  Two general families of new quantum deformed current algebras are proposed
and identified both as infinite Hopf family of algebras, a structure which
enable one to define ``tensor products'' of these algebras. The standard
quantum affine algebras turn out to be a very special case of both algebra
families, in which case the infinite Hopf family structure degenerates into
standard Hopf algebras. The relationship between the two algebra families as
well as their various special examples are discussed, and the free boson
representation is also considered.
