National strategy of digital cryptographic currency-digital bitcoin decentralized through the internet
Harold H Szu · MOJ Applied Bionics and Biomechanics · 2018
BackgroundThe invention of "BiT Coin (BTC)", by Satashi Nagamoto circa 2008, remains as a formidable task.There is a plenty of benefits to motivate a further development of BTC without the rare metal material as the token, as the early Digital Crypto Currency (DCC), e.g.(1) Utilized the recently advance in secure codec technology in few more order of magnitude beyond classical hashing and antihashing scramble data, in terms of public and private large prime number factorial codec key invented by Rivest, Shamir, Adleman and Cocks (RASC) circa WWII, re-written now for digital Smart Phone or PC that are easy for anyone to do a smart contract in template an essential promissory notes, e.g."I owe you such under this reneging condition."The major difference in secured feature is taking the available World Wide Web broadcasting one-way to all memberships in the Cloud.However, only the (1) involved trading partners can read with their private keys, (2) no third party banking or broker fee, (3) no International currency exchange fee, and (4) no one can rob the digital bank, etc.These benefits have been endorsed by Small Business Innovative Research.