This book constitutes the thoroughly revised post-conference proceedings of the Second International Conference on Financial Cryptography, FC '98, held in Anguilla, British West Indies, in February 1998. The 28 revised papers presented were carefully selected and improved beyond the versions presented at the meeting. The book presents the state of the art in research and development in financial cryptography and addresses all current topics such as electronic payment systems, digital cash, electronic commerce, digital signatures, payment transactions, revocation and validation, WWW commerce, trust management systems, and watermarking.