Diritto ed Informatica: Diritto Internet
| English |
| digital cash |
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| Abbreviation |
e-cash
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| Definition |
Using ecash is like using a virtual ATM (Automatic Teller Machine). When connecting to it over the Internet, you must first authenticate your ownership of the account, and then request the amount of ecash you want to withdraw [...] [Y]our software stores the digital cash it receives on the hard disk of your PC [...] Behind the user interface, the computer actually creates some ´serial´ numbers for the electronic coins based on a random seed. Then it hides them in special encryption envelopes, sends them to the electronic bank for signature and, when they are returned, removes the envelopes while retaining the bank´s validating digital signature on the ´serial´ numbers.
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| Definition source |
Theotokas (1997: 31)
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| Context |
But the unique aspect of Internet commerce is that the Net allows not only negotiation and payment on-line, but also delivery of goods if the goods are digitized information products: software, pictures, movies, music, novels, data, and the like. […] Payment by credit card may reveal the customers´ identity to a business, but not her location, and payment using anonymous "digital cash" is even less traceable.
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| Context source |
(Jv)vol1_art3
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| Synonym |
digital money, electronic cash/money
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| Subject field |
Information Technology
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| Related concept |
electronic payment system
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| it |
moneta elettronica
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| Reliability code |
3
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