create a digital currency. Your currency must have the properties listed below. For this system, cost IS NOT an issue. Accurracy, reliabilty, security and traceability are the driving factors. Therefore use ALL available tools at your disposal to design a premier system. (Be sure to document any assumptions you make about your system) Theft-resistant: If you have some digital money stored on your hard drive, I should not be able to steal your money without your permission, even if I gain access to your hard drive. Non-forgeable: It should be very difficult to forge money in your digital currency system. Non-copyable: Users should not be able to create more money simply by copying existing digital currency. Remotely accessible: Users are able to remotely and securely access/withdraw specified quantities of their digital currency from a secure storage location and transfer/send it to another authorized user
create a digital currency. Your currency must have the properties listed below. For this system,
cost IS NOT an issue. Accurracy, reliabilty, security and traceability are the driving factors.
Therefore use ALL available tools at your disposal to design a premier system. (Be sure to
document any assumptions you make about your system)
Theft-resistant: If you have some digital money stored on your hard drive, I should not be
able to steal your money without your permission, even if I gain access to your hard drive.
Non-forgeable: It should be very difficult to forge money in your digital currency system.
Non-copyable: Users should not be able to create more money simply by copying existing
digital currency.
Remotely accessible: Users are able to remotely and securely access/withdraw specified
quantities of their digital currency from a secure storage location and transfer/send it to
another authorized user
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