anonymous settlement
Jim Dixon
jdd at aiki.demon.co.uk
Thu Aug 11 08:53:14 PDT 1994
In message <9408102324.AA25933 at ah.com> Eric Hughes writes:
> > Also, for anonymous
> > payment for such overseas services, anonymous transfer in at least one
> > of the two currencies is necessary.
>
> The last point is certainly not true. If user X communicates with
> service A (a gateway) in one country to purchase something from
> service B in another country, X can settle accounts with A anonymously
> (say in US$) and then A and B can settle accounts with one another
> (say in sterling) openly.
>
> May I point out that that in your example that X and A are performing
> an anonymous transfer in dollars, which is one of the two currencies?
You are quite right. I misread what you wrote, thinking that you meant
that X must pay B anonymously in one of the two currencies.
--
Jim Dixon
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