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Piggy bank (sometimes penny bank or money box) is the traditional name of a coin container normally used by children. The piggy bank is known to collectors as a "still bank" as opposed to the "mechanical banks" popular in the early 20th century. These items are also often used by companies for promotional purposes, and many financial service ...
Chaum started the company DigiCash in 1989 with "ecash" as its trademark. He raised $10 million from David Marquardt and by 1997 Nicholas Negroponte was its chairman. [4] Yet, in the United States, only one bank — the Mark Twain bank in Saint Louis, MO — implemented ecash, testing it as micropayment system; [5] Similar to credit cards, the system was free to purchasers, while merchants ...
A time switch (also called a timer switch, or simply timer) is a device that operates an electric switch controlled by a timer. Intermatic introduced its first time switch in 1945, which was used for "electric signs, store window lighting, apartment hall lights, stokers, and oil and gas burners." A consumer version was added in 1952.
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Digital clocks typically use the 50 or 60 hertz oscillation of AC power or a 32,768 hertz crystal oscillator as in a quartz clock to keep time. Most digital clocks display the hour of the day in 24-hour format; in the United States and a few other countries, a commonly used hour sequence option is 12-hour format (with some indication of AM or PM).
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