Nit Coins – Bit Coins in Nitte
5 Pages Posted: 30 Apr 2015
Date Written: April 30, 2015
In this article we describe a new system for using digital currency called Nitcoins. It is similar to Bitcoins and is suitable for an Institute of higher education. We describe a setup where students can learn about auditing, accounting, interest rates, investments, cash flow, security, privacy, profitability and savings by running Nit Coin servers in the college Nitcoins can be used as a digital currency in a leave trading system to track attendance and manage absentees.
Keywords: Digital currency, Bitcoins, attendance, LMS, Attendance
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