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InternetCash.com
''InternetCash.com'' was a company that generated pre-paid cards, either in physical or electronic form, to distribute cash. The cash consisted of an InternetCash number together with a customer-selected PIN. The InternetCash e-currency could then be spent with participating online merchants. An early name for InternetCash, before it acquired the internetcash.com domain name, was SpendCash.com. InternetCash was founded in April 1999 and it filed several patents to protect its novel electronic money system. Its founders raised over $10 million, mostly from Jim Bidzos and ElDorado Ventures, a Menlo Park venture capital firm between May and December 1999. Founders InternetCash's founders were Charles Doherty, Yiannis Tsiounis, Jason Richelson, and Ben Reddy. Doherty, an entrepreneur, had the idea about a pre-paid card system and contacted Yiannis Tsiounis, who had recently completed his Ph.D. in electronic cash, in order to build a suitable architecture for the system and write th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flooz
Flooz.com was a dot-com venture, now defunct, based in New York City that went online in February 1999. It was promoted by comic actress Whoopi Goldberg in a series of television advertisements. Started by iVillage co-founder Robert Levitan, the company attempted to establish a currency unique to Internet merchants, somewhat similar in concept to airline frequent flier programs or grocery store stamp books. The name "flooz" was based upon the Arabic word for money, فلوس, ''fuloos''. Users accumulated flooz credits either as a promotional bonus given away by some internet businesses or purchased directly from flooz.com which then could be redeemed for merchandise at a variety of participating online stores. Adoption of flooz by both merchants and customers proved limited, and it never established itself as a widely recognized medium of exchange, which hindered both its usefulness and appeal. Use by crime syndicate In 2001, Flooz.com was notified by the Federal Bureau of Inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beenz
beenz.com was a website that allowed consumers to earn beenz, a type of online currency (and Bitcoin predecessor), for performing activities such as visiting a web site, shopping online, or logging on through an Internet service provider. The beenz e-currency could then be spent with participating online merchants. The marketing and brand concept positioned Beenz as "the web's currency", global money that would challenge the world's major currencies. The Beenz management team raised almost $100 million from venture capitalists including Apax Patricof, Larry Ellison of Oracle, Michael Saylor of Microstrategy, François Pinault of PPR, Vivendi Universal, Italian financier Carlo de Benedetti and Hikari Tsushin of Japan. Since launching a new currency is illegal in many countries, beenz management and its legal teams had to meet with finance ministers across Europe to assure them that Beenz would be categorized as virtual points. Beenz's offices in London were visited by the Fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secret Sharing
Secret sharing (also called secret splitting) refers to methods for distributing a secret among a group, in such a way that no individual holds any intelligible information about the secret, but when a sufficient number of individuals combine their 'shares', the secret may be reconstructed. Whereas ''insecure'' secret sharing allows an attacker to gain more information with each share, ''secure'' secret sharing is 'all or nothing' (where 'all' means the necessary number of shares). In one type of secret sharing scheme there is one ''dealer'' and ''n'' ''players''. The dealer gives a share of the secret to the players, but only when specific conditions are fulfilled will the players be able to reconstruct the secret from their shares. The dealer accomplishes this by giving each player a share in such a way that any group of ''t'' (for ''threshold'') or more players can together reconstruct the secret but no group of fewer than ''t'' players can. Such a system is called a -threshol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Currencies
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that you can directly hold in your hand, like currencies with printed banknotes or minted coins - however they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store and ke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Properties Established In 1999
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource sharin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Babbage Institute
The IT History Society (ITHS) is an organization that supports the history and scholarship of information technology by encouraging, fostering, and facilitating archival and historical research. Formerly known as the Charles Babbage Foundation, it advises historians, promotes collaboration among academic organizations and museums, and assists IT corporations in preparing and archiving their histories for future studies. Activities The IT History Society provides background information to those with an interest in the history of Information Technology, including papers that provide advice on how to perform historical work and how historical activities can benefit private sector organizations. It tracks historical projects seeking funding as well as projects underway and completed. It maintains online, publicly available, lists of events pertaining to IT history, IT history resources, an IT Honor Roll acknowledging more than 700 individuals who have made a noteworthy contribution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buying Agent
Buying agents or purchasing agents are people or companies that offer to buy goods or property on behalf of another party. Indent agents or indenting agents (or firms) are alternative terms for buying agents. An indent is an order for goods under specified conditions of sale. There are agents for all kinds of products, from raw material commodities through to specialized custom equipment. Real estate In the United States, agents who buy real estate in this way are also known as property search agents or buyers’ agents and are professionals exclusively acting on behalf of a property buyer who assists the client during the entire purchasing process from sourcing the properties that correspond to the clients' requirements to negotiating the best possible price and terms with the seller and helping the client during the legal process to complete the acquisition. Buying agents often preview properties on behalf of their clients, shortlist the most suitable, and usually accompany cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virtual Currency
Virtual currency, or virtual money, is a digital currency that is largely unregulated and issued and usually controlled by its developers and used and accepted electronically among the members of a specific virtual community. In 2014, the European Banking Authority defined virtual currency as "a digital representation of value that is neither issued by a central bank or a public authority, nor necessarily attached to a fiat currency, but is accepted by natural or legal persons as a means of payment and can be transferred, stored or traded electronically." A digital currency issued by a central bank is referred to as a central bank digital currency. Definitions In 2012, the European Central Bank (ECB) defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". In 2013, US Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Currency
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that you can directly hold in your hand, like currencies with printed banknotes or minted coins - however they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keyed-hash Message Authentication Code
In cryptography, an HMAC (sometimes expanded as either keyed-hash message authentication code or hash-based message authentication code) is a specific type of message authentication code (MAC) involving a cryptographic hash function and a secret cryptographic key. As with any MAC, it may be used to simultaneously verify both the data integrity and authenticity of a message. HMAC can provide authentication using a shared secret instead of using digital signatures with asymmetric cryptography. It trades off the need for a complex public key infrastructure by delegating the key exchange to the communicating parties, who are responsible for establishing and using a trusted channel to agree on the key prior to communication. Details Any cryptographic hash function, such as SHA-2 or SHA-3, may be used in the calculation of an HMAC; the resulting MAC algorithm is termed HMAC-X, where X is the hash function used (e.g. HMAC-SHA256 or HMAC-SHA3-512). The cryptographic strength of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
