t-Private and t-Secure Auctions

In most of the used auction systems the values of bids are known to the auctioneer. This allows him to manipulate the outcome of the auction. Hence, one is interested in hiding these values. Some cryptographically secure protocols for electronic auctions have been presented in the last decade. Our work extends these protocols in several ways. Based on garbled circuits, i.e., encrypted circuits, we present protocols for sealed-bid auctions that fulfill the following requirements:

• Type: Journal
• Year: 2008
• Where: JCST
• Authors: Markus Hinkelmann, Andreas Jakoby, Peer Stechert
• Keywords: Auctions, JCST 2008, Secure Protocols, Used Auction Systems