Abstract
In this paper we propose an e-commerce protocol with the following features: (1) ensures true fair exchange, (2) does not require manual dispute resolution in case of unfair behavior by any party, (3) does not require the active involvement of a trusted third party, (4) allows the customer to verify that the product he is about to receive is the one he is paying for, and (5) can be used for the fair exchange of any two digital items.
This work has been partially supported by the NSF grant EIA 9977548, and by the University of Michigan-Dearborn Faculty Research Grant and Summer Research Grant.
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Ray, I., Ray, I. (2000). An Optimistic Fair Exchange E-commerce Protocol with Automated Dispute Resolution. In: Bauknecht, K., Madria, S.K., Pernul, G. (eds) Electronic Commerce and Web Technologies. EC-Web 2000. Lecture Notes in Computer Science, vol 1875. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-44463-7_8
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DOI: https://doi.org/10.1007/3-540-44463-7_8
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