Public Ledger

Bitcoin
Bitcoin is a decentralized digital currency introduced in 2009, often utilized as a medium of exchange and a store of value. Unlike traditional currencies, it is not backed by any government or financial institution and can be 'mined' using specialized software. Transactions are recorded in a public ledger with anonymized identities, leading to debates over its potential use in illegal activities.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.