It is quite interesting to find out that developmental projects in the line of finances are being undertaken in order to have a better world where everyone is comfortable and opportunities abound for everyone without denial. The development of the digital currency otherwise known as cryptocurrency is one of the ways through which the world is being made a better place. You all know that fiat currency has limitations especially in international trade and that's why the US dollars has been used over time as the base currency in international transactions. However, the tide is changing with the emergence of Polkadot and many others.
The first thing is that all of these currencies are built on a technology known as blockchain technology although the nature of each of the blockchain used is different. Furthermore, it is highly decentralized, meaning it is not controlled by the government or individuals but by market forces. That is, the value of these currencies increases when there is an increase in their demand in the marketplace. Therefore, people can invest into the currencies by buying certain units of the currency. Although Bitcoin and Ethereum seem to be the major thrust of the cryptocurrency market, there are other ones doing well and making quantum leaps when it comes to demand and their value. Polkadot is one of these currencies doing pretty well.
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