Term of the Moment
deep link
Definition: digital money
(1) Except for cash, gold and silver, all money is digital. See virtual currency and cryptocurrency.
(2) With regard to e-commerce, PayPal and traditional credit cards are the primary form of digital money transfer. Web browsers and Web servers encrypt connections between user and online merchant (see TLS). In the 2010s, mobile payment systems also emerged as a major form of digital money. See Web payment service and mobile payment service.
Pre-21st Century
(2) With regard to e-commerce, PayPal and traditional credit cards are the primary form of digital money transfer. Web browsers and Web servers encrypt connections between user and online merchant (see TLS). In the 2010s, mobile payment systems also emerged as a major form of digital money. See Web payment service and mobile payment service.
This 1996 book was all about the methods for transferring money over the Internet just as the commercial Internet was becoming known to the world. The "crypto" in this book was about the cryptographic methods used to ensure trust and secure financial transactions for e-commerce.