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Related papers: Quantum E-Cheques

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We demonstrate the implementation of quantum cheque, proposed by Roy Moulick and Panigrahi [Quantum Inf. Process (2016) 15: 2475], using the five-qubit IBM quantum computer. Appropriate single qubit, CNOT and Fredkin gates have been…

Quantum Physics · Physics 2018-01-30 Bikash K. Behera , Anindita Banerjee , Prasanta K. Panigrahi

We propose the idea of a Quantum Cheque Scheme, a cryptographic protocol in which any legitimate client of a trusted bank can issue a cheque, that cannot be counterfeited or altered in anyway, and can be verified by a bank or any of its…

Quantum Physics · Physics 2022-10-20 Subhayan Roy Moulick , Prasanta K. Panigrahi

Publicly-verifiable quantum money has been a central and challenging goal in quantum cryptography. To this day, no constructions exist based on standard assumptions. In this study, we propose an alternative notion called quantum cheques…

Quantum Physics · Physics 2024-04-19 Mohammed Barhoush , Louis Salvail

While classical money can be copied, it is impossible to copy quantum money in principle, with only the bank that issues it knowing how to generate it, meaning only the bank can make exact copies. Not all reliable banks, such as central…

Quantum Physics · Physics 2022-05-20 Yuichi Sano

Research on quantum technology spans multiple disciplines: physics, computer science, engineering, and mathematics. The objective of this manuscript is to provide an accessible introduction to this emerging field for economists that is…

General Economics · Economics 2021-10-11 Isaiah Hull , Or Sattath , Eleni Diamanti , Göran Wendin

Quantum money represents an innovative approach to currency by encoding economic value within the quantum states of physical systems, utilizing the principles of quantum mechanics to enhance security, integrity, and transferability. This…

Quantum Physics · Physics 2025-07-15 Artur Czerwinski

Quantum money is a cryptographic protocol in which a mint can produce a quantum state, no one else can copy the state, and anyone (with a quantum computer) can verify that the state came from the mint. We present a concrete quantum money…

Quantum Physics · Physics 2010-04-30 Edward Farhi , David Gosset , Avinatan Hassidim , Andrew Lutomirski , Peter Shor

Quantum fingerprints are useful quantum encodings introduced by Buhrman, Cleve, Watrous, and de Wolf (Physical Review Letters, Volume 87, Number 16, Article 167902, 2001; quant-ph/0102001) in obtaining an efficient quantum communication…

Quantum Physics · Physics 2007-05-23 Andris Ambainis , Yaoyun Shi

Quantum computing has the power to break current cryptographic systems, disrupting online banking, shopping, data storage and communications. Quantum computing also has the power to support stronger more resistant technologies. In this…

Quantum Physics · Physics 2020-11-17 Hazel Murray , Jerry Horgan , Joao F. Santos , David Malone , Harun Siljak

One of the earliest cryptographic applications of quantum information was to create quantum digital cash that could not be counterfeited. In this paper, we describe a new type of quantum money: quantum coins, where all coins of the same…

Quantum Physics · Physics 2010-09-07 Michele Mosca , Douglas Stebila

A decentralized online quantum cash system, called qBitcoin, is given. We design the system which has great benefits of quantization in the following sense. Firstly, quantum teleportation technology is used for coin transaction, which…

General Finance · Quantitative Finance 2020-09-22 Kazuki Ikeda

The construction of public key quantum money based on standard cryptographic assumptions is a longstanding open question. Here we introduce franchised quantum money, an alternative form of quantum money that is easier to construct.…

Cryptography and Security · Computer Science 2021-10-20 Bhaskar Roberts , Mark Zhandry

Quantum signature (QS) is used to authenticate the identity of the originator, ensure data integrity and provide non-repudiation service with unconditional security. Depending on whether a trusted third party named arbitrator is involved or…

Quantum Physics · Physics 2015-06-15 Qin Li , Wai Hong Chan , Chunhui Wu , Zhonghua Wen

Quantum money allows a bank to mint quantum money states that can later be verified and cannot be forged. Usually, this requires a quantum communication infrastructure to transfer quantum states between the user and the bank. Gavinsky (CCC…

Quantum Physics · Physics 2020-10-21 Roy Radian , Or Sattath

E-commerce, a type of trading that occurs at a high frequency on the Internet, requires guaranteeing the integrity, authentication and non-repudiation of messages through long distance. As current e-commerce schemes are vulnerable to…

Quantum Physics · Physics 2024-01-17 Xiao-Yu Cao , Bing-Hong Li , Yang Wang , Yao Fu , Hua-Lei Yin , Zeng-Bing Chen

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…

Public-key quantum money is a cryptographic protocol in which a bank can create quantum states which anyone can verify but no one except possibly the bank can clone or forge. There are no secure public-key quantum money schemes in the…

A digital currency is money in a digital form. In this model, maintaining integrity of the supply is a core concern, therefore protections against double-spending are often at the heart of a secure digital money scheme. Quantum money…

Quantum Physics · Physics 2024-08-09 Anne Broadbent , Raza Ali Kazmi , Cyrus Minwalla

Quantum Key Exchange (QKE, also known as Quantum Key Distribution or QKD) allows communicating parties to securely establish cryptographic keys. It is a well-established fact that all QKE protocols require that the parties have access to an…

Quantum Physics · Physics 2009-08-11 Kenneth G. Paterson , Fred Piper , Ruediger Schack

A notion of quantum conference is introduced in analogy with the usual notion of a conference that happens frequently in today's world. Quantum conference is defined as a multiparty secure communication task that allows each party to…

Quantum Physics · Physics 2022-06-10 Anindita Banerjee , Kishore Thapliyal , Chitra Shukla , Anirban Pathak
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