Secure Cryptographic E-Auction System
The evolution of the auction market has been on the upswing throughout the years as technology evolves at an accelerating rate. With the advanced technology nowadays, digital transformation has been applied to the auction markets as a means of transferring goods or services in an online form. El...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Indonesia
2022-11-01
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| Series: | International Journal of Technology |
| Subjects: | |
| Online Access: | https://ijtech.eng.ui.ac.id/article/view/5827 |
| _version_ | 1797965867626004480 |
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| author | Soo-Chin Tan Swee-Huay Heng |
| author_facet | Soo-Chin Tan Swee-Huay Heng |
| author_sort | Soo-Chin Tan |
| collection | DOAJ |
| description | The evolution of the
auction market has been on the upswing throughout the years as technology
evolves at an accelerating rate. With the advanced technology nowadays, digital
transformation has been applied to the auction markets as a means of
transferring goods or services in an online form. Electronic auctions enable
sellers to reach a broader range of prospective bidders and participate in the
auctions anywhere-anytime. Nevertheless, the security aspects of the e-auction
system have become the main concerns for the parties involved. Hence, a secure
cryptographic electronic auction system is proposed by employing the underlying
cryptographic schemes as the building blocks, namely, asymmetric encryption,
digital signature scheme, and hash functions. The proposed e-auction system
fulfills the security requirements, encompassing anonymity, correctness,
confidentiality, privacy, integrity, and fairness. Performance analysis has
also been performed on our proposed e-auction system. |
| first_indexed | 2024-04-11T02:06:44Z |
| format | Article |
| id | doaj.art-df9be2fc138f4314a0fffb54c717397b |
| institution | Directory Open Access Journal |
| issn | 2086-9614 2087-2100 |
| language | English |
| last_indexed | 2024-04-11T02:06:44Z |
| publishDate | 2022-11-01 |
| publisher | Universitas Indonesia |
| record_format | Article |
| series | International Journal of Technology |
| spelling | doaj.art-df9be2fc138f4314a0fffb54c717397b2023-01-03T03:03:13ZengUniversitas IndonesiaInternational Journal of Technology2086-96142087-21002022-11-011361222123010.14716/ijtech.v13i6.58275827Secure Cryptographic E-Auction SystemSoo-Chin Tan0Swee-Huay Heng1Faculty of Information Science and Technology, Multimedia University, Jalan Ayer Keroh Lama, 75450, Melaka, MalaysiaFaculty of Information Science and Technology, Multimedia University, Jalan Ayer Keroh Lama, 75450, Melaka, MalaysiaThe evolution of the auction market has been on the upswing throughout the years as technology evolves at an accelerating rate. With the advanced technology nowadays, digital transformation has been applied to the auction markets as a means of transferring goods or services in an online form. Electronic auctions enable sellers to reach a broader range of prospective bidders and participate in the auctions anywhere-anytime. Nevertheless, the security aspects of the e-auction system have become the main concerns for the parties involved. Hence, a secure cryptographic electronic auction system is proposed by employing the underlying cryptographic schemes as the building blocks, namely, asymmetric encryption, digital signature scheme, and hash functions. The proposed e-auction system fulfills the security requirements, encompassing anonymity, correctness, confidentiality, privacy, integrity, and fairness. Performance analysis has also been performed on our proposed e-auction system.https://ijtech.eng.ui.ac.id/article/view/5827asymmetric encryptiondigital signaturee-auctionsecurity |
| spellingShingle | Soo-Chin Tan Swee-Huay Heng Secure Cryptographic E-Auction System International Journal of Technology asymmetric encryption digital signature e-auction security |
| title | Secure Cryptographic E-Auction System |
| title_full | Secure Cryptographic E-Auction System |
| title_fullStr | Secure Cryptographic E-Auction System |
| title_full_unstemmed | Secure Cryptographic E-Auction System |
| title_short | Secure Cryptographic E-Auction System |
| title_sort | secure cryptographic e auction system |
| topic | asymmetric encryption digital signature e-auction security |
| url | https://ijtech.eng.ui.ac.id/article/view/5827 |
| work_keys_str_mv | AT soochintan securecryptographiceauctionsystem AT sweehuayheng securecryptographiceauctionsystem |