Cryptocurrency

in hive-198330 •  last year 

Money plays a crucial role in economic life by performing your most important jobs role of financial intermediation in domestic, regional or international exchanges, Over its history, money has witnessed significant developments in form and content and money is still in the process of evolving to date, with technical advances in ICT playing a key role in this area, as well as the development of the financial and banking industry, the spread of electronic commerce, the development of payment and electronic transfer methods.
There has recently been much talk of so-called cryptocurrencies in all their forms and types, after those currencies achieved special cryptocurrency virtual records.

  1. Concept of digital currency:
    A digital currency is the official umbrella that includes the collection of other forms of currency, whether electronic, virtual, legal, stable or encrypted. Regardless of what other names can be released on it, the official nature of these currencies remains that they are digitally available.
    International organizations and central banks may differ in their views on the definition of digital workers. These include those who advocate restricting and restricting the definition in a specific manner and activity. These include those who advocate expanding the concept and making it inclusive of all forms of currencies traded and handled through the Internet, regardless of the modern means of technology on which these currencies are offered.

  2. Forms of digital currency
    After the concept of digital workers has been clarified, cryptocurrencies can be divided into three main forms: virtual currencies, electronic currencies, and legal cryptocurrencies issued by central banks or cash institutions.

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