Cryptocurrency is the peer-to-peer transfer of digital currency
in which encryption techniques, independent of a central bank, are
used as a regulatory system, based on blockchain technology. The
blockchain essentially acts as an instant and permanent record
keeper which verifies transactions via a network of computers.
Let's think of cryptocurrencies, then, as programmable
money. Focusing on the underlying distributed ledger
technology (DLT), blockchain technology is regarded as providing a
low-cost, high-speed rail for moving money and title in a new
tokenised form. Tokenisation may be used to convert the value/title
of physical assets into a digital form, enabling the division of
ownership into a given number of tokens. These digital
assets, deriving their value from an external asset, such as
commercial real estate, have the ability to be traded, and are
regarded as security tokens which must comply with securities
regulations that are consumer protecting. The
