A Fair Non-Transfer Exchange Protocol

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Executive Summary

Network exchange is now widely used. However, it still cannot avoid the problems evolving from network exchange. For example, a buyer may not receive the order even if he/she makes the payment. For another example, the seller possibly get nothing even when the merchandise is sent. Some studies about the fair exchange have proposed protocols for the design of efficiency and exploited the signature property to specify that two parties agree on the exchange. The information about purchased item and price are disclosed in this way. This paper proposes a new fair network payment protocol with off-line trusted third party. The proposed protocol can protect the buyers' purchase message from being traced.

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