Bitcoin is a digital currency that was created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.1 The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, …
What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, …
What Is Digital Money? Any means of payment that exists purely in electronic form. Digital money is not tangible like a dollar bill or a coin. It is accounted for and transferred using computers. The most successful and widely-used form of digital money is the cryptocurrency Bitcoin. Digital money is exchanged using technologies such as smartphones, credit cards, …
Digital trade as traditional trade, is a part of the larger picture of the economy. Digital trade is part of the growing digital economy and affects the non-digital larger economy. Digital trade is not new. However, despite it being around for a while, there is no definitive definition and scope globally agreed upon. This has …
Cost of Website Design in Ghana Determining the cost of website design in Ghana can be a simple but a challenging exercise. Whether you’re a business owner or IT Manager or Website Manager whose task is to draw up a budget for your company’s website design and development, you’ll have to consider certain factors. Kindly …
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