India's largest platform and marketplace for GCC & AI leaders and professionals

Sign in

India's largest platform and marketplace for GCC & AI leaders and professionals

3AI Digital Library

All You Need to Know about Cryptocurrencies & NFT: A Beginner’s Primer

May 16, 2021

Kamlesh Parikarath
Blockchain Architect, Persistence

Cryptocurrencies are fast emerging as a viable means to Digital Currency and everyone is rushing to understand the mechanics behind it. The creation of Bitcoin introduced the concept of trustless, digital scarcity. Before it, the cost of replicating something in the digital world was next to nothing. With the advent of blockchain technology, programmable digital scarcity has become possible – and it’s now being used to map the digital world to the real world.

Non-fungible Tokens (NFTs), also often referred to as crypto collectibles. Unlike cryptocurrencies, where all tokens are created equally, non-fungible tokens are each unique and limited in quantity. NFTs are one of the key building blocks of a new, blockchain-powered digital economy. Several projects are experimenting with NFTs for a variety of use cases, such as gaming, digital identity, licensing, certificates, and fine art. What’s more, they can even allow fractional ownership of high-value items.

In a first part of three series session, Kamlesh Parikarath, an expert in blockchain will demystify the meaning of cryptocurrencies & NFT and will simplify the nuances around the terminologies and jargons . A must attend session !

    3AI Trending Articles

  • Unlocking HR Potential: The Transformative Benefits of Generative AI in Human Resources

    Featured Article: Author: Vipin Verma, Orange Business Services Introduction to Generative AI in Human Resources Human Resources (HR) is a critical function in any organization, responsible for managing and developing the most valuable asset: the workforce. With the advancements in technology, particularly in the field of Artificial Intelligence (AI), HR has the opportunity to unlock […]

  • AI propels progress for the differently abled

    AI or Artificial Intelligence is a Data Science Function that trains the computers to learn through experiences and perform tasks at cognitive levels adjusting to certain inputs. Artificial Intelligence is a field of Data Science and over the years it has emerged as a significant function across all businesses. AI or Artificial Intelligence is a […]

  • Three Avenues to foster an edge to win in Digital Business

    Digital business is the creation of new business designs by blurring the digital and physical worlds. It promises an unprecedented convergence of people, businesses and things that changes existing business models and creates new revenue opportunities. Executing digital business will require a digital platform that evolves as business opportunities and threats change. Also, to enable this, […]

  • Cloud4C and Google Cloud to build CoE for SAP and Anthos

    The partnership aims to enable enterprises to accelerate their digital transformation journey on the cloud. Cloud4C, a cloud managed services provider, is collaborating with Google Cloud to build a Centre of Excellence (CoE) for SAP and Anthos by Google Cloud. The center of excellence (CoE) will equip businesses with capabilities to modernize mission critical IT infrastructure and applications, while […]