Digital currencies are based on blockchain technology mainly as a backbone. It has the capacity to disrupt currency specifically financial services by reducing the cost and complexity of financial transactions, on which amplifies transparency. It will greatly improve different sectors across the globe.
Moreover, transactions used provides anonymity and cannot be counterfeited. In addition, digital currency transactions takes place at the same speed, regardless of where the sender and receiver are located. But the biggest advantage by their nature, are secured and are easy to transact.