Cryptocurrency are the new types of digital assets/money/funds with multiple uses. One way to look at Cryptocurrency is as a new kind of internet money.

     The money we use today look quite different from the earlier forms that humans may have used long ago. Reason for this is that money has a way of evolving made possible by the invention of new technology. Take for example when standard weighing tools were invented people living then used precious metals such as gold, silver, cooper or even bronze. When paper was invented, paper money such as Dollar also followed. Credit cards also followed once credit systems went online.

       Cryptocurrency isn’t any different. Cryptocurrency can be seen or imagined as the product of cryptography and block chain technology. Just as you can save, spend, buy and exchange fiat money so can you with Cryptocurrency. And for people who regularly send money to friends and family abroad Cryptocurrency can be an easier, clearer and convenient way of doing so.

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