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A Protocol for Untraceable Electronic Cash

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Web-Age Information Management (WAIM 2000)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 1846))

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Abstract

In this paper we develop a new protocol for untraceable electronic cash, in which the bank involvement in the payment transaction between a user and a receiver is eliminated. The user withdraws electronic “coins“ from the bank and uses them to pay to a receiver. The receiver subsequently deposits the coins back to the bank. In the process the user remains anonymous, unless she spends a single coin more than once (double spend). The security of the system is based on DLA (Discrete Logarithm Assumption) and the cut-and-choose methodology.

The first author now is a visiting scholar at University of Southern Queensland in Australia from University of Info. Engeering, China

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© 2000 Springer-Verlag Berlin Heidelberg

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Wang, H., Zhang, Y. (2000). A Protocol for Untraceable Electronic Cash. In: Lu, H., Zhou, A. (eds) Web-Age Information Management. WAIM 2000. Lecture Notes in Computer Science, vol 1846. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-45151-X_18

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  • DOI: https://doi.org/10.1007/3-540-45151-X_18

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-67627-0

  • Online ISBN: 978-3-540-45151-8

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