*5 reasons why you should go for crypto currency!*
The global economy is inevitably moving towards a digital eco system. From investment to money transfer, everything is going paperless.
The newest and most promising addition to the digital payment sector is crypto currency.
As a decentralized digital or virtual currency that uses cryptography for security making it difficult to counterfeit, also since it is not issued by a central authority, governments can't take it away from you.
Over the last couple of years, digital currency has been rapidly gaining the public eye. Here are some good reasons behind it.
*Fraud-proof:* when crypto currency is created, all confirmed transactions are stored in a public ledger. All identities of the coin owners are encrypted to ensure the legitimacy of record keeping. Because crypto currency is decentralized, you own it so neither government nor banks has any control over it.
*Identity Theft:* Blockchain technology ensures secure digital transactions through encryption and smart contracts that make the entity virtually unhackable and void of fraud. With security like this, blockchain technology is poised to impart nearly every segment of our lives soon.
*Instant settlement:* blockchain is the reason why crypto currency has any value, Ease of use is the reason why crypto currency is high in demand. All you need is a smart device, an internet connection and instantly you become your own bank making payments and money transfers.
*Accessible:* there are over two billion people with access to the internet who don't have rights to use traditional exchange systems. These individuals are clued-in for the crypto currency market.
*You are the owner:* there is no other electronic cash system in which your account is owned by you.