BROOKLYN - Some local business in Brooklyn are beginning to accept digital money as an alternative to cash or credit cards.

The new digital method involves bitcoins, a peer-to-peer technology that allows users to store digital money on their smartphones and independent of banks.

An app is used to purchase bitcoins and then users display a scannable code to make purchases.

Several Brooklyn eateries such as Lean Crust Pizza and Oxford Kitchen have already begun accepting the digital money.

Many Brooklyn residents told News 12 that they are excited about the prospect of storing spendable money on smartphones. Others say they still prefer the feeling of cold, hard cash.