Secure E-Auction System Using Blockchain: UAE Case Study

Qusa, Hani; Tarazi, Jumana; Akre, Vishwesh

doi:10.1109/aset48392.2020.9118213

Cited by 11 publications

(8 citation statements)

References 16 publications

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“…After 2008, the emergence of blockchain technology opened up new study paths for online auctions. Scholars have investigated the integration of blockchain into online auctions [5,6,7,10,14,15,16], with some success. Xiong et al [10] presented a revocable ring signature-based conditional privacy-preserving auction protocol in which only RM(Registration manager) and AM(Auction manager) work together to expose the true bidder.…”

Section: Related Workmentioning

confidence: 99%

“…Lee et al [6] used smart contracts and reputation algorithms to develop new auction protocols on blockchain networks, but a key flaw in the plan is that it does not prioritize user privacy. By limiting participant coalitions, Qusa et al [16] sought to improve the e-auction system of UAE(United Arab Emirates), however, the protocol fell short of anonymity and unlinkability. Huang et al [7] offered an anonymous bidding protocol that uses R-LRRS ring signatures to ensure anonymity, lowers disagreements through two-way confirmation, and prevents the development of dishonest bids by asking players to pay a deposit.…”

Section: Related Workmentioning

confidence: 99%

“…The related studies [5,6,10,14,15,16,18] have been crucial in advancing the online auction market and guiding it in the expected direction. Table 1 shows the comparison between the existing online English auction schemes.…”

Section: Related Workmentioning

confidence: 99%

“…The adoption of blockchain technology can address issues with user privacy, fraud, and fair transactions in online auctions. Numerous academics have researched the use of blockchain in online auctions [5,6,7,10,14,15,16]. The use of blockchain in auctions increases people's trust and enthusiasm for online auctions.…”

Section: Introductionmentioning

confidence: 99%

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An anonymous and fair auction system based on blockchain

Weng

et al. 2023

J Supercomput

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Transaction volumes are growing rapidly, demonstrating how well-liked online auctions are with shoppers. Bidders can access a wider variety of products and sellers can reach a larger audience through online auction platforms. However, privacy concerns have reduced users' trust in auction platforms, and difficult disputes have caused consumers to question the fairness of online auctions, negatively impacting the market growth. The emergence of blockchain technology has brought a new approach to solving these problems. Blockchain is a new generation of information technology that is decentralized, transparent, traceable, anti-tampering, and unforgeable, following big data, cloud computing, and artificial intelligence. In this paper, we present a blockchain-based online auction solution as well as an auction protocol that uses ring signatures to guarantee anonymity. Three features summarize this essay: (1) Making use of blockchain technology to ensure that the auction transaction process is transparent, traceable, tamper-proof, and unforgeable.(2) The ring signature-based anonymous auction protocol allows for the concealment of bidders' public keys in a group of public keys. Because malicious individuals are prevented from evaluating data by tracking numerous transactions of a single public key, this significantly protects the privacy of bidders. (3) The proposed scheme promotes auction fairness and effectively resolves disputes.

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Section: Related Workmentioning

confidence: 99%

Section: Related Workmentioning

confidence: 99%

Section: Related Workmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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An anonymous and fair auction system based on blockchain

Weng

et al. 2023

J Supercomput

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“…Moreover, software agents support automated diversity of actions, especially actions that consume time, and thus they reduce the cost of the transaction [52][53][54]. However, software agents vary from "traditional" social and personalized software that are always working in a semiautonomous situation.…”

Section: Introductionmentioning

confidence: 99%

A Secure E-commerce Environment Using Multi-agent System

Hussien¹,

Rahma²,

Wahab³

2022

Intelligent Automation &Amp; Soft Computing

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Providing security for the customers in the e-commerce system is an essential issue. Providing security for each single online customer at the same time is considered a time consuming process. For a huge websites such task may cause several problems including response delay, losing the customer orders and system deadlock or crash, in which reduce system performance. This paper aims to provide a new prototype structure of multi agent system that solve the problem of providing security and avoid the problems that may reduce system performance. This is done by creating a software agent which is settled into the customer device to be responsible of purchase and encryption process without the customer interfering. The proposed agent avoids the problem of deadlock (i.e., break down) and the loss of requests which provides the required protection for information transmitted among all entities. Experimental results showed that employing software agent to manage purchase and encryption tasks improve system performance by 10% and increase system response time by 30.5%.

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Blockchain-Based Sealed-Bid Domain Name Auction Protocol

Zhang

et al. 2021

Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering

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Secure E-Auction System Using Blockchain: UAE Case Study

Cited by 11 publications

References 16 publications

An anonymous and fair auction system based on blockchain

An anonymous and fair auction system based on blockchain

A Secure E-commerce Environment Using Multi-agent System

Blockchain-Based Sealed-Bid Domain Name Auction Protocol

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