- Advantages
With more and more banks introducing online banking for their customer to make their daily transactions e-cash helps to make these transaction more efficient and less costly. Usage of e-cash does not require any special authorization which means anyone can just use it for their own convenience. - Disadvantage
With the increasing cases of fraud on the internet it poses a great disadvantage to the growth e-cash. These cases are very hard to be solved as the usage of the e-cash is anonymous. This makes it very hard to find out who is using the e-cash and the personal that has obtained the e-cash could not be apprehended.
Reference:
http://www.win.tue.nl/~berry/papers/cosic.ps.gz
