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Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Cryptocurrency Money Cash Investment Economy

Cryptocurrency is defined as a digital or virtual form of currency that employs cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks that utilize blockchain technology. This revolutionary technological framework enables secure, transparent, and efficient transactions over a peer-to-peer network without the need for intermediaries such as banks or payment processors. Photo by David McBeeRead More »Economy 101: Cryptocurrency: Fueling a New Economic Paradigm

Technology 101: The Headache of Having Multiple e-Wallet Apps

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In today’s world, one cannot escape from performing financial transactions through the internet, e-wallets or pre-paid cards. We have become a cashless society considering the high risk of carrying cash around and the ease of performing financial transactions using online and e-wallet apps. Photo by Andrea Piacquadio from Pexels

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World News 101: All About FinCEN Leaked Files

FinCEN US Banking Banks

Everyone reports information to FinCEN and this includes banks from unlikely countries like China. Bank transactions leave a trail of paperwork and footprints and this is how some people get caught. Image source: International Consortium of Investigative Journalists

Read More »World News 101: All About FinCEN Leaked Files