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

Government, what were the articles of conferation and why according to Geor...

what were the articles of conferation and why according to George Washington were they a faluire

Library catalog, What are the importance of dictionary catalog?.

What are the importance of dictionary catalog?.

Wastage and stagnation, what are the factors affecting wastage and stagnati...

what are the factors affecting wastage and stagnation

Describe what you understand by work ethics, Question (a) Describe what...

Question (a) Describe what you understand by work ethics. (b) Is behavior important in our work place? Illustrate why? (c) List two unethical behaviors that could ari

5 Collaborative efforts for juvenile justice, What are 5 collaborative effo...

What are 5 collaborative efforts for juvenile justice and what do they mean?

Perform a white test for heteroskedasticity, Perform a White test for heter...

Perform a White test for heteroskedasticity using auxiliary regressions. Attach your results, and write out the form of the test as well as the value of the statistic and its inter

Environment, a assignment on concept of environment

a assignment on concept of environment

Characteristics of normal sinus rhythm, Characteristics of normal sinus rhy...

Characteristics of normal sinus rhythm Normal sinus rhythm (NSR) is the characteristic rhythm of the healthy human heart (Uptodate.com 2013) NSR is considered to be present if t

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