Digital currency (数字货币 shùzì huòbì) is a form of virtual currency that is based on node network and digital encryption algorithm. It can be used as a means of payment, or be transferred, stored or traded electronically on digital computer system.
- 数字 (shùzì) as in digital marketing (数字营销 shùzì yíngxiāo), digital television (数字化电视 hùzìhuà diànshì) or digital code (数字代码 shùzì dàimǎ).
- 货币 (huòbì) as in foreign currency (外国货币 wàiguó huòbì or 外汇 wàihuì).
Digital currency (数字货币 shùzì huòbì) word examples:
- Central bank digital currency (CBDC) (中央银行数字货币 zhōngyāngyíháng shùzì huòbì).
- Decentralized digital currency (去中心化数字货币 qùzhōngxīnhuà shùzì huòbì).