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

Author

Listed:
  • Kaylash Chaudhary

    (The University of the South Pacific, Fiji)

  • Xiaoling Dai

    (The University of the South Pacific, Fiji)

  • John Grundy

    (University of Auckland, New Zealand)

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.

Suggested Citation

  • Kaylash Chaudhary & Xiaoling Dai & John Grundy, 2010. "Experiences in Developing a Micro-payment System for Peer-to-Peer Networks," International Journal of Information Technology and Web Engineering (IJITWE), IGI Global, vol. 5(1), pages 23-42, January.
    • Handle: RePEc:igg:jitwe0:v:5:y:2010:i:1:p:23-42
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