Bitcoin is a cryptocurrency and worldwide payment system. It is the first 3 decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin wasinvented by an unknown person or group of people under the name Satoshi Nakamoto and released as opensource software in 2009. The money can only be tracked when it is converted into cash. This public way of managing transactions has created the possibility of a huge revolution in the banking sector across the world. Identify and explain any two dimensions of the business environment being referred to in the above case.
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what is a system for storing digital translations made with cryptocurrency?
ancwer: blockchain
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