The authenticated key exchange (AKE) protocol can ensure secure communication between a client and a server in the electricity transaction of the Energy Internet of things (EIoT). Park proposed a two-factor authentication protocol 2PAKEP, whose computational burden of authentication is evenly shared by both sides. However, the computing capability of the client device is weaker than that of the server. Therefore, based on 2PAKEP, we propose an authentication protocol that transfers computational tasks from the client to the server. The client has fewer computing tasks in this protocol than the server, and the overall latency will be greatly reduced. Furthermore, the security of the proposed protocol is analyzed by using the ROR model and GNY logic. We verify the low-latency advantage of the proposed protocol through various comparative experiments and use it for EIoT electricity transaction systems in a Metaverse scenario.
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