What are the benefits of electronic money compared to traditional money?

The main types of <> electronic money are:

1. Stored value card-type electronic money, generally in the form of IC cards;

2. Credit card application-based electronic money, generally a debit card or a quasi-credit card;

3. Deposit-based electronic money, mainly including debit cards, electronic checks, etc.;

4. Cash analog electronic money, mainly electronic cash and electronic wallets.

Relative to traditional money, electronic money.

In fact, it is a manifestation of the informatization of traditional money, which has the following advantages:

1. Search computer network technology by electronic data.

to rely on storage, payment and circulation;

2. It can be widely used in all aspects of production and life;

3. It can realize all the functions of the original traditional currency;

4. Electronic money is easy to use, safe, fast and reliable;

5. Usually bank cards, mobile phones, and computer networks are used as carriers and transmission methods.

Electronic money refers to electronic financial network as the basis, commercial electronic tools and various transaction cards as the medium, and electronic computer technology.

and communication technology as a means of storing electronic data (binary data) in the bank's computer system.

and through the computer network system, the currency in the form of electronic information transmission realizes the function of circulation and payment.

Electronic money is a kind of information money, electronic money is just a conceptual currency information, it is actually a set of data containing the user's identity, password, amount, scope of use and other content of special information, so it can also be called digital currency.

When people use electronic money to transact, they are actually exchanging relevant information, and after this information is transmitted to the merchant who opened this kind of business, the two parties to the transaction are settled, which is more economical, more convenient and faster than the way of the real banking system.

If you encrypt electronic money, it is actually the same as registering, and if you want to be anonymous, you can't even add a password. The problem is that if anonymous electronic money is used, some criminal activities, such as money laundering, drug trafficking, terrorist activities, arms trading, etc., will be rampant, and law enforcement agencies will not be able to find out the location of these electronic currencies in the network, in this case, it will be impossible to protect users. There is no doubt that the borderless and instantaneous nature of electronic money will create a blind spot in security.

The law should weigh the two and strike a balance between the two.

Advantages: 1. Convenient.

2. Safety. 3. General.

4. Increase social benefits.

Disadvantages: 1. Strong support from a third party is required.

2. New risks arise.

3. The scope of use is limited.

Electronic money is stored, paid and circulated based on electronic computer technology; It can be widely used in the fields of production, exchange, distribution and consumption; It integrates various functions such as financial savings, credit and non-cash settlement; Electronic money is easy to use, safe, fast and reliable; At this stage, the use of electronic money is usually based on bank cards (magnetic cards, smart cards).

Advantages: 1. Convenient.

2. Safety. 3. General.

4. Increase social benefits.

Disadvantages: 1. Strong support from a third party is required.

2. New risks arise.

3. The scope of use is limited.

Electronic money is stored, paid and circulated based on electronic computer technology; It can be widely used in the fields of production, exchange, distribution and consumption; It integrates various functions such as financial savings, credit and non-cash settlement; Electronic money is easy to use, safe, fast and reliable; At this stage, the use of electronic money is usually based on bank cards (magnetic cards, smart cards).

I love the Q&A platform to answer questions such as the difference between electronic money and ordinary money.

Advantages: convenient, fast, efficient and economical.

Disadvantages: 1. Strong support from a third party is required. 2. New risks arise. 3. The scope of use is limited.

Advantages: conducive to supervision, convenient and efficient, relatively safe, no cost, no damage, a mobile phone to go all over the world Disadvantages: not free, difficult to cash, uncontrollable risk in the future, unstable, dependent on the environment The above is just what I thought of for a while, welcome to add.

High uncontrollable risk in the future: electronic money is conducive to social development, but also has high risks, if electronic money completely replaces traditional currency, once the transaction system has problems or receives an inexplicable attack, it will affect the stability of the whole society.

Not free: Thanks to the digitization of money, the circulation of money and the amount of deposits of citizens have become completely transparent and regulated.

Instability: It is too convenient to issue additional currency, at almost no cost, and the purchase of foreign exchange reserves in large quantities leads to severe inflation.

1. The background of electronic money is different from that of traditional money.

social background, economic conditions and scientific and technological level, etc. It is manifested in the form of electronic money that uses electronic pulses instead of paper to transmit and display funds, and is processed and stored through microcomputers, without the size, weight and imprint of traditional currency.

2. Electronic money can only be circulated in the field of transfer.

Electronic money circulates much faster than traditional money. Traditional money can be used in any region, while electronic money can only be used in the credit card market.

3. The impact of electronic money on society is wider and deeper.

4. The space occupied by electronic money and traditional money is different.

Traditional currencies have a limited face value, and a large number of Commodity World Bank coins will inevitably occupy a large space, while electronic currencies occupy a small space and their volume is almost negligible.

5. Electronic money is different from traditional currency transmission channels.

6. The degree of anonymity of electronic money is different from that of traditional currency.

Traditional currencies have money printing numbers, and at the same time, traditional currencies are always inseparable from face-to-face transactions, which greatly limits the anonymity of traditional currencies.

First, the difference in application:

The anti-counterfeiting of traditional currencies depends on specific substances, while the anti-counterfeiting of electronic currencies can only be completed and realized by means of electronic technology and communication technology and encryption or authentication systems.

2. Differences in institutional issuance:

Traditional currencies are generally monopolized by banks or specific financial institutions. **Banks bear the costs of their issuance and enjoy their profits. The issuance mechanism of electronic money is different, and the issuing institutions include both ** banks and general financial institutions, and even non-financial institutions, and more of the latter.

3. Differences in geographical restrictions:

The use of traditional currencies has strict geographical restrictions; Electronic money breaks the geographical barrier, as long as the merchant is willing to accept it, consumers can easily obtain and use multiple currencies.