-Caveat Lector-   <A HREF="http://www.ctrl.org/">
</A> -Cui Bono?-

from:
http://www.aci.net/kalliste/
Click Here: <A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin
Grabbe</A>
-----
Digital Society


Chaumian eCash Lives?


At least according to the press release.

eCash Technologies Announces Full Commercial Availability of eCash to Online
Merchants and Consumers

London/Hanover Germany, March 1st, 2000 - Deutsche Bank 24 is the first bank
to offer eCash(tm) to consumers and merchants throughout Germany. Deutsche
Bank 24 has provided eCash to customers for several years and is pleased to
partner with eCash Technologies to achieve widespread adoption of eCash
online currency.

eCash is the virtual equivalent of cash, which can be used for many kinds of
electronic payments, including micro-payments, person-to-person payments,
business-to-business payments and purchases at online merchants that accept
eCash.

A successful global eCash pilot program involving more than 300 online
merchants and eight banks worldwide recorded millions of dollars in
transactions across 30,000 accounts. The pilot program received a 100 percent
success rate and reported no security breaches. With strong support from
banks and merchants and strong interest among consumers, the pilot program
proved there is a high demand for a simple, safe and secure way to pay for
online goods and services that mirrors the reliability and global acceptance
of hard currency.

"Consumers, merchants, and financial institutions have long awaited an online
payment method that is simple, secure, cost-effective and can be used in as
many ways as hard currency," said Drew Hyatt, president and CEO of eCash
Technologies. "eCash addresses the needs of the global online market and will
undoubtedly help spread the adoption of e-commerce."

eCash Technologies is in active discussions with leading financial
institutions and merchants throughout Europe, the United States, Asia, Canada
and Australia to establish eCash as the global online payment standard and
bring its convenience and usability to the rest of the world. In addition,
eCash Technologies is working with several leading global wireless companies
to bring the convenience of online cash payments to wireless devices. eCash
Technologies will address international currency and multi-bank exchange
challenges through a multi-currency eCash software product scheduled for
international release later this year.

eCash Technologies expects to make announcements about strategic partnerships
over the next few months.

About eCash Technologies, Inc.-- Through a global community of partner banks
and merchants, eCash Technologies will be the first company to offer a global
electronic currency that allows financial institutions, online merchants, and
consumers to make and receive cash payments for goods and services on the
Internet. eCash is the first online payment system that offers new revenue
streams to banks, reduced costs to merchants, and unmatched fraud protection
and privacy to consumers. With eCash, merchants and financial institutions
are able to preserve one-on-one customer relationships. Consumers are able to
rely completely on their trusted financial institutions for eCash account
management, while enjoying eCash's online convenience and ease of use. For
more information on eCash Technologies, visit www.ecash.net. eCash is a
registered trademark, and the eCash logo is a trademark, of eCash
Technologies, Inc. For more information about eCash in Germany, access the
eCash portal site at www.ecash.de.

About Deutsche Bank24 -- Multichannel Bank with Quality Deutsche Bank 24
Inc., a subsidiary of Deutsche Bank and domiciled in Frankfurt am Main, is a
new type of bank. As the first integrated branch and direct bank in Germany,
Deutsche Bank 24 started business operations on September 1, 1999. Its core
message is "For People Who are Going Places". Roughly 7 million retail and
small commercial customers have used the services of Germany's biggest
dedicated retail bank, which can be reached through 6 channels. For customer
convenience, Deutsche Bank 24 has 1,300 branches, 250 finance centres and 400
mobile financial consultants. Clients can transact their business with
Deutsche Bank 24 around the clock, by telephone and through the Internet. In
addition there are 1,800 customer terminals at the bank's branches and 6,000
automated teller machines of the Cash Group.
-----
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
All My Relations.
Omnia Bona Bonis,
Adieu, Adios, Aloha.
Amen.
Roads End

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