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1.4 Uses of Cryptocurrency 1.4.8 Privacy and security: Some cryptocurrencies, like Monero and Zcash, focus on enhancing privacy and security. They use advanced cryptographic techniques to ensure transaction details are kept private and secure. #CryptoBook #cryptobasics #cryptouses #cryptoguide

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1.4 Uses of Cryptocurrency 1.4.7 Initial Coin Offerings (ICOs) and token sales: ICOs and token sales are methods for companies to raise funds by issuing new cryptocurrencies or tokens. Investors receive tokens in exchange for their investment, which can be used within a project's ecosystem or traded on exchanges.

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1.4 Uses of Cryptocurrency 1.4.6 Tokenization of assets: Tokenization converts physical and digital assets into blockchain-based tokens. This can include real estate, art, and commodities, allowing for fractional ownership and easier transfer of assets. #CryptoBook #cryptobasics #cryptouses

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1.4 Uses of Cryptocurrency 1.4.5 Smart contracts: These are self-executing contracts with the terms directly written into code. They automatically enforce and execute agreements when predefined conditions are met, reducing the need for intermediaries. #crypto #btc #eth #sol

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1.4 Uses of Cryptocurrency 1.4.4 Decentralized finance (DeFi): DeFi uses blockchain technology to offer financial services like lending, borrowing, and trading without intermediaries. This democratizes access to financial services and reduces costs. #Cryptocurrency #CryptoBook #cryptobasics #cryptouses #Decentralization

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