When Bitcoin appeared on the Internet as an open source software in January 2009, its use and specific terms like Blockchain was completely misunderstood by the vast majority of the world's population (and in Kiev also), restricting its use to a few enthusiasts who were looking for a way to without the multiple governmental impositions that still exist.
Over time, more and more people have come to understand what Bitcoin and its platform are, translating them into simpler and increasingly common terms and thus gaining far more adherents to this global payment system.
Bitcoin and eCommerce
As free trade is the fundamental part of the creation and use of Bitcoin, its use has expanded globally, offering benefits to buyers and sellers, while lacking the need for intermediaries, saves financial resources such as taxes and fees for operations management in each transaction, in addition to the security offered by data encryption and payment guarantee. For the right information https://casherbox.com/ is the best option for exchange bitcoins in Kiev.
These benefits have garnered attention from companies at all levels, from cafes and local tourism companies to large, globally recognized companies offering lodging, entertainment, travel or electronics, and opening up platforms for existing merchants themselves adopt Bitcoin among their methods of payment.
In the area of online entertainment, there are platforms such as Bitcasino.io that offer casino games to its customers and all operations performed within the platform, such as blackjack games, roulette and the payment of prizes thereon, are performed by Bitcoins and directly with users.
Bitcoin in addition to e-commerce
As seen above, trading through the use of crypto-coins is not exclusive to online business, because through the use of tools such as Coinmap.org, anyone can also find physical establishments worldwide that include crypto-coins such as Bitcoin between their methods of payment for goods or services, and on April 24, 2018, more than 12 thousand businesses are already registered on the map, ranging from cafes and restaurants to clothing stores, accommodation and transportation.
Cryptometrics and security within the trade
Since Bitcoin was introduced to the public, Blockchain's technology has stood out in global news because it greatly increases IT security, and at the same time it is transparent, since data from all transactions made within the network are publicly distributed between all users of the same and at the same time maintain the anonymity of the participants in them.
As mentioned earlier in this article, this makes a big difference compared to banks and traditional economies where all the details of users and their transactions are centralized on the servers of the same banks and government administrations, causing a major impact on system security and the information contained therein.
The big difference in security lies in the fact that for a hacker or group of hackers to perform a cyber attack on a centralized system such as a bank (as happened with Banrisul in October 2016), they only need to focus on a central server or in the case of a system such as Blockchain, where each user has access to check all transactions on the network, as well as to review the book with their history (the Ledger), a cybernetic a Blockchain would imply attacking each and every one of the users of the network at the same time, exponentially multiplying the difficulty of the theft or manipulation of the information contained.
In this way, Blockchain technology, in addition to being revolutionary, becomes a fundamental part of all companies and businesses that seek to offer a secure structure to carry out transactions with its users.