Navigating you to the Right Technology at the Right Time

Digital Currency

What you should know about Cryptocurrencies

While many have heard of cryptocurrency, it’s still shrouded in much mystery and misunderstanding. In simple words, cryptocurrency is a decentralized virtual currency that is based on cryptographic software. It relies on public and private keys to make the transfers. These transactions are usually anonymous and untraceable. Similar to cryptography that keeps data secure, cryptocurrency is a form of highly secure digital cash. Not to mention that it is hard to counterfeit. Although the cryptocurrency market has no real coins, the so called digital coins are sold through exchange centers. The value of these coins fluctuates too. Here are a few things you need to know about cryptocurrencies: They are widely used and accepted – and can be used to...

READ MORE

Categories

Recently Published