2018
DOI: 10.22331/q-2018-11-02-103
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How to make unforgeable money in generalised probabilistic theories

Abstract: We discuss the possibility of creating money that is physically impossible to counterfeit. Of course, "physically impossible" is dependent on the theory that is a faithful description of nature. Currently there are several proposals for quantum money which have their security based on the validity of quantum mechanics. In this work, we examine Wiesner's money scheme in the framework of generalised probabilistic theories. This framework is broad enough to allow for essentially any potential theory of nature, pr… Show more

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Cited by 21 publications
(18 citation statements)
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“…Furthermore, Selby and Sikora [30] analyzed unforgeable money in the Generalized Probabilistic Theories. We should also point out experimental results in the quantum money field were presented by three groups of Bartkiewicz et al [31], Bozzio et al [32], and Guan et al [33] respectively.…”
Section: Private-key Quantum Moneymentioning
confidence: 99%
See 1 more Smart Citation
“…Furthermore, Selby and Sikora [30] analyzed unforgeable money in the Generalized Probabilistic Theories. We should also point out experimental results in the quantum money field were presented by three groups of Bartkiewicz et al [31], Bozzio et al [32], and Guan et al [33] respectively.…”
Section: Private-key Quantum Moneymentioning
confidence: 99%
“…It is however plausible that if the quantum version of the OCG law turns out to be accurate, the individuals will tend to keep the most secure, cheapest to produce and to store money of the highest commodity value (in the sense of its use for quantum information processing), and will spend the other currencies more often. Going a bit further, one can consider monies in a theory T (for such a general approach see [30]), and have a 'T Oresme-Copernicus-Gresham's law', a theory-dependent version describing the flow of currencies valid in theory T. An interesting particular case would be the 'multi-theory OCG law' that could govern the flow of currencies between different sub-theories. A natural example of the latter would be Classical-Quantum Oresme-Copernicus-Gresham's law, expressing the behavior of classical currencies and the quantum ones on the same footing.…”
Section: Quantum Oresme-copernicus-gresham's Lawmentioning
confidence: 99%
“…A, A A (73) where A is a system in P and is an idempotent on A. We introduce the shorthand notation for systems: (74) and, noting that there can be multiple different idempotents per system we will distinguish them by their colour, hence we can have systems such as A and A which differ only by their associated idempotent.…”
Section: Definition 5 (Karoubi Envelope K) Systems Labeled In K[p] mentioning
confidence: 99%
“…This last point is useful as it provides the ability to characterise coherence in operational and physical terms, rather than via specific features of the mathematical formalism of quantum theory-such as Hilbert spaces and complex numbers. There is some existing work on studying resource theories in generalised theories such as [46,14,15,86,4] and this general approach has also been of use to deepen our understanding of computation [52,47,9,31,6,54,55,50,51], cryptography [77,74,48,78,7,5,53,49] and much more.…”
Section: Introductionmentioning
confidence: 99%
“…Current treatments have tended to emphasise finite dimensional systems and system composition. Using this framework (or related frameworks such as convex operational theories [19,20] and operational probabilistic theories [21]) many physical and informational features of general probabilistic theories have been studied, such as interference phenomena [22][23][24][25], computation [26,27], thermodynamics [28][29][30] and others [31][32][33][34][35][36][37][38].…”
Section: Introductionmentioning
confidence: 99%