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In this study, a novel multiparty quantum sealed-bid auction protocol usingthe single photons as the message carrier of bids is proposed, followed by anexample of three-party auction. Compared with those protocols based on theentangled states (GHZ state, EPR pairs, etc.), the present protocol is moreeconomic and feasible within present technology. In order to guarantee thesecurity and the fairness of the auction, the decoy photon checking techniqueand an improved post-confirmation mechanism with EPR pairs are introducedrespectively.

Multiparty Quantum Sealed-Bid Auction Using Single Photons as Message Carrier