Bengaluru Crypto Summit: The Crypto Token Advisory Workshop
Are you someone who is interested in cryptocurrency and tokens? But do you have complete knowledge about these concepts? If not, then you have a great opportunity to be a part of the Tokenization workshops. These workshops will be held around you in this month.
Before we dive into the depth of these workshops, let’s get started with what are crypto tokens and what is tokenization…
While cryptocurrency is a superset, all other altcoins and crypto tokens are its subsets. Cryptocurrency is a standard currency which is helpful for making or receiving payments on the blockchain.
Tokenization aims to swap sensitive data with a randomized number in the same format, with no intrinsic value of its own. Usually, the encrypted numbers can be decrypted using an appropriate key through brute computing force, or through a hacked/stolen key.
Eventually, Tokenization is the process of removing sensitive data from your business systems. This is then replaced with an undecipherable token, which can store the original data in a secure cloud data vault.
Basically, cryptocurrencies and altcoins are specific virtual currencies having their own blockchain and will be useful as a medium for digital payments. These crypto tokens are created, distributed, sold and circulated through the Initial Coin Offering process.
Recently, on May 31 the tokenization workshop was held at Bangalore. The workshop aimed to provide all its audience with best market practice and insights for the legitimate issuance, distribution, private offering and management of securities in a digital form. This workshop was a great success creating a brilliant awareness about crypto tokens among all the crypto enthusiasts present in the workshop.
The Bengaluru Crypto Summit is also scheduled to be held at various other locations in India. The dates and the locations of the upcoming event are mentioned below:
- 29 July 2019 – Mumbai
- 31 July 2019 – Bangalore
- 2 August 2019 – Chennai
- 3 August 2019 – Hyderabad
- 5 August 2019 – Delhi
If you’re waiting for a power pact workshop filled with all the information related to cryptocurrency and tokens, then the Bengaluru Crypto Summit will be the best for you!!!
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