At present,the study of multi-party fair exchange protocol is very weak.Aiming at solving the problem,we present a secure and efficient multi-party fair exchange protocol with off-line semi-trusted third party on the basis of Zheng scheme.
Fair multi-party exchange protocol is one of the foundation electronic commerce, but at present, the study of multi-party fair exchange protocol is very weak. Aiming at solving this problem, we present a secure and efficient ID-based fair multi-party exchange protocol with off-line semi-trusted third party. Application of multi-receiver identity-based encryption and PVSS scheme ensure security and efficiency of this new protocol. And it applied to multi-party certified e-mail exchange in network environment.
The difference between the fair exchange protocols and the non-repudiation protocols is proposed. Based on the publicly verifiable secret sharing scheme and group encryption scheme, a new multi-party fair exchagne protocol with an off-line semi-Trusted Third Party(off-STTP) is presented. The off-STTP who need not be completely trusted intervenes into the exchange in case of trouble. That the off-STTP can only decipher a sub-secret key makes sure the confidentiality of exchange data and the true fairness of the barter. The participants can barter with others at their will and the exchange topology is unknown to others including the off-STTP.
Based on a short signature scheme and discrete logarithm problem,a new fair exchange protocol with the off-line semi-Trusted Third Party(TTP) is proposed.The off-line semi-TTP intervenes into the protocol in case of trouble,which makes the fair exchange optimistic.The off-line TTP need not be completely trusted,since it can get neither signature exchanged when disputation is solved.Because this protocol is based on short signature,which needs low storage and little communication,it can be used in low-bandwidth communication and low-storage environments.