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

Sociology, According to Schaefer (2015), “a class system is a social rankin...

According to Schaefer (2015), “a class system is a social ranking based primarily on economic position in which achieved characteristics can influnce _______________,” the ability

Industrial Law , Industrial Law : A comparative analysis between banking an...

Industrial Law : A comparative analysis between banking and plantation Industry

Responsible for bacterial motility, 1.  How does true motility differ from ...

1.  How does true motility differ from Brownian movement? 2.  What morphological structure is responsible for bacterial motility? 3.  Why is a wet preparation discarded in di

Phillosophy, Report an example of a euphemism or dysphemism that you have c...

Report an example of a euphemism or dysphemism that you have come across. Discuss when it is and is not appropriate to use such veiled language.

Report, write a report about an activity

write a report about an activity

Evaluation of a television programme, Question 1: As a TV producer/dire...

Question 1: As a TV producer/director, you have a presentation to record on location, along a busy street. Assuming that your outdoor shooting equipment is in correct working c

Mental health nursing, 1. Analyse the impact of mental illness on the indiv...

1. Analyse the impact of mental illness on the individual, their families and communities. Enabling outcomes You should be able to: a. Discuss the theoretical underpinning

Etruscan and roman art, Etruscan and Roman Art: The Etruscans were an anci...

Etruscan and Roman Art: The Etruscans were an ancient Italic culture linguistically recognizable by approximate 700 B.C. Their culture created from a prehistoric civilization know

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