The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 07, 2012
Filed:
Dec. 11, 2009
Shanmugavelayutham Muthukrishnan, New York, NY (US);
Michael Rabin, Cambridge, MA (US);
Marcel M. Moti Yung, New York, NY (US);
Shanmugavelayutham Muthukrishnan, New York, NY (US);
Michael Rabin, Cambridge, MA (US);
Marcel M. Moti Yung, New York, NY (US);
Google Inc., Mountain View, CA (US);
Abstract
An auction verification subsystem provides verification, without revealing actual bid values, that bid values remained sealed prior to a closing time for the auction and that an announced winning bidder for the auction provided a highest bid. The verification subsystem receives encrypted bids from bidders and generates commitment data based on the bids and provides the commitment data to each of the bidders. In response to receiving the commitment data, the bidders provide decryption keys for the encrypted bids. In turn, the bids are decrypted and an auction is performed using the decrypted bids. The results of the auction can be verified based on bid representations that do not reveal the actual values of bids, thereby maintaining the secrecy of bids. Providing access to an exchange between bidders and the verification subsystem facilitates verification that the auction is performed as a sealed bid auction.