Digital cash,
Definition of Digital cash:
Money that may be transferred electronically from one party to another during a transaction.
Refers to several systems which enable a buyer to pay electronically by transmitting a unique number (called digital certificate) similar to a banknote number. Unlike credit card payments where the identity of the buyer can be established, digital cash (just like real cash) is anonymous. Also called electronic cash or electronic money.
How to use Digital cash in a sentence?
- Anonymous digital cash would accelerate money laundering and encourage tax evasion, U.S. government officials have said.
Meaning of Digital cash & Digital cash Definition
