|E-currencies - Virtual Currencies|
The simplest way to look at the E-currency systems is not as a real currency such as the U.S. dollar, Euro, or the Yen, since those are actual currencies created and backed by their respective governments. You can’t exactly go to a currency conversion booth in France and ask to exchange your euros for E-gold|
Rather, E-currencies are stored in value units, in a sense, they are digital programs. You buy some digital widgets from a particular E-currency system and use them in whatever manner you wish. Your concern would be that whatever particular use you had in mind, such as sending programs to a friend in America, for example that the person on the other hand ends will accept your program for the stored value.
The business is e-currency, which allows internet-based purchase and sales transactions involving almost anything to be safely conducted at lighting speed. Safeguards are in place to make identify fraud, chargeback prevention and funds verification much more of a surety than anything the conventional means of payment in the non-cyber world can provide.
E-currency may only exist in the cyber world, but that is nothing new. When you make an investment in E gold is all about a profitable system that allows you to capitalize from the money that is moved through online transactions everyday.
The process that are going on when you are trading e gold or e currencies are providing the support for online cash. A cash flow exists for all of the cash that is managed all over the internet everyday.
Here are some of the most utilized and trusted e-currencies worldwide, some have been in business for quite a while now, but the preference for such will be dependent on the user’s choice and convenience.
• Liberty Reserve
• Perfect Money