Commerce over open networks like the Internet, sometimes referred to as electronic commerce, is becoming more widespread. This makes it important to study, and solve the security problems associated with electronic commerce. There are three prominent characteristics of commerce which are relevant in this respect. First, the crux of a commercial transaction is usually one or more exchanges of items of value. Second, players in a commercial transaction do not necessarily trust each other fully. Thus, protecting players from each other is as important as protecting them from outside attackers. Third, commercial transactions have legal significance. Therefore, it must be possible to gather sufficient evidence during the transaction to enable correctly behaving players to win any subsequent disputes.
By: N. Asokan
Published in: RZ3027 in 1998
LIMITED DISTRIBUTION NOTICE:
This Research Report is available. This report has been submitted for publication outside of IBM and will probably be copyrighted if accepted for publication. It has been issued as a Research Report for early dissemination of its contents. In view of the transfer of copyright to the outside publisher, its distribution outside of IBM prior to publication should be limited to peer communications and specific requests. After outside publication, requests should be filled only by reprints or legally obtained copies of the article (e.g., payment of royalties). I have read and understand this notice and am a member of the scientific community outside or inside of IBM seeking a single copy only.
Questions about this service can be mailed to reports@us.ibm.com .