Digital Wallet

Full Text (PDF, 384KB), PP.62-68

Views: 0 Downloads: 0

Author(s)

Harshal R. Kanhekar 1,* Sayali N. Mane 1

1. Department of Communication Network, Pune University, Pune-411044, India

* Corresponding author.

DOI: https://doi.org/10.5815/ijwmt.2015.04.06

Received: 15 Apr. 2015 / Revised: 20 May 2015 / Accepted: 24 Jun. 2015 / Published: 26 Jul. 2015

Index Terms

Secure Money Transaction, e-Money, RFID, AES

Abstract

As the world is getting digital there are few things which are used as it is for a long time. The most important thing which we do in our daily life is the transaction of money. Money transaction is a process which should be digitized for more security and the ease of the individual. So, by making a digital wallet the money transaction can be made much simpler and effortless. Using digital wallet we can keep all our important cards such as health card, driving license and other important papers in only one place with much more security.
The digital wallet can be our transaction medium which can be used anywhere such as shops, malls or for giving money to someone else. And with such high security such as finger print scanning our money and all the information which the wallet is carrying will be safe. In case, if the wallet is lost GPS will help to detect the location of our device and that what makes the wallet a digital safe.

Cite This Paper

Harshal R. Kanhekar, Sayali N. Mane,"Digital Wallet", IJWMT, vol.5, no.4, pp.62-68, 2015. DOI: 10.5815/ijwmt.2015.04.06

Reference

[1]R. Balan and N. Ramasubbu, "The Digital Wallet: Opportunities and Prototypes", Computer Network, Vol. 42, pp. 100-102, 2009.

[2]A. Illiev and S. Smith, "Private information storage with logarithmic-space secure hardware", in proceedings of IEEE international conference on Information Security, Management, Education and Privacy, pp. 156, 2004.

[3]Avinaash Kak and Keith Mayes, "AES: The Advanced Encryption Standard", in proceedings of IEEE international conference on Computer and Network Security, pp. 140-156, 2014. 

[4]M. Franklin and M. Yung, "Secure and efficient off-line digital money", in proceedings of IEEE international conference of International Colloquium on Automata, Language and Programming, pp. 256-276, 1993.

[5]K.cMayes and K. Markantonakis, "Smart Cards, Tokens, Security and Applications", in proceedings of IEEE international conference on Information Security, Management, Education and Privacy, pp. 256, 2008.

[6]Benjamin M. Friedman, "Decoupling at the Margin: The Threat to Monetary Policy from the Electronic Revolution in Banking", in proceedings of IEEE international conference on Finance, pp. 14-26, 2000.

[7]M. Mary, N. Balakrishnan and S. Pratheeba, "A study on the Success Potential of Multiple Mobile Payment Technologies", in proceedings of IEEE international conference, 2010.

[8]M. Hashemi and E. Soroush, "A Secure m-Payment Protocol for Mobile Devices", in proceedings of IEEE international conference, May, 2006.

[9]Liu Shifeng and Chen Rong, "Wireless E-commerce Payment and its Development in China", IEEE Trans. Inf. Theory, vol. 58, no. 1, pp. 554-558, 2010.

[10]V.C.Sekhar and M.Sarvabhatla, "Secure Lightweight mobile payment protocol using symmetric key techniques, " IEEE Transaction Communcation, vol. 54, pp. 469-478, 2012.

[11]Yan Li, Xiaoqiang Hu and Liang Zeng, "The application of mobile Agent in mobile payment, " IEEE Transaction on Computer Science, vol. 3, pp. 1612 - 1616, 2011.

[12]Szu-Hui Wu and Chyan Yang, "Promoting Collaborative Mobile Payment by Using NFC-Micro SD Technology, " IEEE Transaction on Computer Science, vol. 3, pp. 454 - 461, 2013.