Digital cash refers to the electronic transfer of funds from one party to another. When digital cash is
referred to as anonymous or identified, it means that:
A.
Anonymous the identity of the bank is withheld; Identified the identity of the bank is not withheld
B.
Anonymous the identity of the cash holder is not known; Identified the identity of the cash holder
is known
C.
Anonymous the identity of the cash holder is not known; Identified the identity of the merchant is
known
D.
Anonymous the identity of merchant is withheld; Identified the identity of the merchant is not
withheld
Explanation:
Anonymous implementations of digital cash do not identify the cash holder and use blind signature
schemes; identified implementations use conventional digital signatures to identify the cash holder.
In looking at these two approaches, anonymous schemes are analogous to cash since cash does not
allow tracing of the person who made the cash payment while identified approaches are the analog
of credit or debit card transactions.