Abstract. A substantial number of micropayment schemes in the literature are based on distributing the cost of a digital signature over several successive micropayments (e.g. Paywo...
We present a new micropayment scheme based on the use of “electronic lottery tickets.” This scheme is exceptionally efficient since the bank handles only winning tickets, inste...
Emerging economic P2P applications share the common need for an efficient, secure payment mechanism. In this paper, we present PPay, a micropayment system that exploits unique cha...