Crypto, short for “cryptocurrency,” refers to a digital or virtual currency that utilizes cryptography for security and operates independently of central banks. It is a decentralized form of currency that enables secure and transparent transactions without the need for intermediaries. Cryptocurrencies use blockchain technology, a distributed ledger system, to record transactions and maintain the integrity of the currency. In essence, crypto is a new form of currency that seeks to disrupt traditional financial systems by offering a more secure, private, and decentralized alternative.