• DocumentCode
    3563840
  • Title

    Improved Cryptographic protocol for digital coin exchange

  • Author

    Ogiela, Marek R. ; Sulkowski, Piotr

  • Author_Institution
    Dept. of Automatics & Biomed. Eng., AGH Univ. of Sci. & Technol., Krakow, Poland
  • fYear
    2014
  • Firstpage
    1148
  • Lastpage
    1151
  • Abstract
    In this paper we describe a serious vulnerability of the well-known protocol for exchange of anonymous currency by David Chaum. The weakness of the system consists in the possibility of spending an electronic coin more than once, which can lead to the serious frauds by both the client and the seller. What is more, the system cannot determine the right number of transactions, which were made and the bank is not able to charge the real abuser.
  • Keywords
    bank data processing; cryptographic protocols; anonymous currency; cryptographic protocol; digital coin exchange; electronic coin; Cryptography; Databases; Digital signatures; Educational institutions; Online banking; Protocols; cryptographic algorithms; digital cash; electronic transactions; financial systems;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Soft Computing and Intelligent Systems (SCIS), 2014 Joint 7th International Conference on and Advanced Intelligent Systems (ISIS), 15th International Symposium on
  • Type

    conf

  • DOI
    10.1109/SCIS-ISIS.2014.7044796
  • Filename
    7044796