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

Describe what is halftoning, Question: (a) You should always ask your c...

Question: (a) You should always ask your commercial printer what they consider as "camera ready" before you start the job. Describe Camera-ready Art? (b) Describe what is ha

Duties of a registered safety and health officer, Question: Every emplo...

Question: Every employer who employs more than 100 persons in his enterprise must, under section 30 of the Occupational Safety and Health Act 2005 appoint a registered Safety

Cataloguing, discuss the factor you may consider in choosing a physical for...

discuss the factor you may consider in choosing a physical format for a library catalogue

Test, give me work sheets to do

give me work sheets to do

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

Education and society, as a teacher how to overcome the factors of wastage...

as a teacher how to overcome the factors of wastage and stagnation

Virginia, what is on the license plate and why

what is on the license plate and why

Theories of human communication, Theories of Human Communication: Human co...

Theories of Human Communication: Human communication occurs while one or more people send and receive messages. All of the communication acts have the following elements: sources,

The New GI Bill Is No Match for the Original, In the article “The New GI Bi...

In the article “The New GI Bill Is No Match for the Original” by Milton Greenberg shows comparison between when the first GI Bill of Rights was adopted and the Post 9/11 Veterans E

Classical civilization and art, Classical Civilization and Art: Classical ...

Classical Civilization and Art: Classical Civilization is the branch of the Humanities comprising the literature, languages history, art, philosophy, archaeology and other cultur

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