
What is coin ID scanner?
Could you elaborate on what a coin ID scanner is and its purpose within the cryptocurrency and finance landscape? I'm curious to understand if it's a hardware device, a software tool, or both, and how it assists in identifying or authenticating digital coins. Is it a common practice among cryptocurrency enthusiasts or primarily used by financial institutions? Additionally, does it provide any unique benefits or functionalities that other methods don't? Clarifying these aspects would help me gain a better understanding of the coin ID scanner's role and significance.
