Glossary

Glossary

Term Book Chapter Definition
Bitcoin Bitcoin Chapter 11: Bitcoin in E-commerce A decentralized digital currency used in e-commerce for lower transaction costs, access to a global market, and secure transactions.
Bitcoin Ethereum Chapter 2: Ethereum vs Bitcoin A prominent cryptocurrency created in 2009 by an anonymous figure known as Satoshi Nakamoto. Its primary purpose is to serve as a digital currency, a means of storing value and a method of transfer for goods and services.
Bitcoin Money and Banking Chapter 2: The Nature and Evolution of Money The first cryptocurrency, created as an alternative to traditional financial systems. Its decentralized nature appealed to those seeking a system free from government control, while its transparency and immutability offered solutions to issues like fraud.