Efficient and cryptographically secure micropayment system

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INNOSUISSE

Project number

14829.2;8 PFES-ES

Project title

Efficient and cryptographically secure micropayment system

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Category	Text
Short description (English)	Efficient and cryptographically secure micropayment system
Abstract (English)	The current Internet is characterised by new technologies like Web 2.0, expansion of social networks, and new models of media. This urges R&D on new technology and business models to efficiently exploit high quality data exchange and consumption in the Internet. Our goal is to develop a new version of micropayment system milliPay which provides possibilities to develop completely new business models based on monetary services with prices ranging from 0.0001 to 3 CHF.

Category

Text

Short description
(English)

Efficient and cryptographically secure micropayment system

Abstract
(English)

The current Internet is characterised by new technologies like Web 2.0, expansion of social networks, and new models of media. This urges R&D on new technology and business models to efficiently exploit high quality data exchange and consumption in the Internet. Our goal is to develop a new version of micropayment system milliPay which provides possibilities to develop completely new business models based on monetary services with prices ranging from 0.0001 to 3 CHF.