A protocol for verification of an auction without revealing bid values
Ben Palmer, Kris Bubendorfer, Ian S. Welch · Procedia Computer Science · 2010
Auctions have been proposed for allocating computation resources for Cloud computing. However, many security issues exist with electronic auctions including insider trading, private information revelation, bid filtering, and auctioneers lying about auction results for their own profit. Privacy preserving auction protocols use cryptographic methods to keep losing bid values secret but many have no means of verifying their black box behaviour. This paper presents a protocol that allows participants to verify that an auction has run correctly without revealing bid values of other participants while increasing the robustness of the auction protocol.