Blockchain represent a new shift in the way and manner information is shared, hence institutions are curious to figure out how they can use the distributed ledger technology to save times and reduce costs across their services.

It is a decentralized or distributed ledger where each node in the network has access to the data or records stored in a blockchain. The encryption of all the important data records in the blockchain is done using cryptographic techniques. This ensures the security of the data in the blockchain.

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which make it nearly impossible to counterfeit or double-spend.

A defining feature of cryptocurrencies is that they are generally not issued by any central body or authority, rendering them theoretically immune to government interference or manipulation.

Smart contract are digital protocols for information transfer that use mathematical algorithms to automatically execute a transaction once the established conditions are met and that fully control the process.

The uses of such contracts are limitless, as they can be used to build decentralized exchanges, tokenized assets, games and more. In its construction, smart contracts disrupt not only legal spaces, but financial spaces as well.

Digital assets have become a potency for innovation since invention in the aftermath of the 2008 financial crisis. The blockchain technology has driven the value of the digital asset sporadically.

It is built on a long history of technological advancements in computer science, cryptography, and digital scarcity, and its dis-inflationary nature is designed to facilitate trust minimized, peer-to-peer transactions without a centralized intermediary in a highly secure and transparent way.