Description: Understanding Bitcoin, Blockchain Technology and the Application of Cryptocurrency for Future Business. How Disruptive Technology Impact the World by Wan Mohd Hirwani Wan Hussain Estimated delivery 3-12 business days Format Paperback Condition Brand New Description WHEN talking about money, one of the fundamental principles is how it can determine the wealth of a person or country. Money is, perhaps, the best recognised form of currency.Another form of currency that is gaining recognition is cryptocurrency, a medium of exchange like normal currency, but digital. It is generated with a very high degree of data security.Encryption is used to create units of cryptocurrency and verify fund transfers. A unit of cryptocurrency is digital, rather than a typical, physical unit of currency. It may be used without going through financial institutions, such as banks and credit unions.The most commonly traded cryptocurrency to date is bitcoin, which may well be the next step in the evolution of the financial services industry. These days, a lot of financial technology companies featuring bitcoin payment systems are popping up and there will be many more in the future.The bitcoin revolution has changed the business landscape. Bitcoins are created and held electronically. No one controls them and bitcoins arent printed. Theyre produced by people and, increasingly, businesses, running computers all around the world, using software that solves mathematical problems. The price of a bitcoin is dictated by market forces and is the most popular form of digital currency.Based on research by Coinmarketcap.com, the market cap for cryptocurrencies has surged to almost 800 per cent, which is US$158.5 billion (RM669.5 billion) this year compared with last year. The development of digital currencies must be supervised and synchronised with the tax system to prevent illegal transactions and money laundering.Other forms of cryptocurrency include Ripple, Litecoin and Ethereum. Most forms of cryptocurrency have common features, including blockchain structures.However, different types of digital coins are used for different purposes. A blockchain structure is one that is based on groups of transactions that are verified. A blockchain is a massive database that is always growing. There are cryptocurrency "miners" and these people perform complex mathematical processes to ensure that the transactions are valid. Data on digital currency transactions are kept in digital ledgers. An IBM report revealed that 15 per cent of banks use blockchain technology to help improve security, update real time and help in information sharing transactions across businesses and institutions.If youre an online entrepreneur, you should know that cryptocurrency can help your business grow. You may want to use it as a convenient and discreet payment option for your customers. Even if you dont offer this payment option, its important to understand that your business rivals may do so (or may already be offering the digital currency payment option) and that digital currency is very appealing to certain consumers.These days, niche industries are going global due to the evolution of various markets. With bitcoin, the worlds economy may be transformed. As it becomes a popular alternative for consumers, online entrepreneurs need to figure out how to best use it. In 2015, some 100 companies, such as Expedia (an online travel booking agency), PayPal and Ebay (credit card, payment processor, auction) and Amazon (an online company that sells almost anything) have accepted bitcoin as payment.Entrepreneurs may want to consider adopting cryptocurrency for their businesses. However, they must proceed with caution. The price of a digital currency fluctuates based on market reactions. Details ISBN 1790357608 ISBN-13 9781790357604 Title Understanding Bitcoin, Blockchain Technology and the Application of Cryptocurrency for Future Business. How Disruptive Technology Impact the World Author Wan Mohd Hirwani Wan Hussain Format Paperback Year 2018 Pages 54 Publisher Independently Published GE_Item_ID:129701416; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. 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Price: 21.13 USD
Location: Fairfield, Ohio
End Time: 2024-12-25T04:29:50.000Z
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
ISBN-13: 9781790357604
Type: NA
Publication Name: NA
Book Title: Understanding Bitcoin, Blockchain Technology and the Application of Cryptocurrency for Future Business. How Disruptive Technology Impact the World
Number of Pages: 53 Pages
Language: English
Publisher: Independently Published
Item Height: 0.1 in
Publication Year: 2018
Topic: Investments & Securities / Portfolio Management
Illustrator: Yes
Genre: Business & Economics
Item Weight: 4.7 Oz
Item Length: 9 in
Author: W. A. N. Mohd Hirwani Wan Hussain
Item Width: 6 in
Format: Trade Paperback
