TRANSFERRING SECRET ELECTRONIC PAYMENT

An Off-Line Electronic Payment Scheme based on Publicly Verifiable Secret Sharing

In this paper, we introduce a new efficient technique allowing to render an off-line e-cash system traceable without need to a trusted party. The main idea is the use of the publicly verifiable secret sharing technique in order to revoke the anonymity of double spending users. The anonymity of honest users is still provided. Security analysis shows that the proposed technique does not undermine...

Electronic payment systems

Electronic payment systems

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2.3.6 Electronic Payment Systems

With the development of digital rights management systems, new commercial applications for the trade with digital goods will be introduced, and new information services will be provided. As digital goods or services can be delivered over networks, it is also desired that they can immediately be paid electronically. Thus, it is assumed that the trade with digital goods stimulates the deployment ...

Electronic Payment Systems

As business is moving from face-to-face trading, mail order, and telephone order to electronic commerce over open networks such as the Internet, crucial security issues are being raised. Whereas Electronic Funds Transfer over financial networks is reasonably secure, securing payments over open networks connecting commercial servers and consumer workstations poses challenges of a new dimension. ...