Cryptocurrency is a new period of "medium of exchange" in the type of digital assets. It is a digital payment channel. The crypto space is emerging. Cryptocurrencies like Bitcoin and Dogecoin are anonymous.
If you own a cryptocurrency, you won't know who or where you sent the money. In other words, if you are sending money to someone, let's say a bank in the middle of Africa and you wouldn't even know where the money is going or to whom.
The cryptocurrency payment gateway is very safe for monetary transactions that can be done by crypto. Cryptocurrency uses cryptography to secure monetary transactions. It is the new medium of exchange in the world. These are decentralized digital assets. Cryptocurrency is managed by decentralized information and decentralized information management works through distributed ledger technology.
In Cryptocurrency, the distributed ledger technology is Blockchain which serves as a public database of monetary transactions.
Cryptography (Encryption)
It is the science and art of designing algorithms for secret communication.
Cryptocurrencies do not require an identity to make payments. Some say cryptocurrencies are an emerging financial tool that empowers people by allowing money to flow where it belongs and for people. We should be able to create and use our own money.
What is #SafeMoneyBag and how is it useful?
The #SafeMoneyBag is a way for women to securely store and control their Bitcoin or Dogecoin, as well as other cryptocurrencies in a secure wallet. We recommend women to carry a small purse or even a pocket wallet and simply go through the bag or the large contents. During the demos, we will have our #SafeMoneyBags with us and encourage women to carry and store them in their purse or pouch as a precaution. We want women to be safe.
Cryptocurrencies are attractive to people concerned about anonymity and privacy. These cryptocurrencies exist to allow us to buy things anonymously.
Can we think of women in this new financial system?
Women are the backbone of our society. They contribute to our economy with their work, even when they don't have the means. Many women have financial difficulties and have to do two or three jobs, or work full time and earn a salary. In fact, a large number of women who speak out against sexual harassment are single mothers and women who have multiple jobs putting food on the table. Most women live on pay to pay. Financial security is important. So cryptocurrency is suitable for women.
If you are a person concerned about the amount of taxes you pay or how much you pay on health insurance premiums, or you are not comfortable with the way our government manages our finances, then this project is perfect for you.