e-cash

[ee-kash]

noun

Digital Technology.

1. money that is exchanged electronically over computer or telecommunications networks.

2. any of various systems of payment for purchases made on the internet.

Word History and Origins

Origin of e-cash¹

First recorded in 1990–95; e- ² ( def. ) + cash ¹

Example Sentences

The Treasury would initiate the pilot within 90 days of the bill’s passage and deploy e-cash to the public within four years.

Read more on The Verge

E-cash is supposed to have “minimal transactional data-generating properties” — a tall order for cryptocurrency systems that publicly log transactions — and it’s supposed to allow for peer-to-peer transfers that aren’t validated through a “common or distributed ledger.”

Read more on The Verge

E-cash wouldn’t replace a Federal Reserve plan for a digital dollar Lynch’s bill builds on widespread existing interest in a US “digital dollar.”

Read more on The Verge

The bill specifies that e-cash is distinct from CBDCs and wouldn’t supplant a potential Federal Reserve program.

Read more on The Verge

Similarly the 46m mainland tourists who visit Hong Kong every year are demanding ways to spend their e-cash.

Read more on Economist