Tag: digital currency

Digital currency is a type of currency available in digital form . It exhibits properties similar to physical currencies, but can allow for instantaneous transactions and borderless transfer-of-ownership.

Like traditional money, these currencies may be used to buy physical goods and services, but may also be restricted to certain communities such as for use inside an online game.

Another form of electronic money is network money, allowing the transfer of value on computer networks, particularly the Internet.

Digital money can either be centralized, where there is a central point of control over the money supply, or decentralized, where the control over the money supply can come from various sources.