Digitized Currency lets individuals to exchange values electronically removing the physical component from the exchange of currency.
- Digital currencies can be used to maintain the anonymity of the customer in an online transaction, whereas users of online payment systems are usually identifiable, at least to the service to which they subscribe.
- Digital currencies themselves can support an actual transfer of value by themselves, without linking to some third party credit provider or financial institution for authorization to complete the transaction.
With many digital currencies, you are holding “cash ” in your account just like you would hold notes and coins in your wallet. As with cash, when you give it to someone else, they own it, unless they give it back or give it to someone else.
Below is a brief overview of the most known and reliable digital currencies.
GOLD BACKED CURRENCIES
E-Gold
GoldMoney
E-Bullion
Pecunix
Crowne Gold
E-Dinar
OTHER DIGITAL CURRENCIES
WebMoney
1MDC
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