Bitcoin is a decentralized electronic cash system using digital signatures and cryptographic proof to enable irreversible payments between parties without relying on trust.
FORBES: Bitcoin Foundation Launches To Drive Bitcoin's Advancement
Within 18 months an electronic-cash system being tested in England will start pilot operations in Hong Kong and Singapore.
CNN: ASIANOW - Asiaweek
Only about 30% of motorists pay with cash--the rest use EZPass, the region's electronic toll collection system.
FORBES: Magazine Article
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