I thought people would be interested in this.... Hope not too many copies get forwarded here.. ;-) -derek ------- Forwarded Message Date: Tue, 17 Aug 93 09:21:20 PDT From: ari@ISI.EDU Posted-Date: Tue, 17 Aug 93 09:21:20 PDT To: ietf-aac@ISI.EDU, imp-interest@thumper.bellcore.com, kerberos@MIT.EDU Subject: New paper on electronic currency A new paper on electronic currency to appear in the 1st ACM Conference on Computer and Communications Security, Nov. 93 is now available via anonymous FTP from PROSPERO.ISI.EDU as /pub/papers/security/netcash-cccs93.ps.Z NetCash: A design for practical electronic currency on the Internet Gennady Medvinsky and Clifford Neuman NetCash is a framework that supports realtime electronic payments with provision of anonymity over an unsecure network. It is designed to enable new types of services on the Internet which have not been practical to date because of the absence of a secure, scalable, potentially anonymous payment method. NetCash strikes a balance between unconditionally anonymous electronic currency, and signed instruments analogous to checks that are more scalable but identify the principals in a transaction. It does this by providing the framework within which proposed electronic currency protocols can be integrated with the scalable, but non-anonymous, electronic banking infrastructure that has been proposed for routine transactions. ------- End of Forwarded Message