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Showing posts from February, 2018

CRYPTO – WORLD FOR RISKTAKERS

Crypto – World for risktakers Cryptocurrencies, the word which is in lime light these days. Many of us are must be aware of this terms or must have heard about the term Bitcoin. Bitcoin is the mother of all crypto currencies because it has started a new era where we can send the money from any corner of the world to another corner in few minutes. Background Bitcoin has started in 2009 with a motive of removing any middlemen in the financial transaction and to make any financial transaction with fast access and without disclosing self details. It was evolved to solve the hurdles of the banking systems which are faced by us during making any financial transaction especially foreign currency transactions, problems such as high time requirement, high bank chrges, fake currency problem, chances of leak of financial details, problem in case of bank insolvency and many tedious bank formalities involved in the forex transactions. Bitcoin was evolved on blockchian technology which r...