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

Assess the safeguards of liberty, Question 1 Identify Arguments in support...

Question 1 Identify Arguments in support of the view that Political Science is a science Question 2 Write a note on ‘Political Thought' Question 3 Explain the Main

Warehouse inventory control, what is cycle count? What is the solution for ...

what is cycle count? What is the solution for cycle count mistake?

Northern renaissance art, Northern Renaissance Art: The Northern Renaissan...

Northern Renaissance Art: The Northern Renaissance refers to the Renaissance outside of Italy however in Europe. Typically the major centers for art included the Germany, Netherla

Social, why does level development different m one country to anothrfro

why does level development different m one country to anothrfro

Gender and legal issues, Gender and Legal Issues: Gender refers to the per...

Gender and Legal Issues: Gender refers to the personal sexual identity of an individual, regardless of the person's biological and outward sex. How people define masculinity and f

Paradoxical role of the immune system, 1) Discuss the implications of stres...

1) Discuss the implications of stress on the CV system and cancer development. 2) Explain the paradoxical role of the immune system, including the inflammatory response, in tumo

Need Help, What constitutional and statutory protections of privacy existed...

What constitutional and statutory protections of privacy existed before the Internet became prevalent

Warehouse and distribution, Question 1 One subway station in Toronto has 6 ...

Question 1 One subway station in Toronto has 6 turnstiles, each of which can be controlled by the station manager to be used for either entrance or exit control – but never for bot

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