Multi-Party Fair Exchange with an Off-Line Trusted Neutral Party

  • Authors:
  • Feng Bao;Robert Deng;Khanh Quoc Nguyen;Vijay Varadharajan

  • Affiliations:
  • -;-;-;-

  • Venue:
  • DEXA '99 Proceedings of the 10th International Workshop on Database & Expert Systems Applications
  • Year:
  • 1999

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Abstract

Recently developed cryptographic techniques [2, 4, 6, 14] make it possible to construct fair exchange protocols with an off-line trusted third party(TTP). The technique is referred to as a verifiable encryption scheme(VES) proves that a ciphertext is the result of the encryption of a specified value without revealing this value. In this paper we apply the technique to multi-party fair exchange (MPFE) protocols which leads to the trusted neutral party(TNP, it is not the third party in multi-party protocols) involved in the protocol to be off-line. Multi-party fair exchange has been studied in [1] and [11] where the TNP is on-line. For off-line TNP-based MPFE, the concern is different from that of on-line TNP MPFE. We give a definition of fairness of the MPFE with an off-line TNP. We then present our MPFE protocol and prove its fairness.