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Public verification of quantum money has been one of the central objects in quantum cryptography ever since Wiesner's pioneering idea of using quantum mechanics to construct banknotes against counterfeiting. So far, we do not know any…

Cryptography and Security · Computer Science 2023-01-03 Jiahui Liu , Hart Montgomery , Mark Zhandry

A quantum money scheme enables a trusted bank to provide untrusted users with verifiable quantum banknotes that cannot be forged. In this work, we report an experimental demonstration of the preparation and verification of unforgeable…

In this work we present a publicly verifiable quantum money protocol which assumes close to no quantum computational capabilities. We rely on one-time memories which in turn can be built from quantum conjugate coding and hardware-based…

Quantum Physics · Physics 2026-03-16 Fabrizio Genovese , Lev Stambler

The seminal idea of quantum money not forgeable due to laws of Quantum Mechanics proposed by Stephen Wiesner, has laid foundations for the Quantum Information Theory in early '70s. Recently, several other schemes for quantum currencies have…

Quantum Physics · Physics 2020-02-07 Karol Horodecki , Maciej Stankiewicz

Public key quantum money can be seen as a version of the quantum no-cloning theorem that holds even when the quantum states can be verified by the adversary. In this work, investigate quantum lightning, a formalization of "collision-free…

Cryptography and Security · Computer Science 2017-11-16 Mark Zhandry

Bitcoin is a digital currency and payment system based on classical cryptographic technologies which works without a central administrator such as in traditional currencies. It has long been questioned what the impact of quantum computing…

Quantum Physics · Physics 2018-01-10 Louis Tessler , Tim Byrnes

We propose a quantum key distribution protocol with quantum based user authentication. Our protocol is the first one in which users can authenticate each other without previously shared secret and then securely distribute a key where the…

Quantum Physics · Physics 2007-05-23 Hwayean Lee , Jongin Lim , HyungJin Yang

Forty years ago, Wiesner proposed using quantum states to create money that is physically impossible to counterfeit, something that cannot be done in the classical world. However, Wiesner's scheme required a central bank to verify the…

Quantum Physics · Physics 2016-11-15 Scott Aaronson

A new quantum cryptography protocol, based on all unselected states of a qubit as a sort of alphabet with continuous set of letters, is proposed. Its effectiveness is calculated and shown to be essentially higher than those of the other…

Quantum Physics · Physics 2007-05-23 D. V. Sych , B. A. Grishanin , V. N. Zadkov

Classical and quantum information are very different. Together they can perform feats that neither could achieve alone, such as quantum computing, quantum cryptography and quantum teleportation. Some of the applications range from helping…

Quantum Physics · Physics 2007-05-23 Gilles Brassard

Two of the most important technological advancements currently underway are the advent of quantum technologies, and the transitioning of global financial systems towards cryptographic assets, notably blockchain-based cryptocurrencies and…

Pricing of Securities · Quantitative Finance 2021-02-02 Peter P. Rohde , Vijay Mohan , Sinclair Davidson , Chris Berg , Darcy Allen , Gavin K. Brennen , Jason Potts

Recent development in quantum computation and quantum information theory allows to extend the scope of game theory for the quantum world. The authors have recently proposed a quantum description of financial market in terms of quantum game…

Quantum Physics · Physics 2007-05-23 Edward W. Piotrowski , Jan Sladkowski

We put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract is a functionality that allows…

Quantum Physics · Physics 2020-07-22 Andrea Coladangelo , Or Sattath

Quantum cryptography exploits principles of quantum physics for the secure processing of information. A prominent example is secure communication, i.e., the task of transmitting confidential messages from one location to another. The…

Quantum Physics · Physics 2022-07-13 Christopher Portmann , Renato Renner

Based on quantum encryption, we present a new idea for quantum public-key cryptography (QPKC) and construct a whole theoretical framework of a QPKC system. We show that the quantum-mechanical nature renders it feasible and reasonable to use…

Quantum Physics · Physics 2009-12-23 Fei Gao , Qiao-Yan Wen , Su-Juan Qin , Fu-Chen Zhu

A secure quantum identification system combining a classical identification procedure and quantum key distribution is proposed. Each identification sequence is always used just once and new sequences are ``refuelled'' from a shared provably…

Quantum Physics · Physics 2009-10-31 Miloslav Dusek , Ondrej Haderka , Martin Hendrych , Robert Myska

A fully homomorphic encryption system hides data from unauthorized parties, while still allowing them to perform computations on the encrypted data. Aside from the straightforward benefit of allowing users to delegate computations to a more…

Quantum-mechanical devices have the potential to transform cryptography. Most research in this area has focused either on the information-theoretic advantages of quantum protocols or on the security of classical cryptographic schemes…

We present a new idea for a class of public key quantum money protocols where the bills are joint eigenstates of systems of commuting unitary operators. We show that this system is secure against black box attacks, and propose an…

Quantum Physics · Physics 2018-10-18 Daniel M. Kane

Cryptography literally means "The art & science of secret writing & sending a message between two parties in such a way that its contents cannot be understood by someone other than the intended recipient". and Quantum word is related with…

Networking and Internet Architecture · Computer Science 2010-07-15 Aditya Goel