Cryptocurrencies are encrypted decentralised digital currencies that are transferred between
Cryptocurrencies are encrypted decentralised digital currencies that are transferred between
individuals. These currencies are not tangible and exist only in the electronic form, it is
a
digital asset that exists and remains as data. They allow a person to send money in the same
way
as sending an email, with much lower transaction times compared to doing it via your bank
account, minimal fees, no credit cards and no middleman. The joint bookkeeping process is
called
a “Blockchain”.