Device Wallet
• Paper Wallet
• Apps for Tracking and Monitoring Cryptocurrency Prices
o CoinMarketCap
o Blockfolio
o Delta
• What can affect the price of Cryptocurrency?
o Supply & Demand
o Mining Difficulty
o Utility
o Platform Applications
o New Exchange Listing
o Market News
o Community Opinion
o Upgrades & Announcements
o Government Regulation
o Pump & Dump Schemes
o F.U.D.
• Crypto FAQ
o How does Bitcoin work? What makes Bitcoin different? How secure are your Bitcoins? How anonymous are Bitcoin users? What determines the price of Bitcoins? Can cryptocurrencies be regulated? What might the future hold?
Reference articles:
Crash Course on Cryptocurrencies
