Sentences with phrase «new type of digital currency»

Bitcoin is a new type of digital currency; use the cryptographic keys that is spread out to network program computer...

And bitcoin makes sense as a new type of digital currency without control.

Not exact matches

Bitcoins are a new type of money, known as digital currency, designed for the Internet era.

Bitcoins are a new type of money — a «digital currency» that is being increasingly used all over the world.

The popular digital currency exchange makes headlines every time it adds a new type of coin (almost always causing an immediate spike in its value) or crashes when trading is at its most frenzied.

Gareth Grobler, the founder of ICE3X is confident about the relevance of ether currency to traders, he says, «The two - year old system has picked up backing from both tech geeks and big corporate names like JPMorgan Chase and Microsoft, which are excited about Ethereum's goal of providing not only a digital currency but also a new type of global computing network, which generally requires Ether to use.»

Thanks in part to the variety of international laws these bitcoin exchanges work with, and in part to the lack of new regulatory frameworks specifically for digital currency, exchanges and blockchain startups generally don't have the type of anti-money laundering protocols and consumer protections expected of traditional institutions.

But seeing how this is a new type of asset, people with lost of money in digital currencies must take the necessary steps to see to it that their funds are given to the people you care about.