Basic HTML version of Foils prepared July 6 99

Foil 7 What is Electronic Commerce ?

From Security Infrastructure fo Electronic Commerce and Internet CPS714 Computational Science Information Track -- June 2 and June 7 99. by Roman Markowski
1 E-commerce is the utilization of computer technology to accept payments and fulfill delivery of products and services via the Internet or private networks.
2 The explosive growth of online transactions push some companies into becoming CSP (Commerce Service Providers):OneHost, AT&T, etc.
3 Characteristics:
  • transport over insecure public networks
  • confidentiality: based upon cryptographic protocols
  • authentication and trust: based on digital certificates and signatures
  • fundamental unit: financial transaction
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