Open AccessDISTRIBUTED TRUST IN ePAYMENTS SYSTEM
Author(s) -
K. Vidya
Publication year - 2014
Publication title -
computing
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.184
H-Index - 11
eISSN - 2312-5381
pISSN - 1727-6209
DOI - 10.47839/ijc.6.3.456
Subject(s) - discrete logarithm , scheme (mathematics) , computer science , payment , clearing , logarithm , payment system , elliptic curve , secret sharing , computer security , theoretical computer science , distributed computing , mathematics , cryptography , public key cryptography , finance , business , world wide web , pure mathematics , encryption , mathematical analysis
In this paper, a secret sharing scheme that is based on the Parallel Pollard rho Attack of the Elliptic Curve Discrete Logarithm Problem (ECDLP) is proposed for hierarchical access structures that can be activated dynamically. The shares of the scheme are distributed across two levels of participants but the reconstruction of the secret takes place at level zero which is the central processor or the trusted party of the scheme. The scheme finds its application in the Payments System of Banks and facilitates the replacement of paper cheques with eCheques. It also provides an efficient method of processing the payments at the Clearing House of Banks.