IDEAS home Printed from https://ideas.repec.org/p/bca/bocawp/23-50.html
   My bibliography  Save this paper

Anonymous Credentials: Secret-Free and Quantum-Safe

Author

Listed:
  • Raza Ali Kazmi
  • Cyrus Minwalla

Abstract

An anonymous credential mechanism is a set of protocols that allows users to obtain credentials from an organization and demonstrate ownership of these credentials without compromising users’ privacy. In this work, we construct the first secret-free and quantum-safe credential mechanism. The scheme is secret-free in the sense that an organization does not need to guard a secret key. The scheme is also lightweight in construction. Security of the scheme relies on the ability of the organization to maintain the integrity of a publicly known data structure—namely, a Merkle tree—that utilizes a quantum-safe, partially homomorphic hash function as a foundational primitive. We also construct a simple, quantum-safe, zero-knowledge argument of knowledge of membership in the Merkle tree. Additionally, we explore a concrete instantiation of the scheme and show it to be practically efficient for the core functions of enrollment and verification.

Suggested Citation

  • Raza Ali Kazmi & Cyrus Minwalla, 2023. "Anonymous Credentials: Secret-Free and Quantum-Safe," Staff Working Papers 23-50, Bank of Canada.
  • Handle: RePEc:bca:bocawp:23-50
    as

    Download full text from publisher

    File URL: https://www.bankofcanada.ca/wp-content/uploads/2023/09/swp2023-50.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Central bank research; Digital currencies and fintech; Payment clearing and settlement systems;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bca:bocawp:23-50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bocgvca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.