sponsored by ComputerWeekly.com
Posted:  25 Oct 2011
Published:  10 Nov 2010
Format:  PDF
Length:  4  Page(s)
Type:  White Paper
Language:  English
ABSTRACT:


It is well-known that eCommerce transactions require a level of trust between participants in that trust, in this context, gives each partner confidence that the other will fulfil his part of a bargain in the future.   Trust, in this business context, relies primarily upon contracts (to specify the behaviour that is required) and an enforcement mechanism (to punish and deter non-performance).  For this to work in an eCommerce environment, a process is required to register and verify each party’s identity.  However, the problem with registration processes is that they are hard to automate and, therefore, expensive.  This creates a ‘friction’ that resists the growth of eCommerce. The cost of registration can largely be reduced by sharing it between organisations.  This is facilitated by mechanisms such as federation, which is designed to share identities and authorisations between organisations, thus extending their use.  Today’s federation mechanisms are oriented towards federating customer identity between members of a supply chain and, by agreement, between related supply chains.  They aim to facilitate interactions between a customer and an organisation. However, there is a need for federation between organisations; to make the federation process easier to automate; and to create new mechanisms, such as reputation, for sharing trust information. Additionally, a common legal infrastructure, in the form of standardised contract templates, is required to facilitate de-perimeterized eCommerce






BROWSE RELATED RESOURCES
eCommerce | eCommerce Services | eCommerce Software

View All Resources sponsored by ComputerWeekly.com

About TechTarget:

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

All Rights Reserved, Copyright 2000 - 2014, TechTarget | Read our Privacy Statement