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Experiences in Developing a Micro-payment System for Peer-to-Peer Networks

Experiences in Developing a Micro-payment System for Peer-to-Peer Networks

Kaylash Chaudhary, Xiaoling Dai, John Grundy
Copyright: © 2010 |Volume: 5 |Issue: 1 |Pages: 20
ISSN: 1554-1045|EISSN: 1554-1053|ISSN: 1554-1045|EISBN13: 9781616929305|EISSN: 1554-1053|DOI: 10.4018/jitwe.2010010102
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MLA

Chaudhary, Kaylash, et al. "Experiences in Developing a Micro-payment System for Peer-to-Peer Networks." IJITWE vol.5, no.1 2010: pp.23-42. http://doi.org/10.4018/jitwe.2010010102

APA

Chaudhary, K., Dai, X., & Grundy, J. (2010). Experiences in Developing a Micro-payment System for Peer-to-Peer Networks. International Journal of Information Technology and Web Engineering (IJITWE), 5(1), 23-42. http://doi.org/10.4018/jitwe.2010010102

Chicago

Chaudhary, Kaylash, Xiaoling Dai, and John Grundy. "Experiences in Developing a Micro-payment System for Peer-to-Peer Networks," International Journal of Information Technology and Web Engineering (IJITWE) 5, no.1: 23-42. http://doi.org/10.4018/jitwe.2010010102

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Abstract

Micro-payment systems are an important part of peer-to-peer (P2P) networks and address the “free-rider” problem in most existing content sharing systems. To address this issue, the authors have developed a new micro-payment system for content sharing in P2P networks called P2P-Netpay. This is an offline, debit based protocol that provides a secure, flexible, usable and reliable credit service. This article compares micro-payment with non-micro-payment credit systems for file sharing applications and finds that this approach liberates the “free-rider” problem. The authors analyse the heuristic evaluation performed by a set of evaluators and present directions for research aiming to improve the overall satisfaction and efficiency of the proposed model.

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