Best Bitcoin Wallets – 2022
Ultra-secure Trezor and software wallet Exodus are top choices. We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation…
Intangible Property – Intellectual Property
Intangible property, also known as incorporeal property, is something that a person or corporation can own and transfer to another person or corporation but has no physical substance, for example,…
Financial Institution Definition
Financial Institution – A “financial institution” includes any person doing business in one or more of the following capacities: (1) Bank (except bank credit card systems) (2) Broker or Dealer…
Currency: What It Is, How It Works, and How It Relates to Money
What Is Currency? Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper and coins, usually issued by a government and…
Initial Coin Offering (ICO): Coin Launch Defined, with ExamplesInitial Coin Offering (ICO): Coin Launch Defined, with Examples
What Is an Initial Coin Offering (ICO)? An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an initial public offering (IPO). A company seeking to raise money to…
What is Financial Technology (FinTech)? A Beginner’s Guide for 2022
FinTech (financial technology) is a catch-all term. FinTech (financial technology) is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of…
Do I Need a Hardware Wallet to Store Bitcoin?
What is a Crypto Hardware Wallet? Unlike software wallets, which are vulnerable to security holes and hackers, offline hardware wallets were developed so that you no longer have to trust…
Mobile Wallet: Definition, How It Works, Vs. Digital Wallets
What Is a Mobile Wallet? A mobile wallet is a digital wallet that stores payment card information on a mobile device. Mobile wallets are a convenient way for a user…
What Is a Paper Wallet? Definition and Role in Cryptocurrency
What Is a Paper Wallet? A paper wallet is a piece of paper with your private and public keys printed out. Some paper wallets might also have a scannable barcode…
Digital Wallet Explained: Types With Examples and How It Works
What Is a Digital Wallet? A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. These…