Introducing secured offline payments using FRoDO

Abstract

The theft of debit cards and the credit cards are common from the earlier days which is part of the cyber crime. In most of the cases attackers focus on the POS (point of sale) system and they steal the customer data. The point at which customer steals the data is known as POS. The POS is a combination of software and hardware. It allows merchants to perform the transactions and simplifies the business operations that happen day to day. POS consists of running software and these are the powerful computer systems. When the customer gets disconnected to the network we cannot assure the secure online payment. Here in this paper we introduce FRODO which enables the offline micro payments which are better compared to the POS systems. In terms of security and flexibility FRODO is the better option. The POS breaches is common now a days hence as per our knowledge the FRODO is the first approach which introduces the secure offline payments possibly reducing the cyber attacks. In this paper we describe about the algorithm of the FRODO, approaches and the architecture. In detail we discuss about the security and functional properties of the FRODO and at what extent it is viable and effective.