Title: A generalised model of e-trading for gradual secret release fair exchange protocol

Authors: Debajyoti Konar, Chandan Mazumdar

Addresses: West Bengal University of Technology, Saltlake, Kolkata 700 064, India. ' Department of Computer Science and Engineering, Jadavpur University, Kolkata 700 032, India

Abstract: In this article, we propose a generalised model of e-trading for the development of gradual secret release fair exchange protocols. Based on the model, the methodology is narrated to implement e-trading protocols that ensure fairness in true sense without using an additional trusted third party for which either party has to pay. The model provides the scope to include the correctness of the product, money atomicity and customer|s anonymity properties within e-trading protocol. We conclude this article by indicating the area of applicability for the proposed model.

Keywords: customer anonymity; e-trading; electronic security; fair exchange protocols; gradual secret release; money atomicity; product correctness; fairness; electronic trading; electronic commerce; e-commerce.

DOI: 10.1504/IJESDF.2009.023880

International Journal of Electronic Security and Digital Forensics, 2009 Vol.2 No.1, pp.101 - 111

Published online: 17 Mar 2009 *

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