Skip to main content

An Optimistic Multi-party Fair Exchange Protocol with Reduced Trust Requirements

  • Conference paper
  • First Online:
Information Security and Cryptology — ICISC 2001 (ICISC 2001)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 2288))

Included in the following conference series:

Abstract

In 1999, Bao et al. proposed [6] a multi-party fair exchange protocol of electronic items with an offline trusted third party. In this protocol, a coalition including the initiator of the exchange can succeed in excluding a group of parties without the consent of the remaining entities. We show that every participant must trust the initiator of the protocol for not becoming a passive conspirator. We propose a new protocol in which the participants only need to trust the trusted third party. Moreover, under certain circumstances, if there are participants excluded from the exchange, they can prove that a problem occurred to an external adjudicator.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

ferences

  1. Martín Abadi and Roger Needham. Prudent engineering practice for cryptographic protocols. IEEE Transactions on Software Engineering, 22(1):6–15, January 1996.

    Article  Google Scholar 

  2. N. Asokan, Matthias Schunter, and Michael Waidner. Optimistic protocols for multi-party fair exchange. Research Report RZ 2892 (# 90840), IBM Research, December 1996.

    Google Scholar 

  3. N. Asokan, Victor Shoup, and Michael Waidner. Optimistic fair exchange of digital signatures. Research Report RZ 2973 (#93019), IBM Research, November 1997.

    Google Scholar 

  4. N. Asokan and Victor Shoup. Asynchronous protocols for optimistic fair exchange. In Proceedings of the 1998 Security and Privacy Symposium. IEEE, 1998.

    Google Scholar 

  5. Feng Bao, Robert H. Deng, and Wenbo Mao. Efficient and practical fair exchange protocols with off-line TTP. In RSP: 19th IEEE Computer Society Symposium on Research in Security and Privacy, Washington-Brussels-Tokyo, May 1998.

    Google Scholar 

  6. Feng Bao, Robert Deng, Kanh Quoc Nguyen, and Vijay Vardharajan. Multi-party fair exchange with an off-line trusted neutral party. In DEXA’99 Workshop on Electronic Commerce and Security, Firenze, Italy, September 1999.

    Google Scholar 

  7. Matthew K. Franklin and Michael K. Reiter. Fair exchange with a semi-trusted third party. In 4th ACM Conference on Computer and Communications Security, Zurich, Switzerland, April 1997.

    Google Scholar 

  8. Matt Franklin and Gene Tsudik. Secure group barter: Multi-party fair exchange with semi-trusted neutral parties. Lecture Notes in Computer Science, 1465, 1998.

    Google Scholar 

  9. Steve Kremer and Olivier Markowitch. A multi-party non-repudiation protocol. In Proceedings of SEC2000 conference, Beijing, China, August 2000.

    Google Scholar 

  10. Olivier Markowitch and Steve Kremer. A multi-party optimistic non-repudiation protocol. Technical Report 443, ULB, 2001. Published in the proceedings of The 3rd International Conference on Information Security and Cryptology (ICISC 2000).

    Google Scholar 

  11. Olivier Markowitch and Shahrokh Saeednia. Optimistic fair-exchange with transparent signature recovery. Technical Report 452, ULB, 2001. Published in the proceedings of the 5th International Conference: Financial Cryptography 2001 (FC01).

    Google Scholar 

  12. Jianying Zhou and Dieter Gollmann. An efficient non-repudiation protocol. In PCSFW: Proceedings of The 10th Computer Security Foundations Workshop. IEEE Computer Society Press, 1997.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2002 pringer-Verlag Berlin Heidelberg

About this paper

Cite this paper

González-Deleito, N., Markowitch, O. (2002). An Optimistic Multi-party Fair Exchange Protocol with Reduced Trust Requirements. In: Kim, K. (eds) Information Security and Cryptology — ICISC 2001. ICISC 2001. Lecture Notes in Computer Science, vol 2288. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-45861-1_20

Download citation

  • DOI: https://doi.org/10.1007/3-540-45861-1_20

  • Published:

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-43319-4

  • Online ISBN: 978-3-540-45861-6

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics