The Currency and Exchange on the deep web

by Rezaq Amir

Dark web users access the site anonymously

Majority of the internet users or even you are only aware of what is happening on the surface web or the tip of the ‘iceberg’ and sometimes aren’t even bother to think or maybe wonder what the immersed side of the ‘ice berg’ has to offer. The deep web is a real part of the internet itself and not a hoax or even dark fantasies that is told from a generation to generation, it is actually the non-indexed website, which means by ultilize a specific tool, will grant user the access to the underworld. The deep web is often used as a proxy of an exchange or trading that occurs ‘below the surface’. Speaking of trading, in a normal ways, it will surely involve money, yet it’s not the same money we been using on our daily life, deep web have their own type of currency used for the transaction across the web. The facts about the deep web currency and exchange are they use more than four digital currency, there are numerous creepier transaction occur and the market manipulators have hooked onto the dark web and private chat groups on messaging apps.

          
              In terms of currency, the ‘immersed’ part of the world wide web uses more than 4 types of digital currency. There are actually a number of digital currencies on the web but these four holds the throne as they are more favourable and have their own unique characteristics or features. Bitcoin, yes you’ve heard about it at least more than twice as it is the most famous type of currency not only on the deep web but also seem to be carving its name on the surface web. Being the currency with the highest value of more than 1 unit of Pound Sterling, a unit of bitcoin will cost you about 13,436.74MYR. Few years back, you can only buy 7 donuts with the value of a single bitcoin, as you can see it is a good, real legit investment there. Litecoin is somehow a Bitcoin but with a value of 128 times lower bitcoin. In the deep web we also have the Monero,with is more like a currency with extra safety features, it is encrypted? Yes. If the trade gone south, is our money safe? Yes. There are even more types of digital currencies on the deep web, that is something worth investing in.

Bitcoin

            The deep web is much like our real world, except that it is even darker and creepier numerous transactions occur online on the deep web. These are not a normal online shopping transaction where you buy a new gaming computer from a specific website as the transaction on the deep web is usually an online shopping transaction where people bought a new gaming computer on a specific website, except the computer is now stuffed with 5 kilograms of cocaine or even specific human body parts, just as requested by the buyer. Don’t get confused as the ‘gaming computer’ is to ensure a clean pass thru the border or through standard parcel delivery policy. Apart from drugs, guns and body parts, the deep web also offer a lives for a cash, in  much simpler words assassination services as simple as few details of the target and a few Bitcoins as a payment, don’t get easy as ‘a few bitcoins’ really means everything in your bank account as we learned earlier how much a single bitcoin will cost you. Apart from all the dark transaction, all the history of the payment and the transaction is used by the government agencies to track malicious list of transaction and yes, to even used on getting the every single details of the suspect before proceeding to capture them and this is where the Monero kicks in, as stated earlier Monero is a type of currencies that encrypted every single data of the previous and the post transaction owner.

            Market manipulators have hooked onto the dark web and private chat groups on messaging apps like WhatsApp and Telegram for sharing 'multibagger' stock tips and unpublished price sensitive information about listed firms. This has prompted the exchanges and the regulator to beef up the 'whistleblower' framework to encourage people, including investors and those working with various market intermediaries, to anonymously give a tip-off on such groups. The shift to these platforms follow an enhanced vigil by the capital markets watchdog and the stock exchanges on social media platforms like Facebook and Twitter, while the regulator can also seek call data records from telecom firms for its probe. According to multiple sources from the industry, regulatory authorities and exchanges, the manipulators often disguise the price sensitive information about listed firms as 'heard on the street. As it is difficult to track the dark web platforms and several new 'secure' messaging apps that keep poppy up, the regulator and the exchanges are focussing on their surveillance systems to check any manipulative activities. These kind of exploitation act on the stock market tend to destabilize the market and lead to the control over of the prices and values. Apart from all the transaction and minding their own business, the underworld below the surface of the normal internet known as the deep web also affect our real world.

Activities in the deep web affect the rise and falls of the stock market

            All in all, awareness and education is non lesser than a must and need to become a mandatory subject or things to be learned and to be educated. What happens beneath the surface web, every single transaction, the activities and anything related are always affecting the real time situation of our world. There are even possibilities of a greater threat of cyber securities will take place and put our nation’s economy in a ground zero. These kind of lesson and education is also essential to help us with the new type of investment through the cryptocurrencies or ‘digital money’ where there is no sign of falling down in its values in the near future. Finishing my sentence, education about the deep web and all of its content is a must in order to educate the nation to a better general knowledge and in order to achieve a title of modern country, our people need to catch up with everything that is happening in the digital world we live in today.