Anonymous Communication and Anonymous Cash

  • Authors:
  • Daniel R. Simon

  • Affiliations:
  • -

  • Venue:
  • CRYPTO '96 Proceedings of the 16th Annual International Cryptology Conference on Advances in Cryptology
  • Year:
  • 1996

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Abstract

We propose considering the problem of electronic cash in the context of a network in which anonymous, untraceable communication is assumed to be possible. We present a formal model for such a network, and define security criteria for an electronic cash system in such a setting. Finally, we show that there exists a remarkably simple electrortic cash system which meets the security criteria of the proposed model.