RATE Group | Can Cryptocurrency Transform Business World 2020?
74816
post-template-default,single,single-post,postid-74816,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Can Cryptocurrency Transform Business World 2020?

06 Jan Can Cryptocurrency Transform Business World 2020?

Posted at 22:27h in Cryptocurrency News by

[ad_1]

The term “Cryptocurrency” is in vogue these days. Most of the people are prejudiced about the know-how of Cryptocurrency.

However, Cryptocurrency is much more than what people know about this term. In this article, we would know how Cryptocurrency has changed the business world.

What is Cryptocurrency?

Cryptocurrency is an asset that is completely available online.

It is specially designed to work as a:

  • The medium of exchange
  • Secures financial transactions with the help of strong cryptography
  • Controls the creation of additional units
  • Verifies the transfer of assets
  • Uses decentralized control
  • Opposes centralized digital currency, and much more.

History of Cryptocurrency

 

  • In the year 2009, a pseudonymous developer/ group named Satoshi Nakamoto created the first-ever decentralized Cryptocurrency
  • Then NAMECOIN was released in an attempt to form a decentralized DNS
  • Then in the year 2011, LITECOIN was introduced which came out to be the first successful Cryptocurrency that uses…

[ad_2]

Source link

Tags:
, , , ,