A market-based approach to managing the risk of peer-to-peer transactions

• Published in: Computer networks (Amsterdam, Netherlands : 1999) Vol. 54; no. 5; pp. 675 - 688
• Main Authors: Androutsellis-Theotokis, Stephanos, Spinellis, Diomidis, Louridas, Panos, Stroggylos, Kostas
• Format: Journal Article
• Language: English
• Published: Kidlington Elsevier B.V 08.04.2010; Elsevier; Elsevier Sequoia S.A
• Subjects: Applied sciences; Business and industry local networks; Electronic commerce; Exact sciences and technology; Financial markets; Miscellaneous; Networks; Networks and services in france and abroad; Peer to peer computing; Peer-to-peer networks; Peers; Reputation management; Risk management; Studies; Telecommunications; Telecommunications and information theory; Teleprocessing networks. Isdn; Transaction costs; Transaction processing; Transactions; Valuation and optimization of characteristics. Simulation; Reputation management; Financial markets; Transaction processing; Peer-to-peer networks; Peer to peer; Prototype; Computer network; On-line systems; Financial market; Resource sharing; Local network

Market-based principles can be used to manage the risk of distributed peer-to-peer transactions. This is demonstrated by P trim, a system that builds a transaction default market on top of a main transaction processing system, within which peers offer to underwrite the transaction risk for a slight...