Micro-payment systems have the potential to provide non-intrusive, high-volume and low-cost pay-as-you-use services for a wide variety of web-based applications. We propose an extension, P2P-NetPay, a micro-payment protocol characterized by off-line processing, suitable for peer-to-peer network services sharing. Our approach provides high performance and security using one-way hashing functions for e-coin encryption. In our P2P-NetPay protocol, each peer's transaction does not involve any broker and double spending is detected during the redeeming transaction. We describe the motivation for P2P-NetPay and describe three transactions of the P2P-NetPay protocol in detail to illustrate the approach. We then discuss future research on this protocol. © Springer-Verlag Berlin Heidelberg 2005.
CITATION STYLE
Dai, X., & Grundy, J. (2005). Off-line micro-payment system for content sharing in P2P networks. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 3816 LNCS, pp. 297–307). https://doi.org/10.1007/11604655_34
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