Blockchains & Cryptocurrencies chernozem'ya

This time I met again to gather people who know nothing about crypto-currencies. I did this to find like-minded people who have the same interest to learn about new opportunities and be among the first. The meeting took place, the place was terrific, and the soul society gathered.

The meeting was attended by 8 people, among whom was a girl who visited him for the second time, her name is Natalia, she already knew about the crypto-currencies since the last meeting. So she became my assistant to tell other newcomers about the world of crypto currency. At this meeting was a guy from a nearby city. He was forced to reach his destination longer than the rest. Without this, we did not start discussions, there was time for acquaintance. I prepared for the speech, and at that time everyone was drinking tea.
The following issues were discussed today:
How to invest in crypto currency? For many people, the concept of crypto currency is related to the concept of "gambling". According to depositors, crypto-currencies are speculative and unreliable. But this sphere is growing, and for the current period the total market capitalization of all the crypto currency is almost 470 billion dollars. This figure exceeds last year's 12 times. The main thing is to do it wisely. Success is guaranteed for market participants who followed every move of the crypto currency, followed the news and constantly looked for new opportunities for themselves.
What is Blockchain? It is based on reliable mathematical algorithms and can provide unprecedented security of transactions using the cryptographic method. Private enterprises, medium and large enterprises can benefit greatly from the use of this technology.
Blockchain is a distributed database that supports an ever-growing list of encrypted data without intervention or revision. The distributed Blockchain model is completely ideal from the point of view of digital and mathematical transformation. This is an innovative model that can create a fundamentally new unique way of processing financial transactions.
During the discussion, we thought about where to use the Blockchain technology. The guys were interested in the conversation, actively quoting the examples.
For example, banks currently use the SWIFT system, which is currently the only generally accepted method of data transmission for the financial sector. In the SWIFT system, banks must maintain relationships with other banks for complete data transfer.
Speed becomes an important part of our whole life, everything around us goes very quickly. Time is money for everyone. Customers are willing to pay a higher commission for prompt processing of transactions. Banks are forced to process such transactions in priority order. Satisfying the needs of customers is the ultimate goal of each bank. To this end, banks are forced to implement innovative solutions that provide the best cost and rapid settlement of transactions using customer funds.
To meet customer expectations and effectively manage finances, banks need an innovative solution, this is Blockchain
Financial and non-financial institutions can use this new method not only to systematize accounting, but also for many other functions. Below are some areas where Blockchain has the potential to provide transparency, security and high processing speed:
• Reporting and audit
• Handling requests and responses
• Exchange trade and markets
• ATM and POS, real-time transaction processing
• Internet banking, clearing and settlement
• Proof of Ownership
• And much more.
From the conversation it became clear to me that the guys began to understand the essence and that I was doing everything right.

We talked about the exchange. What are the differences between centralized and decentralized exchange, what are the advantages of the latter and which ones to choose. Bitsquare, RuDEX, Bitshares were considered in detail.
We could talk forever, but time passed quickly, and we did not notice how we sat for 4 hours. There were many interesting topics. We had a good time, and, most importantly, it was useful. Thank you, guys, for the interest shown to this meeting. We will keep in touch between us.