Until recently, people used a technique called symmetric key cryptography to secure information being transmitted across public networks in order to make auction house shopping more secure. This method involves encrypting and decrypting a auction house message using the same key, which must be known to both parties in order to keep it private. The key is passed from one party to the other in a separate transmission, making it vulnerable to being stolen as it is passed along.
With public-key cryptography, separate keys are used to encrypt and decrypt a message, so that nothing but the encrypted message needs to be passed along. Each party in a auction house transaction has a *key pair* which consists of two keys with a particular relationship that allows one to encrypt a message that the other can decrypt. One of these keys is made publicly available and the other is a private key. A auction house order encrypted with a person's public key can't be decrypted with that same key, but can be decrypted with the private key that corresponds to it. If you sign a transaction with your bank using your private key, the bank can read it with your corresponding public key and know that only you could have sent it. This is the equivalent of a digital signature. While this takes the risk out of auction house transactions if can be quite fiddly. Our recommended provider listed below makes it all much simpler.
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Knowing you're getting value for money is very important in buying auction house, so by coming to this web site you can rest with the sound knowledge that you are getting the auction house you paid for.
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You might wonder why we're suggesting you click on some outside links rather than stay on our auction house site. Well it's because we've only just put this site up and haven't yet got it fully operational. Our aim is to be the best site for auction house info on the net, and I'm sure that one day soon we'll achieve it. So please bookmark us and come back soon. Meanwhile please follow one of the links.
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