Alternative systems of e-cash, Other Subject

Alternative Systems of E-cash

Officially digital money or electronic is a illustration, or a system of credits and debits, used to replace value, inside another system, or itself as a separate system, online or offline. Also occasionally the term electronic money is used to submit to the provider itself. Private currency may use gold to offer extra security, such as digital gold currency. Also, a number of private organizations, such as the US military make use of private currencies for example Eagle Cash.

a lot of systems will sell their electronic currency straightforwardly to the end user, for instance Web Money and  PayPal, but other systems, for example Liberty Reserve, sell only throughout third party digital currency exchangers.

In the case of Octopus Card in Hong Kong, deposits work equally to banks'. After Octopus Card Limited receives money for deposit from users, the money is put into banks, which is related to debit-card-issuing banks red positing money at central banks.

a quantity of community currencies, like a number of LETS systems, work with electronic transactions. Cyclos Software permits creation of electronic community currencies.

Ripple monetary system is a scheme to extend a distributed system of electronic money independent of local currency.

Posted Date: 10/13/2012 3:19:35 AM | Location : United States







Related Discussions:- Alternative systems of e-cash, Assignment Help, Ask Question on Alternative systems of e-cash, Get Answer, Expert's Help, Alternative systems of e-cash Discussions

Write discussion on Alternative systems of e-cash
Your posts are moderated
Related Questions

Fundamental issues in spatial analysis: Spatial analysis confronts many fundamental issues in the definition of its objects of study, in the construction of the analytic operation

can i get an example of visit to the interesting place report?

As">http://www.delhi.gov.in/wps/wcm/connect/doit_labour/Labour/Home/Acts+Implemented/Summary+of+the+Acts+Implemented/The+Factories+Act-1948 As per above site of Government of Ind

FINAL PRACTICUM EXAM Read your exam directions carefully two and three times, please, all the information you will ask questions about are written here. As an individual, you ar

QUESTION 1 Is it possible for a citizen to challenge the decisions of any government body or agency? If the answer is negative, why not; if the answer is positive, what would

Socio-cultural Anthropology: Sociocultural anthropology is the study of contemporary living human societies. It is based on the concept of "culture" as both a form of human ad

Function of Mass Communication: Mass communication is an extremely effective & powerful tool of government and plays vital role in the stability of government and the unity of nat

#question.are there slots for teaching sign-language?.