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Electronic money - Wikipedia, the free encyclopedia (997 words) |
 | The main focus of digital cash is being able to use it through a wider range of hardware, such as secured credit cards, linked bank accounts that would be generally used over an internet-means of exchange to a secure micropayment system such as in large corporations (PayPal). |
| Future evolvements of networking in terms using digital cash, a company named DigiCash is on the focus of creating an e-cash system that would allow an e-cash issuer to purchase electronic coins at some value. |
| When spending this cash, since it is linked to the e-cash company, it secures anything that is purchased in terms that it goes through the issuer at all times, therefore only the company knows your information, and will properly direct purchases to your location. |
| NOVA Online | Secrets of Making Money | Digital Cash | PBS (635 words) |
| Digital cash acts much like real cash, except that it's not on paper. |
| Money in your bank account is converted to a digital code, stored on a microchip, a pocket card, or on the hard drive of your computer, and can be used for anonymous transactions by any vendor who accepts it. |
| But the use of digital cash, though convenient, may bring with it complex problems. |
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