Secure Receipt-Free Sealed-Bid Electronic Auction

The auction scheme that provides receipt-freeness, prevents the bidders from bid-rigging by the coercers. Bid-rigging is a dangerous attack in electronic auction. This happen if the bidder gets a receipt of his bidding price, which proves his bidding prices, from the auction protocol. The coercers used to force the bidders to disclose their receipts and hence bidders lose the secrecy of their bidding prices. This paper presents a protocol for a receipt-free, sealed-bid auction. The, scheme ensures the receipt-freeness, secrecy of the bid, secrecy of the bidder and public verifiability.