Optimistic protocols for fair exchange
Proceedings of the 4th ACM conference on Computer and communications security
Escrow services and incentives in peer-to-peer networks
Proceedings of the 3rd ACM conference on Electronic Commerce
Models and Protocol Structures for Software Agent Based Complex E-Commerce Transactions
EC-Web 2001 Proceedings of the Second International Conference on Electronic Commerce and Web Technologies
PPay: micropayments for peer-to-peer systems
Proceedings of the 10th ACM conference on Computer and communications security
A new peer-to-peer micropayment protocol based on transferable debt token
Transactions on computational science X
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As a decentralized technology, P2P architecture arises as a new model for distributed computing and transaction in the last few years, consequently there is a need for a scheme to incorporate payment services to enable electronic payment via P2P systems. In this paper, a new optimistic fair scheme is proposed for multi-party chained P2P transaction, which can ensure that every middleman and digital content owner can obtain the payments due to them. The disputes that might occur are analyzed and handling solution is proposed. The trusted third party need not be involved unless disputes have occurred. The optimistic payment scheme is fair, efficient, practical and suitable for multi-party chained P2P transaction.