Cloud system for the exchange of electronic money based on the algorithm of partially homomorphic encryption

Authors

  • Roman Naumovych Kvietnyi Vinnytsia National Technical University
  • Yevhenii Oleksandrovych Tytarchuk Vinnytsia National Technical University

Keywords:

Digital currency, partially homomorphic encryption, cloud service

Abstract

In this paper, a cloud-based model for exchanging electronic money with a centralized server and a system for ensuring anonymity of users using a partially homomorphic encryption algorithm is presented. Compared with the current cryptic currencies, the presented approach, unlike existing analogues, uses a centralized server and user depersonalization system based on a partially homomorphic encryption algorithm on elliptical curves, which allows to protect the privacy of users. To ensure anonymity in the proposed model it is planned to use partially homomorphic encryption algorithm based on elliptic curves.

Author Biographies

Roman Naumovych Kvietnyi, Vinnytsia National Technical University

Doctor of Science, Professor, Head of the AIVT Department

Yevhenii Oleksandrovych Tytarchuk, Vinnytsia National Technical University

graduate student

References

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3. Квєтний Р. Н. Використаннячастково гомоморфного алгоритмушифруваннянаеліптичнихкривих у хмарнійсистеміелектронногоголосування / Р. Н. Квєтний, Є. О. Титарчук // Оптико-електроннiiнформацiйно-енергетичнiтехнологiї. — 2016. — Vol. 32, No. 2. — P. 14–22.
4. Tebaa M. Homomorphic encryption applied to the cloud computing security / M. Tebaa, S. El Hajji, a El Ghazi[et al.] // Proceedings of the World Congress on Engineering. — 2012. — Vol. 1. — P. 4–6.
5. Naehrig M. Can homomorphic encryption be practical? / M. Naehrig // ACM Computer and Communications Security. — 2011. — P. 113–124.

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Published

2017-12-20

How to Cite

[1]
R. N. Kvietnyi and Y. O. Tytarchuk, “Cloud system for the exchange of electronic money based on the algorithm of partially homomorphic encryption”, ІТКІ, vol. 40, no. 3, pp. 37–41, Dec. 2017.

Issue

Section

Mathematical modeling and computational methods

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