The following outline in detail the case of Mark Twain for the use of electronic money in accordanc

Established in 1990, DigiCash a pioneer in the development of electronic payment mechanism for open or closed buttermilk shelf life systems and networks by providing the necessary security and confidentiality. The first product DigiCash was developed by the Netherlands Government and consisted of a system of toll roads. DigiCash but also developed many other technologies. In addition, the technology

works DigiCash smart cards, and has developed an interface microwave technology from the Dutch government. DigiCash worked on several fronts simultaneously. DigiCash buttermilk shelf life has developed several generations of its smart card and electronic purse that can hold its own electronic money. DigiCash technology is based on public key cryptography

developed by company founder (Dr. David Chaumes). DigiCash buttermilk shelf life is particularly associated with Mark Twain Bank (St. Louis, Missouri) for the commissioning of the electronic money he calls "electronic money" and the subsequent currency is named: Cyberbucks. What is interesting is the electronic purse and electronic money DigiCash. In fact, the smart card reader requires the costs and restrict its use of open trade on the Internet. DigiCash not yet deployed their smart cards through the Internet. These smart cards would rather use machines or closed networks.

After all, with the increasing number of users the system could be implemented on a large scale and become available on the Internet.
The proposed buttermilk shelf life DigiCash electronic money can not be traced, buttermilk shelf life unlike paper money. Once the money is transferred, it is possible to link the payment

to the payer. But users can clearly demonstrate they are or are not a special charge, and without revealing any other information. MasterCard and DigiCash did a demonstration system using the first smart chip card standards EMV (Europay, MasterCard, VISA). Recent developments have provided buttermilk shelf life an effective buttermilk shelf life public-key authentication using smart cards less expensive. DigiCash card designed to "re-load" money is a function of the card, access control and other functions of the core application systems Credit / Debit MasterCard.
Now back to the electronic money as proposed buttermilk shelf life DigiCash. Currently, there are two companies that have built commercial windows

to the system proposed DigiCash and other developing: Mark Twain Bank (USA) (U.S. dollars) EUnet Finland (Finland Oy) (FIM), Deutsche Bank (in development)
Sites that build and traders who find themselves in these windows are appointed Cybershop. All customers who are registered, you can make purchases at any of these Cybershop. In addition, the user can give the money to another user within the Community.
The following outline in detail the case of Mark Twain for the use of electronic money in accordance with the method DigiCash. On Mark Twain Bank System buttermilk shelf life is a beta test (beta test) an electronic money system with real money, and is currently limited to 10,000 buttermilk shelf life users. There are two essential components to operate: the customer is arriving at the Mark Twain Bank, and open a special account named WorldCurrency Access (tm). This is a traditional bank account in which the customer can make a deposit choice for 25 currencies. There is no minimum amount for deposit in the account. The money is held in this account is insured Federal Deposit Insurance Corporation (FDIC). Customer shall have to obtain and install the software from an electronic money DigiCash. This software requires a license. This is Mark Twain Bank, which the customer is established, with instructions to get a copy of the software (URL, ID number and an account password)
Customers now deposit money (real) in your account at the Mark Twain Bank, or by sending a check (mail) or by bank transfer. When money is paid into the account, the bank will automatically convert part of the money ($ 100 or less) 'electronic money' currency '(electronic money Mint), the rest are kept in "real money" customer's bank account. (See below for a conversion of electronic money) From this point, the customer can transfer money electronically from your bank account to your hard drive in order to spend time deciding. If the customer buttermilk shelf life wants a larger amount is converted to e