Electronic lottery tickets as micropayments

  • Ronald L. Rivest
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 1318)

Abstract

We present a new micropayment scheme based on the use of “electronic lottery tickets.” This scheme is exceptionally efficient since the bank handles only winning tickets, instead of handling each micropayment.

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Copyright information

© Springer-Verlag 1997

Authors and Affiliations

  • Ronald L. Rivest
    • 1
  1. 1.MIT Lab for Computer Science (RSA / Security Dynamics)USA

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