👉 Excambion is a concept in blockchain technology, which stands for "electronic currency." It's a decentralized digital asset that operates on the blockchain network without any central authority. This means there are no intermediaries or banks involved; it's purely based on trust and peer-to-peer transactions. Excambions can be used as a medium of exchange to facilitate financial transactions between individuals, businesses, and organizations. They're particularly useful for online payments, where they provide a secure and transparent way for consumers