Added Security: The chip helps
protect against fraud because it creates unique transaction data when the card is used at chip - enabled terminals in stores and at ATMs
Not exact matches
Transacting in Bitcoin is also riskier
because consumers are not
protected against virtual currency
fraud, making it a less appealing option for those mindful of the collapse of Mt. Gox, a Bitcoin trading platform that was based in Japan.
The purpose of the statute of
frauds is to
protect people from being held liable on informal communications
because they may be made without sufficient consideration or expressed ambiguously or
because such a communication might be fraudulently alleged
against the party to be charged.