Paper 2013/537
Inter-FSP Funds Transfer Protocol
Amir Herzberg and Shay Nachmani
Abstract
The present work introduces the first decentralized secure funds transfer protocol with multiple participants. The protocol guarantees that a participant only loses money if a trusted peer happens to be corrupt. Furthermore, the loss is limited to the amount of credit given to that partner. The protocol supports expiration times for payment orders, and takes into consideration actual network queuing delays. To achieve our goals, we used several models and techniques from the Quality of Service area, to handle delays and avoid the expiration of payment orders. We provide rigorous proofs to the security requirements of the protocol.
Metadata
- Available format(s)
- Publication info
- Preprint. MINOR revision.
- Keywords
- paymantsfinanceQoSdecenteralized
- Contact author(s)
- shaynachmani @ gmail com
- History
- 2013-10-06: last of 2 revisions
- 2013-08-30: received
- See all versions
- Short URL
- https://ia.cr/2013/537
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2013/537, author = {Amir Herzberg and Shay Nachmani}, title = {Inter-{FSP} Funds Transfer Protocol}, howpublished = {Cryptology {ePrint} Archive, Paper 2013/537}, year = {2013}, url = {https://eprint.iacr.org/2013/537} }