What are crypto assets and how can they be used?
Crypto assets are electronic currencies that serve as alternatives to national currencies. The first and best-known cryptocurrency is Bitcoin. The term ‘crypto assets’ can also refer to all kinds of digital assets that exist in the Internet exclusively. A crypto asset uses cryptography, P2P networks, and distributed ledger technology (DLT) that regulates the fabrication of new units. DLT helps validate the transactions and make them secure without any human interference.