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Efficient fair offline divisible E-cash scheme

Zhang Qishan

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Abstract

A new efficient offline divisible E-cash scheme is presented, which aims to enhance the efficiency of divisibility of E-cash on the basis of fairness. The fairness of E-cash is realized by using the restrictive signature scheme so that the bank can revoke the anonymity of E-cash when needed with the help of the trusted third party. And its divisibility is implemented by signing all the monetary amounts of E-cash with only one pair of keys in order to reduce the complexity and computation of the scheme as well as to strengthen its security. The result of analysis indicates it is secure and efficient.

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What this paper is about

A new efficient offline divisible E-cash scheme is presented, which aims to enhance the efficiency of divisibility of E-cash on the basis of fairness. The fairness of E-cash is realized by using the restrictive signature scheme so that the bank can revoke the anonymity of E-cash when needed with the help of the trusted third party. And its divisibility is implemented by signing all the monetary amounts of E-cash with only one pair of keys in order to reduce the complexity and computation of the scheme as well as to strengthen its security. The result of analysis indicates it is secure and efficient.

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Available abstract

A new efficient offline divisible E-cash scheme is presented, which aims to enhance the efficiency of divisibility of E-cash on the basis of fairness. The fairness of E-cash is realized by using the restrictive signature scheme so that the bank can revoke the anonymity of E-cash when needed with the help of the trusted third party. And its divisibility is implemented by signing all the monetary amounts of E-cash with only one pair of keys in order to reduce the complexity and computation of the scheme as well as to strengthen its security. The result of analysis indicates it is secure and efficient.

Key concepts: Divisibility rule, Computer science, Anonymity, Scheme (mathematics), Computer security, Cash, Digital signature, Electronic cash

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