Cryptocurrency, now the identity of digital assets, emerged from a very niche concept of cryptography to form a revolutionary force that is reorganizing finance and industries worldwide at a rapid pace.
Since Bitcoin was launched by Satoshi Nakamoto back in 2009, cryptocurrency has been called a challenge by traditional financial systems in allowing decentralized and safe transactions using the technology called blockchain.
The industry today has shaped a multi-trillion-dollar market, affecting all walks of life—from healthcare and supply chains to entertainment and art. This paper will outline how cryptocurrency was developed over time, its pros, the regulatory landscape that it finds itself in, and risks and rewards associated with putting money into digital assets.
Key points
Definition of Cryptocurrency
Types of Cryptocurrencies
Advantages of Cryptocurrency
Inclusion
Programmability
Risks and Challenges
Security and fraud
Environmental Impact
Cryptocurrency as Investment
Future of Cryptocurrency
ALL the Key points are explained in detail in this ARTICLE on MEDIUM.
Or click here to read https://medium.com/coinmonks/cryptocurrency-opportunity-and-innovation-in-the-financial-world-956641e6c9b1
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