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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Hauptverfasser: Chomicki, J., Naqvi, S., Pucci, M.F.
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Naqvi, S.
Pucci, M.F.
description 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.
doi_str_mv 10.1109/ICDCS.1998.679733
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source IEEE Electronic Library (IEL) Conference Proceedings
subjects Application software
Computer networks
Computer science
Costs
Cryptographic protocols
Cryptography
Electronic commerce
Electronic mail
Routing
World Wide Web
title Decentralized micropayment consolidation
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