An Efficient Electronic Cash System Based on Certificateless Group Signcryption Scheme Using Conformable Chaotic Maps

Signcryption schemes leveraging chaotic constructions have garnered significant research interest in recent years. These schemes have proffered practical solutions towards addressing the vast security vulnerabilities in Electronic Cash Systems (ECS). The schemes can seamlessly perform message confidentiality and authentication simultaneously. Still, their applications in emerging electronic cash platforms require a higher degree of complexity in design and robustness, especially as billions of online transactions are conducted globally. Consequently, several security issues arise from using open wireless channels for online business transactions. In order to guarantee the security of user information over these safety-limited channels, sophisticated security schemes are solely desired. However, the existing signcryption schemes cannot provide the required confidentiality and authentication for user information on these online platforms. Therefore, the need for certificateless group signcryption schemes (CGSS) becomes imperative. This paper presents an efficient electronic cash system based on CGSS using conformable chaotic maps (CCM). In our design, any group signcrypter would encrypt information/data with the group manager (GM) and send it to the verifier, who confirms the authenticity of the signcrypted information/data using the public criteria of the group. Additionally, the traceability, unforgeability, unlinkability, and robust security of the proposed CGSS-CCM ECS scheme have been built leveraging computationally difficult problems. Performance evaluation of the proposed CGSS-CCM ECS scheme shows that it is secure from the Indistinguishably Chosen Ciphertext Attack. Finally, the security analysis of the proposed technique shows high efficiency in security-vulnerable applications. Overall, the scheme gave superior security features compared to the existing methods in the preliminaries