Cryptocurrency A cryptocurrency is a medium of exchange (currency) that is digital in form, non-governmental, and relies on cryptography for its security (Investopedia, 2018). It is the latter component of the definition that gives cryptocurrency its name. The vast majority of currency in the world comes in the form of exchangeable units that are issued and have their value controlled by governments. Nations will either allow their currency to float freely

Cryptocurrencies: Background, Details, Advantages Anyone mildly acquainted with cryptocurrency has probably heard of a currency called Bitcoin. Bitcoin and the success of bitcoin are what helped surge interest within the entire cryptocurrency market, as many view bitcoin as the pioneer of the market as a whole. According to the authoritative website cointelegraph.com, “A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography

Just short of completely sacrificing my social life, I have been obsessed with cryptocurrency for years and have surrounded myself with people and opportunities that have enabled this purpose-driven, optimistic vision quest. I have been both amateur and professional cryptocurrency analyst, almost as long as cryptocurrencies have existed. Starting in , I became the Treasurer of the MIT Bitcoin Club and strongly advocated awareness of crypto and blockchain technology among

RMMagazine 1 Tuttle, H. (2018). Only half of ransomware payouts result in data recovery. Retrieved from http://www.rmmagazine.com/2018/04/02/only-half-of-ransomware-payouts-result-in-data-recovery/ Tuttle (2018) describes how ransomware attacks are rising and people are losing their data to these attackers, who hack into computers and networks, take the information that is stored therein by locking out the users and obliging them to pay a ransom in order to get access to their data. This is why it is called

Forms of digital money have been on the rise in the past few years. Today, a broad assortment of transactions can be undertaken without using cash and conventional types of money. Cryptocurrency is the latest entrant. Since the emergence of Bitcoin in 2009, several other cryptocurrencies have been introduced, such as Ether, Litecoin, and Monero. Cryptocurrencies are digital assets intended to function as mediums of exchange. They are based on

PreambleBlockchain chain is a regulatory platform employed in online economies, such as the food industry, to track produce movement from the farm to the final consumer. Such application of blockchain in the food sector renders core benefits of the blockchain to the consumer, such as ensuring the safety of the food in the distribution chain and allow the consumers to hold the involved handers accountable in case of food poisoning