The world has witnessed a radical transformation in financial systems over the last two decades thanks to the emergence of digital currencies, which have become a global phenomenon attracting the interest of governments, institutions, and individuals alike. These currencies, which rely on encryption technologies, represent a new alternative to traditional money and promise a revolution in the way money is exchanged and wealth is managed.
What are digital currencies?
Digital currencies are a type of currency that is only available in electronic form, with no physical existence like paper or coin currencies. Among the most famous types are cryptocurrencies such as Bitcoin and Ethereum, which rely on blockchain technology to ensure transparency, security, and immutability.