Digital Currency

Cards (2)

  • Digital Currency
    • Form of payment to pay for goods and services
    • Cryptocurrency uses cryptography to maintain track of transactions.
    • Cryptocurrency is also more secure because it uses blockchain network
  • Blockchain Network
    • Involves several interconnected computers where the transaction data is stored
    • Hacking isn’t possible here as transaction details would be sent to all the computers, and the data can’t be changed without the consent of all the network members