Sealed-bid auctions with efficient bids

Toru Nakanishi, Daisuke Yamamoto, Yuji Sugiyama

Research output: Chapter in Book/Report/Conference proceedingChapter

5 Citations (Scopus)

Abstract

Efficient general secure multiparty computation (MPC) protocols were previously proposed, and the combination with the efficient auction circuits achieves the efficient sealed-bid auctions with the full privacy and correctness. However, the combination requires that each bidder submits ciphertexts of bits representing his bid, and their zeroknowledge proofs. This cost amounts to about 80 multi-exponentiations in usual case that the bid size is 20 bits (i.e. about 1,000,000 bid prices). This paper proposes the sealed-bid auction protocols based on the efficient MPC protocols, where a bidder can submit only a single ciphertext. The bidder's cost is a few multi- exponentiations, and thus the proposed protocols are suitable for mobile bidders.

Original languageEnglish
Title of host publicationLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
EditorsJong In Lim, Dong Hoon Lee
PublisherSpringer Verlag
Pages230-244
Number of pages15
ISBN (Print)3540213767, 9783540213765
DOIs
Publication statusPublished - 2004

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume2971
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Keywords

  • Additive homomorphic cryptosystems
  • Mix-and-match
  • Multiparty computation (MPC)
  • Sealed-bid auction

ASJC Scopus subject areas

  • Theoretical Computer Science
  • Computer Science(all)

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