Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin's creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.”
Bitcoin transactions offer several benefits, such as low transaction fees and speedier processing, compared to transactions conducted with fiat currencies. Bitcoin transactions are especially useful for international transfers.
Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency - is a type of money that is completely virtual. It's like an online version of cash. ... People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people.
The world's top 10 crypto countries, according to the Statista data, are:
Turkey: 16%
Peru: 16%
Switzerland: 11%
India: 9%
China: 7%
U.S.: 6%
Germany: 5%
Japan: 4%
This paper aims to bridge the knowledge gap in the existing literature on Bitcoin, Blockchain and Fintech. It begins by clarifying the definition of these concepts. Through a systematic review and case studies in the supply chain industry, this paper brings out the applications, the benefits/value, and the challenges/issues of Bitcoin, Blockchain and Fintech in several industries. It also presents the research methodologies/approaches used during such research. The classification framework developed and used to perform an analysis of 141 articles from five top academic databases serves as a baseline study. It offers the opportunity to evaluate the level of knowledge on Bitcoin, Blockchain and Fintech, and their evolution over time. The findings show that these technologies are evolving, and organizations are embracing them for competitive advantage. Thus, organizations need to leverage research on these technologies to better understand them, optimize their business strategies, and develop critical insights for decision-making.
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This is very Good article .BITCOIN is amazing currency i totally agree with you i like it