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UBT International Conference

Conference

2021

Electronic financial transactions

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Full-Text Articles in Physical Sciences and Mathematics

One-Time Pad Cipher (Otp) Use Cases And Simulation Examples For Electronic Financial Transactions, Ana Savic, Goran Bjelobaba, Nikola Popović, Hana Stefanovic Oct 2021

One-Time Pad Cipher (Otp) Use Cases And Simulation Examples For Electronic Financial Transactions, Ana Savic, Goran Bjelobaba, Nikola Popović, Hana Stefanovic

UBT International Conference

Network 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.