Next Wednesday, March 4, in the multipurpose room of the Espaitec 2 building, at 19:30 p.m., the Valencian Bitcoin and Blockchain Association (AvalBit), together with the company bit2me, organize the workshop “Introduction to cryptocurrencies and their practical management.”

AvalBit, a non-profit association created in February 2015, has as its mission the study and dissemination of computer technology. Blockchain and the distributed ledger (Ledger) on which cryptocurrencies are based. While, bit2me is a pioneering company in the sector and in the field of Exchanges of cryptocurrencies.

The main objective of the workshop is to provide a practical view of cryptocurrencies, a type of alternative digital money, based on blockchain technology (chain of blocks) and which is beginning to be analyzed by central banks as the basis of their new legal money. The event is aimed at anyone interested in knowing what cryptocurrencies are and how they are used to carry out daily operations, collect and pay on a daily basis, as well as store them safely.

The workshop is scheduled to last two hours and is structured in two parts: theoretical and practical. The first is dedicated to the presentation of the basic concepts that cryptocurrency users must have as a prior step to using them. The following topics will be discussed: Money and cryptocurrencies, Blockchain: the Internet of value, Electronic wallets for managing cryptocurrencies, and Where to buy and sell cryptocurrencies?: Centralized and decentralized exchanges.

The second part of the workshop, participants will be taught how to use an electronic wallet (Wallet) and aspects related to the security and custody of cryptocurrencies. There will be a practical exercise in electronic wallet management, consisting of opening an electronic wallet and receiving a payment of 5 euros in cryptocurrency, to be able to carry out small transactions with workshop colleagues.

With this workshop, open to the entire university community, we will be able to learn first-hand how to use Blockchain technology in an agile, practical and, above all, secure way.