A Novel Peer-to-peer Payment Protocol


This paper presents a novel secure, anonymous and practical payment protocol for Peer-to-Peer commerce transactions, designed to enable every user to both buy and sell items. The protocol uses electronic cash for payment transactions. This new protocol provides consumers with full anonymity since it prevents the user from providing his/her credit card number and personal data. It is suitable for micro-payments (under 1 Euro) as well as macro-payments using cutting edge technologies in security algorithms.

Keywords: peer-to-peer, e-payment, anonymous payment.

  • P. Daras, D. Palaka, V. Giagourta, D. Bechtsis, K. Petridis, M. G. Strintzis, "A Novel Peer-to-peer Payment Protocol", IEEE EUROCON 2003, International Conference on Computer as a Tool (Invited paper), Ljubljana, Slovenia, September 2003

  • Visual Computing Lab

    The focus of the Visual Computing Laboratory is to develop new algorithms and architectures for applications in the areas of 3D processing, image/video processing, computer vision, pattern recognition, bioinformatics and medical imaging.

    Contact Information

    Dr. Petros Daras, Principal Researcher Grade Α
    1st km Thermi – Panorama, 57001, Thessaloniki, Greece
    P.O.Box: 60361
    Tel.: +30 2310 464160 (ext. 156)
    Fax: +30 2310 464164
    Email: daras@iti.gr