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

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

Function of mass communication, Function of Mass Communication: Mass commu...

Function of Mass Communication: Mass communication is an extremely effective & powerful tool of government and plays vital role in the stability of government and the unity of nat

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.

Answer, Profit maximiZation is theoretically the most sound but practically...

Profit maximiZation is theoretically the most sound but practically unattainable objective of business finns. Do you agree this statement? If agree give valid reasons.

Data mining, I have 5 datasets and I have to answers all these question for...

I have 5 datasets and I have to answers all these question for each datasets A) Is this a supervised or unsupervised data set? If supervised, what is the class variable (if any)? B

Digital certificates, Digital Certificates A digital certificate is an ...

Digital Certificates A digital certificate is an electronic file that distinctively identifies individuals and Web sites on the Internet and enables secure, private communicati

What control measures could be used to reduce the risks, Question 1: (a...

Question 1: (a) Describe the types of personal protective equipment that can be used to avoid or minimize injuries to workers. (b) List five essential points that should be

Managing software project, Designation : Project Leader Job Profile :...

Designation : Project Leader Job Profile : The work included People management, Delivery, Presales, RFP, Architecture & System design, Requirement gathering, Documenting b

Water quality division wqd, Water Quality Division (WQD): The Water Qualit...

Water Quality Division (WQD): The Water Quality Division (WQD) restores and protects the surface and ground waters of the District through: setting and enforcing water quality sta

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