Electronic Contracts

Authors:
P. Radha Krishna;Kamalakar Karlapalem
Affiliations:
Infosys Technologies, India;International Institute of Information Technology, India
Venue:
IEEE Internet Computing
Year:
2008

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Abstract

As service-oriented computing increases, so does the role of e-contracts in helping business partners automate contractual agreements and relationships. The key challenge is to translate traditional contracts into executable e-contracts in a way that facilitates runtime monitoring and management. As research in this area progresses, organizations will have different approaches for modeling, implementing, and managing e-contracts. For now, developers must contend with several key research issues and challenges.