ON DIGITAL CASH-LIKE PAYMENT SYSTEMS

Daniel A. Nagy

2005

Abstract

In present paper a novel approach to on-line payment is presented that tackles some issues of digital cash that have, in the author’s opinion, contributed to the fact that despite the availability of the technology for more than a decade, it has not achieved even a fraction of the anticipated popularity. The basic assumptions and requirements for such a system are revisited, clear (economic) objectives are formulated and cryptographic techniques to achieve them are proposed.

References

  1. A. Lysyanskaya, Z. R. (1998). Group blind digital signatures: A scalable solution to electronic cash. In Proceedings of Financial Cryptography: Second International Conference (FC'98), page 184.
  2. Brands, S. (1993a). An efficient off-line electronic cash system based on the representation problem. Technical Report CS-R9323, CWI.
  3. Brands, S. (1993b). Untraceable on-line electronic cash in wallets with observers. In Advances in Cryptology, CRYPTO 7892, pages 302-318. Springer-Verlag.
  4. Chaum, D. (1992). Achieving electronic privacy. Scientific American, pages 96-101.
  5. D. Chaum, A. Fiat, M. N. (1988). Untraceable electronic cash. In Advances in Cryptology, CRYPTO 7888, pages 319-327. Springer-Verlag.
  6. Elgamal, T. (1985). A public-key cryptosystem and a signature scheme based on discrete logarithms. IEEE Transactions on Information Theory, IT-31:469-472.
  7. Grigg, I. (2004). The ricardian contract. In Proceedings of IEEE Workshop on Electronic Contracting July 6, pages 25-31.
  8. Jakobsson, M. (1999). Mini-cash: A minimalistic approach to e-commerce. In Proceedings of the Second International Workshop on Practice and Theory in Public Key Cryptography, pages 122-135.
  9. M. Stadler, J.-M. Piveteau, J. C. (1995). Fair blind signatures. In Advances in Cryptology, EUROCRYPT 7895, volume 921, pages 209-210. Springer-Verlag.
  10. NIST (1991). Proposed federal information processing standard for digital signature standard (dss). Federal Register, 56:42980-42982.
  11. NIST (1995). Secure hash standard. FIPS 180-1.
  12. R. L. Rivest, A. Shamir, L. A. (1978). A method for obtaining digital signatures and public-key cryptosystem. Communications of the ACM, 21:120-126.
Download


Paper Citation


in Harvard Style

A. Nagy D. (2005). ON DIGITAL CASH-LIKE PAYMENT SYSTEMS . In Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE, ISBN 972-8865-32-5, pages 66-73. DOI: 10.5220/0001412100660073


in Bibtex Style

@conference{icete05,
author={Daniel A. Nagy},
title={ON DIGITAL CASH-LIKE PAYMENT SYSTEMS},
booktitle={Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE,},
year={2005},
pages={66-73},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001412100660073},
isbn={972-8865-32-5},
}


in EndNote Style

TY - CONF
JO - Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE,
TI - ON DIGITAL CASH-LIKE PAYMENT SYSTEMS
SN - 972-8865-32-5
AU - A. Nagy D.
PY - 2005
SP - 66
EP - 73
DO - 10.5220/0001412100660073