FairCASH: Concepts and Framework

This paper presents the framework for a true digital cash based payment system. The significant difference of this system as compared with previous system is that the value token is transferable among the users. This is achieved by using a tamper-resistant hardware to protect the value token. As a consequence of non-existing tamper-proof hardware, various measures are built into the system to detect and isolate fraud.

[1]  Berry Schoenmakers.  Security aspects of the Ecash payment system , 1998 .

[2]  Amos Fiat,et al.  Untraceable Electronic Cash , 1990, CRYPTO.

[3]  Berry Schoenmakers,et al.  Security Aspects of the EcashTM Payment System , 1997, State of the Art in Applied Cryptography.

[4]  Ricardo Dahab,et al.  A scheme for analyzing electronic payment systems , 1998, Proceedings 14th Annual Computer Security Applications Conference (Cat. No.98EX217).