Decrypted A financial trader’s take on cryptocurrency

by Lon, Leng Hoe

• ISBN13: 9789814828703
• ISBN10: 981482870X
• Format: Paperback
• Copyright: 2019-06-07
• Publisher: Marshall Cavendish International (Asia)

Summary

In 2009, an anonymous programmer releases a new method of paying and being paid to the world. No one runs it; no one controls it; no authority verifies it. In this, its creator promises, is a way around banks and governments, around laws and regulations, and around failure itself. Less than a decade on, the technology known as Bitcoin is soaring in demand, and a single unit is valued in the thousands. It has spawned hundreds of clones, and its underlying blockchain technology has created a revolution in computing. It has legally made millionaires of thousands of ordinary people. Decrypted shows you, in plain, no-nonsense terms, exactly how that happened. Cryptocurrency and startup pioneer Leng Hoe Lon walks you through how cryptos like Bitcoin work and get their value, their strengths and weaknesses, their implications for the world... and how they fit in your investment plans. Will you join the cryptocurrency revolution, or ignore it as a passing fad? It’s up to you to check out the facts and decide for yourself. This book will show you what you need to know.

Author Biography

Leng Hoe Lon, CFA serves as Executive Advisor of Kyber Network (www.kyber. network), a decentralised cryptocurrency exchange powered by Ethereum smart contracts and is also an angel investor of Digix Global (https://digix.global), a company that aims to tokenise physical assets and make them fungible on the Ethereum blockchain in order to increase the pool of liquidity in a decentralised marketplace. Before this, he was CEO of machine-learning startup Shentilium Technologies and co-founder of trading and mentoring firm TrackRecord Asia. Previously, Hoe Lon’s elaborated 19 years of financial trading career includes CEO of Tudor Capital Singapore and Managing Director of Goldman Sachs. He holds a Bachelor’s Degree in accounting and finance at the University of Warwick, England.