Define how you would utilize digital cash and digital wallet

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Reference no: EM131367296

Respond to the following by writing at least one paragraph for each item and support your response.

1) Define how you would utilize digital cash and digital wallets to conduct electronic commerce. For digital cash, visit the Bitcoin Web site, summarize how it works, and indicate what possible advantages and disadvantages it may have for your electronic commerce activities. For the digital wallet, indicate how you would address security measures that would minimize the possibility of unauthorized disclosure of the customer’s information.

2) Examine how the banking industry utilizes Internet technologies by visiting the American Bankers Association Center for Payments and Cybersecurity and reviewing the information about cybersecurity, payments, and emerging technologies. Based on this information, indicate some of the ways that cyber security, payments, and emerging technologies impact the electronic commerce transactions at your Capstone e-business.

Reference no: EM131367296

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