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

Utilitarian point of view and kantian-type analysis, Question 1: "There...

Question 1: "There is only one social responsibility of business: to use its resources and engage in activities designed to increase its profits" (Milton Friedman, 1970) (a

What are the signs and symptoms of depression, (a) Briefly explain five ca...

(a) Briefly explain five causes of depression. (b) What are the signs and symptoms of depression? (c) Is biological therapy better than psychological therapy to treat depr

Determine primary internal and external influences on bank, Describe and an...

Describe and analyze the primary internal and external influences on State Bank of India. This first task should take about one fourth of your overall report.

Social geography, Social Geography: Social geography is the branch of huma...

Social Geography: Social geography is the branch of human geography that is most closely related to social theory in general and sociology in particular, dealing with the relation

Case study MIS, 1. Do you agree with the argument made by Nick Carr to supp...

1. Do you agree with the argument made by Nick Carr to support his position that IT no longer gives companies a competitive advantage? Why or why not?

Implementations of cryptographic modules, Implementations- Cryptograph...

Implementations- Cryptographic modules which realize this standard shall conform to the necessities of FIPS 140-1. The algorithm specific in this standard may be implemented i

How to improve your school Grades?, Achieving a high grade on assignments, ...

Achieving a high grade on assignments, final project or examination throughout the year isn''t a straight forward task for college students. Here we tend to discuss what factors ar

How to get connect with online tutor, How to get connect with online expert...

How to get connect with online expert for help in assignment?

1989 constitution of the federal republic of nigeria, state the relevant pr...

state the relevant provisions of the now moribund 1989 constitution of the federal republic of nigeria

Relationships, what are the points that strengthen your relationships with ...

what are the points that strengthen your relationships with the passage of time and develop your interest and affinity with your life partner?

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