The Daily Dose

This post is part of a series titled, ‘Future of Communications,’ and is brought to you by Nexmo.

Bitcoin (BTC) is a digital currency that can be instantly transferred to anyone in the world. It was designed using cryptography to control the creation and transfer of money as opposed to relying on a central authority. Since Bitcoins operate without a central authority, supply is regulated by software as well as agreement by the network, and cannot be manipulated by any government, bank, organization or individual. The original software was designed by Satoshi Nakamoto, a pseudonym, under the MIT license and is open source. Some advantages of the currency include cheaper costs of sending money overseas, fast transactions (faster…

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