e$ and markets and meta-markets. quote with little comment

[Lucky Green]

At 12:42 3/14/96, bryce at 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 at netcom.com>
   PGP encrypted mail preferred.