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NYS_ize
8-23-95. NYPaper:
"Cyberspace Prophets Discuss Their 'Revolution' Face to
Face."
Supporters of Newt Gingrich gathered at a conference
with the savants of cyberspace to create a common vision
for America's future in the digital age. Conservative
venture capitalists and self-proclaimed former hippies
and anarchists all seemed to agree that America is
entering an "information revolution" that will
profoundly restructure the political, economic and
social landscape. Discussion among the panelists was
heavy on theory and often long on egoo.
"Checks Delivered Via E-Mail Are Planned."
A group of banks and technology companies said yesterday
that they would design a system to create "electronic
checks" that could be used to make payments over the
Internet or other electronic mail systems. Unlike the
electronic bill-payment services increasingly offered by
banks, electronic checks could be sent directly by
customers to their recipients, without going through the
bank. The electronic check would contain all the
information that is on today's paper checks. In
addition, the check would contain a "digital signature,"
a security code that could prove that the check was
authorized by the account holder.
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