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  So, what exactly is Cryptocurrency? Cryptocurrency is a form of digital currency that relies on blockchain technology, which makes it almost impossible to counterfeit or double spend. Transactions are verified and records are maintained on a public ledger by a decentralized system, that is distributed across many computers, rather than being managed by a centralized authority. It could be used to make payments as well as a store of wealth. Being a decentralized form of money, cryptocurrencies are immune to government interference and manipulation. Currently, there are over a thousand different cryptocurrencies.   What is Blockchain Technology? Source 1 : PwC - Bitcoin, cryptocurrency, blockchain... So what does it all mean? Blockchain is the technology that enabled the creation and is the backbone of all cryptocurrencies. It allows data to be recorded and distributed but not edited. This forms the foundation for immutable ledgers that cannot be altered or destro...

  Not long ago, we were introduced to Cryptocurrency , which allowed people to circulate their money without the need for any monetary authority. And, at the end of 2021, we were introduced to another fascinating digital concept known as NFT (Non-Fungible Token), which is sweeping the worlds of art and gaming.   But what exactly are non-financial transactions (NFTs)? Non-Fungible Tokens are one of the most recent crazes in the crypto space (NFTs). NFTs are defined as a type of token that represents a one-of-a-kind asset. Fungible refers to something that can be replaced by something similar. Because what is represented is unique and non-interchangeable, it is a type of token that cannot be replaced by another similar token. NFTs represent digital content scarcity. Through NFTs, the Ethereum blockchain enables artists, content creators, and even gaming companies to attribute their creations. Non-fungible tokens, in essence, open the door to asset and data digitization. ...