Title :
Ownership transfer protocol
Author :
Alaraj, Abdullah M.
Author_Institution :
Dept. of Inf. Technol., Qassim Univ., Saudi Arabia
Abstract :
A buyer wants to buy merchandise (such as a car or real estate) that needs ownership transfer from the seller to the buyer. The buyer wants to be sure that their money will not be transferred to the seller unless the ownership of the merchandise is transferred to them. Also, the seller wants to be sure that the ownership of the merchandise will not be transferred to the buyer unless they receive the payment. This paper presents the first protocol on ownership transfer that ensures the fairness for both the buyer and the seller.
Keywords :
cryptographic protocols; finance; merchandise ownership; ownership transfer protocol; Cryptography;
Conference_Titel :
Internet Technology and Secured Transactions (ICITST), 2010 International Conference for
Conference_Location :
London
Print_ISBN :
978-1-4244-8862-9
Electronic_ISBN :
978-0-9564263-6-9
