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
Anthropology- The word anthropology itself tells the basic story. From the Greek anthropos ("human") and logia ("study"), it is the study of humankind, from its beginnings millions

Environmental Conservation: It is a practice of protecting the environment, on organizational, individual or governmental level, for the advantage of the natural environment and (

Question 1 Write a note on the Historical Development of Journalism in the UK and US Question 2 Write a detailed note on the characteristics and impacts of magazines Ques

can i haz a tatto instead of bum haair

Complete the attached “GenRays Project Scope Document Template” for the HRIS project.

Trying to confirm my paper for tomorrow delivery.

Question: (a) Explain two strategies that may prevent/reduce health problems in older adults. (b) Define Erikson's eighth stage of development for later life. (c) Su

the purpose of this assignment is to evaluate the potential for a new business or business expansion to a foreign country of your choice. you will evaluate business opportunities i

Environmental Management System: EMS (Environmental management system) refers to the management of an organization's environmental programs in a systematic, comprehensive, planned

QUESTION The Employment Relations Act 2008 gives much prominence to the Collective bargaining process as a means to regulate jointly terms and conditions of employment. (a)