Wiesner Quantum Money

The classical money scheme involves the Bank distributing notes to the untrusted users. Each note has a unique serial number attached to it and this number provides a basis for the verification of the note when the user wants to use it for transaction. However in the classical world, nothing prevents a user with sufficient resources to be able to forge the note and create more notes than what he originally had in possession. In the 1980s, Wiesner proposed the idea of quantum money to create unforgeable bank notes. The unforgeability of the note relied on the no-cloning property of quantum mechanics. In the Wiesner scheme, the bank notes are several BB84 states prepared by the Bank, who then distributes them to the untrusted users. When the user needs to carry out a transaction with his note, he sends it to the Bank for verification, who then authenticates the validity of the note. Based on the no-cloning property of quantum mechanics, Wiesner showed an information theoretic security against a note forger.

Tags: Multi Party Protocols, non-local games, Quantum Enhanced Classical Functionality, Specific Task

Assumptions

The two-state systems must be isolated from the rest of universe, roughly.
When Wiesner wrote his thesis, there was no device operating in which the phase coherence of a two-state system was preserved for longer than about a second.

Outline

Let the money have twenty isolated systems $S_{i}\in \{a,b,\alpha ,\beta \},i=1,...,20$ .

The Mint creates two random binary sequences of twenty digits Failed to parse (SVG (MathML can be enabled via browser plugin): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle M_i,N_i\in\{0,1\}} where $i=1,...,20$ . Then, two-state systems are placed in one of four states $a,b,\alpha ,\beta$ .

Bank prepares a pair of orthonormal base states for each state system. Then the two-state system is located in one of four states Failed to parse (SVG (MathML can be enabled via browser plugin): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle a, b, \alpha, \beta}
The bank records all polarizations and their serial numbers. On the banknote/quantum money the serial number is plain, while polarizations are kept hidden.
If the money is returned to the Mint, it checks whether each isolated system is still in its initial state or not.

Note that since no one except the Mint knows $M_{i}$ and $N_{i}$ , even if someone copies the money, he cannot recover the polarization.

Notation

$S_{i}$ = Isolated system
$M_{i},N_{i}$ = Random binary sequences
$a,b,\alpha ,\beta$ = States

Requirements

Network stage: quantum memory network

Properties

The scheme requires a central bank for verifying the money
Pairs of conjugate variables has the same relation with Heisenberg uncertainty principle
The success probability of the adversary in guessing the state of the target quantum money is $(3/4)^{N}$

Pseudocode

Input: Product state of Failed to parse (SVG (MathML can be enabled via browser plugin): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle N} qubit and a serial number
Output: approved/rejected
Stage 1: Preparation

The Mint generate a quantum money composed of two component $(|S\rangle ,k)$ where $k$ is the serial number of the banknote and Failed to parse (SVG (MathML can be enabled via browser plugin): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle S} is a product state of $N$ qubits. Each qubit is randomly chosen from the set Failed to parse (SVG (MathML can be enabled via browser plugin): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle \{|0\rangle,|1\rangle,|+\rangle,|-\rangle\}}
Serial numbers and their states are recorded and kept at the Mint

Stage 2: Verification

The Mint looks for the serial number and the corresponding measurement basis in its database. Thus, each qubit is measured in the right basis, $\{|0\rangle ,|1\rangle \}$ or $\{|+\rangle ,|-\rangle \}$ .
The Mint outputs 1 if the result of the measurement corresponds with the data stored in its database, otherwise it returns 0.

Furthermore Information

http://users.cms.caltech.edu/~vidick/teaching/120_qcrypto/wiesner.pdf