This essay has been submitted by a student. This is not an example of the work written by professional essay writers. Versus Other Cryptocurrencies

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There has never been a time the world is as information savvy as it is now. Acquisition of data is the key to retaining current customers or acquiring new ones. Believe it or not, the need for data has been on the increases on a daily basis since it is one of the biggest challenges most businesses face today.

A careful look at the data company reveals that it is not just congested but highly complicated and fragmented. Once you possess the needed data, you can control the market by keeping or attracting both old and new customers thus ensuring a long-term quality of sales and relevance in the market. The highly fragmented nature of the data industry has produced a confusing number of choices to businesses who are in dire need of this critical information.

It has been observed that the data in circulation and used by business owners and brokers are inefficient in carrying out effective marketing thus wasting a lot of money and resources. It was to this effect that was created to cater to the needs of data at all business levels.

Since data is the backbone of digital marketing, it is believed that possessing a decentralized data bank backed up by a cryptocurrency is necessary for the sharing of information in the marketing hemisphere.

Cryptocurrencies can be used not just as a medium of exchange but for the storage of values. They have been effectively utilized in all aspects of human life and thus creating is a stitch in time.

At the time of writing this article, there are approximately more than 1565 types of cryptocurrencies and the number keeps increasing on a daily basis. With the vast number of cryptocurrencies, I am quite sure you will ask the question “why should I invest in This article was written with the answer to that question in mind.

Similarities between and other Cryptocurrencies

The similarities existing between the and other cryptocurrencies are listed below;

  • A decentralized system of administration.
  • Integration of Blockchain technologies.
  • They are all used as a store of value

Differences between Mediculeum and other Cryptocurrencies

The difference existing between and other cryptocurrencies which makes it the best option for data management are discussed below;

  1. It is specially designed for Data storage:
  2. There has been an increasing demand for quality data and at the moment, over $209 billion has been dedicated to global advertising. One of the aims and objectives of creating is to empower Data source providers to provide access to their data and monetize it. With the integration of into your business, management of data will not only become easy but also cost-effective. The decentralized nature of the Blockchain technology will make access to data at all levels of business very easy.

  3. Incorporation of Artificial Intelligence:
  4. has successfully integrated the Smart Indexing Engine which will utilize the predictive analytics for confidence. This is a form of artificial intelligence using data analysis and machine learning. This does not just provide you with the needed data but with filtered and most accurate up-to-date data. This will go a long way in settling cases of individuals laying hands on outdated and irrelevant information.

  5. Utilization of Ethereum Blockchain
  6. utilizes the Ethereum Blockchain in combination with Smart Contracts for all its transactions and payments. The successful incorporation of this system of payment and artificial intelligence promises a secured transaction ledger database that will be shared across all the networks of computers in the decentralized system.


The introduction of will remove the layers of inefficiency and provide an open and transparent audit into the use and payment as well as the maximization of profits for both the data owner and purchaser.

Remember: This is just a sample from a fellow student.

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To export a reference to this article please select a referencing style below: Versus Other Cryptocurrencies. (2019, April 10). GradesFixer. Retrieved December 6, 2021, from
“ Versus Other Cryptocurrencies.” GradesFixer, 10 Apr. 2019, Versus Other Cryptocurrencies. [online]. Available at: <> [Accessed 6 Dec. 2021]. Versus Other Cryptocurrencies [Internet]. GradesFixer. 2019 Apr 10 [cited 2021 Dec 6]. Available from:
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