Electronic money is different from traditional money.

Consumers pay traditional money to the issuer of electronic money, and the issuer stores the equivalent value of traditional money in electronic form in the electronic equipment held by consumers.

Related introduction:

Electronic money can transfer the balance in the bank by using some electronic means for trading. The anti-counterfeiting of traditional money depends on the specific essence, while the anti-counterfeiting of electronic money can only be completed and realized through electronic technology, communication technology and encryption or authentication system.

Extended data

In the modern economic field, only a small part of the currency field is displayed in the form of real money, that is, the practical application of paper money or coins, and most transactions use checks or electronic money.

As far as its intrinsic commodity value is concerned, money is not a choice with or without two fractures, but a process of gradual quantitative change. The commodity value of electronic money is almost zero, paper money is close to zero, the commodity value of coins and copper plates is slightly higher, and the commodity value of precious metal currencies such as gold and silver is higher.

This quantitative change process reveals the essential unity of different forms of money, that is, money is the product of contract, and its exchange value is stipulated by contract. When the market is stable and the trust is high, people accept nominal currency such as paper money, while when the market is unstable and the trust is low, people are more inclined to accept metal currency.

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