This paper proposes an electronic retail payment system to provide flexible and efficient funds transfers with adequate security, reliability, circulativity, and anonymity even in large-scale applications. Funds are represented by a portable intelligent device called a card issued by a supervising organization, the system provider. Funds can be transferred from a card to another at an intelligent terminal called a mediator. To update the balance of each card, two digital signatures are generated by a three-party protocol conducted by the cards and mediator, and are encoded and appended to a write-once separate memory in the card. Old signatures are simultaneously nullified. Through a wired or radio non-real-time link, the generated signatures are periodically reported to the system provider to systemically manage possible abuses.
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Tsutomu MATSUMOTO, "An Electronic Retail Payment System with Distributed Control--A Conceptual Design--" in IEICE TRANSACTIONS on Fundamentals,
vol. E78-A, no. 1, pp. 67-76, January 1995, doi: .
Abstract: This paper proposes an electronic retail payment system to provide flexible and efficient funds transfers with adequate security, reliability, circulativity, and anonymity even in large-scale applications. Funds are represented by a portable intelligent device called a card issued by a supervising organization, the system provider. Funds can be transferred from a card to another at an intelligent terminal called a mediator. To update the balance of each card, two digital signatures are generated by a three-party protocol conducted by the cards and mediator, and are encoded and appended to a write-once separate memory in the card. Old signatures are simultaneously nullified. Through a wired or radio non-real-time link, the generated signatures are periodically reported to the system provider to systemically manage possible abuses.
URL: https://global.ieice.org/en_transactions/fundamentals/10.1587/e78-a_1_67/_p
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@ARTICLE{e78-a_1_67,
author={Tsutomu MATSUMOTO, },
journal={IEICE TRANSACTIONS on Fundamentals},
title={An Electronic Retail Payment System with Distributed Control--A Conceptual Design--},
year={1995},
volume={E78-A},
number={1},
pages={67-76},
abstract={This paper proposes an electronic retail payment system to provide flexible and efficient funds transfers with adequate security, reliability, circulativity, and anonymity even in large-scale applications. Funds are represented by a portable intelligent device called a card issued by a supervising organization, the system provider. Funds can be transferred from a card to another at an intelligent terminal called a mediator. To update the balance of each card, two digital signatures are generated by a three-party protocol conducted by the cards and mediator, and are encoded and appended to a write-once separate memory in the card. Old signatures are simultaneously nullified. Through a wired or radio non-real-time link, the generated signatures are periodically reported to the system provider to systemically manage possible abuses.},
keywords={},
doi={},
ISSN={},
month={January},}
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TY - JOUR
TI - An Electronic Retail Payment System with Distributed Control--A Conceptual Design--
T2 - IEICE TRANSACTIONS on Fundamentals
SP - 67
EP - 76
AU - Tsutomu MATSUMOTO
PY - 1995
DO -
JO - IEICE TRANSACTIONS on Fundamentals
SN -
VL - E78-A
IS - 1
JA - IEICE TRANSACTIONS on Fundamentals
Y1 - January 1995
AB - This paper proposes an electronic retail payment system to provide flexible and efficient funds transfers with adequate security, reliability, circulativity, and anonymity even in large-scale applications. Funds are represented by a portable intelligent device called a card issued by a supervising organization, the system provider. Funds can be transferred from a card to another at an intelligent terminal called a mediator. To update the balance of each card, two digital signatures are generated by a three-party protocol conducted by the cards and mediator, and are encoded and appended to a write-once separate memory in the card. Old signatures are simultaneously nullified. Through a wired or radio non-real-time link, the generated signatures are periodically reported to the system provider to systemically manage possible abuses.
ER -