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Date: Tue, 11 Apr 2000 07:20:52 -0400
To: [EMAIL PROTECTED], [EMAIL PROTECTED]
From: "R. A. Hettinga" <[EMAIL PROTECTED]>
Subject: DCSB: Yiannis Tsiounis; InternetCash and the "loading" problem
Cc: Yiannis Tsiounis <[EMAIL PROTECTED]>,
        Bruce Schneier <[EMAIL PROTECTED]>
Sender: [EMAIL PROTECTED]
Reply-To: "R. A. Hettinga" <[EMAIL PROTECTED]>

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[Note that the Harvard Club is now "business casual". No more jackets and
ties... --RAH]


          The Digital Commerce Society of Boston

                         Presents


                      Yiannis Tsiounis
                  Chief Technology Officer,
                   InternetCash.com, Inc.


               Prepaid internet cash cards:
               The InternetCash Experience



                 Tuesday, May 2nd, 2000
                        12 - 2 PM
            The Downtown Harvard Club of Boston
               One Federal Street, Boston, MA


InternetCash is an alternative Internet payment method; effectively an
"electronic cash" system. The design requirements behind InternetCash
were: Accessibility, Ease of Use, Efficiency (to allow for
micropayments), Security and Anonymity. The similarity to real cash
prompted the creation of a pre-paid card system that satisfies all of the
above requirements. Accessibility is achieved through physical
distribution of the product - which can be liberal due to the Point Of
Sale Activation methods employed. Such distribution also achieves
anonymity and drives consumers to InternetCash's web site. Ease of use is
brought on by the public's familiarity with pre-paid phone cards and the
simplicity of InternetCash's interface. Efficiency is achieved via the
use of lightweight cryptographic algorithms. Security is provided by the
cryptographic algorithms, as well as via the use of a customer-selected
PIN.

The talk will provide an overview of InternetCash, with an insight to
both the advantages and the hurdles of an electronic cash system which
contains a physical part - in this case a pre-paid InternetCash card.
Security and anonymity will be discussed, as well as future enhancements
and ways in which InternetCash's infrastructure can be used for other
Internet payment methods - most notably debit cards.


Dr. Yiannis Tsiounis is the Chief Technology Officer of InternetCash.com,
Inc., since May '99, where he is responsible for the design,
architecture, development and deployment of secure and anonymous
e-commerce systems. Previously, Dr. Tsiounis was a Senior Member of
Technical Staff at GTE Laboratories, Inc., since '95. There he initiated
and was responsible for the design and development of smart-card based
electronic payment systems, and the design of algorithms and standards
for cellular phone authentication and encryption. Dr. Tsiounis holds a
Ph.D. in Cryptography (electronic cash) and a M.Sc. in Computer Science
(computer networks) from Northeastern University, Boston, MA; and a BA in
Applied Mathematics from University of Athens. He is publishing in
Cryptography and Security conferences worldwide, and has submitted
patents in electronic cash.



This meeting of the Digital Commerce Society of Boston will be held on
Tuesday, May 2nd, 2000, from 12pm - 2pm at the Downtown Branch of the
Harvard Club of Boston, on One Federal Street. The price for lunch is
$35.00. This price includes lunch, room rental, A/V hardware if
necessary, and the speakers' lunch. The Harvard Club has relaxed its
dress code, which is now "business casual", meaning no sneakers or jeans.
Fair warning: since we purchase these luncheons in advance, we will be
unable to refund the price of your meal if the Club finds you in
violation of what's left of its dress code.


We need to receive a company check, or money order, (or, if we *really*
know you, a personal check) payable to "The Harvard Club of Boston", by
Saturday, April 29th, or you won't be on the list for lunch. Checks
payable to anyone else but The Harvard Club of Boston will have to be
sent back.

Checks should be sent to Robert Hettinga, 44 Farquhar Street, Boston,
Massachusetts, 02131. Again, they *must* be made payable to "The Harvard
Club of Boston", in the amount of $35.00. Please include your e-mail
address so that we can send you a confirmation

If anyone has questions, or has a problem with these arrangements (We've
had to work with glacial A/P departments more than once, for instance),
please let us know via e-mail, and we'll see if we can work something
out.


Upcoming speakers for DCSB are:

June    TBA
July    NO MEETING:     (4th of July and Tall Ships)
August  Bruce Schneier  TBA

We are actively searching for future speakers. If you are in Boston on
the first Tuesday of the month, are a principal in digital commerce, and
would like to make a presentation to the Society, please send e-mail to
the DCSB Program Committee, care of Robert Hettinga, <mailto:
[EMAIL PROTECTED]>.


For more information about the Digital Commerce Society of Boston, send
"info dcsb" in the body of a message to <mailto: [EMAIL PROTECTED]> .
If you want to subscribe to the DCSB e-mail list, send "subscribe dcsb"
in the body of a message to <mailto: [EMAIL PROTECTED]> .
We look forward to seeing you there!

Cheers,
R. A. Hettinga
Moderator,
The Digital Commerce Society of Boston

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-- 
-----------------
R. A. Hettinga <mailto: [EMAIL PROTECTED]>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

For help on using this list (especially unsubscribing), send a message to
"[EMAIL PROTECTED]" with one line of text: "help".

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-- 
-----------------
R. A. Hettinga <mailto: [EMAIL PROTECTED]>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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