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Understanding Blockchain Technology

The document is a seminar presentation on Blockchain Technology, detailing its definition, advantages, disadvantages, and real-life applications. It also covers the history of Bitcoin and distinguishes between Bitcoin and blockchain technology. The conclusion emphasizes blockchain's potential for providing a secure and trustworthy decentralized database.

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mytab9100
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11 views16 pages

Understanding Blockchain Technology

The document is a seminar presentation on Blockchain Technology, detailing its definition, advantages, disadvantages, and real-life applications. It also covers the history of Bitcoin and distinguishes between Bitcoin and blockchain technology. The conclusion emphasizes blockchain's potential for providing a secure and trustworthy decentralized database.

Uploaded by

mytab9100
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

BACHELOR OF TECHNOLOGY

IN
INFORMATION TECHNOLOGY

HEMVATI NANDAN BAHUGUNA GARHWAL UNIVERSITY (SRINAGAR


GARHWAL)
( A CENTERAL UNIVERSITY )
Seminar
Submitted to : Submitted By
Dr. Varun Barthwal Arman
(Head Of Department) IT 5th semester
(Department of IT)
BLOCK CHAIN
TECHNOLOGY
Contents

• What is Blockchain Technology


• Why We Use Blockchain Technology ?
• Real Life and Industrial Examples
• History Of Bitcoin
• Blockchain and Bitcoin
• Future Scope
• Advantage Of Blockchain
• Disadvantage Of Blockchain
• Conclusion
• Refrence

3
What is Blockchain Technology?

Blockchain technology is
a way of storing and
sharing data across a
network of computers
without a central
authority. A blockchain is
a growing list of data 4
Why We Use
Blockchain
Technology ?
• It is an immutable public
digital ledger, which means
when a transaction is
recorded, it cannot be
modified.
• Due to the encryption feature,
Blockchain is always secure.
• As it is a decentralized
system, no intermediary fee is
required.
Real Life and
Industrial
Examples
Real time examples :
• Voting System

Industrial examples :
• Walmart
• Microsoft
History Of Bitcoin

2008 2009 2010 2011


Idea was published First
under the Start of the One Bitcoin
cryptocurren
pseudonym Bitcoin equals one USD
Satoshi Nakamoto cy stock
Network exchange is
launched
History Of Bitcoin

2013 2014 2017


Microsoft 1 Bitcoin
1 Bitcoin accepts equals
equals Bitcoin 10,000
100 USD USD
9
Blockchain and Bitcoin

Bitcoin ≠
Bitcoin isBlockchain
an Blockchain is the
application of underlying data
blockchain structure , which
technology can be used for
many things,
including
cryptocurrencies

1
Job Role Scope

• Blockchain Quality
Engineer
• Blockchain Develop
• Blockchain Analysts
• Blockchain UX
Designer
• Blockchain Project
Manager
Advantages of
Blockchain
• Transparency
• Security
• Privacy
• Data is immutable
Disadvantages
of Blockchain
• Difficulty with Updates
• Slower process
• High cost
• Self maintenance
Conclusion
Blockchain technology
can be used to provide
a distributed database
that relies on a P2P
network and provides
the high level of trust ,
availability and
reliability without
needing a trusted third
party.
Refrence
• Google

• lockc[Link]
.org/bhain/
• [Link]

• Youtube

• [Link]
watch?v=YJyXfjbBmc8

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