The involvement of the blockchain Technology in the financial world is very much impressive as there are lots of future of the blockchain technology that could be very beneficial for the financial system.

Cryptocurrency is used as a medium of exchange and has no central authority to manage it. Instead, it uses peer-to-peer networks (also known as "blockchain") to verify transactions without involving any third party or centralized server.

Yes brother, the transactions that are carried out through the cryptocurrency are very much transparent secure and efficient as compared to the other systems.

Thank you for nice explanation. Good luck for the contest.