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

Global change, Global change: Global change refers to planetary-scale chan...

Global change: Global change refers to planetary-scale changes in the Earth system. The system consists of the land, oceans, atmosphere, poles, life, the planet's natural cycles a

Medieval church and crusades, Hi i need help on how to write an anylitical ...

Hi i need help on how to write an anylitical essay on the topic above

Logic, #qIf you have two candles on a boat but no source of fire. How will ...

#qIf you have two candles on a boat but no source of fire. How will you lighten a candle if you are in the middle of the river? uestion..

Matlab help, I need to identify the optic disc using matlab. How would I do...

I need to identify the optic disc using matlab. How would I do this?

Muscles, similarities between skeletal muscle smooth muscle an cardiac mus...

similarities between skeletal muscle smooth muscle an cardiac muscle

Examine the concept archetypical leaders, Problem: (a) "Schools do not...

Problem: (a) "Schools do not have to be in geographic vicinity to create networks to achieve synergy for transformation" (Brian Caldwell). Critically analyse the extent to wh

BRICKS BONDING, WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF USING FLEMISH ...

WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF USING FLEMISH BOND?

Discuss the relevance of the seven cardinal virtues, Question 1: 1. De...

Question 1: 1. Describe carefully the management functions and explain the role and responsibilities of the manager in relation to each of them. 2. Using the hospital as a

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