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Crypto is a leading crypto software development company in Chennai, Tamil Nadu, India. We are in the sphere of crypto for 4 years in this bustling era. We have been successful with wide range of clients from diverse domains. With our expertsu2019 team as our assistance, we are generating contemporary technologies and techniques to satisfy our clients. We are in purpose of creating an adoptable world in the vision which is futuristic. We are with the motto of accountability, rectitude and rapport.
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What is a Cryptocurrency? • Cryptocurrency is known as the digital currency which is used for the purpose of online transactions and their record maintenance by a decentralized system called as Cryptography rather than a centralized system. • It is also known as the fastest and safest way of digital transactions between the users who are accessing behalf of the records of a digital ledger. • A digital ledger is known as the computerized data collection of transactions rather than the manual ledger or old tech ledger.
History of cryptocurrency • The Crypto currency was introduced by an Anonymous/Mysterious person named Satoshi Nakamoto in the year of 2008 and announced it through a white paper. • There are lots of theories and mysteries behind the discovery of cryptocurrency till now. • The Crypto currency is introduced for the interruption less and secured transactions without any centralized system with highly protected data of transactions. • Even though there are lots of benefits in it some governments are till now in discussions and some governments are banned the cryptocurrencies are also encouraging criminal activities.
Evolution of transactions in currencies • Before 110 BC – Barter System(Commodity to Commodity exchange). • At 110 BC – Currency is used in form of coins for transactions. • At 1050 AD – Currency is used in form of Gold Coins. • At 1600 AD – Introduction of Paper currency. • Present – Currencies in form of Coins, Paper and Digital currencies. • As per the latest reports of world economists, The usage of Cryptocurrency Is gradually increased in the period of 2018-2021 with 4000 types of Cryptocurrency.
Technologies used for Cryptocurrency • BLOCKCHAIN : The Blockchain Technology is used as a Digital Ledger Technology for maintaining the transaction records using cryptography. • BLOCKCHAIN : A series of growing records known as blocks whereas, • Merkle Tree : Repository of the overall transaction data • Leaves : Data in a chain link like structure.
ROLES AND RESPONSIBILITIES OF CRYPTO • Crypto is a leading crypto software development company in Chennai, Tamil Nadu, India. We are in the sphere of crypto for 4years in this bustling era. We have been successful with wide range of clients from diverse domains. • We are offering services of Crypto Software Development Company, Crypto Token Development Company, Crypto Exchange Development Company and Blockchain Development Company. • Crypto is in the unmatchable position in the development of tokens.
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