What technology supports digital currency transactions? 🔊
Technology supporting digital currency transactions primarily includes blockchain and cryptocurrency technologies. Blockchain acts as a distributed ledger that securely records all transactions in a decentralized manner, ensuring transparency and integrity. Payment gateways facilitate the conversion of traditional currencies to digital formats and provide secure transaction processing. Additionally, mobile applications and digital wallets allow users to easily manage and transfer digital currencies. This technology underpins the growing adoption of cryptocurrencies and enables efficient, secure financial transactions around the globe.
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