A novel grid-based micropayment system for heterogeneous multi-party accounting

Abstract

Grids are considered an attractive way of distributed applications that can be cost-effectively developed on 4G networks. They are described by large scale resource sharing and pioneering distributed applications. The design and deployment of a service in a 4G Grid platform can be performed in real time without a prior knowledge of any contributing node. It can be used resourcefully to realize complicated applications while offering a full control. In this paper, we present a new secure and efficient micropayment technique based on the Grid concept. Our proposed method presents a solution to pay anonymous parties present on various 4G networks, while permitting tracing payment operations required format. Finally, we employ the architecture of Grid services to identify a security paradigm for micropayment, which permits shielding of the involved parties in a distributed manner. © 2008 Springer-Verlag.