Electronic money, Other Subject

Assignment Help:

Electronic money

Electronic money (also identified as electronic cash, e-money, digital cash electronic currency, digital money, or digital currency) refers to money or scrip which is exchanged only by electronic means. Usually, this involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer (EFT) and straight deposit are cases of E- Money. As well, it is a collective expression for financial cryptography and technologies allowing it.

Though electronic money has been an attractive problem for cryptography (see for illustration the work of David Chaum and Markus Jakobsson), to date, use of digital cash has been quite low-scale. One rare achievement has been Hong Kong's Octopus card system, which in progress as a transfer payment system and has full-grown into a extensively used electronic cash system. Singapore also has an electronic money execution for its public transportation system (commuter trains, bus, etc), which is extremely related to Hong Kong's Octopus card and based on the similar sort of card (FeliCa). There are as well one completion is in the Netherlands, recognized as Chipknip.


Related Discussions:- Electronic money

Constitutional law, In a recent COAG meeting, the Commonwealth and State Go...

In a recent COAG meeting, the Commonwealth and State Governments agreed to try and amend their respective Constitutions to require the representatives of the Queen to be elected by

Explain symbolic interaction theory, Explain Symbolic Interaction Theory an...

Explain Symbolic Interaction Theory and discuss its perspective on social processes, inequality, and institutions.  Provide specific examples from the textbook to explain how this

Report for owner of store, you work for subway and you want report of what ...

you work for subway and you want report of what sandwichs were sold the most of within 6 months?

Programmable security door lock, Sir kindly help me how to make a major pro...

Sir kindly help me how to make a major project on this topic...Thanks in advance

BOO, Where is my house?

Where is my house?

Analysis of business applications, Analysis of Business Applications: ...

Analysis of Business Applications: Designation : Consultant,Faculty Job Profile : The work included Training, leading the Team, designing, developing and documenting

Power resorces, desribe the factors ,which influence mining and use of coal...

desribe the factors ,which influence mining and use of coal in pakistan

Chemistry, applications o chemistry in information technology

applications o chemistry in information technology

Eps11, oS/kkfudrk fdl izdkj jktuhfr foKku dk dsUnzh; fo’k; gS] o.kZu djsaA

oS/kkfudrk fdl izdkj jktuhfr foKku dk dsUnzh; fo’k; gS] o.kZu djsaA

Social and structural determinants of population health, Social and Structu...

Social and Structural Determinants of Population Health Environment The environment surrounding us contributes a lot to our health. These factors include housing and work

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd