association

What is Association?
Association is a term used to describe the relationship between two or more cryptocurrency entities. For example, an association can be formed when one company works with another organization in order to develop and promote their respective digital currencies. This form of collaboration allows both parties to benefit from each other’s resources and knowledge in order to further support the growth of cryptocurrencies within their given industry. Associations are also often formed by groups that share similar interests or goals regarding cryptocurrency adoption and use. Such associations may include industry organizations, research institutions, universities, financial firms, technology companies as well as individual enthusiasts who come together for the purpose of driving awareness around certain blockchain projects.