What is it?
The world of business has recently witnessed a new revolution of a different kind, represented by the emergence of what is called electronic money. These are virtual digital currencies used in exchanges and financial transactions such as money transfers and direct payments electronically, meaning they are used only over the internet. There are dozens of types of these currencies such as: Bitcoin, Litecoin, Dogecoin, Namecoin, Peercoin, and Fuzzcoin. The importance of each digital currency is determined by the number of users, the structure of each network, and the platforms where they are exchanged.
