COPS: A Model and Infrastructure for Secure and Fair Electronic Markets

  • Authors:
  • Alexander W. Röhm

  • Affiliations:
  • -

  • Venue:
  • HICSS '99 Proceedings of the Thirty-second Annual Hawaii International Conference on System Sciences-Volume 8 - Volume 8
  • Year:
  • 1999

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Abstract

New forms of trading and a variety of different market structures and digital goods will appear in the future. Therefore, an infrastructure for electronic markets has to support the realization of different market structures by providing secure and fair services in a transparent way. Existing electronic markets in the open network Internet often show a lack of security and fairness. In this work we first elaborate an electronic market model and use it to describe an open infrastructure for electronic markets. Finally we introduce the project COPS (Commercial Protocols and Services) in which we realize an infrastructure for secure and fair electronic markets.