Most people think that e-commerce is about people buying and selling stuff online with their credits card. This is wrong.

There is another method of buying and selling online which is surprisingly common, and this second method is likely to become increasingly common in the times to come. In this second method you execute a purchase an order through a 'digital' currency rather than a credit card.

The E-Currency Payment Process

Let's suppose some guy in Taiwan is selling table sets over the Internet and a woman in Montreal decides she wants one of his tables. The Montreal woman's first task is to convert her dollars into a 'digital' currency.

She therefore must first contact a 'Market Maker'.

The Market Maker's role is take Montreal Lady's credit card, money order or bank account information, verify that she is making a legitimate transfer, then take those funds and convert them to a