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
Sir kindly help me how to make a major project on this topic...Thanks in advance

What is the importance of writing, both academically and professionally


Connectivity Using a B2B Protocol Exchange As earlier mentioned, some suppliers participating in a private marketplace desire to remain the catalog contents to them and not par

Intermittent catheterisation (IC) has a lower risk of infection compared with indwelling catheterisation, and so should be considered in preference to an indwelling catheter. Inter

A vailability For every information system to provide its reason, the information must be existing when it is desirable. This way that the computing systems used to process an

I have a homeworks to be done from a safety textbook. All that needs to be done is to read the chapter and answer the questions at the end of the book usually 20 questions per chap

role of school, parent, peer in imparting family life education

Modern Cryptography Systems: A Hybrid Approach In fact, a mixture of both public key and traditional symmetric cryptography is used in current cryptographic systems. The motiva

What is the Importance of Public Speaking? I need to prepare a report on Importance of Public Speaking Do you and your experts provide help in topic Importance of Public Speaking ?