The distributor of a well-established fashion retail company, Hennes & Mauritz, H&M has begun to accept cryptocurrency e-commerce Champion for cryptocurrency payments. The founder and CEO of H&M Distributors, Herb Needham explained, “Accepting cryptocurrency payments allows us to share that expertise with even more clients by removing many of the barriers that made it difficult to sell internationally before.”
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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