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Related papers: Demonstration of quantum-digital payments

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Quantum technologies hold the promise of not only faster algorithmic processing of data, via quantum computation, but also of more secure communications, in the form of quantum cryptography. In recent years, a number of protocols have…

Quantum Physics · Physics 2016-12-01 Joseph F. Fitzsimons

Digital signatures represent a crucial cryptographic asset that must be protected against quantum adversaries. Quantum Digital Signatures (QDS) can offer solutions that are information-theoretically (IT) secure and thus immune to quantum…

Quantum Physics · Physics 2025-08-08 Federico Grasselli , Gaetano Russo , Massimiliano Proietti

Financial crimes fast proliferation and sophistication require novel approaches that provide robust and effective solutions. This paper explores the potential of quantum algorithms in combating financial crimes. It highlights the advantages…

Machine Learning · Computer Science 2024-03-28 Abraham Itzhak Weinberg , Alessio Faccia

We introduce a private quantum money scheme with the note verification procedure based on Sampling Matching, a problem in the one-way communication complexity model introduced by Kumar et al.[Nature Communications 10, Article number: 4152].…

Quantum Physics · Physics 2019-11-22 Niraj Kumar

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 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

Owing to its fundamental principles, quantum theory holds the promise to enhance the security of modern cryptography, from message encryption to anonymous communication, digital signatures, online banking, leader election, one-time…

Quantum Physics · Physics 2025-12-22 Mathieu Bozzio , Claude Crépeau , Petros Wallden , Philip Walther

Cryptographic key exchange protocols traditionally rely on computational conjectures such as the hardness of prime factorisation to provide security against eavesdropping attacks. Remarkably, quantum key distribution protocols like the one…

Methods of quantum mechanics promise information-theoretic security for various protocols in cryptography. However, impossibility of some cryptographic applications such as standard bit commitment, oblivious transfer, multiparty secure…

Quantum Physics · Physics 2015-08-03 Muhammad Nadeem

With photons being the only available candidates for long-distance quantum communication, most quantum cryptographic devices are physically realized as optical systems that operate a security protocol based on the laws of quantum mechanics.…

Quantum Physics · Physics 2012-07-02 Nitin Jain

Quantum computers promise not only to outperform classical machines for certain important tasks, but also to preserve privacy of computation. For example, the blind quantum computing protocol enables secure delegated quantum computation,…

Cryptography with quantum states exhibits a number of surprising and counterintuitive features. In a 2002 work, Barnum et al. argue that these features imply that digital signatures for quantum states are impossible (Barnum et al., FOCS…

Quantum Physics · Physics 2021-12-22 Gorjan Alagic , Tommaso Gagliardoni , Christian Majenz

Quantum computer is no longer a hypothetical idea. It is the worlds most important technology and there is a race among countries to get supremacy in quantum technology. Its the technology that will reduce the computing time from years to…

Cryptography and Security · Computer Science 2022-04-07 Manish Kumar

Cryptography promises four information security objectives, namely, confidentiality, integrity, authenticity, and non-repudiation, to support trillions of transactions annually in the digital economy. Efficient digital signatures, ensuring…

Quantum Physics · Physics 2023-05-11 Hua-Lei Yin , Yao Fu , Chen-Long Li , Chen-Xun Weng , Bing-Hong Li , Jie Gu , Yu-Shuo Lu , Shan Huang , Zeng-Bing Chen

Developments in scalable quantum networks rely critically on optical quantum memories, which are key components enabling the storage of quantum information. These memories play a pivotal role for entanglement distribution and long-distance…

Quantum information allows us to build quantum money schemes, where a bank can issue banknotes in the form of authenticatable quantum states that cannot be cloned or counterfeited. Similar to paper banknotes, in existing quantum money…

Quantum Physics · Physics 2024-11-08 Alper Cakan , Vipul Goyal , Takashi Yamakawa

Quantum computers are expected to be able to solve mathematical problems that cannot be solved using conventional computers. Many of these problems are of practical importance, especially in the areas of cryptography and secure…

Quantum Physics · Physics 2007-05-23 T. B. Pittman , B. C. Jacobs , J. D. Franson

Wiesner's quantum money [5] is a simple, information-theoretically secure quantum cryptographic protocol. In his protocol, a mint issues quantum bills and anyone can query the mint to authenticate a bill. If the mint returns bogus bills…

Quantum Physics · Physics 2010-10-05 Andrew Lutomirski

We outline a quantum-enabled blockchain architecture based on a consortium of quantum servers. The network is hybridised, utilising digital systems for sharing and processing classical information combined with a fibre--optic infrastructure…

Quantum Physics · Physics 2019-07-30 Adam J Bennet , Shakib Daryanoosh

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