1. Presented at S.P. Jain School of Global Management
Cryptocurrencies
Presented at S.P. Jain School of Global Management
20th May’2018
By:
Amey Surendra Gangal
Rakesh Sangameswaran
Gangacharan Gopishetty

2. Agenda
WePower (WPR)
Petro (PTR)
Tronix (TRX)
Zcash
IOTA

3. We Power (WPR) Industry Energy Platform use case Green Energy Trading
Platform built on
Ethereum
Business Model
Clean energy producers create tokens that they can sell to consumers of that energy, one energy token = 1kwh
Sale is through bids
- Contract between energy producer and consumer to supply energy in the future
Money raised in selling tokens is used to build the clean energy power plants by pre-selling energy
Benefits for energy producers
Fundraising lifecycle reduced
Consumers already available

4. We Power (WPR) ICO Completed 14th Feb’2018
WPR tokens issued as part of fund raising, USD 40 million raised
Token type
WPR is a utility token
- Priority access to bids
0.9% of energy tokens produced
Ownership rationale
0.9% of renewable energy accrues to WPR token holder
sell on wholesale market or use when available
as amount of energy accrued increases, WPR price increases
Use of funds
45% Development of platform
25% Expansion
15% Energy market
15% Integration
Token availability
55% Token sale
20% Team
15% Community growth
10% Future

5. Petro (PTR) Industry Sovereign cryptocurrency from Venezuela Use case
Circumventing U.S sanctions
Supplementing the plummeting fiat currency
Platform built on
NEM
Underlying asset
297 billion barrels of oil reserves
Orinoco Belt has 652 billion barrels from oil sands
Issuance challenges
Incorrect/inconsistent information in the white papers
Relatively unknown Russian coders and marketing companies involved
Looking abroad, offering discounts (e.g. 30% discount offered to India)
Exchanges have avoided
Looks like a scam

6. Tronix (TRX) Industry Entertainment Platform use case
Digitial content marketplace
Platform built on
Ethereum (for now)
TRON MainNet (from May 25th) with 10,000 TPS speed
Business Model
Eliminate middlemen between content creators and consumers
TRON 20 token issuance
Content creators can also issue their own tokens
ICO
Issued between 3rd Aug’2017 to 24th Aug’2017
USD 80 billion

7. Vision - To be the platform for machine-to-machine (M2M) transactions

8. Facts & Figures 11th June 2016 Launched 2,779,530,283,277,761
Total Coin Supply 9
Rank
$4.83 B
MARKET CAP 
Proof of Work (PoW)
Version of SHA-3
Algorithm
No blocks
Verify two transactions to submit your own transaction
Block time/reward
IoT grew to 8.4 billion devices.
The outlook for future growth is exponential.
Gartner Report on IoT (2017)

9. IOTA - Internet of Things Application
IOTA is a cryptocurrency based on tangle technology that focuses on an instant, feeless payments for the Internet of Things.
it’s a new crypto technology that facilitates transactions between devices on the Internet of Things (IoT)
IOTA addresses the transaction fees and scalability issues of blockchain technologies by getting rid of the block and chain.
Tangle proponents believe that its promise of infinitely scalable, feeless payments make a strong case for its superiority over Blockchain
In order to submit a transaction to the IOTA ledger, you must verify two other previous transactions. This method of verification means there’s no central ledger, and there’s no need for miners to power the network
As the devices on the network randomly verify each other’s transactions, they build consensus through the web of connections between transactions. In cryptography, this type of verification is known as Directed Acyclic Graph (DAG), but the creators of IOTA call it the Tangle.
As computing power in the Tangle grows as the network grows, IOTA is promising free, fast transactions. It’s also designed to process micro-payments and payments between machines, facilitating a whole machine-to-machine micro-economy.

10. Machine to Machine Payments
For IoT to be most useful, the devices in the network need to share and allocate resources efficiently. Which means the devices need to be able to purchase more electricity, bandwidth, storage, or data when they need it, and sell those resources when they don’t need them.
Blockchain networks struggle with scalability, and they often resort to charging fees in order for miners to include your transaction in a block sooner. IOTA aims to solve both scalability and fees with its new network so that billions of IoT devices can use it.
IOTA Is Not a Blockchain Technology
The Tangle, a consensus-building system where the device submitting a new transaction must first verify two other transactions on the network. For each verification, the verifier performs a small proof of work linking the transactions into the overall Tangle.
The Tangle means that consensus is reached based on a web of verifications. Each transaction is linked to the two transactions it verified, and over time it will be linked to future transactions that verify it. This solves the scalability problem as the network no longer relies on a central blockchain.
Every new device on the network contributes its computing power to the network when it submits a transaction. The Tangle also eliminates block mining, and all the coins on IOTA were created at the genesis of the network.

11. How IOTA is Free to Use
Since you contribute computing power to the network when you submit a transaction, the cost of using the network is only as great as the electricity needed to verify two other transactions on IOTA. 
The Tangle allows IOTA to operate fee-free, and it means the network is even more distributed than a blockchain network.
With blockchain, the network is distributed among the miners on the blockchain. With the Tangle, the network is distributed among every participating node on the network.
In order to serve as the backbone for the M2M economy, IOTA has to be free to use.

12. IOTA Chart

13. New standard for privacy through the use of groundbreaking cryptography

14. Facts & Figures Launched 28th October 2016 Maximum total coins
21,000,000
Maximum total coins 21
Rank
$1.4 B
MARKET CAP 
Zero Coin
Algorithm
2.5 Minutes
Average Block time

15. ZCASH
Zcash is based on the Zerocash protocol which aims to fix Bitcoin’s privacy issues wherein every user’s payment history is in public view on the blockchain.
Zcash guarantees privacy by providing Zerocash payment transactions that do not reveal the origin, destination, or amount of any transaction.
Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity.
Zcash uses advanced cryptographic techniques, namely zero- knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.
zk-SNARK stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge,” which refers to a proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.

16. Difference between ZCASH & BITCOIN
Changing the block interval target from 10 minutes to 2.5 Minutes.
Increasing the block size limit to 2MB.
Introducing a confidential value transfer scheme.
Implementing a 20% reward to the Zcash team for each block rewarded for the first four years (or until the first halving occurs).   

17. ZCASH Chart

18. Thank You
Cryptocurrencies