Bitcoin is a decentralized digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious and pseudonymous Satoshi Nakamoto. The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms do, and unlike government-issued currencies, it is operated by a decentralized authority.
Bitcoin is known as a type of cryptocurrency because it uses cryptography to keep it secure. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to. All Bitcoin transactions are verified by a massive amount of computing power via a process known as mining. Bitcoin is not issued or backed by any banks or governments, nor is an individual bitcoin valuable as a commodity. Despite it not being legal tender in most parts of the world, Bitcoin is very popular and has triggered the launch of hundreds of other cryptocurrencies, collectively referred to as altcoins. Bitcoin is commonly abbreviated as BTC when traded.
The Bitcoin system is a collection of computers (also referred to as nodes or miners) that all run Bitcoin’s code and store its blockchain. Figuratively speaking, a blockchain can be thought of as a collection of blocks. In each block is a collection of transactions. Because all of the computers running the blockchain have the same list of blocks and transactions and can transparently see these new blocks as they’re filled with new Bitcoin transactions, no one can cheat the system.
Balances of Bitcoin tokens are kept using public and private keys, which are long strings of numbers and letters linked through the mathematical encryption algorithm that creates them. The public key (comparable to a bank account number) serves as the address published to the world and to which others may send Bitcoin.
This template can be used by leaders of high-tech startups in preparation for meeting with investors. For example, you can describe the process of providing bitcoin payment services that your new application provides. Also, this template can be used by investment companies when preparing information about bitcoins for potential investors.
Financiers and economists can also use the slides of this template in their daily work. For example, you can prepare a comparative analysis of the value of major currencies, precious metals and bitcoins. University professors can use this template to prepare courses on investment types or new financial instruments. Financial analysts and stock traders can also use this template when preparing information for a client about quotes in the financial market.
Bitcoin Powerpoint Template is a stylish and professional template that contains four slides. All slides in the template can be easily customized to suit your corporate color requirements. Bitcoin Powerpoint Template will be useful for heads of banks and investment companies, startup directors and economists. This template’s slides will be a great addition to your professional presentation collection.