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A MASTER CLASS ON THE TOPIC “BLOCK CHAIN AS AN AMPLIFIER OF TRUST AND SAVINGS” WAS HELD AT THE GRADUATE SCHOOL

May 8, 2019 in the Republican Higher School of Business and Management held a master class on the topic "Block chain as an amplifier of trust and savings." Professor Asher Idan from the Israeli University, who is in the Top 100 Universities of the World, spoke as a speaker.

The block chain technology underlying bit coin crypto currency is attracting more and more attention. The workshop participants got a unique opportunity to find out what a crypt currency is, how the crypto currency market is organized, what crypto trading is, what is the effectiveness of the technical and fundamental analysis, and the history of the emergence of Bit coin.

For reference: Bit coin is a kind of digital asset, virtual money. However, today this currency has a solid capitalization (from 350 billion dollars). At the same time, there is a huge amount of controversy that Bit coin is not confirmed by anything. Nevertheless, if you look at history, you can see that the only country that provides its national currency with gold is Switzerland. All other countries have long abandoned this. Therefore, we can conclude that the lack of security is not a global minus for crypto currency.

Today, crypto currency is one of the most popular areas in the field of finance. Every day, millions of traders, hedge funds and banks conduct multi-million dollar and multi-billion dollar transactions and operations on the global crypto currency market. People of all ages, wanting to get a new profession and new opportunities, are increasingly interested in this topic and go to the crypt currency market. Crypto trading gives you a chance to earn money from anywhere in the world.

After the end of the main program, the second part of the master class was started - the Q & A session, where everyone could ask the speaker a question of interest. The information told by Professor Asher Idan aroused great interest among listeners and many questions were asked such as the introduction of block chain technology into the tax system, aspects of security of block chain technology, the effect of digitalization on employment, etc.

This master class brought clarity to a new and rapidly progressing sphere in the economy and not only.