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

Cryptography, Cryptography Information protection uses cryptography to ...

Cryptography Information protection uses cryptography to change usable information into a form that renders it ineffectual by anyone other than an official user; this procedure

Determine primary internal and external influences on bank, Describe and an...

Describe and analyze the primary internal and external influences on State Bank of India. This first task should take about one fourth of your overall report.

Distribution system design by using management science, The darby company m...

The darby company manufactures and distributes meters used to measure electric power consumption. the company started with a small production plant in El Paso and gradually built a

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

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

Business studies .., what are the disadvantages of using computer aided des...

what are the disadvantages of using computer aided design in a business

E-commerce vs e-business, E-COMMERCE VS E-BUSINESS The Internet economy...

E-COMMERCE VS E-BUSINESS The Internet economy is a broader idea than e-commerce and e-business. It includes e-commerce and e-business. The CREC (Center for Research and Elec

Lanthinides contraction, how i present my assignment on lanthinides contrac...

how i present my assignment on lanthinides contraction nd give me ideas on it

Aaaaa, aaaaaaaaaaaaaaaaaaaa

aaaaaaaaaaaaaaaaaaaa

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