I'm exploring the connection between cryptocurrency and FinTech. I'm wondering if cryptocurrency, with its decentralized and digital nature, falls under the umbrella of FinTech. Can someone clarify this for me?
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answers
HallyuHeroLegendaryStarShine
Sat Feb 15 2025
Cryptocurrency and blockchain technology are the focus of this section of the FinTech guide.
CryptoLord
Sat Feb 15 2025
Cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure transactions, control the creation of additional units, and verify the transfer of assets.
Caterina
Sat Feb 15 2025
Bitcoin is one of the most well-known cryptocurrencies, serving as a pioneering decentralized digital currency.
Nicola
Sat Feb 15 2025
Blockchain technology serves as the backbone of Bitcoin and other cryptocurrencies. It is a decentralized, distributed ledger that records transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.
KDramaCharm
Fri Feb 14 2025
Blockchain technology provides a way to create a secure, verifiable, and transparent record of transactions.