How crypto in digital banks could work

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  • CNBC Television published this video item, entitled “How crypto in digital banks could work” – below is their description.

    Caitlin Long, Avanti Financial Group CEO and founder, joins ‘Power Lunch’ to discuss the growing integration of cryptocurrency and digital banks.

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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