Friday, August 31, 2007

Digital Coins


The Randomat idea for digital coins distinguishes itself by not relying on questionable encryption for the security of the mint. Security is hinged on the randomness of the identity of the bits -- using the Randomat bit language.

The Randomat based digital coin allows for a unique feature called
The Approval Tree. This feature allows for a distributed network for payment approval. It alleviates the dichotomy of either having no approval at all (relying on physical security), or having a single approval source, which tends to be overburdened.

Randomat digital coins can be readily combined and readily split --
by the traders themselves. It can be used to substitute for banking facilities (offering interest, and stock purchase), and Randomat digital coins offers a full range of anonymity while providing law enforcement with the tool to catch financial criminals.

This Randomat digital coin solution offers a robust answer to the
difficulties the plague the many alternatives that flood the market.

Digital Currencies

Electronic money - also known as digital currency - based on stored-value, smart card, or other technologies, have been developed to facilitate consumers and businesses to engage in global electronic commerce. Digital Currencies are cheaper, faster, safer, global, and more private than traditional credit cards and bank wires. This is the anonymous tax free easy access currency of the future. Non - tracable, no ID required, easy web based account access and has very low fees.

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