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Cryptocurrencies are a specific form of digital currencies that function as decentralized mediums of value exchange. Utilizing blockchains as the backbone of their architecture, innovative cryptographic techniques and distributed computing consensus models, cryptocurrencies are able to function outside of the traditional fiat monetary system. Visit: https://bit.ly/2OLryLQ
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Crypto-currency is a digital currency that utilizes cryptography techniques to make the transactions secure and to limit the creation of additional units of currency. Crypto-currency is decentralized and there is no third-party/central body/governing body involved in producing new currency, verifying transactions, and protecting the currency supply. The blockchain acts as a ledger that shows the transaction activities between the peers.
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Blockchain is an emerging technology that has influenced largely many industries verticals. So, it has helped the banking & finance industry as well by boosting the safety of payment systems. Read more blockchain in banking use cases in the blog.
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Blockchain is not only limited to cryptocurrency and enterprise-grade solutions; it has now enabled the gaming industries to explore A vast pool of opportunities in the decentralized world. The expansion of blockchain in the gaming world has made it possible for both gamers and game developers to establish A transparent atmosphere to convey A clear message of trust and dependency. Blockchain has made it possible for strangers to invest on online gaming platforms and participate in an impartial gaming world.
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The adoption of cryptocurrencies has boosted the financial stability of enterprise operations facing challenges in managing their cash flows. The days are gone when people have to wait for the administrator's approval or depend on an intermediary to process the financial transaction. Now with blockchain technology has enabled the peer to peer transaction processing without any involvement of an intermediator.
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A blockchain is a public ledger of information collected through a network that sits on top of the internet. These are immutable time stamped series record of data that is distributed and managed by cluster of computers.
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Adam Maiale works in sales and strategy - specifically in financial technology and blockchain. For Adam Maiale, working at the forefront of change in the financial sector is important and he has formally studied cryptocurrency and blockchain so that he can embrace changes as they're unrolled throughout the industry.
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