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Презентация на тему Introduction and Overview of Bitcoin

AGENDAWhat is BitcoinBackground on BitPayBenefits of Using BitcoinRegulatory/Compliance Challenges
Introduction and Overview of BitcoinAnjali KamathGeneral Counsel and Compliance Manager AGENDAWhat is BitcoinBackground on BitPayBenefits of Using BitcoinRegulatory/Compliance Challenges Satoshi NakamotoAttributed with the creation of Bitcoin, a type of cryptocurrencyPublished Whitepaper What Exactly is Bitcoin?Digital Currency: A form of currency or medium of Where do you store them?Bitcoin storage devices are referred to as wallets.Web-based How do you acquire Bitcoin?MiningExchangesIndividualsIn exchange for goods/services the BlockchainThe blockchain is a public ledger of all bitcoin transactions in the bitcoin network. WHO WE ARE BitPay is a Merchant Processor, providing payment processing solutions WHO WE ARE World’s first bitcoin payment processing gatewayOnly service businessesWallet agnosticGuaranteed SAN FRANCISCOATLANTAAMSTERDAMBUENOS AIRESTUCUMANMay 2011BITPAY FOUNDED70EMPLOYEES WORLDWIDE$32,700,000CAPITAL RAISEDIndex VenturesFounders FundHorizons VenturesRRE VenturesFelicis VenturesTTV How does it work? Why Bitcoin?No chargebacksNo risk of fraud or identity theftAnonymous (to a certain BitPay’s Compliance Program ANY QUESTIONS?
Слайды презентации

Слайд 2

AGENDA
What is Bitcoin

Background on BitPay

Benefits of Using Bitcoin

Regulatory/Compliance

AGENDAWhat is BitcoinBackground on BitPayBenefits of Using BitcoinRegulatory/Compliance Challenges

Challenges




Слайд 3 Satoshi Nakamoto
Attributed with the creation of Bitcoin, a

Satoshi NakamotoAttributed with the creation of Bitcoin, a type of cryptocurrencyPublished

type of cryptocurrency
Published Whitepaper in 2008:
“Bitcoin: A Peer to

Peer Electronic Cash System”
Name is an alias; True identity unknown

Слайд 4 What Exactly is Bitcoin?
Digital Currency: A form of

What Exactly is Bitcoin?Digital Currency: A form of currency or medium

currency or medium of exchange that is electronically created

and stored.
Cryptocurrency: A type of digital currency that uses cryptography for security and anti-counterfeiting measures by securing the transactions and controlling the creation of new units.
cryptography: a method of storing and transmitting data in a particular form so only those for whom it is intended can read and process it.

Слайд 5 Where do you store them?

Bitcoin storage devices are

Where do you store them?Bitcoin storage devices are referred to as

referred to as wallets.
Web-based (Hot wallet)
Software
Offline storage- USB, paper,

etc (Cold wallet or cold storage)
External hardware device

Слайд 6 How do you acquire Bitcoin?




Mining
Exchanges
Individuals
In exchange for goods/services

How do you acquire Bitcoin?MiningExchangesIndividualsIn exchange for goods/services

Слайд 7 the Blockchain
The blockchain is a public ledger of

the BlockchainThe blockchain is a public ledger of all bitcoin transactions in the bitcoin network.

all bitcoin transactions in the bitcoin network.


Слайд 8
WHO WE ARE


BitPay is a Merchant Processor,

WHO WE ARE BitPay is a Merchant Processor, providing payment processing

providing payment processing solutions for Merchants wanting to accept

bitcoin as payment for goods and/or services.
We currently offer:
Point of Sale Apps for retail stores
Online solutions for ecommerce



Слайд 9
WHO WE ARE


World’s first bitcoin payment processing

WHO WE ARE World’s first bitcoin payment processing gatewayOnly service businessesWallet

gateway

Only service businesses

Wallet agnostic

Guaranteed exchange rate

No transaction fees or

chargebacks

Daily bank settlement in 9 currencies and 33 countries



Слайд 10
SAN FRANCISCO





ATLANTA
AMSTERDAM
BUENOS AIRES
TUCUMAN
May 2011
BITPAY FOUNDED
70
EMPLOYEES WORLDWIDE
$32,700,000
CAPITAL RAISED
Index Ventures
Founders

SAN FRANCISCOATLANTAAMSTERDAMBUENOS AIRESTUCUMANMay 2011BITPAY FOUNDED70EMPLOYEES WORLDWIDE$32,700,000CAPITAL RAISEDIndex VenturesFounders FundHorizons VenturesRRE VenturesFelicis

Fund
Horizons Ventures
RRE Ventures
Felicis Ventures
TTV Capital
Richard Branson
Jerry Yang



60,000
MERCHANTS

WORLDWIDE

Слайд 12 How does it work?

How does it work?

Слайд 13 Why Bitcoin?

No chargebacks
No risk of fraud or identity

Why Bitcoin?No chargebacksNo risk of fraud or identity theftAnonymous (to a

theft
Anonymous (to a certain extent)
You own it and no

one can take it away from you
Ease of use: Fast, secure, and global; little to no fees
Not subject to inflation
Accessible to the “unbanked”

Слайд 14 BitPay’s Compliance Program

BitPay’s Compliance Program

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