Alternatives to digital currency, Other Subject

ALTERNATIVES

Officially digital money or electronic is a representation, or a system of credits and debits, used (but not restricted to this) to swap value, within a different system, or itself as a separate system, offline or online. Also occasionally the expression electronic money is used to refer to the contributor itself. A personal currency may use gold to provide additional security, such as digital gold currency. An e-currency system may be completely backed by non-gold backed, gold (like e-gold and c-gold), or both gold and non-gold backed (like e-Bullion and Liberty Reserve). Also, some private organizations, such as the US military use private currencies such as Eagle Cash.

Many systems will trade their electronic currency straight to the end user, such as web money and PayPal, but other systems, such as e-gold, sell only through third party digital currency exchangers.

In the case of Octopus Card in Hong Kong, deposits work in the same way to banks'. Later than Octopus Card limited receives money for place from users, the money is deposited into banks, which is like to debit-card-issuing banks re-depositing money at central banks.

Some society currencies, like some LETS systems, work with electronic dealings. Cyclos Software allows formation of electronic community currencies.

Ripple monetary system is a project to extend a distributed system of electronic money self-governing of local currency.

Posted Date: 10/12/2012 9:12:56 AM | Location : United States







Related Discussions:- Alternatives to digital currency, Assignment Help, Ask Question on Alternatives to digital currency, Get Answer, Expert's Help, Alternatives to digital currency Discussions

Write discussion on Alternatives to digital currency
Your posts are moderated
Related Questions
Describe the factors which decide the broad area of Scientific activity?

You are required to select a thought-provoking philosophical, literary, political, spiritual quotation to use as the basis for a short prepared speech. You may not use lines from t

How does the northern renaissance differ from the southern renaissance? Do your experts provide northern renaissance and southern renaissance Questions assignment help? I n

Problem 1: In the year 2000 an estimated 815 000 people died from suicide around the world. This shows an annual global rate of 14.5 per 100 000 population. Explain, in detail

Advantages of an online library system: I need to prepare a report on Advantages of an online library system. Do you and your experts provide help in topic Advantages of an online

you guys helping the sketchup or not.

Documentary Film: Documentary film is a broad category of visual expression that is based on the attempt, in one fashion or another, to "document" reality. Although "documentary f


Birth of museology: It is the study of the "museum experience" seen both through the eyes of the institution, and the visitor. The motivation factors for both of the groups that r

Question 1 Write a long note on the Camera Control Unit (including partial CCU control and complete remote camera control) and the Video switcher Question 2 Write a long note