e-Gold is an electronic currency operated by Gold & Silver Reserve Inc. under e-gold Ltd which allows online instant transfer of gold between its subscribers (account holders). The concept behind e-gold is to empower people to be able to use gold as money. There are many other e-metals issued by the company like silver, platinum etc. but e-Gold is the most popular form of e-metal used by the people. e-Gold can be used for different purposes such as
- e-commerce
- Business-to-business payments
- Point of service sales
- Person-to-person payments
- Payroll
- Bill payments
- Charitable donations
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