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Developed in 1959 in part from a previous language design created by the legendary Grace Hopper, COBOL was an early example of an attempt at write- once, run- anywhere code at a time when it was more typical to write. Find the latest business news pertaining to Technology covering companies, advancements, multimedia, electronics, mobile technologies, and science available on the official CNBC Technology site. A cryptocurrency ( or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.