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What is Crypto-Currency?


Introduction of Crypto-Currency?

Before describing Crypto-Currency, it is important to brief about the available currency in the world.  Today, we have number of currencies like Euro, USD, Yen, Dinar, Rupee, Taka, Dirham, Peso, Real and Ruble etc.

There is more then 200+ currencies available in the world.

Crypto-currency is a medium of exchange like normal currencies such as USD

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.[1] Crypto-currencies are a subset of alternative currencies, or specifically of digital currencies.

Bitcoin became the first decentralized Crypto-Currency in 2009. Since then, numerous Crypto-Currencies have been created.

These are frequently called Altcoins, as a blend of Bit-coins alternative. Bit coin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.



Public Reputation

Central bank representatives have stated that the adoption of crypto-currencies such as Bit-Coin pose a significant challenge to central banks' ability to influence the price of credit for the whole economy.

Jordan Kelley, founder of Robocoin, launched the first Bit-coins ATM in the United States on February 20, 2014. The kiosk installed in Austin, Texas is similar to bank ATMs but has scanners to read government-issued identification such as a driver's license or a passport to confirm users' identities



Legal Aspects
The legal status of Crypto-Currencies varies substantially from country to country and is still undefined or changing in many of them. While some countries have explicitly allowed their use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified Bit-Coins differently. China Central Bank banned the handling of Bit-coins by financial institutions in China during an extremely fast adoption period in early 2014.

Competition in Crypto-currency markets 
Today, there are over 700 digital currencies in existence. Entry into the marketplace is undertaken by so many due to the low cost of entry and opportunity for profit making through the creation of coins.
A study entitled "Competition in the Crypto-currency Market" conducted by members of the NET Institute over three periods between 2013 and 2014 charts the analysis of changes in price data over time in regards to budding crypto-currency markets. It analyzes bitcoin and other similar crypto-currencies referred to as "altcoins". These include Litecoin,Peercoin, and Name coin; crypto-currencies listed in order by which account for the largest percentages of digital market capitalization behind bitcoin (which accounts for 90%).
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Tuesday, 20 December 2016

Benefits of Facebook Marketing


Benefits of Facebook
        Facebook is always first choice for campaign because of its user volume. See the  table below:
            You don’t need to go towards each and every Facebook-user personally, because of its Sharing features.  Segmentation of user is available age-wise, gender wise, profession-wise and geographical location wise as well. You may easily categorize your target audience for your product and services.
                 Comfortably you may aware the volume of your target audience. Most important it’s cheaper and effective.  Quick interchange the information (Text, Image, Audio & Video) between users.

        Click here >>Click >>

        Rank
        Country Name
        Facebook Users
        1
         United States of America
         170,640,000
        2
         India
         65,635,600
        3
         Brazil
         60,487,400
        4
         Indonesia
         54,435,740
        5
         Mexico
         40,820,750
        6
         Turkey
         34,540,360
        7
         Philippines
         34,467,750
        8
         United Kingdom
         33,657,270
        9
         Germany
         27,735,740
        Labels:
        Location: United States

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