What is the meaning of digital currency

What is the meaning of digital currency? According to official sources, what is the meaning of digital currency? Understand this term from the principles of economics. In fact, it is a cryptocurrency based on a basket of assets. At present, it is a currency like Bitcoin or Ethereum, which has the characteristics of value, security and transaction; In addition, these tokens are also a form of virtual goods or services So, why does digital currency become a very important factor? Because its meaning has many different types. Specifically, for example: paper currency/hard drive wallet/smart contract wallet/debit card payment, etc. But without these types of application scenarios, it would not have had any substantial impact, and instead may have led to a stronger interest and demand for this financial product among more people

The meaning of digital currency

According to Cryptovest, digital currency is recorded and traded through blockchain technology in Chinese.

. It can make it more convenient and secure for people to transfer funds to any part of the world or use various services without facing the influence of intermediaries or the risk of being attacked There are currently several Bitcoin based online wallet applications on the market, including BitPay, Ripple, and Coinbase. Bitcoin is one of the most popular network tools, where users can send encrypted assets and convert them into other tokens; Ethereum is a new payment platform for receiving and reselling digital assets.