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A New Peer-to-Peer Micropayment Protocol Based on Transferable Debt Token

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Part of the book series: Lecture Notes in Computer Science ((TCOMPUTATSCIE,volume 6340))

Abstract

A peer-to-peer (P2P) micropayment can support practical applications that typical micropayment protocols being difficult to achieve, and has received attention recently. However, existing P2P micropayment schemes, e.g., PPay and OFPPay, may suffer from either computational overhead of frequent digital signature signing and verification, or maintenance overhead of the holder path of P2P micropayment coins. In order to overcome the aforementioned disadvantages, we propose a new P2P micropayment scheme based on the idea of transferable debt token.

This study is conducted under the “Wireless Broadband Communications Technology and Application Project” of the Institute for Information Industry which is subsidized by the Ministry of Economy Affairs of the Republic of China.

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Yen, SM., Chiou, KZ., Zhang, J., Lee, PH. (2010). A New Peer-to-Peer Micropayment Protocol Based on Transferable Debt Token. In: Gavrilova, M.L., Tan, C.J.K., Moreno, E.D. (eds) Transactions on Computational Science X. Lecture Notes in Computer Science, vol 6340. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-17499-5_14

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  • DOI: https://doi.org/10.1007/978-3-642-17499-5_14

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-17498-8

  • Online ISBN: 978-3-642-17499-5

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