Secure Electronic Sealed-Bid Auction Protocol with Public Key Cryptography

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This paper proposes a secure electronic sealed-bid auction protocol (SEAP) that provides an auction service on the Internet by combining three providers: an auction service provider, a key service provider, and a time service provider. The SEAP uses public key cryptography and the concept of a time-key certificate. The most important property of this protocol is that time-dependent security requirements can be strictly satisfied. The SEAP satisfies the following nine security requirements: (a) no one can deny having made a bid; (b) the protocol should be secure against malicious acts; (c) no bidder can act for another bidder; (d) no one can know who else is bidding until the time comes for the bids to be opened; (e) no one can discover the contents of any of the bids until the time comes for the bids,to be opened; (f) the successful bid must have been submitted before the bidding deadline; (g) all bidders can verify that the auction policy has been correctly implemented; (h) the successful bidder can be identified without being required to make himself or herself known; and (i) the bidding contents cannot be altered. The protocol consists of three subprotocols: the Registration Subprotocol, the Bidding Subprotocol, and the Auction Subprotocol. The protocol parameters and algorithm are described in detail.

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詳細情報 詳細情報について

  • CRID
    1573387452171106816
  • NII論文ID
    110003207867
  • NII書誌ID
    AA10826239
  • ISSN
    09168508
  • 本文言語コード
    en
  • データソース種別
    • CiNii Articles

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