Digital currency benefits in era of tech transactions

Bitcoin. Adoption of blockchain technology is changing how people carry out business today. FILE PHOTO | NMG

There have been many headlines, Press releases on cryptocurrencies. Why is everybody talking about it? I will attempt to look at the subject from the standpoint of technology transformation with a view to transition from the known to unknown.

For starters, this is about the potential of the underlying technology, and not specifically the technology that underlies bitcoin, but the general principle for what you can do with it.

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Note: The results are not exact but very close to the actual.