Accumulable Optimistic Fair Exchange from Verifiably Encrypted Homomorphic Signatures

Let us consider a situation where a client (Alice) frequently buys a certain kind of product from a shop (Bob) (e.g., an online music service sells individual songs at the same price, and a client buys songs multiple times in a month). In this situation, Alice and Bob would like to aggregate the total transactions and pay once per month because individual payments are troublesome. Though optimistic fair exchange (OFE) has been considered in order to swap electronic items simultaneously, known OFE protocols cannot provide such aggregate function efficiently because various costs are bounded by the number of transactions in the period. In order to run this aggregation procedure efficiently, we introduce a new kind of OFE called Accumulable OFE (AOFE) that allows clients to efficiently accumulate payments in each period. In AOFE, any memory costs, computational costs, and communication complexity of the payment round must be constant in terms of the number of transactions. Since a client usually has just a low power and poor memory device, these efficiency are desirable in practice. Currently known approaches (e.g., based on verifiably encrypted signature scheme) are not very successful for constructing AOFE. Thus, we consider a new approach based on a new cryptographic primitive called verifiably encrypted homomorphic signature scheme (VEHS). In this paper, we propose a generic construction of AOFE from VEHS, and also present a concrete VEHS scheme over a composite-order bilinear group by using the dual-form signature techniques. This VEHS scheme is also of independent interest. Since we can prove the security of VEHS without random oracles, our AOFE protocol is also secure without random oracles. Finally, we implemented our AOFE protocol, and it is efficient enough for practical use.