Fairness electronic payment protocol

Authors:
Kai Fan;Yue Wang;Hui Li
Affiliations:
State Key Laboratory of Integrated Service Networks, Xidian University, Xi'an, China.;Xi'an Branch, Shaanxi Telecom Ltd., Xi'an, China.;Ministry of Education Key Laboratory of Computer Network and Information Security, Xidian University, Xi'an, China
Venue:
International Journal of Grid and Utility Computing
Year:
2012

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Abstract

Abuse-freeness is one of the most interesting new problems in the electronic payment security today. It is an effective supplementary for the fairness. It is confusing to researchers how to get real abuse-freeness in electronic payment. An abuse-freeness electronic payment protocol for real goods is proposed in this paper. The protocol has the abuse-freeness by introducing a trusted third party and using the concurrent signature and it has prevented both sides in payment to originate and terminate protocol maliciously. At the same time fairness and security are also achieved in the proposed protocol.