• Title/Summary/Keyword: Electronic Cash System

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Electronic Cash Schemes for EFT Using Smart Card (스마트카드를 이용한 새로운 전자현금 방식)

  • Youm, Heung-Youl;Lee, Seok-Lae;Rhee Man-Young
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.5 no.1
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    • pp.37-50
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    • 1995
  • The smart card with the cryptography and VLSI technologies makes it possible to implement the electronic cash easily. A number of electronic each schemes have been proposed by many cryptographic researchers. In this paper, we propose a practical electronic cash system, using blind digital signature scheme. Schnorr's authentication scheme based on the discrete logarithm problem, and the hierarchical cash tree based on two one-way hash functions for dividable payment. Thisf electronic cash scheme has such properties as privacy of the payment, off-line payment, non-reuseability of cash, transferability of cash to another customer, and dividable payment of cash. This electronic cash protocol is well suited for implementing in smart card.

New Offline Electronic Cash using Hash Chain (해쉬체인을 이용한 새로운 오프라인 전자화폐)

  • 김상진;오희국
    • Journal of KIISE:Information Networking
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    • v.30 no.2
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    • pp.207-221
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    • 2003
  • A hash chain is highly efficient, attractive structure to use in electronic cash. Previous systems using hash chain were, however, either credit-based vendor-specific cash or debit-based general-purpose cash which lacks efficiency due to double spending problem. In this paper, we propose a new divisible cash system using hash chain. This newly proposed cash is general-purpose, debit-based, anonymous, and offline. The efficiency of the system results from its capacity to pay variable amounts with no additional costs. A client always performs a single blind signature in the withdrawal phase, independent of the length of the chain. During payment, a client performs a single challenge-and-response or generates a single signature, independent of the amount paid. This system provides a new refund mechanism, which uses a refund ticket, that allows clients to refund the unspent part of the chain without revealing any connection to the spent part.

A Study of design Asyn communication eletronic cash protocol and system using PSTN/leased line (PSTN/전용선을 이용한 비동기 통신방식의 전자지불 프로토콜과 시스템 설계연구)

  • Kim, Whi-Young
    • Proceedings of the Korea Information Processing Society Conference
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    • 2002.04b
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    • pp.1563-1566
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    • 2002
  • The increase of vehicles stagnations leads to the increasing attention to the way customers pay and a large number of projects on electronic cash system. Tranport system is comprised of a number of advanced technologies, including information processing, communications, control, and electronics. Recently many research on a system which provides contact in order to protect driver is vehicle passage have been carried out. And some potential problems from that system are being reviewed by electronic cash system. In this papers, we suggest RF protocol developing technology using the concept of electronic cash. ATM electronic cash developing is consist of component of pre-developed coin throw, integration of component using its, and production of more requirement-satisfactory ITS solution. Result increase $15{\sim}40%$ pre-type vehicles stagnations. Especially, we expect this proposed concept would be well adapted to our national environments.

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Design of a Secure Electronic Cash System based on Fair Blind Signature Algorithm

  • Lee, Hyun-Ju;Park, Mun-Suk
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2003.05a
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    • pp.824-827
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    • 2003
  • With a rapid development of Information Telecommunication technique, network communication environment has been greatly improved. People come to feel more convinient to purchase products through Internet. Accordingly, various kinds of electronic payment systems have been developed and used. In this paper, we propose an algorithm which not only can associate the broker system with an electronic cash user, but also regenerate all amount of money previously paid using technique such as Meta-Message recovery and a RSA Blind Signature based on discrete logarithm problem.

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Design of traceable Electronic Cash System based on Feige-Fiat-Shamir blind digital signature (Feige-Fiat-Shamir 은닉전자서명에 기반한 추적 가능한 전자화폐 시스템의 설계)

  • 박왕석;박창섭
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.11 no.3
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    • pp.33-44
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    • 2001
  • E-commerce has various advantages such as saving the cost and no constraint on time and space, unlike real-world commerce. On the other hand, e-commerce has some important issues to solve since the commerce is conducted on the cyberspace. The issues are a mutual confidence of parties participating in the commerce as well as a method of payments. On early days, electronic cash was designed using blind digital signature to protect the personal information from being exposed and to provide the perfect anonymity for user. In this paper, a new blind signature scheme based on Feige-Fiat-Shamir digital signature is proposed, which is very efficient compared with the other schemes in terms of the computational complexity. Also, a traceable Electronic Cash System which is based on the proposed blind digital signature is designed, which has a nice feature of identifying the spender in case of using the money illegally.

