Fair exchange under limited trust

Chihiro Ito, Mizuho Iwaihara, Yahiko Kambayashi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Citations (Scopus)

Abstract

The Internet technology encourages electronic commerce between people and/or organizations that are physically distributed in different locations, which makes it difficult to trust each other. The existing work of electronic trades have proposed protocols and mechanisms with mediation by Trusted Third Parties (TTP), on the assumption that the third parties could be trusted without reservation by each party on a trade. Such an assumption, however, is sometimes not applicable to businesses via the Internet where various parties are trading each other, and it is not practical to give infinite trust to the parties regardless of the scale or period of trades. This paper proposes the degree of trust which limits the amount of money or goods that can be sent at one time according to the risk of the parties on trades. Each of risk limits is assumed to be determined through information from credit facilities or by the decision of each party. Then we discuss the feasibility of transactions within given credit limits and propose algorithms to judge the feasibility.

Original languageEnglish
Title of host publicationLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
PublisherSpringer Verlag
Pages161-169
Number of pages9
Volume2444
ISBN (Print)9783540441106
Publication statusPublished - 2002
Externally publishedYes
Event3rd International Workshop on Technologies for E-Services, TES 2002 - Hong Kong, China
Duration: 2002 Aug 232002 Aug 24

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume2444
ISSN (Print)03029743
ISSN (Electronic)16113349

Other

Other3rd International Workshop on Technologies for E-Services, TES 2002
CountryChina
CityHong Kong
Period02/8/2302/8/24

Fingerprint

Fair Exchange
Internet
Mediation
Reservation
Electronic commerce
Electronic Commerce
Transactions
Electronics
Network protocols
Trade
Industry

ASJC Scopus subject areas

  • Computer Science(all)
  • Theoretical Computer Science

Cite this

Ito, C., Iwaihara, M., & Kambayashi, Y. (2002). Fair exchange under limited trust. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 2444, pp. 161-169). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 2444). Springer Verlag.

Fair exchange under limited trust. / Ito, Chihiro; Iwaihara, Mizuho; Kambayashi, Yahiko.

Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 2444 Springer Verlag, 2002. p. 161-169 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 2444).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Ito, C, Iwaihara, M & Kambayashi, Y 2002, Fair exchange under limited trust. in Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). vol. 2444, Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 2444, Springer Verlag, pp. 161-169, 3rd International Workshop on Technologies for E-Services, TES 2002, Hong Kong, China, 02/8/23.
Ito C, Iwaihara M, Kambayashi Y. Fair exchange under limited trust. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 2444. Springer Verlag. 2002. p. 161-169. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).
Ito, Chihiro ; Iwaihara, Mizuho ; Kambayashi, Yahiko. / Fair exchange under limited trust. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 2444 Springer Verlag, 2002. pp. 161-169 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).
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