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Author: Admin | 2025-04-28

Money and evadingtaxes that is difficult to combat without resorting to escrow mechanisms.Anonymity can be provided at varying levels, but increasing the level ofanonymity also increases the potential damages. It is necessary to weighthe need for anonymity with these concerns. It may well be concluded thatthese problems are best avoided by using a secure electronic payment systemthat provides privacy, but not anonymity. REFERENCES1. Stefan Brands, Untraceable Off-Line Cash in Wallets with Observers,Advances in Cryptology CRYPTO '93, Springer-Verlag, pp. 302-318.2. David Chaum, Achieving Electronic Privacy, Scientific American(August 1992), 96-101.3. David Chaum, Security without Identification: Transaction Systems tomake Big Brother Obsolete, ACM 28 no. 10 (Oct 1985), 1030-1044.4. David Chaum, Amos Fiat, and Moni Naor, Untraceable Electronic Cash,Advances in Cryptology CRYPTO '88, Springer-Verlag, pp. 319-327.5. David Chaum and Torben Pedersen, Transferred Cash Grows in Size,Advances in Cryptology - EUROCRYPT '92, Springer-Verlag, pp. 390-407.6. David Chaum and Torben Pedersen, Wallet Databases with Observers,Advances in Cryptology CRYPTO '92, Springer-Verlag, pp. 89-105.7. Tony Eng and Tatsuaki Okamoto, Single-Term Divisible ElectronicCoins, Advances in Cryptology EUROCRYPT '94, Springer-Verlag, pp. 311-323.8. Niels Ferguson, Extensions of Single-term Coins, Advances in Cryptology- CRYPTO '93, Springer-Verlag, pp. 292-301.9. Niels Ferguson, Single Term Off-Line Coins, Advances in Cryptology- EUROCRYPT '93, Springer-Verlag, pp. 318-328.10. Alfred J. Menezes, Elliptic Curve Public Key Cryptosystems, KluwerAcademic Publishers, Boston, 1993.11. Tatsuaki Okamoto, An Efficient Divisible Electronic Cash Scheme,Advances in Cryptology - CRYPTO '95, Springer-Verlag, pp. 438-451.12. Tatsuaki Okamoto and Kazuo Ohta, Universal Electronic Cash, Advancesin Cryptology - CRYPTO '91, Springer-Verlag, pp. 324-337.13. Sebastiaan von Solms and David

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