Over the last couple of years the term cryptocurrency has been rapidly gaining the public eye.
A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography.
Bitcoin, Dash, Ripple, Dogecoin, Litecoin these all are cryptocurrency. While Bitcoin captured significant investor
and media attention in April 2013 when it peaked at a record $266 per bitcoin. By the year 2050, it is estimated that there will be in circulation one Bitcoin to cater for
500 people globally.
Cryptocurrency is continuing to grow around the world create new business opportunities for entrepreneur.
Entrepreneur has to participate in this revolution by creating their own digital currency. You dont have to invest
in expensive infrastructure like traditional banking. You ust have to build applications and supportive services aside from the
cryptocurrency system and you can start mining your own cryptocurrency.
The ability of an entrepreneur to access a source of payment method has fueled innovations in the financial services.
These services are beneficial to the constituencies and areas that are underserved by the traditional banking providers.