What is Bitcoin (BTC)?

BTC definition: What is Bitcoin? Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.

What is shell's Blockchain Strategy?

Shell’s blockchain strategy is founded on three distinct pillars. We are leveraging blockchain technology to reimagine current processes, deliver cost savings, increase efficiencies and drive standardization across our processes and, indeed, across the entire energy industry.

Can you sell bitcoin for cash?

You can sell bitcoin for cash through a peer-to-peer marketplace. This is a faster, cheaper, and far more private method. You can choose the form of payment you wish when you sell bitcoins to other individuals. If you know what you’re doing, peer-to-peer selling is safe.

What is a bitcoin exchange?

A Bitcoin exchange is an online marketplace that facilitates the exchange of cash or other digital currency for Bitcoin. It acts as an intermediary between a Bitcoin buyer and seller and accepts a transaction fee as its payment. To purchase Bitcoin on the exchange, here is what you’ll need to do: