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TECH 101 Buzz Words: Cryptocurrency - October 15, 2021 - 0 comments

Why is it important?

Cryptocurrencies make it easier to transfer funds directly between two parties, without the need for the involvement of a trusted third party like a bank or a credit card company. These transfers are instead secured through the use of public keys and private keys.
Fund transfers are completed with minimal processing fees, allowing users to avoid the high charges by banks and financial institutions for wire transfers.

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