JJEM: Special Edition 4 (May 2025)
JJEM: Special Edition 4 (May 2025)
2025-05-31
Block Chain Technology & Crypto Currency
Chethan , Naveen M
Block chain technology and crypto currency have emerged as transformative innovations with the potential to revolutionize traditional financial systems. Crypto currencies offer enhanced personal data privacy and secure financial transactions through decentralized mechanisms. Unlike physical currencies, crypto currencies are entirely digital, created through a mining process powered by block chain technology. In recent years, financial institutions, asset management companies, and foreign direct investors have shown increasing interest in crypto currencies due to their ability to facilitate peer-to-peer transactions without intermediaries. This decentralization eliminates unnecessary expenses such as minimum balance requirements and transaction fees associated with it.
Block chain, cryptocurrency