Crypto Academy

Smart Contracts: Automation of Transactions in the World of Cryptocurrencies

Smart contracts are one of the key innovations that have brought revolution to the financial and technological world. They became the basis for automating transactions in the cryptocurrency ecosystem and opened the door to the creation of decentralized applications (dApps). In this article we will look at what smart contracts are, their pros and cons, […]

20 February 2025

What is Cryptocurrency: a simple explanation of a complex term

Money that lives only on the Internet is called cryptocurrency. It is not tied to a specific country or bank, which makes it decentralized. All transactions with cryptocurrency are recorded in a special registry – the blockchain, which ensures the security and transparency of transactions. Thanks to this, cryptocurrencies have become a popular tool for […]

20 February 2025

Decentralization: Why is it important for the Future of Finance?

Decentralization, which lies at the heart of many blockchain projects and cryptocurrencies, promises to revolutionize the financial system. But why is decentralization considered so important for the future of finance? Let’s figure it out. What is decentralization in the context of finance? The traditional financial system, based on banks and other centralized institutions, has long […]

20 February 2025

Blockchain and its Role in the World of Cryptocurrencies

So what is the blockchain that powers the entire cryptocurrency world? At PayPilot Academy we came up with the idea of ​​comparing it with a giant Google Doc that is constantly updated and available to all participants. But unlike a regular document, it is almost impossible to change information in the blockchain. Each record is […]

20 February 2025