From: John Young <jya@pipeline.com>
Date: Sat, 23 Nov 1996 19:22:00 -0800 (PST)
To: cypherpunks@toad.com
Subject: Security of E-Money
Message-ID: <1.5.4.32.19961124031949.006f6d04@pop.pipeline.com>
MIME-Version: 1.0
Content-Type: text/plain


The Bank for International Settlements (BIS) published in
August, 1996, "Security of Electronic Money," a long, 
detailed study. Compare this architecture to Anderson/Kuhn's 
and Biham/Shamir's recent demolition.

The orginal is available at:

     http://www.bis.org/publ/cpss18.pdf

Better, Ian Grigg has HTML-ed it at:

      http://www.systemics.com/docs/papers/BIS_smart_security.html