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Topic: micropayment systems

topics > Group: organizations



Topic:
accounting
Topic:
encryption
Topic:
one-way hash function
Subtopic: micropayment using cyrptographic tokens up

Quote: cryptographic micropayment system for electricity meters; many users, low overhead, robust [»andeRJ5_1996]
Quote: used 20-digit cryptographic tokens; provides man-machine interface between customer and electricity meter [»andeRJ5_1996]
Quote: Millicent protocol for low cost purchase over the Internet; scrip stores the cash value of a customer account; new scrip issued as change [»glasS12_1995]

Subtopic: probabilistic protocol up

Quote: micropayments using a probabilistic deposit protocol; greatly reduces bank processing costs [»micaS2_2002]

Subtopic: key management up

Quote: key management was tricky; used a secure processor in a credit control hierarchy; refilling the processor's credit counter required a higher level transaction [»andeRJ5_1996]
Quote: on-line/off-line digital signatures are fast enough for micropayment schemes [»micaS2_2002]

Subtopic: usage vs. service up

Quote: a usage-based system such as Xanadu will make the best users pay the most [»samuP12_1991]

Subtopic: problems with micropayments up

Quote: no matter what is done, small mistakes with large consequences will still occur; prolonged field testing is necessary for a payment system
[»andeRJ5_1996]

Related Topics up

Topic: accounting (10 items)
Topic: encryption (45 items)
Topic: one-way hash function
(24 items)

Updated barberCB 3/06
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