A method and a system are disclosed for transmitting an N-bit digital signal at a source. The N-bit digital signal representing a binary value is used to modulate an electrical current by using N discrete voltages representing each bit. The N discrete voltages are coupled to N corresponding switches to control the switches. The switches conduct a corresponding electrical current if the value of the corresponding discrete voltage is the binary value of 1. The currents from each of the closed switches are summed to form a current-encoded data signal in a single physical conductor representing the original N-bit digital signal. The current-encoded data signal is transmitted through the single physical conductor to a current decoder for decoding the current-encoded data signal and extracting the original N-bit digital signal at a destination.