Medium of Exchange

This article describe about Medium of Exchange, which is commonly accepted in exchange for goods and services and recognized as representing a standard of value. It permits the value of goods to be assessed and rendered in terms of the intermediary, most often, a form of money widely accepted to buy any other good. It’s function has become wholly a part of the marketplace and its signals, and is utterly integrated with the unit of account function, so that, given the integrity of the public key system on which these are based, they become to that degree inseparable.