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Related papers: Demonstration of quantum-digital payments

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The no-cloning property of quantum mechanics allows unforgeability of quantum banknotes and credit cards. Quantum credit card protocols involve a bank, a client and a payment terminal, and their practical implementation typically relies on…

Quantum Physics · Physics 2019-02-28 Mathieu Bozzio , Eleni Diamanti , Frédéric Grosshans

We present a quantum token scheme in which the token is a quantum state that ensures secure authentication or payment. In our approach, rooted in Wiesner's quantum money concept, a token is encoded in a multi-qubit state generated by a…

Quantum Physics · Physics 2026-05-21 Yannick Strocka , Mohamed Belhassen , Tim Schröder , Gregor Pieplow

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

Digital signatures are widely used to provide security for electronic communications, for example in financial transactions and electronic mail. Currently used classical digital signature schemes, however, only offer security relying on…

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

Digital signatures are frequently used in data transfer to prevent impersonation, repudiation and message tampering. Currently used classical digital signature schemes rely on public key encryption techniques, where the complexity of…

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

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

Blockchain is a distributed database which is cryptographically protected against malicious modifications. While promising for a wide range of applications, current blockchain platforms rely on digital signatures, which are vulnerable to…

Guaranteeing nonrepudiation, unforgeability as well as transferability of a signature is one of the most vital safeguards in today's e-commerce era. Based on fundamental laws of quantum physics, quantum digital signature (QDS) aims to…

Quantum Physics · Physics 2016-03-23 Hua-Lei Yin , Yao Fu , Zeng-Bing Chen

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…

Digital signatures are a powerful cryptographic tool widely employed across various industries for securely authenticating the identity of a signer during communication between signers and verifiers. While quantum digital signatures have…

Quantum Physics · Physics 2025-03-11 Wusheng Wang , Masahito Hayashi

The no-cloning theorem can be used as a basis for quantum money constructions which guarantee unconditionally unforgeable currency. Existing schemes, however, either (i) require long-term quantum memory and quantum communication between the…

Quantum Physics · Physics 2025-10-22 Dmytro Gavinsky , Dar Gilboa , Siddhartha Jain , Dmitri Maslov , Jarrod R. McClean

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 digital currency Bitcoin has had remarkable growth since it was first proposed in 2008. Its distributed nature allows currency transactions without a central authority by using cryptographic methods and a data structure called the…

Quantum Physics · Physics 2020-09-28 Jonathan Jogenfors

Wiesner's unforgeable quantum money scheme is widely celebrated as the first quantum information application. Based on the no-cloning property of quantum mechanics, this scheme allows for the creation of credit cards used in authenticated…

Digital signatures are the building blocks of modern communication to prevent masquerading by any party other than recipients, repudiation by signatory and forgery by any individual recipient. Digital signature scheme is said to be standard…

Quantum Physics · Physics 2015-12-31 Muhammad Nadeem , Xiaolin Wang

The ability to perform computations on encrypted data is a powerful tool for protecting privacy. Recently, protocols to achieve this on classical computing systems have been found. Here we present an efficient solution to the quantum…

Quantum Physics · Physics 2014-03-05 K. Fisher , A. Broadbent , L. K. Shalm , Z. Yan , J. Lavoie , R. Prevedel , T. Jennewein , K. J. Resch

Digital signatures guarantee the authenticity and transferability of messages, and are widely used in modern communication. The security of currently used classical digital signature schemes, however, relies on computational assumptions. In…

Quantum Physics · Physics 2015-04-09 Petros Wallden , Vedran Dunjko , Adrian Kent , Erika Andersson
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