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Sony Plans E-Money Service (Was Re: NewsScan Daily, 13 July 1999

daemon@ATHENA.MIT.EDU (Robert Hettinga)
Tue Jul 13 16:52:19 1999

In-Reply-To: <199907131650.MAA19860@marcella.ecarm.org>
Date: Tue, 13 Jul 1999 13:16:15 -0400
To: Digital Bearer Settlement List <dbs@philodox.com>, dcsb@ai.mit.edu,
        cryptography@c2.net
From: Robert Hettinga <rah@shipwright.com>

At 7:51 AM -0700 on 7/13/99, NewsScan wrote:


> SONY PLANS E-MONEY SERVICE
> Sony Corp. is planning to test an Internet-based electronic money service,
> beginning with a pilot program involving 200-300 families next summer.
> Users will link to Sony's So-net Internet service, and then use noncontact
> IC cards, similar to debit cards, to make purchases.  The cards and card
> readers will be provided to the families as part of the test.  If all goes
> well, the system will be commercialized in late 2000, according to the Nihon
> Keizai Shimbun (Nikkei). (Reuters/TechWeb 13 Jul 99)
> http://www.techweb.com/news/story/reuters/REU19990713S0001

-----------------
Robert A. Hettinga <mailto: rah@ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'


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