At 12:42 3/14/96, bryce@digicash.com wrote:
I just thought I would re-print this extract from the recent press release regarding the EUNet/Merita ecash roll-out.
Favorite phrase: "interesting new possibilities."
Follow-ups directed toward e$. If you post to cpunks without Cc'ing me I probably won't see it.
Bryce
******* begin quote from the "companies that accept ecash" section
SOM -- SOM, the Finnish Securities and Derivatives Exchange and Clearing House, established in 1987, serves as a neutral integrated securities and derivatives exchange and clearing house. SOM offers real-time financial market information on stocks, options and futures via the Internet, with invoices payable in ecash. Somtel for Windows -the application that offers real-time feed, as well as simulation and position-analysis functions-, is already available via leased line. "The use of money makes stock trading less complicated, with money acting as a practical intermediary between the transactions." states Asko Schrey, President of SOM. "However, since stock trades, as well as the shares themselves, are electronic nowadays, this conventional transmission of money has actually become a bottleneck and a threat to the development of the financial world. Therefore, SOM actively participates in projects to promote and improve the efficiency of payment traffic. We believe that electronic money will offer interesting new possibilities."
As mentioned before, one Ecash "currency" per ticker symbol would be a Very Interesting Possibility. No, I am not aware of any plans by DigiCash to implement this. -- Lucky Green <mailto:shamrock@netcom.com> PGP encrypted mail preferred.