Implementation of an Integrated Access Control Rule Script Language and Graphical User Interface for Hybrid Firewalls (익명 통신로를 이용한 Escrow 전자화폐)

  • 김춘수;박춘식;전희종
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.9 no.1
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    • pp.29-46
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    • 1999
  • Most of the previous researches for the electronic cash system guarantee unconditional untraceability for the purpose of individual privacy. Such untraceable electronic cash system that only focuses on untraceability, however, has side effect such as money laundering, criminal activities. We present a escrow cash model using anonymous channel that supports not only untaceability but also crime prevention, and prove the efficiency of our scheme relative to previous escrow cash systems.

An Anonymity Control Electronic Cash System with Divisible using KCDSA (KCDSA를 이용한 분할성 기능을 가진 익명성 제어 전자화폐 시스템)

  • Jang, Seok-Cheol;Lee, Im-Yeong
    • The KIPS Transactions:PartC
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    • v.8C no.6
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    • pp.757-764
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    • 2001
  • The increase of electronic commerce leads to the increasing attention to the way customers pay and a large number of researches on payment system. Recently many researches on a system which provides anonymity in order to protect user\`s privacy have been carried out. And some potential problems from that system are being reviewed by anonymity control system. This thesis will include the following. First, I want to analyze the old scheme related to divisible and examine general ideas of anonymity control. Second, I propose a new blind signature in addition to KCDSA, the standard digital signature in Korea. The last one I want to propose is a new electronic cash system with the divisible for more efficient use of electronic cash which can control anonymity with the help of trustee.

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A Design and Implementation of a Network-type Electronic Payment System Optimized for Digital Goods (디지털 상품 거래를 위한 네트워크형 전자결재 시스템 설계 및 구현)

  • Han Jae-Kyun;Han Seung-Jo
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.8 no.7
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    • pp.1537-1545
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    • 2004
  • As the Internet continues to transform the commerce, the method of payment is one of critical components to conduct successful business across the internet. An electronic cash has all characteristics of traditional commodity cash and ensures security for all transactions. Accordingly an internet billing system based electronic cash is expected as the secure and efficient payment method in future electronic commerce. Digital Contents such as digital goods and services have the special characteristic that both the delivery of the goods and the transfer of money ran be accomplished on the same network. This allows the optimizations in the design of an electronic commerce system. In this paper, we propose an electronic payment protocol which is especially designed to purchase digital contents through internet. The proposed protocol guarantees anonymity by using a virtual ID, and minimizes payment processing steps.

Electronic Money and Payment System (전자화폐도입현황과 과제)

  • 박근수
    • The Journal of Information Technology
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    • v.4 no.2
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    • pp.155-174
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    • 2001
  • Dramatic changes are beginning to occur in payment system according to increase electronic commerce. and so electronic money as a new payment system are increase role in new and innovative systems. There are two type Electronic money as a IC card type and network-type. Advanced card technologies such as IC-card are playing an increasingly important role in new and Innovation system. The merit of IC-card are more capacity, more secure, more reliable, quick and easy to update, secure offline processing, enabling technology etc than magnetic stripe card. And so many countries began using experiment of IC- card and our country began October 13 in Cheju island. Then there are four types using-experiment (K-cash, VISA-cash, A-cash, MONDEX) in Korea. There are some problems such as standards, widely using, high cost, double investment etc. I think that important things in IC-card using is an international- standardizations and issuing corporation.

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A Study of design ATM communication RF IC electric reserve protocol and monitoring system using PSTN / leased line (PSTN/전용선을 이용한 ATM통신방식의 RF IC전자 지불프로토콜과 모니터링시스템 설계연구)

  • 김휘영
    • Journal of the Korea Computer Industry Society
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    • v.3 no.3
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    • pp.369-382
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    • 2002
  • The increase of vehicles stagnations leads to the increasing attention to the way customers pay and a large number of Projects on electronic cash system. Tranport system is comprised of a number of advanced technologies, including information processing, communications, control, and electronics. Recently many research on a system which provides contact in order to protect driver's vehicle passage have been carried out. And some potential problems from that system are being reviewed by electronic cash system. In this papers, we suggest RF protocol developing technology using the concept of electronic cash. ATM electronic cash developing is consist of component of pre-developed coin throw, integration of component using its, and production of more requirement-satisfactory ITS solution. Result increase 15-40% pre-type vehicles stagnations. Especially, we expect this proposed concept would be well adapted to our national environments.

  • PDF