Multi-Channel Currency: A Secure Method Using Semi-Quantum Tokens

Fuente: arXiv
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Autori principali: Zhang, Yichi, Jin, Siyuan, Huang, Yuhan, Shao, Qiming
Natura: Preprint
Pubblicazione: 2025
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author Zhang, Yichi
Jin, Siyuan
Huang, Yuhan
Shao, Qiming
author_facet Zhang, Yichi
Jin, Siyuan
Huang, Yuhan
Shao, Qiming
contents Digital currencies primarily operate online, but there is growing interest in enabling offline transactions to improve digital inclusion. Existing offline methods struggle with double-spending risks, often limiting transaction amounts. In this work, we propose a quantum-state-based currency system that uses the non-cloning theorem to enable secure, multi-channel transactions without the risk of double spending. We demonstrate this system's implementation with experimental results, including use cases for currency transfers and swaps. To mitigate credit risks in swaps, we also integrate blockchain to show its wide applicability. Our approach paves the way for quantum-secure digital currencies and opens new possibilities for optimizing multi-channel tokens.
format Preprint
id arxiv_https___arxiv_org_abs_2502_18378
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Multi-Channel Currency: A Secure Method Using Semi-Quantum Tokens
Zhang, Yichi
Jin, Siyuan
Huang, Yuhan
Shao, Qiming
Quantum Physics
Computational Engineering, Finance, and Science
Digital currencies primarily operate online, but there is growing interest in enabling offline transactions to improve digital inclusion. Existing offline methods struggle with double-spending risks, often limiting transaction amounts. In this work, we propose a quantum-state-based currency system that uses the non-cloning theorem to enable secure, multi-channel transactions without the risk of double spending. We demonstrate this system's implementation with experimental results, including use cases for currency transfers and swaps. To mitigate credit risks in swaps, we also integrate blockchain to show its wide applicability. Our approach paves the way for quantum-secure digital currencies and opens new possibilities for optimizing multi-channel tokens.
title Multi-Channel Currency: A Secure Method Using Semi-Quantum Tokens
topic Quantum Physics
Computational Engineering, Finance, and Science
url https://arxiv.org/abs/2502.18378