Kriptovalute, or cryptocurrencies, refer to digital or virtual currencies that use cryptography for security. They are decentralized and typically based on blockchain technology, which is a distributed ledger enforced by a network of computers (nodes). Cryptocurrencies operate independently of a central authority or government, which means they are not subject to traditional regulations or controls.
The most well-known cryptocurrency is Bitcoin, created in 2009, but thousands of alternatives exist, including Ethereum, Ripple, and Litecoin. Cryptocurrencies can be used for various purposes, including online transactions, investment, and as a means of transferring value across borders without the need for intermediaries such as banks.
Their value can be highly volatile compared to traditional currencies, and they can be subject to regulatory scrutiny in different jurisdictions. The rise of cryptocurrencies has prompted discussions around their implications for monetary policy, financial systems, and the future of banking. In the context of human resources (HR), knowledge of cryptocurrencies may be relevant for understanding employee compensation methods, benefits, and emerging trends in the financial aspects of employment.
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