Untraceable electronic cash

Cryptography – Particular algorithmic function encoding – Nbs/des algorithm

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380 23, 380 25, 380 30, 380 49, H04L 900, H04L 930

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057683859

ABSTRACT:
An electronic cash protocol including the steps of using a one-way function f.sub.1 (x) to generate an image f.sub.1 (x.sub.1) from a preimage x.sub.1 ; sending the image f.sub.1 (x.sub.1) in an unblinded form to a second party; and receiving from the second party a note including a digital signature, wherein the note represents a commitment by the second party to credit a predetermined amount of money to a first presenter of the preimage x.sub.1 to the second party.

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