Fundamental difference between smart card and e-cash, Computer Engineering

Assignment Help:

What is the fundamental difference between the transactions made using Smart Card and E-cash?

Smart Card and E-Cash:

E-cash storable smart cards can dispense and store cash electronically, creating bills and coins lesser essential. This transfers funds over phone lines, making this easier to reload your smart cards. Here you can use such system wherever you notice the outlets accepting e-cash. It is basically an electronic wallet which allows person-to-person payments. The Internet  or telephone link  lets  you  create  this  person-to-person  payment  anywhere  within  the  world.  Such card can store around five separate currencies at similar time.


Related Discussions:- Fundamental difference between smart card and e-cash

What are the roll and page areas, What are the roll and page areas? Ro...

What are the roll and page areas? Roll and page areas are SAP R/3 buffers used to kept user contexts (process requests).  The SAP dispatcher assigns procedure requests to work

Logic-based expert systems, Logic-based Expert Systems : Expert system...

Logic-based Expert Systems : Expert systems are agents that are programmed to make decisions just about real world situations are place together by utilising knowledge illicit

Disadvantages of mpi, Disadvantages of MPI  Performance is restric...

Disadvantages of MPI  Performance is restricted by communication network between the nodes It can be harder to debug Needs more programming changes to go from seri

What is the vertical organizational structure, What is the Vertical Organiz...

What is the Vertical Organizational Structure? This is a traditional approach that is typified by a functional approach to work in that departments work onto tasks relevant to

What are the main aspects available in all word processors, What are the Ma...

What are the Main aspects available in all word processors -  Ability to set page size and page orientation -  Ability to change font size and font style (for example Arial,

Show layout 84-key keyboards, Q. Show layout 84-key Keyboards? PC 83-ke...

Q. Show layout 84-key Keyboards? PC 83-key was the earliest keyboard provided by IBM with its first Personal Computers (PC). This had 83 keys. Afterwards IBM added one more key

Define the character set of c language, Define the Character Set of C Langu...

Define the Character Set of C Language? C uses the lower case letter a to z, the upper case letters A to Z, the digits 0 to 9 and certain characters as building blocks to form

Higher order predicate logic - artificial intelligence, Higher Order Predic...

Higher Order Predicate Logic: In first order predicate logic, we are allowed to quantify over objects only. If we let  ourselves  to  quantify  over  predicate  or  function  s

What are the applications of edi in business, What are the applications of ...

What are the applications of EDI in business A.  Organistions that use EDI Extensive users of EDI contain: BHS- is a UK and European retailer dealing majorly in appare

How can data and instructions are put into the computers, Q. How can data a...

Q. How can data and instructions are put into the computers? The data and instructions to a computer are provided by external environment. It determines that input devices are

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