What are the examples of centralized?
Description
Traditional banks are examples of centralized organizations, where financial transactions are managed by a central authority. Because they handle user information and content, social media sites like Facebook and Twitter are similarly centralized. An additional illustration would be a centralized cryptocurrency exchange, such as Clarisco, which is a centralized exchange development company run by a single organization that manages all trading activity.
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Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"