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M - Technische Universität Dresden

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Security properties of digital payment systems<br />

digital<br />

Payment system is secure if<br />

(integrity, availability)<br />

• user can transfer the rights received,<br />

• user can loose a right only if he is willing to,<br />

via communication network<br />

immaterial, digital<br />

• if a user who is willing to pay uniquely denotes another user as recipient,<br />

only this entity receives the right,<br />

• user can prove transfers of rights to a third party if necessary<br />

(receipt problem), and<br />

• the users cannot increase their rights even if they collaborate. ,<br />

without the committer being identified.<br />

Problem: messages can be copied perfectly<br />

Solution: witness accepts only the first (copy of a) message<br />

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