Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)

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A Cross-Chain Scheme for Goods Atomicity in E-commerce Transactions

Authors
Yuanzhe Liu1, Yukun Zheng1, Yahui Guo1, Yinyan Dou1, Zhiming Cai2, *
1Faculty of Data Science, City University of Macau, Macau, China
2Faculty of Digital Science and Technology, Macau Millennium College, Macau, China
*Corresponding author. Email: zmcai@mmc.edu.mo
Corresponding Author
Zhiming Cai
Available Online 31 August 2024.
DOI
10.2991/978-94-6463-490-7_41How to use a DOI?
Keywords
Blockchain; Atomicity; E-commerce; Hash Time Locks
Abstract

E-commerce has become a crucial part of global economic activities, and ensuring the atomicity of transactions in E-commerce is vital. So far, existing E-commerce solutions face the following atomicity problems: DigiCash with double-spending, SSL and SET with failing to ensure goods atomicity, and the Netbill protocol with dependency on intermediary services. Blockchain technology provides an effective solution to these problems. During an E-commerce transaction, customers and merchants can conduct transactions under two blockchains: the digital currency blockchain and the product supply chain blockchain, using Hash Time Locked Contracts (HTLCs) to facilitate cross-chain transaction and achieve transaction atomicity. This paper designs a blockchain-based scheme and implements a cross-chain experiment targeted at atomicity in E-commerce transaction.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
31 August 2024
ISBN
978-94-6463-490-7
ISSN
2589-4919
DOI
10.2991/978-94-6463-490-7_41How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yuanzhe Liu
AU  - Yukun Zheng
AU  - Yahui Guo
AU  - Yinyan Dou
AU  - Zhiming Cai
PY  - 2024
DA  - 2024/08/31
TI  - A Cross-Chain Scheme for Goods Atomicity in E-commerce Transactions
BT  - Proceedings of the 2024 3rd International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2024)
PB  - Atlantis Press
SP  - 374
EP  - 382
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-490-7_41
DO  - 10.2991/978-94-6463-490-7_41
ID  - Liu2024
ER  -