Cryptocurrency and online financial activities – What you need to know ?
An online activity related to money that often comes up is cryptocurrency. Cryptocurrency is digital or virtual money. Unlike regular money, it doesn't exist in physical form. You hold it like a dollar bill, but only in computer systems.
Cryptocurrency uses a technology called blockchain. Think of blockchain as a digital ledger. It records all transactions made with a particular cryptocurrency. This ledger is kept in multiple places; copies exist on many computers worldwide. When someone makes a transaction with cryptocurrency, it is added to this ledger. Special computers check the transaction to ensure its validity.
Cryptocurrency and online activities
Many people are interested in cryptocurrency because of its potential for online activities.
Digital payments- Online stores ac...