On Electronic Money and Cryptology.

On the Essentiality of Electronic Money∗

What makes e-money special relative to cash? How does the introduction of electronic money improve the functioning of a payment system, in which cash is used as an incumbent payment instrument? This paper adopts a mechanism design approach to identify the essential features of e-money that improve the effi ciency of the economy. We build a micro-founded general equilibrium model to compare the ...

Internetcash System based on NTT Electronic Money

Electronic commerce has attracted much attention with the development of security technology on the Internet. We established an electronic commerce system that is based on NTT electronic money technology and is connected with the Japanese banking system. It has been operated in the InternetCash trial step2 since April 1999. The aim of this trial is to evaluate the security features of NTT elect...

Security of Electronic Money

electronic money laundering

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