Title :
A new secure M+1st price auction scheme
Author :
Peng, Zhang ; Xueying, Ma ; Chengqing, Ye ; Yanhua, Cheng
Author_Institution :
Dept. of Comput. Sci., Zhejiang Univ., Hangzhou, China
Abstract :
Security and privacy are the crucial conditions in the seal-auction design. For anonymous bid, many electronic auctions are presented recently. But up to now, the study of secure M+1st price auction is still very weak. In this paper, based on signcryption scheme, Chinese Remainder Theory (CRT) and broadcast technology, an efficient and secure M+1st price auction scheme is presented. Discussion about security and communication cost of our proposed scheme was given at the end of this paper.
Keywords :
cryptography; data privacy; digital signatures; electronic commerce; Chinese remainder theory; broadcast technology; data privacy; electronic auction; secure M+1st price auction scheme; signcryption scheme; Broadcast technology; Broadcasting; Cathode ray tubes; Computer science; Computer security; Costs; Cryptography; Digital signatures; Internet; Privacy; Chinese Remainder Theory (CRT); M+1; broadcast; signcryption scheme;
Conference_Titel :
Systems, Man and Cybernetics, 2005 IEEE International Conference on
Print_ISBN :
0-7803-9298-1
DOI :
10.1109/ICSMC.2005.1571545