Title :
Decentralized micropayment consolidation
Author :
Chomicki, J. ; Naqvi, Sadaf
Author_Institution :
Dept. of Comput. Sci, Monmouth Univ., NJ
Abstract :
We propose a novel protocol for aggregating micropayments in a networked environment. The protocol is based on the idea of debt consolidation and is fully decentralized. We propose client server and serverless versions of the protocol. We also analyze the mathematical properties of the protocol. Finally, we show how basic cryptographic techniques can be used to support the operation of the protocol in an untrusted environment
Keywords :
client-server systems; computer networks; cryptography; financial data processing; protocols; client server version; cryptographic techniques; debt consolidation; decentralized micropayment consolidation; mathematical properties; networked environment; serverless version; untrusted environment; Application software; Computer networks; Computer science; Costs; Cryptographic protocols; Cryptography; Electronic commerce; Electronic mail; Routing; World Wide Web;
Conference_Titel :
Distributed Computing Systems, 1998. Proceedings. 18th International Conference on
Conference_Location :
Amsterdam
Print_ISBN :
0-8186-8292-2
DOI :
10.1109/ICDCS.1998.679733
