UTC Time
By CoinGecko | Updated on Mar 03, 2020
UTC-time is the time standard used to internationally denote time. In the context of the cryptocurrency industry, due to its decentralized nature, companies and consumers are located all over the world each using different time zones. Using a standardized timing makes it less possible for cause confusion.
Related Terms
Bull Market
A bull market indicates the direction of the market going in an upward trend.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
State Channel
Secondary payment channel occuring off-chain
Internet of Things (IoT)
It is a system that lets any devices that are connected to internet to comunicate with each other without human-to-human or human-to-devices interactions.
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