How digital currency will shape the future
                     H O W   
D I G I TA L   
C U R R E N C Y   
W I L L  
S H A P E   T H E  
F U T U R E
INTRODUCTION
Digital currency, also known as cryptocurrencies,  
has been making waves in the last few years. The  
most popular forms of digital currency are 
Bitcoin  and Ethereum, but others include Ripple, 
Litecoin,  Monero, and many more. Digital 
currencies have no  physical form—in fact, they 
only exist digitally. They  are not printed or 
minted like paper money; instead,  they are 
mined by high-power computers using  complex 
algorithms and software programs. It may  sound 
rather obscure today, but digital currency  could 
very well shape the future of our society if it  
catches on with consumers and businesses alike.
WHAT IS  
CRYPTOCURRENCY
?A cryptocurrency is a medium of 
exchange  using cryptography to secure 
transactions,  generate new units, and 
verify balances.
Cryptographic forms of money are a 
subset  of elective monetary standards, 
explicitly  computerized monetary 
standards. Bitcoin  became the first 
decentralized  cryptocurrency in the world 
in 2009. Since  then, FibitPro and many 
more  cryptocurrencies have been 
created.
IS IT 
SomSe EconCsumUerRs mEigh?t hesitate to use a  
cryptocurrency because they fear it’s not  
secure enough. The blockchain 
technology  that allows bitcoins to exist is 
almost  impossible to hack, but you need 
an internet  connection and don’t have a 
physical wallet;  once your money is 
gone, there isn’t much  you can do. On 
top of that, many merchants  simply 
prefer using PayPal or credit cards—  
some retailers still aren’t equipped with  
alternative forms of payment.
THE FUTURE OF  
CRYPTOCURRENCIES
In today’s fast-paced, high-tech world, it seems that almost  
everything can be done over a computer or smartphone. But 
how  many of us are also aware of how much our financial lives 
have  been revolutionized by technology? The credit card made 
our  money portable; PayPal made it virtually free and easy to 
transfer  funds between people all over the world in seconds. 
And mobile  banking turned checks, cash, and credit cards 
into relics of a  bygone era.
RISKS  
INVOLVE IN 
 DIGITAL  
CURRENCY
Digital currencies are still new and, as such, come 
with  risks of their own. For example, they can be 
stolen  from digital wallets and exchanges that hold 
them.
Users can also buy or sell coins at unfavorable 
rates if  there’s too much demand for a specific 
coin. They can  even become subject to regulation 
by governments  around the world because of their 
popularity with  users who want to keep transactions 
private.
THAN OFFICE Business Center, 2, 3, 4 flr Laxmi Mata 
mandir
K  chowk Balewadi, Pune 411045 MH India+91 8800212414
www.fibitpro.com
YOU
We look forward to 
working  with you