Reliable OSPM schema for secure transaction using mobile agent in micropayment system

Kiran, Nahida; Kumar, Gaurav

doi:10.1109/icccnt.2013.6726503

Cited by 6 publications

(5 citation statements)

References 16 publications

(10 reference statements)

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“…Dr. Chitra Kiran et al [19] have presented a previous study that looked at the implications of a secure micropayment system that used process-oriented structural design in a mobile network. To provide reliable and secure o ine transactions in mobile commerce, the prior system made extensive use of SPKI and hash chaining.…”

Section: Existing Workmentioning

confidence: 99%

Insights of Security Approach on Payment System using Blockchain

2022

Preprint

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Blockchain-based crypto currencies have recently attracted a lot of attention due to their potential uses in a variety of fields. One of these applications is the IoT area, which can use crypto currencies for micropayments without losing their payment privacy. However, the popularity of crypto currency-based micropayments is hampered by long transaction confirmation times and relatively high costs. Payment channel networks are one of the proposed methods to overcome these issues, in which nodes create payment channels without publishing to the blockchain. As long as IoT devices can sustain their overhead, they can benefit from such payment networks. When it comes to the routing difficulty, payment channel networks have their own set of characteristics. They should, in particular, maintain a balanced network in order to continue payments for extended periods of time, which is critical for IoT devices once they are installed. In this study, This paper offer a payment channel network design that uses a common weight strategy across the network to maintain the channels balanced. For unbalanced payment scenarios, we also recommend establishing multipoint connections to nodes for each IoT device. In comparison to the minimal fee approach, the experiment results suggest that keep the network channels more evenly balanced. Furthermore, various connections from IoT devices to the nodes enhance the success ratio significantly.

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Section: Existing Workmentioning

confidence: 99%

Insights of Security Approach on Payment System using Blockchain

2022

Preprint

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“…In [43] and [44] Chitra K and N. Kumar presented a reliable and secure micropayment mechanism. In paper [43] author designed a robust and secured micropayment system architecture for the wireless network.…”

Section: Related Workmentioning

confidence: 99%

“…For the security process, the author utilized the hash chaining approach, and simple public key cryptosystem which facilitates secure routing during m-transaction also offer an efficient method for digital coin system. Whereas in the paper [44], the authors presented an extended version of the previous study that addressed the security implications of a micropayment system using a mobile agent. As compared to the previous study, this paper has challenged to offer reliable and secure lightweight approach for offline payment method in m-commerce system.…”

Section: Related Workmentioning

confidence: 99%

A Critical Analysis on the Evolution in the E-Payment System, Secuiry Risk, Threats and Vulnerability

Yomas¹,

Kiran²

2018

CAE

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At present, payment system through the internet has been trending at the furious pace. There are different ways and varieties of e-payment systems are existing to facilitate ease of transaction at the most active security level. However, parallelly the cyber-attacks strategies are growing at the advanced level as security protocols. In this research study, have analyzing the evolution of e-payment system and its terminology followed by different conventional e-payment mechanisms. Also demonstrates lack of security provisions and solution strategies. The main contribution of the present survey study is providing the landscape of digital e-payment system and its opportunities for future e-commerce systems. In the last, have briefly discussing and analyzing the fraudulent transaction rates which will become the benchmark for the development of secure epayment system.

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“…Off-line NFC payments with electronic vouchers [39] " • • An anonymous fair off-line micro-payments scheme [40] " • • Robust m-commerce payment system [41] " • • Fair offline digital content transaction system [42] " • • Improved off-line electronic cash scheme [18] " • • User efficient recoverable off-line e-cash [43] " • • Off-line electronic cash scheme [44] " • • Reliable offline secure payment in mobile Commerce [45] " • • Providing security for e-wallet using e-cheque [46] " • • Efficient and practical fair buyer-anonymity exchange scheme [16] " • • Fully off-line secure credits for mobile micro-payments [8] " • • FRoDO-Fraud Resilient Device for Off-line micro-payments "…”

Section: Security Analysismentioning

confidence: 99%

“…Nowadays, many different off-line secure payment schemes have been proposed such as [39], [45], and [18]. These solutions try to guarantee basic security requirements such as double spending resiliency, coin forgery resiliency, and transaction anonymity.…”

Section: Data Breach Resiliencymentioning

confidence: 99%

FRoDO: Fraud Resilient Device for Off-Line Micro-Payments

Daza

Pietro²,

Lombardi³

et al. 2016

IEEE Trans. Dependable and Secure Comput.

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Credit and debit card data theft is one of the earliest forms of cybercrime. Still, it is one of the most common nowadays. Attackers often aim at stealing such customer data by targeting the Point of Sale (for short, PoS) system, i.e. the point at which a retailer first acquires customer data. Modern PoS systems are powerful computers equipped with a card reader and running specialized software. Increasingly often, user devices are leveraged as input to the PoS. In these scenarios, malware that can steal card data as soon as they are read by the device has flourished. As such, in cases where customer and vendor are persistently or intermittently disconnected from the network, no secure on-line payment is possible. This paper describes FRoDO, a secure off-line micro-payment solution that is resilient to PoS data breaches. Our solution improves over up to date approaches in terms of flexibility and security. To the best of our knowledge, FRoDO is the first solution that can provide secure fully off-line payments while being resilient to all currently known PoS breaches. In particular, we detail FRoDO architecture, components, and protocols. Further, a thorough analysis of FRoDO functional and security properties is provided, showing its effectiveness and viability.

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Reliable OSPM schema for secure transaction using mobile agent in micropayment system

Cited by 6 publications

References 16 publications

Insights of Security Approach on Payment System using Blockchain

Insights of Security Approach on Payment System using Blockchain

A Critical Analysis on the Evolution in the E-Payment System, Secuiry Risk, Threats and Vulnerability

FRoDO: Fraud Resilient Device for Off-Line Micro-Payments

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