Digital financial transactions provide numerous benefits such as convenience and ease of making
payments online but pose privacy risks that can potentially harm both consumers and merchants alike. As
increased data security breaches become common commonplace, there are growing concerns about
payment privacy. Today’s customers want to be in control of their data and how it is being used. To
address these concerns, policymakers now recognize the importance of payment privacy in all online
payment processes. Find out why there is a legitimate need for privacy in every payment transaction one
makes online by reading the articles written by the Web Safety Tips experts.
Is Bitcoin anonymous? This is a common question for people who are still new to cryptocurrency. The truth is that Bitcoin is pseudonymous. That means users can send and receive cryptocurrency without providing any personal credentials like you would with a regular credit card transactions. But, if you want total anonymity with Bitcoin then you … Read more
Over the last few years, people’s interest in Bitcoin and blockchain technology has skyrocketed, and besides that, the public is finally taking note of the lucrative nature of digital currencies and their ability to disrupt the global financial system. The most attractive aspect of Bitcoin is the fact that it’s based on open-source technology, which … Read more
The interest in Bitcoin is at an all-time high. This is despite the fact that it now has competition of more than 1,600 other cryptos. Like most people, you’re probably asking yourself, what is Bitcoin anyway? Well, it’s a digital currency that was initially introduced in January 2009 by Satoshi Nakamoto. The legend has it … Read more
An increasing number of people are starting to wonder; is it safe to invest in Bitcoin in 2021? Look, there’s no shortage of investors who brag about making serious bank from their Bitcoin. This has been especially true in the last few years. Since it came onto the scene in 2009, Bitcoin has increased in … Read more
Over the years, Bitcoin has proven itself as a reliable and lucrative currency that offers a number of benefits. This includes low transaction fees, as well as quick and secure payments. With that said, blockchain currency is not as private as conventional currencies. This doesn’t mean that it’s impossible to pay with Bitcoin anonymously though, … Read more
A lot of people nowadays believe that the ship has sailed when it comes to investing in Bitcoin and other cryptocurrencies. While there is some truth to that statement, it seems that cryptocurrencies and the blockchain technology isn’t yet done disrupting the conventional monetary system. This doesn’t take away from the fact that there’s a … Read more
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