The ABC's of Blockchain and Cryptocurrency

“Innovation—any new idea—by definition, will not be accepted at first. It takes repeated attempts, endless demonstrations, monotonous rehearsals before innovation can be accepted and internalized by an organization. This requires courageous patience.” —Warren Bennis

We have been talking about blockchain, cryptocurrency and their innovative applications and until now we never spoke in detail about them. Yes, we know that blockchain is a digital ledger that stores data. It seems complicated, and it can be, but believe me, its core concept is quite simple. A blockchain is a type of database. And to be able to understand blockchain, you first need to understand what a database is. On the other side, we hear many times about digital currency, cryptocurrency, regulations, CBDC. Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies uses or incorporates blockchain technology to gain decentralization, transparency, and immutability – the 3  core principles of cryptocurrency. I am sure now that many of you driven from curiosity and eagerness to learn, might take a step forward and ask further questions to learn more,  but unfortunately on the other side, many of you might take a step back and do not even try to get to know what I am talking about, for the only reason that it sound complicated! But in the time that we live in, in the era of technology and internet, all your questions can be answered, by simply google it, and in the era of knowledgeable people, of real experts, innovation and simplicity become your best friends.

“Innovation comes from saying NO to 1000 things. “- S. Jobs and “will survive only when people believe in their own ideas. “- L. League.

In today’s episode, I have a special guest. A real expert with a deep knowledge in finance, hedge funds, crypto market and blockchain. I have the great pleasure to present you, exclusively from Paris for Crypto Untangled, Imad Warde, the CEO of HedgeGuard. For about 30 minutes, Imad will explain to you the ABC’s of Blockchain and everything you need to know about Cryptocurrency and its implications in the simplest way.

Imad Warde, the CEO of HedgeGuard, explained in a very simple and detailed way the idea behind blockchain, cryptocurrency and their implications in the financial market. Why developed countries are embracing the digital currency and what is the innovative idea behind their creation and system adaptation. Especially, Imad explained the positive effects that the implication of a digital currency could have in countries with financial problems such as Lebanon as a weapon against bribery and corruption.

HedgeGuard is a portfolio management solution designed to help businesses dealing with hedge funds, assets management, family offices and crypto funds. It is the best combination of Portfolio Management System and Middle Office outsourcing Service, designed for traditional, crypto or hybrid funds!

With offices in London, Sydney, Paris and Beirut, the HedgeGuard team works closely with a wide range of hedge funds, asset managers and family offices. They work alongside their clients through the different stages of their growth, providing them with the tools necessary to achieve their goals.

For more details about HedgeGuard, please go to their official website hedgeguard.com, follow them on Twitter @hedgeguard and on LinkedIn by simply searching HedgeGuard Financial Software.

Crypto Untangled is brought to you by CryptoNews Lebanon, a media website aiming to spread knowledge, information and news about all ins & out of crypto market and adaptation of blockchain into the MENA Region. So, if you are interested to hear more about the latest news and current updates, please go to cryptonewslebanon.com

Thank you again guys and till the next episode, take good care of yourself, stay positive, embrace knowledge and remember:

“Ultimately, progress and innovation will always win.” - T. Kalanick