A Secure Off-Line MICO Payment Approach Using Multiple Physical Unclonable Functions
Abstract
FRoDO, a protected off-line micro-payment approach utilizing various physical unclonable capacities. FRoDO highlights an identity component to verify the client, and a coin component where coins are not locally stored, but rather are processed on-the-fly when required. The communication protocol utilized for the payment exchange does not directly read client coins. Rather, the seller just speaks with the personality component keeping in mind the end goal to recognize the client. This rearrangements eases the communication trouble with the coin component that influenced our past approach. The fundamental advantage is a less complex, speedier, and more secure cooperation between the included performing actors/entities. Among different properties, this two-stage protocol permits the bank or the coin component guarantor to outline computerized coins to be perused just by a specific character component, i.e. by a particular client. Besides, the character component used to enhance the security of the clients can likewise be utilized to obstruct malicious clients. To the best of our insight, this is the principal arrangement that can give secure completely off-line payments while being flexible to all as of now known PoS breaches.
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