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

Research paper., needing advice on a topic for a comparison and contrast pa...

needing advice on a topic for a comparison and contrast paper

Strategic aims of the organisation, How could your organisation manage...

How could your organisation manage and develop people in a way that would support the strategic aims of the organisation? Notes and Assessment Criteria for this

Timber, what is timber defects

what is timber defects

Urban culture and development, Urban Culture and Development: Urban cultur...

Urban Culture and Development: Urban culture is the culture of towns and cities. Urban culture may also sometimes be used as a euphemistic reference to contemporary culture. Citie

Compressed air vehicle, Which type of blade is suitable for compressed air ...

Which type of blade is suitable for compressed air vehicle using air turbine

Emport export, What is the need for documents in international business? Su...

What is the need for documents in international business? Substantiate your answers with suitable examples.

Marketing mix, Issues with 7 p''s of marketing mix

Issues with 7 p''s of marketing mix

Data modeling, Logical Model – Mapped EERD (Map the conceptual model to a l...

Logical Model – Mapped EERD (Map the conceptual model to a logical model using the relevant steps. Carry out normalisation to 3rd normal forms and discuss the progression through

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