PPT Slide
(Security, Anonymity, Ease of Use, Ease of Processing)
* All protocols use Digital Signatures as a Foundation
If fraud does occur, the bank would be able to track the guilty party now. The customer is forced to reveal half of his identity each time the bill is used. When merchants return the bill to the bank for money, the bank can check to see if there’s a match, if so then it’s double spending, and the Feds are call in!