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

Food safety, A cross-sectional study was conducted from April to December 2...

A cross-sectional study was conducted from April to December 2006 on food safety knowledge, practice and behavior of young and adult consumers in the districts of Ankara, the capit

Organization and management for healthcare, What information is contained i...

What information is contained in the websites of CMS, JC, CARF, and CLIA?

Off-line anonymous electronic money, OFF-LINE ANONYMOUS ELECTRONIC MONEY ...

OFF-LINE ANONYMOUS ELECTRONIC MONEY In off-line electronic money the merchant does not require to cooperate with the bank before accepting a coin from the user. In its place he

American government/ public affairs, For this task, complete the following:...

For this task, complete the following: Choose an example of how the government has impacted public policy. For example: Social Security Act, the Affordable Care Act, the 18th Amen

Database systems, coverting conceptual database tables into correspoding ta...

coverting conceptual database tables into correspoding tables

Describe the models of managed care, The following chart is just one exampl...

The following chart is just one example of how money flows from the employer who purchases a health plan, to the providers: The employer pays the Health plan on a monthly basis.

Contemporary feminist thought, Contemporary Feminist Thought: Feminist the...

Contemporary Feminist Thought: Feminist theory is one of the major contemporary sociological theories, which analyzes the status of women and men in society with the purpose of us

Exploitation, From the term" Exploitation" we mean that the activity that h...

From the term" Exploitation" we mean that the activity that has been done or the act of using something for any purpose or any means. The use of something in not an understanding m

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