Blockchain & Cryptocurrency Consulting Services
Blockchain technology and cryptocurrency are poised to disrupt current business and financial norms within the next few years. As intertwined as the two terms have become, they are separate entities, linked to the cryptography. Cryptography is the practice of secure communication for various purposes including secure communication, data integrity, and non-repudiation. Blockchain technology is a decentralized list of records that are linked together and secured by cryptography. Cryptocurrency on the other hand are digital assets that use cryptography to secure transactions – popular cryptocurrencies include Bitcoin, Ripple, Ethereum and Dash. The easiest way to understand the relationship between the blockchain and cryptocurrency is to think of the blockchain as a shared financial ledger with cryptocurrency layered on top of it. They are separate concepts, but counterparts in functionality. Even though blockchain technology and cryptocurrency utilize cryptography to maintain a high level of security, use of them is not necessarily secure or easy.