90 likes | 149 Views
Digital currency exchange is not a new word, but many are still not aware about it.
E N D
to & Introduction
Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins)that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderlesstransfer-of-ownership. • Cryptocurrency - A digital currency in which encryptiontechniques (cryptography) are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a centralbank. What is Cryptocurrency?
First ‘decentralized’ digital currency. They are digital coins you can send through theinternet. • No one controls it. Bitcoins aren’t printed, like rupee or dollars – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematicalproblems. • An anonymous software developer calledSatoshi • Nakamoto proposed bitcoin in 2009, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority,transferable electronically, more or less instantly, with very low transactionfees. • In simple words, bitcoin is an open source software to transfermoney over theinternet.
Currently, we use FIAT Money. Trust the banks and central authorities with our money. Theyhave complete control over it as to what amount of money needs to be printed andcirculated. These central authorities are the regulating bodies to whom wehave given complete control of our money! Bitcoin is the idea that we can take back power and control ofour own money and we can transact in a betterway. It provides us with a currency and a payment network thatwe can control ourselves and we don’t have to rely on any single entity to create or help us totransact. Decentralized
It'sdecentralized It'seasytosetup–setupabitcoinwalletandyouaregoodtogo! It'sanonymous It's completely transparent - stored in public ledger knownas blockchain Transaction fees are miniscule It’sfast Characteristics
Whyshouldyouusebitcoins? Bitcoins are transferred directly from person to person via thenet without going through a bank orclearinghouse.
Contact Us : Perfekt Capital Limited,Unit 804 8F Boss Commercial Centre28 Ferry Street, Yau Ma Tei,Kowloon, Hong Kong Email Customer Support support@perfektpay.com Global Phone Support +852 6024 5489 https://www.perfektpay.com/