Title: NetCash:A Design for Practical Electronic Currency on the Internet Authors: Gennady Medvinsky B. Clifford Neuman Filename: pubdocmiscMedvinsky_Neuman_NetCash.ps.Z File size: 83151 bytes Abstract: NetCash is a framework that supports realtime electronic payments with provision of anonymity over an unsecure network. It is designed to enable new types of services on the Internet which have not been practical to date because of the absence of a secure, scalable, potentially anonymous payment method. NetCash strikes a balance between unconditionally anonymous electronic currency, and signed instruments analogous to checks that are more scalable but identify the principals in a transaction. It does this by providing the framework within which proposed electronic currency protocols can be integrated with the scalable, but non-anonymous, electronic banking infrastructure that has been proposed for routine transactions.