5. More About Cryptocurrency
Cryptocurrency is used to –
- Secure transactions
- Control the creation of new units
You use public addresses to send & receive money.
Transactions have to be signed with a private key.
Cryptocurrency is one form of virtual currency.
Bitcoin is one form of Cryptocurrency.
9. ADVANTAGE & DISADVANTAGE
Payment freedom
Choose your own fees.
Fewer risks for merchants.
Security and Control.
Transparent and neutral
• Degree of acceptance
• Volatility
• Ongoing development
10. IMPACT ON WORLD ECONOMY??
Challenging the Dollar Standards.
Cutting out the Middleman,
The Emergence of new market.
13. THE EMERGENCE OF NEW MARKET
Currencies such as Ethereum and Bitcoin have led to new markets which are
controlled by no one. That means cyberspace will rise as the new body that will
maintain and handle such markets.