Cryptocurrency: The New Mode of Finances and Beyond
With the advent of the digital era, technology has pervaded almost every aspect of life, be it communication , entertainment , shopping , or even education . The only element left to be demystified is the context of finance . Bright innovations in the financial landscape, poised for new opportunities, have consequently thrown up unique challenges, mainly with the advent of cryptocurrencies . What Cryptocurrency Is Cryptocurrencies are a type of encrypted digital money that is authenticated by cryptographing . It is not issued by a government or a central bank compared to, for example, US dollars or euros, and any central authority does not print it. It is facilitated through a network of nodes of a decentralized organization; it is a blockchain technology . Blockchain is one form of DLT that keeps a record of all the transactions conducted through a network of computers or other devices, all interconnected with one another, and it provides transparency and solves the problem of do...