[45699] in Cypherpunks
NTT & electronic "cash"
daemon@ATHENA.MIT.EDU (E. ALLEN SMITH)
Wed Dec 20 20:09:39 1995
Date: Wed, 20 Dec 1995 18:43 EDT
From: "E. ALLEN SMITH" <EALLENSMITH@ocelot.Rutgers.EDU>
To: cypherpunks@toad.com
X-Envelope-To: cypherpunks@toad.com
X-Vms-To: IN%"cypherpunks@toad.com"
This qualifies as one of the most uninformative news items I've seen
from Reuters. Anyone know any substantive info on their process?
-Allen
---------------------
Reuters New Media
_ Wednesday December 20 2:04 PM EST _
NTT Says Develops Secure Electronic Cash System
TOKYO- Nippon Telegraph and Telephone said today that it has developed
a secure electronic cash system which can be used for settling
transactions on the Internet and in daily life using smart cards.
"The system has very secure algorithms, and that makes fraudulent
uses of the system very difficult," NTT researcher Mikio Suzuki
told Reuters.
