Blockchain is a continuous growing records lists which is called “Blocks” and data or records fully secured by using Cryptography. Blockchain is open distributed ledger that can records the transactions between two parties efficiently and in a verifiable and permanent way.
In a recent statement, the Federal Reserve Chairman, Jerome Powell, declared his support towards AMBERIBOR, which utilizes the Ethereum blockchain, as an alternative to LIBOR. Ethereum Based AMERIBOR Vs LIBOR Cryptocurrencies have existed for more than a decade now. However, last year has been quite significant for the industry as it welcomed several big companies