Each tree has its own hash code, which becomes part of a permanent Universal Validation Record. The Universal Validation Record links each second in time with its hash code, which is mathematical shorthand for the fingerprints of all the documents received during that second. For all those who might have an interest, NetChex has just released the Alpha Client 1.0a. The alpha version is just a first test for the company. Your comments, suggestions and critique are invited.
Analysts say there is a lot more coming soon.
The Global Village Bank uses a system for exchanging goods and services over the internet. This is why it's different from e-cash, or digicash or any of the other systems where you have to pay money in advance or give your credit card number. The author hopes it may return control of personal information to the individual. Here's a local copy Cybershops Shops that accept Cyberbucks during the beta trial of this software. Ecash Home Page Ecash is a software only form of electronic money that provides all advantages of cash, and then some.