• KSII Transactions on Internet and Information Systems
    Monthly Online Journal (eISSN: 1976-7277)

Provable Secure Brand-new Multi-auction Mechanism with Dynamic Identity

Vol. 10, No.12, December 31, 2016
10.3837/tiis.2016.12.025, Download Paper (Free):

Abstract

Different from traditional auctions, electronic auctions provide a platform to allow bidders and auctioneers merchandise to each other over network anytime and anywhere. Auctioneers can publish information of goods, and bidders can choose the interested targets through this bidding platform. To ensure the fairness and security of electronic auctions, Li et al. have proposed a practical electronic auction scheme which can confirm the requirement of strong anonymity, bidding privacy, and secret bidding price. However, we have found out that Li et al.’s scheme may lurk the risk of the denial-of-service attack during the bidding phase in a sealed-bid auction. Thus, we propose a brand-new sealed-bid auction mechanism, in which the essentials of e-auction can be firmly preserved. In particular, each bidder only needs to register at the center once and then can join to multiple plays launched by different auc-tioneers. Moreover, the correctness of mutual authentication is confirmed according to the BAN logic model.


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Cite this article

[IEEE Style]
Jung-San Lee, Kuo-Jui Wei, Ying-Chin Chen and Yun-Hsiang Sun, "Provable Secure Brand-new Multi-auction Mechanism with Dynamic Identity," KSII Transactions on Internet and Information Systems, vol. 10, no. 12, pp. 6179-6205, 2016. DOI: 10.3837/tiis.2016.12.025

[ACM Style]
Lee, J., Wei, K., Chen, Y., and Sun, Y. 2016. Provable Secure Brand-new Multi-auction Mechanism with Dynamic Identity. KSII Transactions on Internet and Information Systems, 10, 12, (2016), 6179-6205. DOI: 10.3837/tiis.2016.12.025