A Protocol for Compliant, Obliviously Managed Electronic Transfers

TL;DR

This paper introduces a secure protocol for digital asset management that ensures privacy, unlinkability, and prevents service provider misbehavior, enhancing security and privacy in electronic transfers.

Contribution

It presents a novel architecture combining unlinkable transactions, oblivious transfer, and misbehavior prevention for digital asset management.

Findings

Proposes a comprehensive protocol architecture for secure digital asset transfers.

Details mechanisms for unlinking counterparties and ensuring transaction obliviousness.

Provides implementation approaches for the proposed components.

Abstract

We describe a protocol for creating, updating, and transferring digital assets securely, with strong privacy and self-custody features for the initial owner based upon the earlier work of Goodell, Toliver, and Nakib. The architecture comprises three components: a mechanism to unlink counterparties in the transaction channel, a mechanism for oblivious transactions, and a mechanism to prevent service providers from equivocating. We present an approach for the implementation of these components.