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ARTICLE · 25 JANUARY 2018

The new digital era: Blockchain, cryptocurrency, and ICOs – Part 1

This article discusses the use of blockchain technology to create cryptocurrencies and tradable digital tokens and ICOs.

AustraliaTechnology

Now that cryptocurrency mania is all over social media, and even entering mainstream media content, most people will now know about Bitcoin. Bitcoin is a form of "cryptocurrency", an entirely digital form of currency the price of which is highly speculative. Although we will start this two-part series with a discussion of Bitcoin, this is only scratching the surface of the most exciting and lucrative digital phenomenon since the creation of the internet itself. And so many people are only just becoming aware of it. We will be taking you step by step through this incredible and nuanced digital world, and by the end your lexicon will be vastly improved to include new understandings of cryptocurrency, fiat currency, coins and tokens, blockchain, initial coin offerings, token generation events and investment. Believe me, you will impress all of your peers, friends and clients when the question is next raised "does anyone know anything about cryptocurrency or something

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