Imposing fairness in electronic commerce- Using Trusted Third Party for electronic product delivery
In the recent years, electronic commerce has gained much importance. Traditional commerce is slowly being replace with e-commerce and more people tend to prefer doing their shopping online. One of the main reasons for this attraction is the convenience the e-commerce provides. Customers can choose from a lot of different merchants at the convenience of their homes or while traveling by avoiding the hassle and stress f traditional shopping. However, e-commerce has lots of challenges. One key challenge is trust as transactions take place across territories and there are various legal regulatory issues that govern these transactions. Various protocols and underlying e-commerce technologies help in the provision of this trust. One way to establish trust is to ensure fair exchange. Thus the aim of this research is to propose a protocol that provides fair exchange to the transacting parties by making use of a Trusted Third Party.
Keywords: Trust; electronic commerce; fair exchange; Trusted Third Party
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ABOUT THE AUTHOR
Fahad A.Alqahtani
DE MONTFORT UNIVERSITY
Fahad A.Alqahtani
DE MONTFORT UNIVERSITY