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Multiple-Use Transferable E-Cash

by Pratik Sarkar
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 77 - Number 6
Year of Publication: 2013
Authors: Pratik Sarkar
10.5120/13402-1048

Pratik Sarkar . Multiple-Use Transferable E-Cash. International Journal of Computer Applications. 77, 6 ( September 2013), 35-38. DOI=10.5120/13402-1048

@article{ 10.5120/13402-1048,
author = { Pratik Sarkar },
title = { Multiple-Use Transferable E-Cash },
journal = { International Journal of Computer Applications },
issue_date = { September 2013 },
volume = { 77 },
number = { 6 },
month = { September },
year = { 2013 },
issn = { 0975-8887 },
pages = { 35-38 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume77/number6/13402-1048/ },
doi = { 10.5120/13402-1048 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:49:36.320771+05:30
%A Pratik Sarkar
%T Multiple-Use Transferable E-Cash
%J International Journal of Computer Applications
%@ 0975-8887
%V 77
%N 6
%P 35-38
%D 2013
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Ecash is a concept of electronic cash which would allow users to carry money in form of digital coins. Transaction can be done both offline and online in absence of a third party/financial institution. This paper proposes an offline model which supports multiple usage of transferable ecoin. The protocol is based on RSA, digital signature and a two-step encryption process. In this two step encryption, the user account details are encrypted in the coin using unique numbers in each step. The first encryption takes place during the successful receipt of the coin, where a receive end number is used for encryption,which is unique for every receipt. The second step of encryption takes place during successful spending of the coin,where a spending end receive number is used for encryption, which is unique for every spending of the coin. These two unique numbers comprise the major part of encryption in this model, prevents double spending and preserves user anonymity

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Index Terms

Computer Science
Information Sciences

Keywords

Multiple-Use Transferable

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