A Protocol for Compliant, Obliviously Managed Electronic Transfers
For users of digital asset systems, this protocol enhances privacy and security in electronic transfers, though it is an incremental extension of existing methods.
The paper presents a protocol for secure, private digital asset transfers with self-custody, building on prior work. It achieves unlinkability, oblivious transactions, and prevention of equivocation by service providers.
We describe a protocol for creating, updating, and transferring digital assets securely, with strong privacy and self-custody features for the initial owner based upon the earlier work of Goodell, Toliver, and Nakib. The architecture comprises three components: a mechanism to unlink counterparties in the transaction channel, a mechanism for oblivious transactions, and a mechanism to prevent service providers from equivocating. We present an approach for the implementation of these components.