An Optimistic Fair Exchange E-commerce Protocol with Automated Dispute Resolution

@inproceedings{Ray2000AnOF,
  title={An Optimistic Fair Exchange E-commerce Protocol with Automated Dispute Resolution},
  author={Indrakshi Ray and Indrajit Ray},
  booktitle={EC-Web},
  year={2000}
}
In this paper we propose an e-commerce protocol with the following features: (1) ensures true fair exchange, (2) does not require manual dispute resolution in case of unfair behavior by any party, (3) does not require the active involvement of a trusted third party, (4) allows the customer to verify that the product he is about to receive is the one he is paying for, and (5) can be used for the fair exchange of any two digital items. 
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