Sebastian Greenwood
Sebastian Greenwood CEO & Co-Founder at LOOPIUM. Check out the latest News on Sebastian Greenwood. Get latest news updates on Sebastian Greenwood.
By Sebastian Greenwood
Sebastian Greenwood: Profitable interest in investment begins with a smart investment and conducting due diligence on that investment. Cytopcurrency may be the next smart investment. Cryptocurrency: The Greatest Development in Global Finance The history of finance arguably began in Italy with the development of banking systems by the Medici family in the 15th century. The establishment of institutions devoted to both personal and professional finance was a huge development in the world of finance, as well as the history of the human race in general. This development revolutionized the way people handled finances and also created the potential for large sums of wealth to be accrued for individuals and businesses alike. The Medici banking system has remained largely unchanged until recent decades. With humanity’s growing dependency on technology, however, the financial systems of old stand to be remade by another development – cryptocurrency. What is Cryptocurrency? The textbook definition is simple – cryptocurrency is a digitized form of currency that functions independently of any central authority, and can be used for international business on all levels. Cryptocurrency was created as a reaction to the economic crises of the early 21st century. At that time, the majority of the world had their finances tied to traditional banking institutions. With the collapse of