Sentences with phrase «creates electronic money»

(The U.S. Federal Reserve actually has a video on YouTube explaining how it creates electronic money.)

Not exact matches

We dive into everything from the Aztec origins of their names, to the influence of thier creative, activist, entrepreneurial parents, to running a successful Kickstarter and later raising money from Backstage Capital, to their ambitious vision to influence culture by creating musical tools to bridge the gap between instrumentalists and electronic music.

Wei Dai, back in 1998, created a proposal for an «anonymous, distributed electronic cash system» called B - Money, which was based on the proof - of - work function for the «creation» of mMoney, which was based on the proof - of - work function for the «creation» of moneymoney.

DigiCash was an electronic money corporation, creating an anonymous payment protocol built on cryptography.

The paper goes onto show how money exists in the form of accounting entries in a computer system — a kind of electronic money that's created when banks make loans, and destroyed when those loans are repaid.

For a relatively small amount of money, pirates can convert any hard - copy book into an unprotected text file, even if a legitimate electronic book is never created, Enderle says.

The central bank of CEMAC did create a legal framework for electronic money in 2001.