Abstract: Cryptography, Image watermarking and E-banking are
filled with apparent oxymora and paradoxes. Random sequences are
used as keys to encrypt information to be used as watermark during
embedding the watermark and also to extract the watermark during
detection. Also, the keys are very much utilized for 24x7x365
banking operations. Therefore a deterministic random sequence is
very much useful for online applications. In order to obtain the same
random sequence, we need to supply the same seed to the generator.
Many researchers have used Deterministic Random Number
Generators (DRNGs) for cryptographic applications and Pseudo
Noise Random sequences (PNs) for watermarking. Even though,
there are some weaknesses in PN due to attacks, the research
community used it mostly in digital watermarking. On the other hand,
DRNGs have not been widely used in online watermarking due to its
computational complexity and non-robustness. Therefore, we have
invented a new design of generating DRNG using Pi-series to make it
useful for online Cryptographic, Digital watermarking and Banking
applications.