CEX.IO company blog | The future is today – a brief introduction to the world of cryptocurrencies with Dmitry Volkov

Technical director of the international crypto exchange CEX.IO Dmitry Volkov spoke for the Perceptron channel in simplein words, about what cryptocurrencies are andblockchain, tokens, mining, etc. How to invest in this area, how countries and regulators around the world treat it, and how digital currencies affect the global economy.

Timeline video:

0:20 - on how cryptocurrencies and blockchain work
6:09 – functioning of crypto exchanges
9:23 – the role of cryptocurrencies in international finance and payments
11:19 – cryptocurrency and taxation
12:28 – about how cryptocurrency mining works
17:24 – reasons for the growth of new cryptocurrencies
19:31 – decentralization of cryptocurrencies and mining pools
23:49 – investments and loans in cryptocurrency
28:09 – how blockchain algorithms are written
31:54 – about guarantees for the preservation of investors’ cryptocurrencies
33:50 – which businesses should take a closer look at blockchain technology
37:51 – where lies the future of financial systems and businesses
39:05 – interaction between central banks and cryptocurrencies
40:18 – about the regulation of cryptocurrencies in the world
45:42 – about the design of NFT tokens
49:18 – the issue of environmental friendliness of mining and energy consumption
54:08 – further development of the crypto industry and blockchain
56:40 – about the security of the CEX.IO system