The root technology behind some electronic cash systems is an unique types of electronic signature known as a signature that is blind.
7 Introduced by David Chaum, blind signatures enable a document become finalized without exposing its articles. The consequence is analogous to putting a document and a sheet of carbon paper in a envelope. If someone signs the exterior for the envelope, they additionally signal the document in the within the envelope. The signature stays connected to the document, even though it really is taken off the envelope. Blind signatures can be utilized in electronic re re re payment systems to permit banks to signal and circulate electronic records without maintaining accurate documentation of which notes a person is offered. Continue reading