First thing to avoid is the holy troll comedy, I say, yet the concept of cash. Cash here is the form of paper money, polymers and coins, rather than put out debit language.

1. Digital money - The future of payments non-cash
First thing to avoid is the holy troll comedy, I say, yet the concept of cash. Cash here is
the form of paper money, polymers and coins, rather than put out debit language.
In this article I will try to explain the vast majority of people read to understand the
nature of digital money. To understand digital money, it requires you to have knowledge
of both finance and information technology, namely knowledge about the currency and
technology data storage.
Allow to go out margin thread a bit, but I found it necessary because this is phenomenon
is common, it's status multi-level virtual money. I see many people confused and can
look no sympathy about multi-level, in fact, multi-level is a form of sales-like form
current sales, company sales to distributor, distributor to resell the goods for agent level
1, level 1 agent resume sales for dealer level 2,... ultimately to consumers. Similarly,
multi-level form is sales, as forms of traditional sales. The biggest advantage of multi-
level sales compared with traditional sales, which is multi-level't cost much, and
advertising. So all the products and services are all can use multi-level form to bring
products to consumers, thus multi-level't bad nor good, and form multi-level sales will
exist long, especially in the economic conditions of the world as it is today.
Virtual currency and digital money has to be a no? Due to the way the call briefly called
digital money is virtual money, but the main way call laconic this that makes digital
money bring the bad side. Because in English, the word “Virtual” is often negative
meaning like “virtual life”... what is not real cannot be used.
Back to the main theme, to give the reader a clear understanding of digital currency
(Cryptocurrency) first I will outline the history of currencies: the first is the form of
exchange of goods - customers ( the A wishing to use the products of B, and vice versa
person B also wishing to use the product of A, so the two exchange directly with each
other). Designed to be form - row-row - row ( At this time there is a product acts as a
bridge for exchange of goods). 'm so bulky goods, shipping a lot of work since the
ancient replace it with gold, silver. Gold, silver that hold 1 or 2 of them, then no matter
what, but a few thousand of the very world is created checks. In essence, cashier's check
is a receipt sent (here is gold, silver). When we see the film swordplay, occasionally
encounters scenes bring the check to the money page, but can't get gold or silver, one of
the main causes that are fraudulent checks (cheques not by money page released).
Development rather than paper money polymers currently, in essence this is a sheet of
paper had recorded an amount of value and be protected by the state. To not be fake, the

2. state used the type of raw material in particular, but occasionally we still see counterfeit
money because of the level of hacker money more developed state.
Finally, online payments or card swipe, make the majority of the members delicate all
have bank accounts and at least once you make the transfer from his account to the
account of another person or take food with you girls forgot to bring cash and card
payment. Transfer or card swipe, in essence, it is just the recording information of the
money out on your account. For example, you transfer it to someone, then, in your
account by reducing the number of money transfer + free, also account the receiving
party will increase right amount of money that you transfer. A drawback of the online
payment or card swipe that related in information technology, for example, system
upgrades, or virus infection to the user, at this time do not do the transaction. Worse is
hacker intrusion, edit, trading information, make money no come to the right place. Due
to the information stored in the banking system change, but the user don't have anything
to prove is made right manipulation.
The blemishes on your form of payment through bank current highlight digital money. In
essence, digital money is also a form of records but using blockchain technology, that is
the information about transactions between the account, the new account is created and
the old account is deleted.. in a specified amount of time will form a block (called a
block), the following block will be created based on the data of the previous block and
connected to each other and form chains (called a chain) and the data are coded according
to the different methods, which we call algorithm such as SHA256, Ethas, Equihash,...
Here are the advantages of digital money in comparison with the form of payment
through the bank, the hacker will see much more difficult because, in addition to decrypt,
then there is a problem that is if the change information of a block, then the whole mass
behind it to change. However, nothing is absolute, digital currency also encounter it's
status attack oversold (attack 51%) and the development team is developing technology
to deal with this situation (if I get a chance I will write a separate post about this issue).
Further, digital currency there are 2 main forms which are non-concentrate and focus.
Digital currency decentralized development more powerful than digital money focused.
This distinction is based on how that information is stored. Digital money, africa focused,
is the information about the transaction.. stored in all of the wallet and node is Bitcoin,
ethereum, zcash, Monero,... Money digital focus, the transaction information is stored in
one or a certain number of points, often issued by the institution created, typically have
Ripple, USDT. Advantages of concentrated form than non-focus is the guaranteed
switching between paper money and digital money issued by the institution out. Also
advantages of digital money, africa focused, is to use the infrastructure of the community
should speed transfer fast download. And that is particularly inflation, valley chunk of

3. money digital unlikely discharge with respect to the form of non-focus, this is probably
the main cause that the organization created in digital coins to select a form of non-focus.
Back issues swiped my bank card after each scan the card, then the card holder will be
put back an invoice verify the payment. But accidentally, you do lose that invoice and
when the need for lighting the stars, and maybe not just accumulate invoices that for full
wallet? And what happens when there is an invoice that account, receive no money?
Similar to what happened in the digital currency, how to know that the sender has sent
and received. The programmers have created a code which in the digital currency called
Tx (I like to call, is the code to send the money). When creating a transaction from
account A to account B (the call is not correct, but here we provisionally accepted
before), it will generate a code to send money, and this code is unique in the system. The
sender and the receiver can use this code to check the status of transactions, as follows:
transaction is initialized -> are in the process of transfer -> finished. Thus the falsity or
create trading simulator will be difficult to implement for digital money.
After reading close to 2 pages A4, will many of you wonder “digital Money - the future
of payments non-cash” now. Well to give you an idea, I will take the example
*The first example is you ride the bus, instead of paying in cash and grab tickets as now
you can use the digital currency to be in your device payments and get the code to send
the money as the ticket (socially will help be part of the cost in the ticket), and also easily
control the condition without fraud (the pay, but employees do not tear the ticket).
*For example Monday: you go shopping, instead of swiped cards and get an invoice, you
can use digital money, like today, technology touches to payment are thriving as samsung
pay, google pay, apple pay.
Digital currency is a new field in direct competition with cash and that special status is
decentralized, making management difficult should The government the water is not salty
enough. But in the future, when governments afford management, it, digital currency will
replace cash and time this form of payment, cash popular.
First time writing a post, please be gentle. If there throwing stones, just ruby, the
diamond that throw please./. https://uii.io/Digital_Money