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Monday 30 October 2017

Crypto Currency – A new trend in digital(virtual) currency






Crypto Currency is a from of digital money which is a new revolution in the technology world.

It is medium of exchange like other currency, but purpose of designed with exchanging digital information by cryptography process.

The most common form of Crypto Currency is Bitcoin which was invented in the year 2008 by Satoshi Nakamoto.

These are the some common types of CryptoCurrency is listed below

  • BitCoin
  • Ripple
  • Ethereum
  • Litecoin

Benefits of CryptoCurrency are as follows

  • Benefits of CryptoCurrency are as follows:
  • Minimize fraud risk.
  • Easily exchange money to anywhere from the world.
  • It leads to decentralization
  • Easily accessible by all the people 
  • It will enable immediate settlement
  • Takes minutes rather than days for money exchange


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