Blockchain Cryptocurrency

Cryptocurrency through blockchain revolutionizes secure payment technology. A cryptocurrency is a tradable digital asset or digital form of money, built on blockchain technology that only exists online. Cryptocurrencies use cryptography to verify and secure transactions, hence their name. There are currently well over one thousand different cryptocurrencies in the world and many people see them as the lynchpin of a fairer, future economy.
Blockchain technology changes the nature of this equation. It dramatically reduces the costs of transactions and, of information flows. Where there was friction before, these levels are now lowered. Doing so erodes the traditional rationale for a firm, especially a trillion-dollar firm. Large firms exist, in part, because there is a huge schism between processes that occur inside the walls versus those that cross to the outside. Blockchain technologies dramatically change the equation and favor frictionless flows of tokens and other digital assets

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