This decentralisation means that blockchain technology validates these digital transactions without oversight or intermediaries. Unlike traditional currencies, cryptocurrencies aren’t backed by major governments or developed economies. And it’s not just the financial services industry that’s paying attention-from experienced investors to individuals just beginning their investment journey, many are wondering, Are cryptocurrencies something I should look into? What’s a cryptocurrency?Ī cryptocurrency is a digital asset stored on blockchain technology that serves as a type of currency or store of value. Like most things with a rising price tag, cryptocurrencies have garnered global recognition and interest for their sudden increase in value.
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