This thesis outlines the creation of a secure, real time, system independent,
Internet based auctioning application. The system has been developed to meet the
needs of today's stringent reqUirements on secure Internet based applications. To
attain this goal, the latest cryptographic algorithms and development platforms
have been used. The result is a JAVA based server and client auctioning application.
The client application is designed to run In any common web browser, and the
server to execute on any JAVA enabled operating system with a web server and
Internet connection. The real time system uses a relatively secure hybrid
cryptosystem for communication. This involves the use of RSA for secure key
exchange, and RC6 and MARS for secure communication.
