In these accounts, are the Reserve Bank's own
electronic currency called exchange settlement balances.
Not exact matches
The National Bank of Hungary issued a warning to its citizens about the potential dangers of virtual
currencies on 19th February,
calling the payment method «much riskier» than other
electronic payment options such as credit cards.
On Tuesday Dec. 5, Bank of America Corporation, which noted the
currency's «clear potential for growth», was awarded a patent on an
electronic currency exchange
called a «cryptocurrency transformation system.»
As used herein, «Digital
Currency» means a digital asset (also called a «cryptocurrency,» «virtual currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store o
Currency» means a digital asset (also
called a «cryptocurrency,» «virtual
currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store o
currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an
electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store of value.
Looking at Trinity College Dublin again, O'Mahony, Tewari and Peirce gained attention after publishing extensive studies on the virtual
currency space, including a book
called «
Electronic Payment Systems for E-Commerce.»
Perhaps propitiously, the pseudonymous Satoshi Nakamoto — who may or may not be an Australian entrepreneur named Craig Wright — outlined a new protocol for a peer - to - peer
electronic cash system using a cryptocurrency, or digital
currency,
called Bitcoin.
It had also branded the virtual
currencies as a risky investment medium given the fact that, «They are stored in digital /
electronic media that are
called electronic wallets» and investors are «prone to losses arising out of hacking, loss of password, compromise of access credentials, malware attacks, etc..»
Cryptocurrency also
called as digital
currency (digital money or
electronic money or
electronic currency) is the type of
currency is available only in digital form, is not get in physical (like bank notes or any coin).
On the contrary, the same bank is making plans to roll out its own cryptocurrency that will be
called the Digital
Currency for
Electronic Payments - DCEP.