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blockchain applications

What are Cryptocurrency Wallets and Why You Should Need One?

March 20, 2018 By Fleur Hamilton Leave a Comment

Cryptocurrency – a type of internet-associated digital currencies, alternative currencies, or virtual currencies and uses cryptography for security – has rather became widely popular and practically useful in the modern days. From being born in the second world war out of the need for secured communication, it has hugely evolved in the digital era (with the elements of mathematical theory and computer science) and became a way to best secure not only communication and information – but your money online.

Today, cryptocurrency – widely recognized as a digital currency – is mostly utilized to transfer funds between two parties in which transactions include purchasing gift cards, paying flights, booking hotels, buying from app stores, and/or other businesses that can be done online. Because of these, the need for a place to store them was created – a virtual wallet called cryptocurrency wallet.[Read More]

Filed Under: General, Internet Tagged With: blockchain applications, cryptocurrency, Cryptocurrency Wallets, digital currency, securing digital assets

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