Business Studies, asked by Ramay10, 6 months ago

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.​

Answers

Answered by sibaprasad55
0

Answer:

please mark me brainlist and follow me in brainly then I will surely answer to your question

Answered by dcombs252
0

what is a system for storing digital translations made with cryptocurrency?

ancwer: blockchain

I took the test, and got it correct.

Similar questions