NAME : PRIYANKA JAINROLL NO. : 319EPSILON

EVOLUTION

WHAT IS BITCOIN? Digital Currency Open source medium Divisible down to 0.00000001 BTC Max. 21 million can be issued No govt. control

WHO CREATED IT?

SATOSHI NAKAMOTO

HOW DOES THE BITCOIN WORK?

BITCOIN MINING

BITCOIN IN THE PERFECT WORLD~ All electronic Fast transactions Low cost transactions No third party trust is required Decentralized Can be used to buy any products or

services.

NEGATIVE IMPACTS Money laundering Terrorism No government control Money loss

BITCOIN IN INDIA ! Provides great benefits like lower

transaction fees, no chargebacks , easy payments etc..

Widely used in e-commerce 1 UNOCOIN = 39401 RUPEES