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The no-cloning theorem asserts that, unlike classical information, quantum information cannot be copied. This seemingly undesirable phenomenon is harnessed in quantum cryptography. Uncloneable cryptography studies settings in which the…

Quantum Physics · Physics 2022-10-27 Or Sattath

In a quantum money scheme, a bank can issue money that users cannot counterfeit. Similar to bills of paper money, most quantum money schemes assign a unique serial number to each money state, thus potentially compromising the privacy of the…

Quantum Physics · Physics 2024-11-26 Amit Behera , Or Sattath

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

We propose and construct a quantum money scheme that allows verification through classical communication with a bank. This is the first demonstration that a secure quantum money scheme exists that does not require quantum communication for…

Quantum Physics · Physics 2022-03-30 Dmytro Gavinsky

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

We present an analysis of Wiesner's quantum money scheme, as well as some natural generalizations of it, based on semidefinite programming. For Wiesner's original scheme, it is determined that the optimal probability for a counterfeiter to…

Quantum Physics · Physics 2012-02-20 Abel Molina , Thomas Vidick , John Watrous

Public-key quantum money is a cryptographic proposal for using highly entangled quantum states as currency that is publicly verifiable yet resistant to counterfeiting due to the laws of physics. Despite significant interest, constructing…

Quantum Physics · Physics 2023-01-24 Prabhanjan Ananth , Zihan Hu , Henry Yuen

Quantum money is the first invention in quantum information science, promising advantages over classical money by simultaneously achieving unforgeability, user privacy, and instant validation. However, standard quantum money relies on…

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

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

The realization of devices which harness the laws of quantum mechanics represents an exciting challenge at the interface of modern technology and fundamental science. An exemplary paragon of the power of such quantum primitives is the…

Quantum Physics · Physics 2012-11-21 Fernando Pastawski , Norman Y. Yao , Liang Jiang , Mikhail D. Lukin , J. Ignacio Cirac

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

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

The laws of quantum mechanics allow unconditionally secure key distribution protocols. Nevertheless, security proofs of traditional quantum key distribution (QKD) protocols rely on a crucial assumption, the trustworthiness of the quantum…

Quantum Physics · Physics 2014-10-08 Umesh Vazirani , Thomas Vidick

A quantum tamper-evident encryption scheme is a non-interactive symmetric-key encryption scheme mapping classical messages to quantum ciphertexts such that an honest recipient of a ciphertext can detect with high probability any meaningful…

Quantum Physics · Physics 2025-05-21 Sébastien Lord

Device-independent quantum cryptographic schemes aim to guarantee security to users based only on the output statistics of any components used, and without the need to verify their internal functionality. Since this would protect users…

Quantum Physics · Physics 2013-08-07 Jonathan Barrett , Roger Colbeck , Adrian Kent

Semi-device-independent quantum key distribution aims to achieve a balance between the highest level of security, device independence, and experimental feasibility. Semi-quantum key distribution presents an intriguing approach that seeks to…

Quantum Physics · Physics 2023-08-23 Mário Silva , Ricardo Faleiro , Paulo Mateus , Emmanuel Zambrini Cruzeiro

Device-independent quantum key distribution aims to provide key distribution schemes whose security is based on the laws of quantum physics but which does not require any assumptions about the internal working of the quantum devices used in…

Quantum Physics · Physics 2011-03-18 Lluis Masanes , Stefano Pironio , Antonio Acin

Quantum key distribution promises unconditionally secure communications. However, as practical devices tend to deviate from their specifications, the security of some practical systems is no longer valid. In particular, an adversary can…

Quantum Physics · Physics 2015-06-16 Marcos Curty , Feihu Xu , Wei Cui , Charles Ci Wen Lim , Kiyoshi Tamaki , Hoi-Kwong Lo

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