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Fair Auction System using Public Key Cryptosystem: a business model

IP.com Disclosure Number: IPCOM000013059D
Original Publication Date: 2001-Jun-01
Included in the Prior Art Database: 2003-Jun-12

Publishing Venue

IBM

Abstract

Disclosed is a method on construction of a fair auction system using a Public Key Cryptosystem. This method simulates on the Internet the traditional "auction box" method. Auction