Of all the virtual currencies out there, BitCoin is the most interesting from a technical perspective – and the least interesting from the business point of view. BitCoin is a peer-to-peer virtual currency that uses cryptography to control the creation and transfer of money.
Unlike all other currencies, BitCoin is completely independent. “It is company or organization agnostic,” says Ajay Vinze, a professor at the W. P. Carey School of Business at Arizona State University, who is studying BitCoin.
