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An Atomicity-Generating Layer for Anonymous Currencies

Research and Teaching Output of the MIT Community

Show simple item record Camp, L. Jean 2002-07-22T17:12:49Z 2002-07-22T17:12:49Z 2002-07-22T17:12:50Z
dc.description.abstract Atomicity is a necessary element for reliable transactions (Financial Service Technology Consortium, 1995; Camp, Sirbu and Tygar, 1995; Tygar, 1996). Anonymity is also an issue of great importance not only to designers of commerce systems, (Chaum, 1982; Chaum, 1989; Chaum, Fiat & Naor, 1988; Medvinski, 1993), but also to those concerned with the societal effects of information technologies (Branscomb 1994. Compaine 1985, National Research Council 1996, Neumann 1993, Poole 1983). Yet there has been a tradeoff between these two elements in commerce system design. Reliable systems, which provide highly atomic transactions, offer limited anonymity (Visa, 1995; Sirbu and Tygar, 1995; Mastercard, 1995, Low, Maxemchuk and Paul, 1993) . Anonymous systems (Chaum, 1985; Chaum 1989; Medvinski, 1993) do not offer reliable transactions as shown in Yee, 1994; Camp, 1999; and Tygar, 1996. This work illustrates that any electronic token currency can be made reliable with the addition of this atomicity-generating layer. en
dc.description.sponsorship IBM en
dc.format.extent 37607 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.subject anonymity en
dc.subject currencies en
dc.subject electronic token currency en
dc.subject atomicity en
dc.title An Atomicity-Generating Layer for Anonymous Currencies en

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