Define the term electronic cheques in briefly, Computer Engineering

Assignment Help:

Define the term Electronic Cheques in briefly.

The other mechanism for Internet payment is electronic cheques. Along with electronic cheques, there payer (either a business or an individual consumer) instructs his financial institution to pay an exact amount to other part, the payee.

A cheque into the electronic form means a cheque which contains the exact mirror image of a paper cheque, and is made, written and signed through a secure system making sure the minimum safety standards along with the use of digital signature (along with or without biometrics signature) and asymmetric crypto system.


Related Discussions:- Define the term electronic cheques in briefly

Design principles, The usability and user experience goalsprovidet heintera...

The usability and user experience goalsprovidet heinteraction designer with high-level goals for the interactivep roduct. Thenextissueis how to design a product that satisfies thes

Local variables and global variables in lingo programming, Question: (a...

Question: (a) Differentiate between local variables and global variables in Lingo programming. (b) Using examples differentiate between deleteProp() and deleteAt() function

Fundamental components of a CPU, Q. Fundamental components of a CPU? Th...

Q. Fundamental components of a CPU? The two fundamental components of a CPU are control unit and arithmetic and logic unit. The control unit of CPU selects and interprets progr

Subtraction of 01100-00011 using 2's complement method, Subtraction of 0110...

Subtraction of 01100-00011 using 2's complement method Ans. Firstly 1's complement of 00011 is 11100 and 2's complement is 11100 + 1 = 11101. Thus If a last carry is

Exception handling and recursion, In the previous assignment, you implement...

In the previous assignment, you implemented a stack and a list that both inherited from the abstract class ArrayIntCollection. In this task you are supposed to extend that implemen

Creating a new directory in dos, Q. Creating a New Directory in DOS? Yo...

Q. Creating a New Directory in DOS? You can create any directory under any directory in the hard disk or floppy disk. The command to create a new directory is MKDIR or MD. To c

Define protocol, Define Protocol. It is a set of rules that are followe...

Define Protocol. It is a set of rules that are followed by interconnecting computers and terminals to make sure the orderly transfer of information

Illustrate the categories of micro computers, Illustrate the categories of ...

Illustrate the categories of micro computers Micro computers are usually categorized into desktop models and laptop models.  They are awfully limited in what they can do when c

Differentiate b/w pre-emptive and non-pre-emptive scheduling, Differentiate...

Differentiate between pre-emptive and non-pre-emptive scheduling. Pre-emptive scheduling : in its approach, center processing unit can be taken away from a process if there is a

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