Quantum Money

Functionality Description


Quantum Money is a quantum cryptographic scheme that was first introduced by Wiesner [1] in 1983. Informally, the quantum money object is a unique (e.g. has a public classical serial number) and unforgeable (e.g. unclonable) physical object that is created by a third party called Mint (that could be trusted or not trusted). Then, it is circulated among potentially untrusted parties, Holder, who might attempt to forge it for double spending. However a Merchant, upon receiving it, should be able to verify the money has not been forged and originated from Mint. There are various verification schemes based on different types of communication and types of key encryption used by Mint (see Protocols acheck).

Protocols


No protocols implement this functionality yet.

Classical Analogues


No content has been added to this section, yet!

Real-world Use Cases


  • Cross-platform finance. acheck
  • Toward regulation for security and privacy. acheck

Properties


  • A QMoney scheme isย correctย if an original quantum money issued by Mint is accepted by Bank with unit probability.
  • A QMoney scheme is information-theoretically (resp. computationally)ย secureย if no adversarial holder with unlimited (resp. computational) power can pass verification with different Merchants or Banks at the same time with high probability.
  • A QMoney isย reusableย if an honest Holder can pass verification with different Merchants or Banks at different times.

Further Information


No content has been added to this section, yet!

References


  1. Wiesner, Stephen. โ€œConjugate coding.โ€ย ACM Sigact Newsย 15, no. 1 (1983): 78-88.

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