How Cryptocurrency Can Disrupt Financial Industry Training Ppt

Slide 1

This slide delineates the five ways in which cryptocurrency has impacted the financial industry. Some of these include reduced reliance on fiat money, ease in overseas transactions, elimination of the need for a central regulatory agency, elimination of problems concerning remittances, and providing a new form of crowdfunding.

Slide 2

This slide discusses how the increased adoption of cryptocurrency has led to reduced reliance on fiat money. Cryptocurrencies are substituting fiat money at a rapid and increasing pace. Cryptocurrencies are immune to the political and financial problems that plague fiat money.

Slide 3

This slide talks about the increased overseas transactions as an impact of cryptocurrency on the financial industry. People may use cryptocurrencies without bank accounts; many of them are from developing nations with weak economies. They can now conduct financial transactions using cryptocurrencies like Bitcoin. Another appealing feature is how transaction fees. Cryptocurrencies are breaking down the barriers international banking institutions had erected.

Slide 4

This slide talks about how the introduction of cryptocurrencies has eliminated problems related to remittances. Cryptocurrencies get around the isolationist policies of some governments, which make it impossible for citizens to transfer money internationally. These have made it easier to send and receive money across the globe.

Slide 5

This slide talks about how the introduction of cryptocurrencies has eliminated the need for a central regulatory agency. The elimination of such central agencies results in a new market structure where a central authority does not influence the money market, money supply, and inflation

Slide 6

This slide highlights how cryptocurrencies have provided a new form of crowdfunding. This novel method is referred to as crypto equity financing. Investors acquire coins that are treated as stock in a firm. As a result, the investor owns a portion of the company. The coin's worth rises in tandem with the company's value and vice-versa.