MoneyLab - Eduard de Jong - Money or Forex: an summary of digital cost expertise

MoneyLab: Coining Alternate options
Session 5: Bitcoin and Past
Eduard de Jong (NL) - Money or Forex: an summary of digital cost expertise
Convention Day 2 (22 March 2014)

Bitcoin has lately been stirring up numerous consideration for digital funds. Digital cost already has fairly a historical past: in Europe, the primary types of digital cost emerged with telephone playing cards round 30 years in the past. e-Money, an digital money expertise invented by David Chaum, was carried out in 1991. In subsequent years many digital cost initiatives arose in lots of elements of the world, with names like Mondex and DanMønt (DanCoin), Geldkarte, ChipKnip and n-Depend. The emergence of NFC as short-range contactless communication, and smartphones as superior consumer interface units, has given a brand new impulse to digital cost after the lacklustre take-up of earlier initiatives. This speak appears on the historical past of digital cost and identifies frequent properties. It defines the important thing features to be realized securely in any system of digital cost. The speak concludes by with an evaluation of Bitcoin within the mild of those insights.

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