Edited Edupage, 22 February 1996

["E. ALLEN SMITH" <EALLENSMITH@ocelot.Rutgers.EDU>]

From:	IN%"educom@elanor.oit.unc.edu" 23-FEB-1996 00:27:10.72

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Edupage, 22 February 1996.  Edupage, a summary of news items on information
technology, is provided three times each week as a service by Educom, a
Washington, D.C.-based consortium of leading colleges and universities
seeking to transform education through the use of information technology.
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	This is the first I've heard (I think) that theirs will allow
electronic cash. Wonder what exactly this means? 

>ELECTRONIC WALLET FROM ORACLE AND VERIFONE
>Oracle, which specializes in database software, and Verifone, which
>specializes in credit card verification systems, have formed an alliance
>that will allow customers using "electronic wallets" built into Internet
>browser software to access a full range of financial transaction methods,
>including credit and debit cards, smart cards and electronic cash.  The
>companies call it an "end-to-end" system for secure electronic commerce on
>the Internet.  (Financial Times 22 Feb 96 p16)

	Somehow, the cluelessness of governments sometimes amazes even me. Have
they ever heard of companies moving?  

>TAX REVOLT ON THE INFO HIGHWAY
>When officials in Spokane, Wash. thought they could wring some extra revenue
>via a 6% tax on Internet providers, they were inundated with e-mail and
>phone calls protesting the action.  One firm even set up a Web site for
>users to vent their opposition.  The result was the city council decided to
>delay the tax pending further study, but the Spokane experience is likely to
>be played out in cities across the country as local governments look for new
>sources of cash.  (Information Week 12 Feb 96 p10)

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