SECURE ONLINE AUCTION SYSTEM USING WEB APPLICATION
Mandiga Yasaswini
, S.SANJAY , M.A. ARUN
Online auction systems allow to achieve an optimal trading of digital goods and services in a competitive market. blockchain-based auctions allow the bidders to take part in the process while maintaining the confidentiality of their bids in a decentralized, transparent, secure and auditable way. However, in a competitive market, parties would prefer not to disclose their interests to competitors, and to remain anonymous during auctions. In this project, we firstly analyze the specific requirements for blockchain-based anonymous fair auctions. We propose a formal model tailored to study auction systems facilitating anonymity, and we put forward a generic protocol relying on existing cryptographic primitives, such as designated verifier ring signature, to achieve bid confidentiality and bidder anonymity. Finally, we prove it to be secure against the security model we defined.
"SECURE ONLINE AUCTION SYSTEM USING WEB APPLICATION", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.c4-c8, March-2023, Available :https://ijnrd.org/papers/IJNRD2303202.pdf
Volume 8
Issue 3,
March-2023
Pages : c4-c8
Paper Reg. ID: IJNRD_188841
Published Paper Id: IJNRD2303202
Downloads: 000118842
Research Area: Science & Technology
Country: chennai, Tamilnadu, india
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
