Those involved in digital currency will be available as part of financial technology (fin-tech) from 2018 onward.
Official guidelines on cryptography will be presented and businesses need to provide detailed information about buyers and sellers according to instructions from the Central Bank.
According to unofficial sources, it is necessary for the technical community to jointly develop International Standard Organization
What is a blockchain?
Cryptocurrencies is a digital currency. Not a money note or a coin. Not only is it used as an alternative payment for buying goods or services, especially on the web online. It can also buy, sell and trade globally, supply chains, medical records, logistics and asset management
How does it work?
- Peer to peer network - directly deal with customers and no third parties are involved.
- Store data in the cloud
- Transactions are difficult to change, efficient, more convincing and safe.
- In the record system, it is a ledger data that can not be manipulated.
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