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Blockchain
Cryptocurrency
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By: LIM CHI YAN
Student D: 1703390

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What is...
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Blockchain
• Database
• Technology
• Introduced in 1991 by Stuart Haber and W. Scott Stornetta
• It is used in many industries, for example:
-Walmart, Apple Inc, Toyota Motor Corp, etc
Cryptocurrency
• Digital payment system
• Examples of cryptocurrency: Bitcoin
• It became popular in 2009

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Cryptocurrencies and the Future of Finance

Benefits that cryptocurrency's system offers to financial system

SECURITY Transaction cannot be forged Transmitted in extremely high security network Financial records can be traced

ACCESS &  EFFICIENCY Instant access anywhere Lower transaction cost Fast processing transaction

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Allow anonymity Data transmitted is hidden Ensure data protection

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Healthcare Patient’s encrypted health information could be shared with multiple providers without the risk of privacy breaches.  Financial services Faster, cheaper settlements could save billions of dollars from transaction costs while improving transparency. Automotive industry Being explored by automakers to improve security in increasingly connected vehicles. Manufacturing industry Increase transparency through all stages of the industrial value chain, from sourcing raw materials to delivering the finished product.

T4 Blockchain & Crypto currencies

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