Quote from: Abbey85 on October 04, 2018, 06:23:50 AM

Electronic money is an accepted payment method in many countries. In many other European countries, digital money trends are also increasing. People should also be ready to approach and see opportunities to do better, reduce costs, and increase efficiency. Banks and computer security organizations can rely on multiple stakeholders and encrypt it to ensure increased security and safety; Public transport can be operated with blockchain without intermediaries; startup in the field can help set up the system automatically once the user knows how to use it; Energy distributors can cut the huge costs associated with distribution and centralized management.

Don't mix up digital money with crypto currencies. Both are virtual currencies, but digital money is related and equivalent of physical fiat currency. They are totally centralized and controlled by some authorities. On other hand, bitcoin and crypto currencies are virtual currency that is decentralized and has no relation with fiat currency (other than value evaluation) at all.