Welcome to FreeDigitalCash.Com

What’s New To FreeDigitalCash.com?

Autor admin | 11.11.2009 | Category Announcements, Digital Cash News

Besides our new look, we have been working feverishly over the last couple days to make sure we deliver the best service to visitors. As a result of our efforts, visitors no longer have to wait an additional amount of time to receive their payments. Now, all payments are made to the individual upon completing an offer (as per the time it indicates that you will be paid). So, you can now expect to be paid according to what the specific offer indicates. We welcome any feedback on how you feel our service is progressing. Please be sure that you are logged into Second Life and accessing this site via one of the terminals at this location within Second Life to complete and get credit for offers.

Thanks!
FreeDigitalCash.com Staff

FreeDigitalCash.com User Tutorial (Watch First)

Autor admin | 11.11.2009 | Category Announcements, Digital Cash News, How To Tutorial, Videos and Music

What is Digital Cash or Electronic Money?

Autor admin | 21.10.2009 | Category Digital Cash News, Linden Dollars - L$

Electronic money (also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency) refers to money or scrip which is exchanged only electronically. Typically, this involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer (EFT) and direct deposit are examples of electronic money. Also, it is a collective term for financial cryptography and technologies enabling it.

While electronic money has been an interesting problem for cryptography (see for example the work of David Chaum and Markus Jakobsson), to date, use of digital cash has been relatively low-scale. One rare success has been Hong Kong’s Octopus card system, which started as a transit payment system and has grown into a widely used electronic cash system. Singapore also has an electronic money implementation for its public transportation system (commuter trains, bus, etc), which is very similar to Hong Kong’s Octopus card and based on the same type of card (FeliCa). There is also one implementation in the Netherlands, known as Chipknip.

Source: WikiPedia.org