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Fair exchange protocols with anonymity and non-repudiation for payments
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The integration of electronic transactions throughout the spectrum of business and our individual daily activities is undeniably widespread. The shift from the standard bricks-and-mortar environment with point of sale (POS) transactions to the virtual, electronic, card-not-present (CNP) environment have expanded the attack surface and created the need for higher security in transactions. This report looks in detail at two key principles necessary for secure payments: fair exchange and non-repudiation for the participants.
Table Of Contents
- The magnitude of payment protocols
- Evolution of fair-exchange protocols
- The Netbill protocol
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