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

Characteristics of classical civilization, Question: What is the Character...

Question: What is the Characteristics of Classical Civilization. Describe the following below given charcateristics Religion and Culture Military Social Class/Group dy

Inter-cultural competent counsellors in schools, Problem 1: (a) With r...

Problem 1: (a) With reference to relevant literature and / or theory, explain what is meant by counselling. (b) Justify six key reasons why secondary institutions shoul

Humanities, (TCOs 3 & 4) How have changes in technology affected the record...

(TCOs 3 & 4) How have changes in technology affected the recording industry and our understanding of what it means to be a professional musician? How have changes in technology aff

Determine the costs of air pollution, In this project, you will use house p...

In this project, you will use house price hedonics to determine the costs of air pollution.  In particular, you will examine the costs imposed by ozone pollution in the Bay Area of

Environmental assessment:, Environmental Assessment: An environmental asse...

Environmental Assessment: An environmental assessment is a study needed to establish all the influence either positive or negative regarding one particular project. It will contai

Business and Consumer Finance, Sam''s Ski Boards.com offers 5/4/1 discounts...

Sam''s Ski Boards.com offers 5/4/1 discounts to many of its customers. The Ski Hut ordered ski boards with a total list price of $1,200. What is the net price of the ski boards? Wh

PSY-613, AIn a minimum of 400 words, create a dialogue with a client using ...

AIn a minimum of 400 words, create a dialogue with a client using open-ended questions to determine their needs. Include how you will probe deeper into the needs of the client and

Latin american cultures, Latin American Cultures: The words 'Latin Amer...

Latin American Cultures: The words 'Latin America' are used to describe the group of 21 countries in the American continent where Latin languages are spoken. These countries ar

Radio interviews, Problem 1 In what ways can radio be a better medium f...

Problem 1 In what ways can radio be a better medium for transmitting messages to an audience? Problem 2 (a) Explain three different types of radio interviews and illust

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