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

Human anatomy, Human Anatomy: Human anatomy can be precisely defined as a ...

Human Anatomy: Human anatomy can be precisely defined as a complementary basic medical science, which deals with the scientific study of morphology of human body. In simpler words

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

Discuss ancient egyptian belief in the afterlife, Question 1 The 12th dyna...

Question 1 The 12th dynasty brought Egypt to the pinnacle of its power. Discuss Question 2 Discuss ancient Egyptian belief in the afterlife Question 3 Discuss th

Applicability of Factory Act 1948, As">http://www.delhi.gov.in/wps/wcm/conn...

As">http://www.delhi.gov.in/wps/wcm/connect/doit_labour/Labour/Home/Acts+Implemented/Summary+of+the+Acts+Implemented/The+Factories+Act-1948 As per above site of Government of Ind

U.s history , what was the relationship between goverment policy and politi...

what was the relationship between goverment policy and political machines in the gilded age

General improvements in quality of life, In addition to help with specific ...

In addition to help with specific goals or difficulties, clients who undertake counselling can experience general improvements in quality of life, including: ?decreased defen

Branding, examples of provincial brand

examples of provincial brand

Science, can u help me with density, bouyancy, and pressure?

can u help me with density, bouyancy, and pressure?

Factors affecting wastage and stagnation, What are the factors affecting wa...

What are the factors affecting wastage and stagnation? How you as a teacher can overcome these factors? Explain with illustrations.

Overtaking behavior - driver behavior, Overtaking Behavior - Driver Behavio...

Overtaking Behavior - Driver Behavior One of the most dangerous operations in driving is to overtake another vehicle. The driver's attention is on his way forwards, and someti

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