--- title: "How are cryptos different from blockchain?" description: "How are cryptos different from blockchain?" author: "Sandra Emily" published: 2022-05-18 canonical: https://answers.mindstick.com/qa/97453/how-are-cryptos-different-from-blockchain category: "troubleshooting" tags: ["troubleshooting", "cryptocurrency"] reading_time: 2 minutes --- # How are cryptos different from blockchain? How are cryptos different from [blockchain](https://www.mindstick.com/articles/44073/blockchain-could-transform-the-world)? ## Answers ### Answer by Hitesh Vohra - **Blockchain** is a decentralised storage technique that is used to save data. **Cryptocurrency**, like the US dollar, is a medium of exchange. Beyond cryptocurrency transaction records, a blockchain can be used to store a variety of data. - A monetary value exists for all cryptocurrencies. You've probably heard about Bitcoin reaching a high of 65,000 dollars (about 48 lac rupees) or Ether reaching a high of 4,000 dollars (about 3 lac rupees). There is no monetary value to a blockchain. - Beyond cryptocurrencies, blockchain technology has many applications. Blockchain can be used in banking, healthcare, supply chain, and retail to record transactions. Cryptocurrency is a type of digital money that may be used to buy goods and services as well as to invest. - Blockchain technology is decentralised and globally dispersed. There is no single location where all of a blockchain's records are kept. Although cryptocurrency is stored in blockchains, it can be accessed through mobile wallets. If you have a bitcoin wallet, you can use it to conduct business with anyone who accepts bitcoins. \ **Read More: [What can you buy with cryptocurrency, and how?](https://answers.mindstick.com/qa/97450/what-can-you-buy-with-cryptocurrency-and-how)** --- Original Source: https://answers.mindstick.com/qa/97453/how-are-cryptos-different-from-blockchain Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.