all InfoSec news
Secure and Private Vickrey Auction Protocols: A Secure Multiparty Computation Approach. (arXiv:2304.14626v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
Recent attention on secure multiparty computation and blockchain technology
has garnered new interest in developing auction protocols in a decentralized
setting. In this paper, we propose a secure and private Vickrey auction
protocol that addresses the challenge of maintaining auction correctness while
preserving the confidentiality of bidders' information. Our protocol leverages
secure multiparty computation (SMPC) techniques that enable decentralized
computation of the final payment price without disclosing additional
information. The total computational complexity of our proposed protocol,
including preparation, is …
addresses attention auction blockchain challenge computation confidentiality correctness decentralized interest private protocol protocols secure multiparty computation technology