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Home » Bo Matthews » This is not Digital currency…Cloud Coin, Bitcoin, what is it? Want to know more? Click and listen.

This is not Digital currency…Cloud Coin, Bitcoin, what is it? Want to know more? Click and listen.

I’ll be the first to tell you I have no clue about digital currency. Is it real? Is it the way of the world? Is it something I should be involved in?  Meet Sean H. Worthington he is a tenured faculty member in the Computer Science Department of Butte College in Northern California and an expert in computer information systems.  He is the author of the book Beyond Bitcoin: The Future of Digital Currencies, and is the Creator of CloudCoin, the world’s first Cloud-based currency.

Worthington says the new CloudCoin currency requires no encrypted database of transactions or users. Using a Web-based interface or desktop software or smart phone app, the recipient of a CloudCoin simply submits the unique set of authentication numbers assigned to the coin to a cloud-based authentication network known as RAIDA (Redundant Array of Independent Detection Agents). The coin’s authenticity is then validated, and the coin is assigned a new set of authentication numbers that will be known only to the recipient, who from that point owns and controls the CloudCoin.

“Today there are bad people in the world that want to tell us what we can do and what we can say. Digital currencies like CloudCoin give us a chance to break free of their control and live as we ought to,” says Worthington. “I urge everyone to learn about and use digital currencies. By doing so, we will make the world a freer place.”

To help everyone learn more about the exciting new world of digital currency and the new CloudCoin technology, Worthington is making a free copy of his book and 5 free CloudCoins available to each person who requests them by clicking here   Digital Frontier News