-BEENZ HAS HIGH HOPES FOR NEW ELECTRONIC CREDIT SYSTEM FOR THE NET.
INTERNET BUSINESS NEWS (C) 1994-8 M2 COMMUNICATIONS LTD Beenz Co
has launched a new electronic credit system, called Beenz, which it
hopes will become the new currency of the Internet. Under the system,
web sites participating in the project will offer visitors Beenz credits
as rewards for purchases, revealing their e-mail address or for simply
visiting the site. The credits can be stored in a Beenz bank account at
the Beenz bank web site and spent later at participating sites.
Technological support for the system has been provided by Oracle, Sun
Microsystems and Exodus.