Decentralized micropayment consolidation

Decentralized micropayment consolidation

We propose a novel protocol for aggregating micropayments in a networked environment. The protocol is based on the idea of debt consolidation and is fully decentralized. We propose client server and serverless versions of the protocol. We also analyze the mathematical properties of the protocol. Fin...

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Bibliographische Detailangaben
Hauptverfasser: Chomicki, J., Naqvi, S., Pucci, M.F.
Format: Tagungsbericht
Sprache:eng
Schlagworte:
Application software
Computer networks
Computer science
Costs
Cryptographic protocols
Cryptography
Electronic commerce
Electronic mail
Routing
World Wide Web
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Beschreibung
Zusammenfassung:We propose a novel protocol for aggregating micropayments in a networked environment. The protocol is based on the idea of debt consolidation and is fully decentralized. We propose client server and serverless versions of the protocol. We also analyze the mathematical properties of the protocol. Finally, we show how basic cryptographic techniques can be used to support the operation of the protocol in an untrusted environment.
ISSN:1063-6927
2575-8411
DOI:10.1109/ICDCS.1998.679733