1.Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization and transparency
2.The most important feature of acryptocurrency is that itis not controlled by anycentral authoritythe decentralized nature of theblockchain makes cryptocurrencies theoretically immune tothe oldways of government control
3.Cryptocurrencies can be sent directly between two parties via the use of private and public keys.These transfers can be done with minimal processing fees, allowing users to avoidthe steepfees charged by traditional FI.
Nowadays, you‘ll have a hard time finding a major bank, a big accounting firm, a prominent software company or a government that did not research cryptocurrencies, publish a paper about it or start a so-called blockchain