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04-12-2009, 09:49 AM
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| Innocent Baby BSIT Professional     Join Date: Sep 2007 Location: near Govt College of Science Multan Pakistan
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Contact Number: Removed Program / Discipline: BSIT Class Roll Number: 07-15   Time Spent Online: 3 Months 3 Weeks 3 Days 10 Hours 48 Minutes 53 Seconds         |  E-cash Payment System Lecture by sir adnan rafiq
A company, DigiCash, has pioneered the use of electronic cash or e-cash. Anonymity of the buyer is the key feature of this system. There are three participants in it, namely, buyer, merchant and bank. Both, symmetric and asymmetric type of cryptography is used in this system. Buyers and merchants, both, have accounts in the E-cash bank. Buyers withdraw coins against their account and store them in e-cash wallet software (Cyber wallet) on their computer. Cyber wallet stores and manages coins and records every transaction.  To read More Download Attachment
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