The document discusses a decentralized model for the exchange of e-courses between Coimbra Group universities. This model involves no central structure or extra central e-learning platform. Participation is optional for Coimbra Group universities and open to other universities. This proposal could help achieve the goals of the Bologna Process by fostering international openness and mobility through virtual mobility. Some perspectives on virtual mobility include using existing technological infrastructures, conducting pilot projects, fostering intercultural exchange, and addressing issues like ECTS recognition and quality of courses.