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PMTBS: A Blockchain-Based Privacy-Preserving Multi-Token Ascending Barter Auction System with Zero-Knowledge Proofs

delete2026-03-11
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PRE
AI
G
Goshgar Ismayilov *
C
Can Özturan
DOI:10.1016/j.jpdc.2026.105253delete
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Abstract

Abstract

En 中文
• We address the privacy-preserving multi-token bartering on blockchain where the exchanges of resources and goods can be privately performed. • We propose a novel decentralized protocol (i.e. PMTBS) with zeroknowledge proof and smart contract. • We propose a novel token transfer mechanism where each user updates only own balance. • We analyse the protocol from the security and scalability perspectives including computational, communicational and storage overheads. • We perform an experimental study to measure the blockchain gas consumption and zero-knowledge proof generation/verification times.
Keywords:
PMTBS
blockchain
privacy-preserving
multi-token bartering
zero-knowledge proofs

Journal

Journal of Parallel and Distributed Computing cover
Journal of Parallel and Distributed Computing
IF:
4
Papers:
3.8K
Citations:
4.8K

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