e-cash

American  

[ee-kash] / ˈiˌkæʃ /

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.

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Etymology

Origin of e-cash

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

Example Sentences

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.”

From The Verge

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

From The Verge

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

From 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.”

From The Verge

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

From Economist