Why cryptocurrencies are transforming the financial world
In recent years, the financial world has experienced an unprecedented pace of change, and one innovation in particular, namely cryptocurrencies, has attracted a lot of attention. These assets, based on cryptographic principles and decentralized networks, have ushered in a new chapter in the history of money. Cryptocurrencies such as Bitcoin, Ethereum and many others have evolved from niche products into a global phenomenon and an attractive option for investors, companies and private investors. But why are cryptocurrencies revolutionizing the financial world and what opportunities and risks do they bring?