Ubiquitous Virtual Currency

Shanti Swaroop Moharana
2013 IOSR Journal of Computer Engineering  
The whole finance of the world revolves around currency. It may be physical or digital. Currency functions as a unit of account providing a common measure of goods and services being exchanged. The enormous use of paper currency has resulted in deforestation, which is leading to ecological imbalance. For conserving the space, time, and environment there is a need for an alternative currency. In this paper, ubiquitous virtual money is proposed, which is accessible throughout the environment.
more » ... uitous currency is a form of electronic money that is spent like pocket change. The transactions can be made secure by the use of biometric identifiers.
doi:10.9790/0661-0934549 fatcat:7iu3kq2k2ngzpckibrw6k26ppi