Journal
ELECTRONIC COMMERCE RESEARCH
Volume 10, Issue 3-4, Pages 363-388Publisher
SPRINGER
DOI: 10.1007/s10660-010-9060-2
Keywords
Blind count; Zero-knowledge; Electronic bill of lading; Digital signature; Fraud scheme
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Electronic documents used in the framework of the goods delivery industry-i.e. electronic bills of lading (e-BOLs)-are the enablers of any payment, and therefore exposed to frauds. As of today, e-BOLs are handled by special private companies, which provide paperless trading services through their trade chains. This paper contributes a zero-knowledge open solution to the problem of designing secure electronic bills of lading, in the framework of a shipper-carrier-buyer transmission model. The suggested solution is a cryptographic protocol based on digital signatures and blind merchandise counts-that is, counts that do not reveal any information about actually counted quantities. The model is designed to mitigate a number of security threats and assumes the existence of both a trusted third party and a bank in charge of payment procedures. The paper discusses the drawbacks of the existing proprietary solutions and shows how the suggested open protocol addresses them.
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