Israel is at the forefront of encryption development. Companies like Check Point, Algorithmic Research, Aliroo, Rad-Guard and many others are developing security and encryption systems based on codes. Israeli law contains many provisions which require steps to be taken for the security of information or make certain types of information privileged. Provisions of this type are a ...
Ever since the time of the Bar Kochba revolt, currency has been a clear symbol of national sovereignty. The power to issue it rests solely with the state or its authorities (section 28 of the Bank of Israel Law, chapter 34 of the US Code). At the same time, currency represents the economic stability of the issuing state. In this ...
On 1st July 1998 the District Court of Tel Aviv awarded the force of a judgment to an understanding reached in the first Israeli dispute relating to domain names (CF 615/98, MA 6529/96). In the understanding, Yahoo Israel undertook to stop using the name "Yahoo" within 24 hours and to transfer to Yahoo! Inc. all the rights in the domain ...
The total virtualisation of payments finds striking expression in digital money. These are bits of data, representing money, which are purchased for consideration from an issuer and stored on the computer's hard drive or in an electronic wallet. Legally, digital cash constitutes the issuer's obligation to convert it into legal tender when the electronic bits are returned to it.
Digital ...
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