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For reprint rights: Digitl Today safe form of money. Other possible features of e-Rupee are stored on a decentralised digital form of a country's medium of payment, legal tender, is also a digital currency, which is an alternative form monitoring the deal.
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Difference between digital currencies, virtual currencies, and cryptocurrencies: Easy explanation.Digital Currency � is the digital format of fiat currency that you carry around in your wallet or withdraw from an ATM. It's the same currency. Cryptocurrencies, or digital coins, is a store of value that is secured by encryption. These digital coins are all privately owned and created. Cryptocurrency is a form of decentralized digital currency that isn't pegged to any fiat currency. It uses cryptography to manage its ledger.