Article Title

One-Time Pad Cipher (OTP) Use Cases and Simulation Examples for Electronic Financial Transactions

Authors

Ana Savic, School of Electrical Engineering and Computer Science Applied StudiesFollow

Keywords

One-Time pad (OTP) cipher, CrypTool, multiple use of the same key, electronic financial transactions

Abstract

This paper presents some applications of One-Time pad (OTP) cipher in business communications and processing the electronic financial transactions. Several simulation models created in the CrypTool, making a mention of the misuse and weaknesses if the same OTP key is used several times, are also given. Some examples of processing an electronic financial transaction through the application of the OTP are proposed.

DOI

10.33107/ijbte.2021.6.3.12

First Page

1

Last Page

9

Recommended Citation

Savic, Ana (2021) "One-Time Pad Cipher (OTP) Use Cases and Simulation Examples for Electronic Financial Transactions," International Journal of Business and Technology: Vol. 9: Iss. 1, Article 13.
DOI: 10.33107/ijbte.2021.6.3.12
Available at: https://knowledgecenter.ubt-uni.net/ijbte/vol9/iss1/13