Introduction to Blockchain Currency: Definition and Origins
The financial landscape is undergoing a seismic transformation, driven largely by the emergence of blockchain currency. But what exactly is blockchain currency, and how does it diverge from traditional forms of money? At its core, blockchain currency is a type of digital or virtual currency that relies on cryptographic techniques for secure transactions. Unlike conventional currencies issued by central banks, blockchain currency operates on a decentralized ledger, known as a blockchain, which records all transactions publicly and immutably.