What does M-chain digital currency mean

1. digital currency is a kind of Internet electronic currency with payment and circulation. Mchain is also a digital currency, but it is developed on the basis of blockchain technology and has the characteristics of decentralized and distributed accounting.

2. Digital currency includes legal digital currency, digital currency on the public chain, and electronic currency issued by institutions or alliances. Mchain is the digital currency on the public blockchain for the game instry.

3. In the final analysis, e-money is just conceptual money information. It is actually a special information composed of a group of data including the user's identity, password, amount, scope of use, etc., so it can also be called digital money; E-money is the virtualization of the value scale of real money and the function of payment means. It is a kind of money without monetary entity. Electronic currency is a kind of invisible currency based on highly developed electronic technology; It can be used to represent the currency value of various amounts in reality. With the transformation from paper-based economy to digital economy, e-cash will become the mainstream, which can be paid on the Internet or through other electronic communication methods. This kind of currency has no physical form and is the holder's financial credit.
whether electronic currency can be called currency depends on whether electronic currency can independently perform the function of currency. At present, e-money can play the role of payment and settlement, but e-money is only a quasi currency that may perform the function of currency.
e-money can be divided into two types: one is e-cash based on the Internet environment and keeps the binary data representing the value of money in the hard disk of the computer terminal; One is the electronic wallet that keeps the monetary value in the IC card and can be circulated without the bank payment system
therefore, from an economic point of view, the use of e-money can indeed rece the circulation of paper money

4. Looking for agents and customers is mainly about sales

5. At present, digital currency has not been applied, and this problem does not exist for the time being. It is natural to repay debts when there are debts.