A cryptocurrency is a digital representation of something valuable, such as money, that only exists online. Cryptocurrencies use cryptography to verify and secure transactions and are seen by many as the foundation of a better future economy. A cryptocurrency is a digital medium of exchange that uses encryption for securing the processes including in generating units and conducting transactions. In simple terms, cryptocurrencies are a subset of digital currencies but have no physical representation. Sometimes they may be used for online or in-person transactions with any vendors who accept them. https://gipresearch.com/patent-attorney/understanding-basics-of-cryptocurrency-and-utility-tokens/ #crypto #tokens #ico #law