Term of the Moment
address mode
Definition: digital money
(1) For a country's digital money, see CBDC.
(2) For blockchain-based money, see cryptocurrency.
(3) With regard to e-commerce, credit cards and PayPal are the primary forms of digital money transfer. Web browsers and servers encrypt connections between user and online merchant (see TLS). In the 2010s, mobile payment systems emerged as a major form of digital money. See Web payment service and mobile payment service.
Pre-21st Century
(2) For blockchain-based money, see cryptocurrency.
(3) With regard to e-commerce, credit cards and PayPal are the primary forms of digital money transfer. Web browsers and servers encrypt connections between user and online merchant (see TLS). In the 2010s, mobile payment systems emerged as a major form of digital money. See Web payment service and mobile payment service.
This 1996 book was all about transferring money over the Internet just as the Internet was emerging. Lynch and Lundquist wrote about "crypto" in the book, but it was about the cryptographic methods used to secure financial transactions. Cryptocurrency did not yet exist (see cryptography).