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

Microeconomics, There are 2 brands of cell phones that are almost identical...

There are 2 brands of cell phones that are almost identical except for some minor features: the A-Phone and the Pomegranate. Part I Draw the demand curve for the A-Phone. Explain

Essays, Part 1 the file is attached. Part 2 Click the link below to read M...

Part 1 the file is attached. Part 2 Click the link below to read Mark Twain''s story "The Danger of Lying in Bed." http://content.learntoday.info/W112_Spring_10/site/Media/Fig04-

HItler, Do you think that Hitler had any mental health issues, if so why? ...

Do you think that Hitler had any mental health issues, if so why? In your study of humanities do you think there are any specific traits which a dictator must have? It is said

Law, what is law?

what is law?

Canadian pacific railway, The Canadian Pacific Railway (CPR) has an automot...

The Canadian Pacific Railway (CPR) has an automotive transfer facility (known as the Automotive Compound, or the CPRAC) in the north east portion of Toronto. The facility handles t

Indigenous peoples and the environment, Indigenous Peoples and the Environm...

Indigenous Peoples and the Environment: Indigenous Peoples are often thought of as the primary stewards of the planet's biological resources. Their ways of life have and cosmovisi

Applications of data encryption standard, Applications- Data encryptio...

Applications- Data encryption (cryptography) is utilized in a variety of environments and applications. The exact utilization of encryption and the implementation of the DES w

Evaluate the efficacy of different media sources, Question 1: Criticall...

Question 1: Critically examine how Media construct reality. Question 2: Evaluate the efficacy of different media sources in terms of their ability to provide political

Introduction to human skeletal system, Do you provide assignment help on Hu...

Do you provide assignment help on Human Skeletal System? Do you have experts in this topic? I have an assignment and it is tough to solve me. Please suggest me if you can give me h

Agricultural rum and the golden agricultural rum, Question 1: (a) With ...

Question 1: (a) With cut throat competition on the world sugar market and the abolition of the preferential rate it used to benefit from, Mauritius is geared to establish itse

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