Electronic Money Exchange Monitor

Bitcoin is an innovative payment network and a new kind of money. It is based on the properties of mathematics rather than physical properties (like gold and silver) or trust in central authorities (like fiat currencies). Bitcoins hold value due to public trust and adoption, as well as labor spent to "mine" them.

Telebank is a system for distant banking services offered by VTB Bank: you can operate your bank accounts or cards anytime and anyplace – online, by cell phone or land line. VTB Telebank customers easily buy and sell foreign exchange, make transfers, deposit funds, top up their credit cards, pay utility bills, etc.