Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

$90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details - CoinDesk

14/09/2017 Link to source

$90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details GMO is not the only company to get involved in cryptocurrency mining. Japanese e-commerce giant DMM announced they would also be getting involved with the business. They plan to begin testing in October, and may enter full production by the end of ...

Context

http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/japan.gifJapan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/framework/digitalmoney.pngVirtual Currency
Virtual currencies, also known as crypto currencies are a form of digital means of value transfer.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/framework/mobilemoney.pngVirtual Currency
Virtual currency differs from electronic money as the currency has no physical counterpart with legal tender status. The schemes, of which Bitcoin is the most well known are generally based on a peer-to-peer network.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/cryptocurrency.pngCryptocurrency
Cryptocurrency is the term used to refer to virtual currencies such as Bitcoin.

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