This is the third and final part of the series Bitcoins in Online Trading. The second part of the article can be read here. Through the Internet and its commercial use, the demands on cryptography have increased. Due to these requirements, a separate area has developed whose main task is new information systems that protect against unauthorized access. The aim of these crypto methods is to … [Read more...]

This is the second part of the series of articles on Bitcoins in Online Trading. The first part can be read from here. To better understand use of Bitcoin in online commerce, we first have to understand the online trade as a business concept. The term e-commerce consists of the two terms electronic and commerce. Thus, an online trade is understood as a business concept by generating the sales … [Read more...]

Money plays a central role as a recognized means of exchange and payment. Printed money is losing importance and money in digital form is becoming increasingly important. It is quite possible that the electronic money stored in the form of smart cards or in computer programs that can replace traditional coins and bills from the system. But not only the money in paper or coin form gets through the … [Read more...]