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An improvement of the digital cash protocol of Okamoto and Ohta

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Book cover Algorithms and Computation (ISAAC 1996)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 1178))

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Abstract

Okamoto and Ohta [OO91, OO93] proposed a digital cash protocol and showed that it satisfies some useful properties for digital cash as well as basic requirements such as security. One of its features is “divisibility”; i.e., a property that enables us to subdivide a piece of given digital cash into several pieces of smaller value. There is, however, some problem in their implementation of this feature: the amount of data transfer per payment may increase depending on the amount of the payment and how the coins have been used. Here we propose a new protocol by which we can fix the amount of data transfer per payment, which is much smaller than the average amount necessary in Okamoto-Ohta protocol.

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Tetsuo Asano Yoshihide Igarashi Hiroshi Nagamochi Satoru Miyano Subhash Suri

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© 1996 Springer-Verlag Berlin Heidelberg

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Watanabe, O., Yamashita, O. (1996). An improvement of the digital cash protocol of Okamoto and Ohta. In: Asano, T., Igarashi, Y., Nagamochi, H., Miyano, S., Suri, S. (eds) Algorithms and Computation. ISAAC 1996. Lecture Notes in Computer Science, vol 1178. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0009520

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  • DOI: https://doi.org/10.1007/BFb0009520

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-62048-8

  • Online ISBN: 978-3-540-49633-5

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