4P_VES: A collusion-resistant accountable virtual economy system

Hong Zhang, Xiaolei Dong, Zhenfu Cao, Jiachen Shen

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Virtual economy develops rapidly and accounts for quite a large proportion in the entire economy. Markets of virtual goods, such as games, apps and cloud services, are quite active and contribute a lot to the revenue of platforms and providers. The existing virtual economy systems mainly rely on the trustworthiness of the platforms who maintain the accounts of all participants, which is short of transparency. Another concern is how to maintain the market order when conspiracy between participants happens. In this paper, we extend the Verito scheme (NDSS 2013) and introduce a new participant Payment to obtain our 4P VES scheme, in which collusion between two parties can be detected while satisfying required properties of transparency and accountability at the same time. We also analyze the properties and prove the security of our scheme. Finally, we evaluate the additional cost compared with Verito and find that our scheme is a cost affordable and practical one which enhances the system’s independency and security.

Original languageEnglish
Title of host publicationInformation and Communications Security - 16th International Conference, ICICS 2014, Revised Selected Papers
EditorsLucas C.K. Hui, S.M. Yiu, S.H. Qing, Elaine Shi
PublisherSpringer Verlag
Pages61-73
Number of pages13
ISBN (Print)9783319219653
DOIs
StatePublished - 2015
Event16th International Conference on Information and Communications Security, ICICS 2014 - Hong Kong, China
Duration: 16 Dec 201417 Dec 2014

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume8958
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference16th International Conference on Information and Communications Security, ICICS 2014
Country/TerritoryChina
CityHong Kong
Period16/12/1417/12/14

Keywords

  • Dynamic accumulator
  • E-coin
  • Homomorphic commitment
  • Virtual economy

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