Question: In addition to producing one - time unlinkable credentials, blind signatures can also produce anonymous electronic cash. In this case, the issuer I is a
In addition to producing onetime unlinkable credentials, blind signatures can also produce anonymous electronic cash. In this case, the issuer I is a bank and the prover P is a customer that wants to get a banknote m stamped by the bank. The bank signs the blinded banknote m without seeing the original banknote m Then P can recover the signed banknote m s from m s and after that spend m s in a shop, in such a way that the bank and the shop cannot relate the withdrawn m s with the spent m s Does the bank become vulnerable to customer cheating due to signing banknotes without seeing them? What kind of cheating? How could the bank defend against such cheating?
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