Tag: Bitcoin to Fiat

Patent – A Blockchain Based System For Exchanging Value Between Crypto And Fiat Currencies

The concept of the digitization¬†of currency and implementation of cryptography to maximize the security of transactions is not new. Banks have been digitalizing fiat currencies for decades mainly via credit cards and payment processors. Nevertheless, the concept of rendering transaction records tamper-proof via basing the encryption of a transaction, or more accurately a block of transactions, on the proceeding one and broadcasting the whole records to all participating servers, has …
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Can Companies Simplify The Conversion From Bitcoin To Fiat Currency?

While most people struggle with the concept of converting fiat currency to Bitcoin, certain issues can arise when trying to convert BTC back to fiat. Depending on which exchange one uses, deposits and withdrawals in certain local currency might not be possible for whatever reason. A simpler and more convenient solution has to be found sooner or later. Also read: Joomla Websites Vulnerable To Critical Exploit The Struggle of Converting …
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