A practical anonymous payment scheme for electronic commerce

We propose a practical anonymous payment scheme with anonymous accounts. By means of our proposed scheme, the size of a bank's database is dramatically reduced. Also, the issue of e-coins for an anonymous account is controlled by several issuers, who represent a bank and who can be chosen by th...

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Bibliographic Details
Published in:Computers & mathematics with applications (1987) 2003-12, Vol.46 (12), p.1787-1798
Main Author: Juang, Wen-Shenq
Format: Article
Language:English
Subjects:
Anonymous accounts
Electronic commerce
Payment scheme
Privacy and security
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Summary:We propose a practical anonymous payment scheme with anonymous accounts. By means of our proposed scheme, the size of a bank's database is dramatically reduced. Also, the issue of e-coins for an anonymous account is controlled by several issuers, who represent a bank and who can be chosen by the customer or assigned by the system, on the current available issuers list according to the internet conditions. Our scheme does not require the assistance of a mutually entrusted third party.
ISSN:0898-1221
1873-7668
DOI:10.1016/S0898-1221(03)90237-9