HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH (1996 NSA Document)

in #technology7 years ago

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HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH
Laurie Law, Susan Sabett, Jerry Solinas
National Security Agency Office of Information Security Research and Technology - Cryptology Division
18 June, 1996

Introduction: With the onset of the Information Age, our nation is becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting our ability to access, store, and distribute information. Among the most important uses of this technology is electronic commerce: performing financial transactions via electronic information exchanged over telecommunications lines. A key requirement for electronic commerce is the development of secure and efficient electronic payment systems. The need for security is highlighted by the rise of the Internet, which promises to be a leading medium for future electronic commerce.

Read More: http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

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Thanks for sharing this information. Who knew! 1996. Of course the deep pockets are way ahead of the rest of us in this space. We're just the pawns in an ongoing continuum from the past going forward. This brings up some interesting questions about who really is behind "crypto".

Amazing, i thought the idea of anonymous currency based on cryptography first mentioned by B-Money in November 1998.

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