05-31-2011, 08:12 PM
[B]Due Date: 06/06/2011
Question# 1 (5)
a) In minting stage of E-cash payment system, what mechanism is used to make the serial number (generated by client’s cyber wallet) blind? (2)
b) Assume that you want to buy a low cost item like shoes, wallet etc, what payment system do you suggest for this transaction and why? (3)
Question# 2 (5)
Suppose you want to buy an apple iphone from an online shopping site through E-cash payment system. What steps would be followed to make this transaction?
[/B]
Question# 1 (5)
a) In minting stage of E-cash payment system, what mechanism is used to make the serial number (generated by client’s cyber wallet) blind? (2)
b) Assume that you want to buy a low cost item like shoes, wallet etc, what payment system do you suggest for this transaction and why? (3)
Question# 2 (5)
Suppose you want to buy an apple iphone from an online shopping site through E-cash payment system. What steps would be followed to make this transaction?
[/B]
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