Digital Cash

نویسنده

  • Guilin Wang
چکیده

Money is important for us since we can use it to purchase the desired goods and services in a convenient and anonymous way. However, carrying paper cash may be a little annoying sometimes, since the paper cash could be stolen by thieves and become a media for bacteria. So, using the existing cryptographic tools and security measures, can we replace paper cash with digital cash? In this lecture, we will discuss this topic. Digital cash refers to an format of electronic data that mimic the functionalities of paper cash, such as anonymity and transferability. Basically, digital cash is supposed to be stored, transferred, paid, and verified electronically via use of different digital devices (computers, mobile phones etc.) and computer networks, like the Internet. As you know, some forms of money are already in digital formats.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

On the Costs of Bitcoin Connectivity

David Chaum proposed the idea of digital cash over three decades ago [6], back in 1982. It used novel cryptographic constructs to imbue electronic transactions with the anonymity of physical cash, to ensure that digital cash could only be created by banks [7], and to prevent individuals from spending the same digital cash more than once [8]. Over the years, thousands of academic papers have bee...

متن کامل

Countermeasures against Government-Scale Monetary Forgery

Physical cash is vulnerable to rising threats, such as large-scale, government-mandated forgeries, that digital cash may protect against more effectively. We study mechanisms to combine physical cash with digital cash to remove their respective shortcomings and obtain their combined advantages. We discuss initial mechanisms and examine their cost and benefit trade-offs.

متن کامل

Monetary Transactions in E-commerce Using Smart Cards

For years now, there has been a lot of excitement about using digital cash for purchases of goods and services. In fact, studies in Briton indicate that two out of every three individuals would rather carry one card for every purchase as opposed to carrying cash (9). Additionally, there is tremendous interest in using digital cash for purchases via the World Wide Web instead of other common tra...

متن کامل

Monetary Forgery in the Digital Age: Will Physical-Digital Cash Be a Solution?1 N ICOLAS CHRISTIN2, ALESSANDRO ACQUISTI3, BRYAN

Despite cryptographic breakthroughs in the area of digital cash and the rapid advance of information technology, physical cash remains the dominant currency: it is easy to use and its exchanges are largely independent of computing devices. However, physical cash is vulnerable to rising threats such as high quality, government-mandated forgeries. Can a hybrid of physical and digital cash protect...

متن کامل

Digital Cash Payment Systems

The recent explosion in the popularity of the Internet has been accompanied by considerable interest in using this worldwide collection of interconnected computers as a medium for commerce. While electronic commerce in general is not itself a novel concept, the dizzying pace of change in the computer networking landscape of late promises to bring with it exciting new ways for individuals and co...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2008