As your relationship develops, so will your partnership with them. In fact, bitcoin and other cryptocurrencies are poised to disrupt global finance markets and payment systems that have, until now, been controlled by banks or major players like Pay Pal acting as the middleman.It's time to educate yourself on how cryptocurrency is changing the world and how you can get involved as we head into the New Year.Blockchain technology was created by the inventor of Bitcoin and evolved into something greater.Blockchain allows digital information to be sent but not copied, so it's extremely secure.Bitcoin was the first decentralized cryptocurrency and was created in 2009 to allow transactions without a bank.Over the past few years, bitcoin was increasingly accepted as transactional currency and continues to grow.If you're interested in purchasing cryptocurrency, sign up for an account on Coinbase and get of FREE bitcoin!Blockchain technology is the backbone of cryptocurrency.
With cryptocurrency, parties to an exchange swap virtual cash for goods and services without incurring delays, costly transaction fees, and with fewer complications associated with allowing a third party into your transaction.
A database built on blockchain isn't owned by a business.
Instead, it's recorded across a vast array of computers that store identical copies of the database.
Don and Alex Tapscott, who wrote , said it's an "incorruptible digital ledger of economic transactions." But it's not just transactions that can be recorded by blockchain tech.
It's a way to save and maintain a database that is secure, private, and decentralized.