Question
Cyber cash
Answer :
Word Count : 278
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Skip in 10
Electronic banking, facilitated by information technology (IT) in banks, has transformed the financial landscape, with cyber cash playing a pivotal role in this evolution. Electronic banking encompasses a range of digital services such as online banking, mobile banking, and electronic funds transfer, all of which rely heavily on IT infrastructure.
The advent of cyber cash signifies the digitization of traditional currency, enabling secure and instantaneous transactions over the internet. This digital currency relies on cryptographic techniques to ensure the integrity and confidentiality of financial transactions. In this context, IT
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