How Virtual Currencies and Alternative Payment Solutions Enable New Business Modells in a Networked Society
They are called Bitcoin, Hugs, Amazon Coins or Diamonds. For some they’re just another dotcom-gimmick. Web- and Tech Enthusiasts believe though, that these virtual currencies will disrupt the economy and change the way products and services will be exchanged in the future. Combined with the upcoming of new payment solutions virtual currencies could possibly enable the next generation business models creating new ecosystems in a networked society. What are the main technical challenges, which approaches promise the greatest potentials?