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Bitcoin coin symbol illustrating the first cryptocurrency

Cryptocurrency

What Is Bitcoin?

Bitcoin is a digital currency launched experimentally in 2009 by Satoshi Nakamoto. It has no ties to any central bank, can be bought and sold with national currencies and can be transferred without any intermediary.

Diagram illustrating how an API connects applications and servers

Payment Institutions & E-Money

What is an API?

Used as an abbreviation for Application Programming Interface, an API is an interface that allows an application's functions to be accessed and used from outside or remotely, letting an application on a server be reached from different platforms.

Brick and mortar bank branch illustration

Payment Systems

What Is a Brick and Mortar Bank?

“Brick and mortar” refers to a business's physical presence in a building. In banking, it describes the traditional branch-based model of face-to-face contact between bank and customer.

Internet of Things connected devices illustration

Payment Systems

What Is IoT (Internet of Things)?

The Internet of Things (IoT) is a concept first used by Kevin Ashton in a 1991 presentation. It refers to many electrical devices, such as watches, fridges and washing machines, communicating with each other.

B2C business-to-consumer e-commerce illustration

E-commerce

What Is B2C (Business to Consumer)?

B2C stands for Business to Consumer and refers to producers selling their products to consumers online. It is the most widely used and best-known business model in e-commerce.