Abstract— Mobile multi-bank divisible e-cash protocol proposes on mobile terminals for electronic payments which can circulate in multiple banks and cannot limit from the bank that issues the e-cash. This paper proposes on the agreement of opening account, the withdrawal agreement, the pay agreement, the deposit agreement, update protocol of the e-cash based on elliptic curve cryptography (ECC). The divisible e-cash does not pass the bank by the consumption of each e-cash, thus the bank has not become the bottleneck of electronic cash transactions. The protocol is more suitable for mobile micro-payment terminals with limit of calculation capacity, storage, network bandwidth and power supply, which satisfies the needs of day-to-day transactions.
Index Terms— Mobile, multi-bank, micro-payment, divisible e-cash.
Ting Huang is with the College of Computer and Information Technology, China Three Gorges University, Yichang, Hubei, CO 443002, China (e-mail: 14863403@qq.com).
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Cite: Ting Huang, " Research on Mobile Multi-bank Divisible e-Cash Protocol," International Journal of Information and Electronics Engineering vol. 5, no. 6, pp. 437-440, 2015.
