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

Adolescence and Family education.., You being a teacher describe your exper...

You being a teacher describe your experience regarding the role of family life education..

Health, where does fertilization occur?

where does fertilization occur?

Case study assignment help, Do you think that companies like Napster and ot...

Do you think that companies like Napster and others should be allowed to continue providing access to movies and music without penalties? No royalties are currently paid to the ar

Marketing, how a hotel applies marketing concept on business

how a hotel applies marketing concept on business

Rectum, The rectum is an 8-inch chamber that connects the colon to the anus...

The rectum is an 8-inch chamber that connects the colon to the anus. It is the rectum's job to receive stool from the colon, to let the person know that there is stool to be evacua

BIB 107, AskWhat do these passages tell you about God’s relationship with p...

AskWhat do these passages tell you about God’s relationship with people through covenants? Which covenants are operative? question #Minimum 100 words accepted#

Basic principles of information security - authenticity, Authenticity I...

Authenticity In computing, e-Business and information security it is essential to make sure that the transaction, communication, data or documents (electronic or physical) are

Dsp solved problems on parellel form realization of, dsp solved problems on...

dsp solved problems on parallel form realization of iir filters

Help with Assignment, Do you have responses to the questions that you have ...

Do you have responses to the questions that you have on this link? http://www.expertsmind.com/library/how-has-digital-media-influenced-the-field-of-e-commerce-51139755.aspx

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