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

What are the forms of ownership for newspapers, Question 1 What are the fo...

Question 1 What are the forms of ownership for newspapers? Explain in detail Question 2 How can employees of an organization be rewarded? Discuss the tips for effective recog

Education and society, what are the factors affecting wastage and stagnatio...

what are the factors affecting wastage and stagnation

Anus, The anus is the last part of the digestive tract. It is a 2-inch long...

The anus is the last part of the digestive tract. It is a 2-inch long canal consisting of the pelvic floor muscles and the two anal sphincters (internal and external). The lining o

Options for trading between businesses and consumers, Question : (i) O...

Question : (i) Outline the main options for trading between businesses and consumers. (ii) Outline the reasons why a business may wish to adopt e-commerce. (iii) De

Divisions of human skeleton:, Question: What is the Human skeleton? Describ...

Question: What is the Human skeleton? Describe their parts please Human skeleton can be divided into two divisions. Axial Skeleton? Skull? Vertebral Column? Rib Cage

What are the basic physical properties of lead, Question: a) (i) What ...

Question: a) (i) What are the main physical properties of lead? (ii) How is lead toxic to man? (iii) How is lead absorbed and what is is the most important route of occu

Short-term credit decision, In no more than one typed page, provide a state...

In no more than one typed page, provide a statement of your decision to lend or not lend to this company based on your interpretation of the company's short-term prospects (i.e., l

Various functions of a safety and health committee, Question : (a) Saf...

Question : (a) Safety and Health Committee is a forum where employees and management representatives sit together to review and take action on safety and health issues at a pl

Impressionism, Questions: I need a report on Impressionism . Impressionis...

Questions: I need a report on Impressionism . Impressionism report for about 2500 words? Would you able to assist me in report? Let me know cost of report and some of examples

Discuss ancient egyptian belief in the afterlife, Question 1 The 12th dyna...

Question 1 The 12th dynasty brought Egypt to the pinnacle of its power. Discuss Question 2 Discuss ancient Egyptian belief in the afterlife Question 3 Discuss th

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