Cryptocurrency Event: Moneyexpoindia.com
Cryptocurrency is a form of digital currency that is secured through cryptography, making it
difficult to counterfeit or double-spend. It operates independently of a central bank or government and uses
a decentralised ledger technology known as the blockchain to record transactions. One of the most popular
and well-known cryptocurrencies is Bitcoin, which was created in 2009 by an
anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin has since become a global
phenomenon, with its value skyrocketing to almost $65,000 per Bitcoin at its peak in April 2021.
Other popular cryptocurrencies include Ethereum, Ripple, and Litecoin, each with its own unique features and
benefits. Ethereum, for example, allows developers to build decentralised applications (apps) on its
blockchain, while Ripple is designed to facilitate fast and low-cost international money transfers. One of
the main advantages of cryptocurrency is that it provides a secure and decentralised way to transfer money
online, without the need for intermediaries such as banks or payment processors. This makes it particularly
useful for people living in countries with unstable economies or strict capital controls, who may otherwise
struggle to access traditional banking services.