Cryptocurrency
Term · Logistics and supply chain · MLC-T-LOG-000062
A digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. These decentralized systems are based on blockchain technology, which records transactions across a network of computers. In supply chains, it offers a potential method for transparent and secure financial transactions, especially for international payments.
| Identifier | MLC-T-LOG-000062 |
|---|---|
| Field | Logistics and supply chain |
Record as JSON
{
"id": "MLC-T-LOG-000062",
"term": "Cryptocurrency",
"field": "Logistics and supply chain",
"definition": "A digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. These decentralized systems are based on blockchain technology, which records transactions across a network of computers. In supply chains, it offers a potential method for transparent and secure financial transactions, especially for international payments.",
"url": "https://mlchart.com/terminology/logistics/cryptocurrency/"
}
Record 68 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.