A secure e-auction scheme based on group signatures

Recently, electronic auctions have been receiving more and more attention in the world of electronic commerce. The security and efficiency of electronic auctions are becoming important. We shall propose a securely sealed-bid auction scheme that uses our group signature scheme with the function of authenticated encryption. It can achieve the following goals: secrecy of bidding price, anonymity, verifiability, non-repudiation, and better performance.

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