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

Sign in

India's largest platform and marketplace for AI & Analytics leaders & 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

  • AI – Insights for Telco industry

    Featured Article: Author: Sandeep Sudarshan, CTO – Telecom, Capgemini UK The Communications sector has seen disruptive changes in the last decade from being a basic telephony and SMS provider to a quad play operator under intense competition from media and hyperscalers and OTT innovators. As the market is gearing itself for 5G high speed low […]

  • Commerce Ministry notifies Rs 945 crore seed fund for startups

    DPIIT said that preference would be given to startups offering solutions in sectors including social impact, waste management, water management, financial inclusion, education, agriculture, food processing, biotechnology, healthcare, energy, mobility, defence, space, railways, oil and gas, textiles, etc.   The government has approved the Rs 945-crore Startup India Seed Fund Scheme (SISFS) for the period […]

  • How Augmented Analytics is Transforming the Analytics Ecosystem

    Author:  Sidharth Sivasailam, Vice President – Products, Course5 Intelligence | LinkedIn – https://www.linkedin.com/in/sidharthsiva/ The world of Business Analytics is at an inflection point. Trillions of bytes of data are being generated every day; however, companies continue to struggle with harmonizing this data, analyzing the data of various shapes and sizes they are storing, determining what’s […]

  • Ways Digital Transformation is Changing Customer Experience

    Featured Article Author: Sidhartha Shishoo, SG Analytics  In today’s hyper-connected world, digital transformation has become more than just a buzzword—it’s a strategic imperative for businesses across sectors. As companies strive to meet evolving customer expectations, they’re leveraging technology, analytics, and AI to reshape the customer experience landscape. Let’s explore how this digital revolution is unfolding […]