Optimizing One Fair Document Exchange Protocol
This addresses secure and fair document exchange for parties needing trust in transactions, but it appears incremental as it builds on existing protocols with efficiency improvements.
The paper tackles the problem of fair document exchange between two parties by proposing a protocol that uses verifiable and recoverable encryption of a document's key, ensuring verification and recovery via a Semi Trusted Third Party in case of misbehavior, and it is more efficient with only three messages compared to related protocols.
This paper presents an efficient fair document exchange protocol. The exchange of the documents will be between two parties. The protocol is based on the verifiable and recoverable encryption of a document's key. This verifiable and recoverable encryption of the document's key will allow one party to verify the encrypted key. It will also ensure this party that the Semi Trusted Third Party will be able to recover the key if the other party misbehaves. The protocol also incorporates the concept of enforcing the honesty of one party. The proposed protocol consists of only three messages and is more efficient than related protocols.