Modular Fair Exchange Protocols for Electronic Commerce

  title={Modular Fair Exchange Protocols for Electronic Commerce},
  author={Holger Vogt and Henning Pagnia and Felix C. Freiling},
Recently, research has focused on enabling fair exchange between payment and electronically shipped items. The reason for this is the growing importance of Electronic Commerce and the increasing number of applications in this area. Although a considerable number of fair exchange protocols exist, they usually have been defined for special scenarios and thus only work under particular assumptions. Furthermore, these protocols provide different degrees of fairness and cause different communication… CONTINUE READING