News tagged with transactions

Ten more years of real money

We will still be using "real" money for at least the next 5 to 10 years, but financial transactions carried out using mobile electronic devices, such as smart phones and tablet computers, will increasingly ...

dateApr 22, 2015 in Economics & Business
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Bitcoin lets users avoid censorship

In his graduation research, computer science student Krzysztof Okupski has developed software to encrypt messages with the Bitcoin network. Using his software, it costs around 50 cents to send an A4 page ...

dateDec 01, 2014 in Computer Sciences
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Virtual money and user's identity

Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions ...

dateNov 25, 2014 in Internet
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Bitcoin 'mining pool' promises to stay small

The largest group of bitcoin miners, which maintains and processes transactions in the digital currency, is promising to avoid majority control of the currency as a temporary measure to maintain the payment system's credibility.

dateJul 17, 2014 in Internet
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Probing Question: What is Bitcoin?

In 1729, when he was 23 years old, Benjamin Franklin authored a pamphlet titled "A Modest Inquiry into the Nature and Necessity of a Paper Currency." The revolutionary idea he advocated? Paper money printed ...

dateJul 10, 2014 in Internet
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Quantum cryptography for mobile phones

Secure mobile communications underpin our society and through mobile phones, tablets and laptops we have become online consumers. The security of mobile transactions is obscure to most people but is absolutely essential if ...

dateApr 03, 2014 in Quantum Physics
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