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An Optimistic Fair Protocol for P2P Chained Transaction

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Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 3818))

Abstract

As a decentralized technology, P2P architecture arises as a new model for distributed computing and transaction in the last few years, consequently there is a need for a scheme to incorporate payment services to enable electronic payment via P2P systems. In this paper, a new optimistic fair scheme is proposed for multi-party chained P2P transaction, which can ensure that every middleman and digital content owner can obtain the payments due to them. The disputes that might occur are analyzed and handling solution is proposed. The trusted third party need not be involved unless disputes have occurred. The optimistic payment scheme is fair, efficient, practical and suitable for multi-party chained P2P transaction.

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© 2005 Springer-Verlag Berlin Heidelberg

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Liu, Y., Fu, J., Zhang, H. (2005). An Optimistic Fair Protocol for P2P Chained Transaction. In: Grumbach, S., Sui, L., Vianu, V. (eds) Advances in Computer Science – ASIAN 2005. Data Management on the Web. ASIAN 2005. Lecture Notes in Computer Science, vol 3818. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11596370_13

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  • DOI: https://doi.org/10.1007/11596370_13

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-30767-9

  • Online ISBN: 978-3-540-32249-8

  • eBook Packages: Computer ScienceComputer Science (R0)

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