BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness

Electronic auction is a popular platform to sell goods, task assignment, and resources’ allocation due to reductions of transaction costs and has attracted a huge number of potential buyers. However, it is challenging to address the disputes between the buyer and the auctioneer. The main reason is,...

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Autores principales: Ke Huang, Yi Mu, Fatemeh Rezaeibagha, Zheyuan He, Xiaosong Zhang
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Lenguaje:EN
Publicado: Hindawi-Wiley 2021
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Acceso en línea:https://doaj.org/article/d9bc84cb32d543929c2a0773aaa08496
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spelling oai:doaj.org-article:d9bc84cb32d543929c2a0773aaa084962021-11-15T01:19:59ZBA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness1939-012210.1155/2021/6690766https://doaj.org/article/d9bc84cb32d543929c2a0773aaa084962021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/6690766https://doaj.org/toc/1939-0122Electronic auction is a popular platform to sell goods, task assignment, and resources’ allocation due to reductions of transaction costs and has attracted a huge number of potential buyers. However, it is challenging to address the disputes between the buyer and the auctioneer. The main reason is, on the one hand, solving such problem leverages to the broad domain of research aspects, such as economic theory, engineering, and cryptography, and, on the other hand, it is difficult to arbitrate in a decentralized and anonymous setting. In this work, we consider a more general framework to solve the potential disputes by enforcing bidirectional confirmation and public verification. Hence, the bidding procedure is clear to inspect and potential disputes can be erased. To achieve this goal, we propose policy-driven chameleon hash and revised linkable-and-redactable ring signature as building blocks. We used these two tools to build a bidirectional and anonymous auction protocol called BA2P. In our BA2P protocol, the bidders can competitively and anonymously place their bids to outbid others. At the end of the auction protocol, everyone can verify the validity of the bidding proof and decide the winner. Thus, dispute-freeness feature is achieved. The analysis suggests that our proposal is provably secure and practically efficient, and it trades some efficiencies with dispute-freeness feature.Ke HuangYi MuFatemeh RezaeibaghaZheyuan HeXiaosong ZhangHindawi-WileyarticleTechnology (General)T1-995Science (General)Q1-390ENSecurity and Communication Networks, Vol 2021 (2021)
institution DOAJ
collection DOAJ
language EN
topic Technology (General)
T1-995
Science (General)
Q1-390
spellingShingle Technology (General)
T1-995
Science (General)
Q1-390
Ke Huang
Yi Mu
Fatemeh Rezaeibagha
Zheyuan He
Xiaosong Zhang
BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
description Electronic auction is a popular platform to sell goods, task assignment, and resources’ allocation due to reductions of transaction costs and has attracted a huge number of potential buyers. However, it is challenging to address the disputes between the buyer and the auctioneer. The main reason is, on the one hand, solving such problem leverages to the broad domain of research aspects, such as economic theory, engineering, and cryptography, and, on the other hand, it is difficult to arbitrate in a decentralized and anonymous setting. In this work, we consider a more general framework to solve the potential disputes by enforcing bidirectional confirmation and public verification. Hence, the bidding procedure is clear to inspect and potential disputes can be erased. To achieve this goal, we propose policy-driven chameleon hash and revised linkable-and-redactable ring signature as building blocks. We used these two tools to build a bidirectional and anonymous auction protocol called BA2P. In our BA2P protocol, the bidders can competitively and anonymously place their bids to outbid others. At the end of the auction protocol, everyone can verify the validity of the bidding proof and decide the winner. Thus, dispute-freeness feature is achieved. The analysis suggests that our proposal is provably secure and practically efficient, and it trades some efficiencies with dispute-freeness feature.
format article
author Ke Huang
Yi Mu
Fatemeh Rezaeibagha
Zheyuan He
Xiaosong Zhang
author_facet Ke Huang
Yi Mu
Fatemeh Rezaeibagha
Zheyuan He
Xiaosong Zhang
author_sort Ke Huang
title BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
title_short BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
title_full BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
title_fullStr BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
title_full_unstemmed BA2P : Bidirectional and Anonymous Auction Protocol with Dispute-Freeness
title_sort ba2p : bidirectional and anonymous auction protocol with dispute-freeness
publisher Hindawi-Wiley
publishDate 2021
url https://doaj.org/article/d9bc84cb32d543929c2a0773aaa08496
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AT yimu ba2pbidirectionalandanonymousauctionprotocolwithdisputefreeness
AT fatemehrezaeibagha ba2pbidirectionalandanonymousauctionprotocolwithdisputefreeness
AT zheyuanhe ba2pbidirectionalandanonymousauctionprotocolwithdisputefreeness
AT xiaosongzhang ba2pbidirectionalandanonymousauctionprotocolwithdisputefreeness
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