NETCHEQUE WANTS TO BE YOUR CYBERBANKER The long-anticipated digital commerce boom hinges on one important factor -- the ability to safely and securely conduct monetary transactions in cyberspace. A team of scientists at the University of Southern California are working on a system called NetCheque that would allow banks and their customers send an electronic check over the Internet, complete with a digital signature that cannot be forged. "With NetCheque, if your balances are positive it's like a checking account. If they're negative, it's like a credit-card account... It really depends very much on how you want to set up this very flexible mechanism," says the USC team leader. The system was recently released for testing, and those interested in participation should send mail to netcheque@isi.edu. (Chronicle of Higher Education 2/10/95 A18) -- Harry S. Hawk habs@panix.com Product Marketing Manager PowerMail, Inc. Producers of MailWeir(tm) & PowerServ(tm)
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Harry S. Hawk