SecureBid: Sealed-Bid auctions on the blockchain
dc.contributor.author | van de Vegte, Zoƫ | |
dc.date.accessioned | 2024-09-16T16:05:30Z | |
dc.date.available | 2024-09-16T16:05:30Z | |
dc.date.issued | 2024 | |
dc.description.abstract | Over 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.reviewstatus | Reviewed | |
dc.description.scholarlevel | Undergraduate | |
dc.description.sponsorship | Valerie Kuehne Undergraduate Research Awards (VKURA) | |
dc.identifier.uri | https://hdl.handle.net/1828/20423 | |
dc.language.iso | en | |
dc.publisher | University of Victoria | |
dc.subject | blockchain | |
dc.subject | cryptography | |
dc.subject | security | |
dc.subject | decentralisation | |
dc.subject | hash function | |
dc.title | SecureBid: Sealed-Bid auctions on the blockchain | |
dc.type | Poster |