Digital systems are finding their way into the financial sector. More and more financial institutions are aware of the importance of “artificial intelligence”. Financial institutions also place cryptocurrencies more and more prominently.
Main ways of using cryptocurrencies
It is buying and selling of different currencies with the aim of generating speculative profits.
Paying personal expenses
Merchants, some airlines, Microsoft, Dell and some restaurant chains already accept bitcoins as a means of payment.
This is where the Bitcoin protocol allows ownership rights to be transferred without the intervention of an intermediary such as a government or agency. Users can invest directly in start-ups or support charity projects.