10 Technologies That Faded Away

By siliconindia   |   Tuesday, 08 November 2011, 01:37 IST
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8. Internet Currency:
internet currency
The electronic money on internet is called as internet currency. In the year 2001, corporations like internetcash.com, flooz.com and beenz.com were shut down. Internetcash.com used prepaid cards which were manual and electronic form to allocate the money which can be used anywhere on internet. This idea did created a huge demand among people but there was money going waste as the card has validity dates. So people lost money and some made complaints to this site.