SecureBid: Sealed-Bid auctions on the blockchain

dc.contributor.authorvan de Vegte, Zoƫ
dc.date.accessioned2024-09-16T16:05:30Z
dc.date.available2024-09-16T16:05:30Z
dc.date.issued2024
dc.description.abstractOver the summer term, I conducted a hands-on exploration of blockchain technology. I surveyed the infrastructure of blockchain, its current and potential applications, as well as its benefits and drawbacks. I implemented a smart contract for secure online auctions using hash functions, to preserve bidder honesty and to prevent auctioneer corruption. I began my research by following an online course on blockchain technology, as well as attending ECE 406: Applied Cryptography, a UVic course taught by my supervisor, Dr. Riham AlTawy. Both these courses developed my understanding of the concepts and techniques necessary to build and understand a blockchain application. I also began studying existing decentralised apps (DApps), specifically an auction DApp similar to what I aimed to build. Whereas the auction DApp I studied used more advanced techniques including elliptic curve cryptography, I was able to implement the necessary cryptographic properties for my DApp using hash functions, one of the most fundamental cryptographic primitives.
dc.description.reviewstatusReviewed
dc.description.scholarlevelUndergraduate
dc.description.sponsorshipValerie Kuehne Undergraduate Research Awards (VKURA)
dc.identifier.urihttps://hdl.handle.net/1828/20423
dc.language.isoen
dc.publisherUniversity of Victoria
dc.subjectblockchain
dc.subjectcryptography
dc.subjectsecurity
dc.subjectdecentralisation
dc.subjecthash function
dc.titleSecureBid: Sealed-Bid auctions on the blockchain
dc.typePoster

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