Digital currency founded DigiCash, an electronic cash company, in Amsterdam to commercialize the ideas in his research. It filed for bankruptcy in 1998. In 1999, Chaum left the company. In 1997, Coca-Cola offered buying from vending machines using mobile payments. After that PayPal emerged in 1998. Other systems followed suit, such as e-gold, but it faced issues because it was used by criminals and was closed by U.S Department of Justice in 2005. In 2008, bitcoin was introduced, which marked the start of digital currencies. Origins of digital currencies date back to the 1990s Dot-com bubble. One of the first was E-gold,
Ven (currency) Ven (currency) Ven (sign: VEN) is a representative digital currency traded in international financial markets. Its origin was as a community currency used by members Hub Culture to trade knowledge, goods and services. The value of Ven is determined by a basket of backing currencies, commodities and assets. It trades against major currencies at floating exchange rates. Ven is currently listed on the LMAX Exchange. It has also been traded on the Kraken cryptocurrency exchange. The issuing company Hub Culture was founded in 2002 by Stan Stalnaker. Hub Culture launched Ven on 4 July 2007, as its own community currency.