Off-line anonymous electronic money, Other Subject

OFF-LINE ANONYMOUS ELECTRONIC MONEY

In off-line electronic money the merchant does not require to cooperate with the bank before accepting a coin from the user. In its place he can gather multiple coins Spent by users and Deposit them later with the bank. In standard this could be done off-line, i.e. the merchant could go to the bank with his storage media to switch e-cash for cash. On the other hand the merchant is certain that the user's e-coin will either be established by the bank, or the bank will be proficient to recognize and punish the cheating user. In this way a user is prohibited from spending the similar coin twice (double-spending). Off-line e-cash schemes too need to look after against cheating merchants, i.e. merchants that desire to deposit a coin twice (and then blame the user).

Using cryptography, unidentified e-cash was come in to existence by David Chaum. He used blind signatures to get unlink ability between extraction and spend transactions. In cryptography, e-cash generally refers to unidentified e-cash. Depending on the properties of the payment transactions, one difference between off-line and on-line e-cash. The first off-line e-cash system was planned by Chaum and Naor. Like the first on-line scheme, it is based on RSA blind signatures.

Posted Date: 10/12/2012 9:13:44 AM | Location : United States







Related Discussions:- Off-line anonymous electronic money, Assignment Help, Ask Question on Off-line anonymous electronic money, Get Answer, Expert's Help, Off-line anonymous electronic money Discussions

Write discussion on Off-line anonymous electronic money
Your posts are moderated
Related Questions
please compute this number 918 for the swertres lotto gam


what are the objectives of selection and recruitment process


I need to write a paragraph about fast food and not understanding implied main ideas

what were the articles of conferation and why according to George Washington were they a faluire

Advantages In mainly cases, a client-server architecture facilitates the roles and tasks of a computing system to be distributed amongst several independent computers that a

IMAGIN YOUR SELF AS A HR MANAGER OF TOUR OPERATING AGENCY FROM MALDIVES. WHAT STEPS WOULD YOU CONSIDER WHILE RECRUTING NEW SALES FORCE FOR YOUR ORGANIZATION?


To: The General hospitals From: Salma Umme, 7717 hough ave, Cleveland, oh-44103 Date: March 7, 2012 Subject: Some issues that I feel is important in my Nursing Area Throughout