Identify potential solutions for these issues and evaluate

Question

Anonymous E-money Attachment Collapse.

The concept of electronic money (e-money) is simple: a user can transfer payment from his or her own bank account to the merchant's account without using an intermediary, such as a credit card. E-money can be of two types: identified e-money and anonymous money (also called digital cash or e-cash).

As a new model of exchange, e-money has its own security and privacy issues. Protection for both payers and receivers needs to be considered and in place. In this Discussion you will explore the security issues surrounding e-money.

To complete this Discussion: Post: Describe the concept and function of electronic money (e-money).

Explain the security and privacy issues relating to this new model of exchange.

Identify potential solutions for these issues and evaluate their ability to protect both payers and receivers. You must remember this homework has to be plagiarism free thanks

Answer 1

The task is explained to Anonymous E-money Attachment Collapse. The idea of electronic money (e-money) is easy: a user can transport payment from his or her own bank account to the merchant's account with no using an intermediary, these as a credit card. E-money can be of 2 kinds: identified e-money and anonymous money (as well said digital cash or e-cash). As a new model of exchange, e-money has its own security and privacy issues. Protection for both payers and receivers needs to be considered and in place. In this conversation you will discover the security concerns surrounding e-money. To complete this Discussion: Post: Illustrate the idea and function of electronic money (e-money).