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Quantum sealed-bid auction protocol for simultaneous ascending auction with GHZ states

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Abstract

In this paper, we propose a quantum sealed-bid auction (QSBA) protocol based on GHZ states and realize the simultaneous ascending auction scheme proposed by the 2020 Nobel Prize in economics. The protocol uses the trusted third-party Trent as a bridge between bidders and auction center to conduct multiple rounds of auctions. With the help of Trent, the auction center and bidders conduct controlled remote state preparation, so that the auction center can obtain all the bidding prices and publish them. The whole process is supervised by Trent, which not only ensures the trust between participants, but also effectively prevents the semi-honest auction center from disclosing the information of bidders. Trent is very important to the security of the whole protocol, so we assume that Trent is completely honest. In addition, we analyze the security and efficiency of the protocol, which proves that our protocol has high security and good efficiency. Therefore, this agreement is practicable.

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Acknowledgements

This work was supported by the Liaoning Provincial Natural Science Foundation of China (Grant No. 2019-MS-286), and Basic Scientific Research Project of Liaoning Provincial Department of Education (Grant No. LJC202007).

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Authors and Affiliations

  1. Binzhou Medical University (Yantai Campus), No. 346 Guanhai Road, Laishan District, Yantai, 264003, People’s Republic of China

    Yuguang Xu

  2. Software College, Shenyang Normal University, HuangGu District, No.253, HuangHe Bei Street, Shenyang, 110034, People’s Republic of China

    Zexi Li, Chaonan Wang & Hongfeng Zhu

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  1. Yuguang Xu
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  2. Zexi Li
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  4. Hongfeng Zhu
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Correspondence to Hongfeng Zhu.

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Xu, Y., Li, Z., Wang, C. et al. Quantum sealed-bid auction protocol for simultaneous ascending auction with GHZ states. Quantum Inf Process 20, 232 (2021). https://doi.org/10.1007/s11128-021-03173-2

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