[3754] in WWW Security List Archive

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Re: anonymous e-cash

daemon@ATHENA.MIT.EDU (John.Clayton@ISD01.scotoff.gov.uk)
Mon Dec 9 10:24:54 1996

From: John.Clayton@ISD01.scotoff.gov.uk
Date: Mon, 9 Dec 96 13:07:00 +0000
TO: www-security@ns2.rutgers.edu
Errors-To: owner-www-security@ns2.rutgers.edu

owner-www-security:
> 
> I work for a bank, and I am doing independent research at ASU.
> I am trying to come up to speed on Web security issues.  After
> many long hours of reading definitions etc., I am confused by
> the Internet Payment ads that describe e-cash as "totally anonymous."
> 
> QUESTION:  How can a sender be totally anonymous to the receiver,
> especially when the receiver needs to return a response?  The
> "note" can be disguised with blinding, but how can the sender's
> IP address be disguised?
> -- 

How will this work with Smart Cards? When in the future I use a smart 
card in a vending machine (aka network computer) will the vending machine 
itself validate the transaction, or will the network 'see' my card. 
Presumably I could also have a 'Dumb' Card, which had a cash value and 
nothing more and was totally anonymous - though don't we have that 
already and call it cash? ;-)

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