A New Electronic Cash Model

- With the development of e-commerce, choosing a proper electronic payment method has become more and more important. Competing with other payment methods on the Internet, electronic cash has much more attractive properties, such as anonymity and off-line payment, and is generally considered as an ideal electronic payment method. However, the traceability of the customer or the cash in case of double-spending or other disputes is always a difficult problem to solve. In this paper, we will focus on the problem of traceability in the electronic cash model. We propose a new electronic cash model based on group signature. In our model, traceability can be easily realized using the special property of the group signature.

• Type: Conference
• Year: 2005
• Where: ITCC
• Authors: Xiaosong Hou, Chik How Tan
• Keywords: Electronic Cash, Electronic Cash Model, Electronic Payment Method, Information Technology, ITCC 2005