CNN published this video item, entitled “PayPal’s CEO talks digital payments and cryptocurrency” – below is their description.
Dan Schulman, President and CEO of PayPal, says the pandemic has accelerated the rise of digital payments. He also discusses the company’s decision to accept digital currencies.
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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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Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as: