Financial Technology

2 words in this vocabulary list

noun a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly

  • The company implemented a Blockchain technology to secure their financial transactions.
  • I heard that Blockchain is being used to track the supply chain of products.
  • Blockchain is like a digital ledger that can't be messed with.
  • In a way, Blockchain is like a chain of blocks that stores information securely.

noun a machine used for keeping financial records and performing accounting tasks

  • The company recently invested in a new accounting machine to streamline their financial processes.
  • I heard they got a fancy new accounting machine at the office to help with all the number crunching.
  • I can't believe how fast the accounting machine is at adding up all those expenses!
  • Her mind works like an accounting machine, always calculating and analyzing every situation.