Cryptocurrency Blockchain Technology

In this course you will learn about the exciting world of cryptocurrency and NFTs, Delve into blockchain technology on which most cryptocurrency is based and look at the concerns that surround this developing technology

Introduction 

Digital currency, or digital money, refers to a method of payment that exists only in digital form and has no physical counterpart. Cryptocurrency is a form of virtual money that is secured by using a technique called cryptography. 

Cryptography is the creation of encryption codes to allow a secure encryption between individuals, meaning that data sent between you and another individual is private. So, if you were to make a purchase using a form of cryptocurrency, the authenticity of the currency you are sending is checked to make sure it is authentic, and that currency is then sent to the seller who then also knows that payment is legitimate, without having to use a third party, such as a bank or PayPal. 

Cryptocurrency is an exclusively digital asset that can be used to pay for things, however it is not based on any actual asset, or backed by government regulation. This means that cryptocurrency is only worth what a buyer will pay for it. This causes cryptocurrencies to be unpredictable as their worth can change dramatically over a short period of time.