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

Explain 100 line exchange with two-motion line finders, Explain 100 line ex...

Explain 100 line exchange with two-motion line finders. Design: In such design, here are 24 line finders. When any of the 100 subscribers has to find access to any of the 24

What is constrained-random verification, What is Constrained-Random Verific...

What is Constrained-Random Verification ? As ASIC and system-on-chip (SoC) designs continue to increase in size and complexity, there is an equal or greater increase in the si

Cg, 1. How can you divide the screen into quadrants? Is the process called ...

1. How can you divide the screen into quadrants? Is the process called as ‘viewing transformations’?

Describe the basic aspects of ENIAC, Q. Describe the basic aspects of ENIAC...

Q. Describe the basic aspects of ENIAC? The main aspects of ENIAC can be summarized as: ENIAC was a general purpose-computing machine in that vacuum tube technology was

Explain asymmetric cryptographyand its components, Explain Asymmetric crypt...

Explain Asymmetric cryptographyand its components. Asymmetric or public-key cryptography be different from conventional cryptography in which key material is bound to a single

Data alignment in arrays, Q. Data Alignment in Arrays? Arrays are align...

Q. Data Alignment in Arrays? Arrays are aligned to templates by ALIGN directive. ALIGN directive is used to align elements of various arrays with one another denoting that they

Determine the sampling rate of nyquist criterion, As per Nyquist criterion ...

As per Nyquist criterion the sampling rate is (A) 2fs                                                  (B) (1/2)fs (C) (1/2fs)

Combinatorial and scheduling problems, Combinatorial and Scheduling Proble...

Combinatorial and Scheduling Problems: One class of problems is concerned with specifying optimal scheduled. A classical example is the Travelling Salesperson Problem where

Is the data bus is bi-directional, The data bus is Bi-directional because t...

The data bus is Bi-directional because the similar bus is used for transfer of data among Micro Processor and memory or input / output devices in both the direction.

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