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03/07/2024

Can Paying in Cryptocurrency Keep Your Data Safe?

IT Security Guru

We have witnessed cryptocurrency’s rise from speculation to popularity because of the many benefits it offers and the financial gaps it has managed to fill in many industries, including finance, retail, entertainment, and many more. Some of the most commended benefits are the increased security and privacy that cryptocurrency use offers as compared to traditional forms of payment. 

 

In this article, we will look at the ways in which cryptocurrency transactions can protect your sensitive information.

1. Secure Payment Processing

In the period between 2020 and 2022, there was an increased rise in credit card fraud, which affected a number of people, especially small businesses.

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