E-currency is an electronic world wide currency for the world wide web.it is the future of online transactions.it is an online payment system that combines money,Gold or other precious metals with internet technology to provide a safe,easy and inexpensive way for anyone to transact business 24hours a day.
E-Gold was the first digital currency and it is 100% backed by at all times by Gold bullion issued by E-Gold ltd.---a Nevis corporation.
Gold money payments are made electronically using Goldgrams,which are grams of gold that circulate world wide through the internet.By combining Gold and internet technology to produce "a solid currency for Global commerce"Goldmoney brings a new proficiency to the way business is transacted.
E- bullion is electronic bullion;international currency fully backed by physical precious metal stored on behalf of account holders in Treasury grade bullion storage facilities.
An extract taken from the E-Gold website says e-gold is integrated into an account based payment system that empowers people to use gold as money.Specifically,the e-gold payment system enables people to spend specified weight of Gold to other e-gold accounts.Only the ownership changes-the gold in the treasury grade vault stays put.for example
cash cards international uses gold as a backbone to every V-cash dollar[virtual currency]
click on the following link and get the full low down on v-cash.http://www.cashcards.net/rep/115078
WITH V-cash ACCOUNT YOU CAN
1.Exchange a national currency for e-gold.
2.Buy goods and services online and pay with v-cash
3.V-cash has no borders.So you can transact anywhere in the world where there is internet access.unlike Paypal and other payment systems that are limited to a particular country or group of countries.
4.V- csah is also very cost effective.No matter where you live ,spending v-cash is free.only recipients of the payment pay 1% fee on the amount of the transaction.It cost nothing to open an v-cash account.There is no minimum balance requirement.There is no concept of "merchant account"
http://www.cashcards.net/rep/115078
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