Abstract—This paper proposes a new Digital Currency System for India. The fundamental concepts of the system and the security properties required are specified using a formal specification language Z. An abstract specification is given here and it has to be further refined to a detailed concrete specification closer to implementation.
Index Terms—Formal methods, Z specification, functional security properties, electronic money.
The authors are from the Institute for Development and Research in Banking Technology (e-mail: mahilcarr@idrbt.ac.in, {er.tgupta, abhishekpandey31}@ gmail.com).
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Cite:Mahil Carr, Tripti Gupta, and Abhishek Pandey, "Digital Currency System for India," International Journal of Modeling and Optimization vol. 3, no. 2, pp. 198-201, 2013.