Distributed marketplaces using P2P networks and public-key cryptography

Authors:
Alessio Signorini;Antonio Gulli;Alberto Maria Segre
Affiliations:
University of Iowa, IA;Ask.com R&D Pisa, Italy;University of Iowa, IA
Venue:
Proceedings of the 3rd international conference on Scalable information systems
Year:
2008

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Abstract

In the last years the Internet has deeply changed the business world and introduced many new opportunities. Every day billions of dollars are spent in on-line services and electronic transactions among users all over the world. Travel agencies, on-line shops and on-line banking are probably the most popular services nowadays, together with auction websites like Amazon or eBay. Unfortunately, maintaining such services with a centralized architecture is very difficult and expensive. In this paper we introduce a possible architecture for a decentralized marketplace like eBay, that uses an existing P2P networks and well-known cryptographic methods to support secure exchanges and user reputations tracking.