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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
Call For Paper - Volume 12 | Issue 7 | Month- July 2024
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Published Paper Details:
Paper Title
Exploring A Cryptographic Sollution in Blockchain for Privacy and Preserving Auction System
Authors
Mavilla Pavithra, Mr.A.J.Rajasekhar
Keywords
Blockchain, DME
Abstract
This paper addresses the privacy concerns in blockchain-based bidding systems, where bidding records, once stored, become immutable and visible only to the bidder and seller. However, this security measure falls short in cases of coercion, potentially compromising user privacy. To mitigate this, we introduce Deniable Matchmaking Encryption (DME), enhancing privacy by providing deniability for both messages and identities. Utilizing the chameleon hash function, our scheme ensures that fake messages and identities are indistinguishable from real ones. As an extension, our modified DME algorithm enables all bidders to decrypt and view the winning notification, safeguarding both the winner's identity and the transparency of the bidding process, thereby preserving user privacy while maintaining system integrity.
IJCRT's Publication Details
Unique Identification Number - IJCRT2405063
Paper ID - 259110
Page Number(s) - a545-a550
Pubished in - Volume 12 | Issue 5 | May 2024
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
Mavilla Pavithra, Mr.A.J.Rajasekhar, "Exploring A Cryptographic Sollution in Blockchain for Privacy and Preserving Auction System", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 5, pp.a545-a550, May 2024, Available at :http://www.ijcrt.org/papers/IJCRT2405063.pdf
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Volume 12 | Issue 7
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
ISSN and 7.97 Impact Factor Details
ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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