Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger (or blockchain), which is a record of all transactions updated and held by currency holders.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. It launched in 2009 when its implementation was released as open-source software. Bitcoin is more than a store of value; it is a decentralised, borderless, immutable, open-sourced and transparent global payment system that cannot be controlled or corrupted by anyone.
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