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Showing posts from December, 2017

BitCoins : A digital currency

A bit coin is first digital currency accepted world wide for payment system . It is not under control of any bank or administrators . It uses a open source software  and for secure transactions it uses cryptography technique. It is widely used to purchase product across globe. More than 100,000 merchants accepted bitcoins currency for their purchase. Their are 2.9 - 5.8 users of Bitcoin. Symbol used to represent bitcoin is BTC or XBT .                                                      Recently Cryptocurrency dealer Pluto Exchange announced the launch of India's first mobile app for transaction of virtual currencies. The Pluto Exchange mobile app offers a solution to the coordinator problem between payment processor,financial gateway and bank . By using a four digit personal identification number,users can now buy sell,store and spend bit...