Semi-device-independent quantum money

The seminal idea of quantum money, not forgeable due to laws of Quantum Mechanics, proposed by Stephen Wiesner, has laid the foundations for the Quantum Information Theory in the early ’70s. Recently, several other schemes for quantum currencies have been proposed, all, however, relying on the assumption that the quantum source device, acts according to its specification. This makes several known quantum money protocols vulnerable to the so-called hardware Trojan horse attacks. We, therefore, study the following problem: to what extent quantum money schemes can be made independent from the inner working of source and verification-devices used by the honest parties (bank and mint) in creating and processing the quantum money? Drawing inspirations from the semi-device-independent quantum key distribution protocol, we introduce the first scheme of quantum money with this assumption partially relaxed, along with the proof of its unforgeability. Finally, we formulate and discuss a quantum analog of the Oresme–Copernicus–Gresham’s law of economy, that may hold in the future.