Security Requirements: Privacy

Security Requirements: Privacy

• No one else knows about my transactions apart from the counterparty.
• Can be assured by the removal of any direct indication of the consumer identity in the payment mechanism itself.
• Privacy through Encryption
  • removes the opportunity for eaves-droppers to comprehend the details of any payment.
• Digital Signatures
  • means of confirming the validity of a payment without necessarily divulging the identity of the customer.
• Regulators to be unhappy
  • about unaudited system

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