© Grimm GMD 1

Electronic Commerce

Uwe MusterHamburg

TNC ‘98Terena Networking Conference

Dresden, 5 October 1998

Dr. Rüdiger GrimmInstitut für Telekooperationstechnik

GMD Darmstadt

© Grimm GMD 2

From Fun to the Real Stuff

1980-1990: connectivity

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From Fun to the Real Stuff

1980-1990: connectivity

1990-2000: multimedia

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From Fun to the Real Stuff

1980-1990: connectivity

1990-2000: multimedia

2000............: really private,really serious

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The Network Contains Value

Commercial value: KNOWLEDGE,SERVICES,OBLIGATIONS

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The Network Contains Value

Commercial value: KNOWLEDGE,SERVICES,OBLIGATIONS

Private value: SELF-DETERMINATION,

FREEDOM

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The Network Contains Value

Commercial value: KNOWLEDGE,SERVICES,OBLIGATIONS

Private value: SELF-DETERMINATION,FREEDOM

Social value: COOPERATION

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Marketplace

open

spontaneous

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Marketplace

open

spontaneous

binding

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Electronic Marketplace ...

local

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Electronic Marketplace ...

local global

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... Electronic Marketplace

material:substance, atoms

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... Electronic Marketplace

material: immaterial:substance, atoms knowledge, bits

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Electronic Commerce Technology

EmailWorld-Wide Web

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Electronic Commerce Technology

Vertrag zwischender Hochbau AGund der Tiefbau AGzum gemeinsamen Ausbaueines unterkellertenHochahusesin der Frankfurter Innenstadt

EmailWorld-Wide Web

Digital Signature

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Electronic Commerce Technology

Vertrag zwischender Hochbau AGund der Tiefbau AGzum gemeinsamen Ausbaueines unterkellertenHochahusesin der Frankfurter Innenstadt

EmailWorld-Wide Web

Digital Signature

ElectronicPaymentSystems

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Electronic Commerce Technology

Vertrag zwischender Hochbau AGund der Tiefbau AGzum gemeinsamen Ausbaueines unterkellertenHochahusesin der Frankfurter Innenstadt

EmailWorld-Wide Web

Digital Signature

ElectronicPaymentSystems

SmartcardApplications

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Exchange Value How does value (money) look like on the net?

Value: goods, services, knowledge, obligations , ... ...money...

Risk distribution?buyers, sellers, credit card orgs, banks, traders,catalogue providers, network providers, notaries, ....

Fair exchange: “money or good first?“

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(Digital) Money Appearing as ...

...bank‘s obligation (cash):bank signs

... buyer‘s obligation (cheque):buyer signs, bank clears

... third party‘s obligation (draft, letter of credit):issuer signs , bank clears

... credit (credit card):buyer signs, credit org authorizes , bank clears

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Card Money at Point of Sale

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Electronic Payment Methods

Smartcard-basedMondex, GeldKarte, ...

InternetCyberCash, Ecash, SET

MicropaymentMillicent (Digital), Minipay (IBM)

HomebankingOFX (Microsoft +), Gold (IBM + banks), HBCI (De)

BillingTOB (T-Online), ...

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Business Context Initiatives

SEMPER (ACTS) Marketplace ArchitectureE2S, Mulitplecx (Esprit) B2B Complex Business

SuperSET (IBM)

OBI Open Buying on the Internet (huge...)

OTP Open Trading ProtocolAT&T, HP, Mastercard, Mondex, OpenMarket, BT, Cybercash, Digicash, IBM, Oracle, Sun, WellsFargo, Verifone (incl. JEPI)

JEPI (W3C) Joint Electronic Payment Initiative

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Outlook Interworking Tele Infrastructures: Money, Security, Context

Integrated Business Contexts („BOPDD“)

More Customer Friendliness Smartcards for Security and Applications

Autonomy of Business Partners Electronic Signature Regulations Free Encryption

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Outlook Interworking Tele Infrastructures: Money, Security, Context

Integrated Business Contexts („BOPDD“)

More Customer Friendliness Smartcards for Security and Applications

Autonomy of Business Partners Electronic Signature Regulations Free Encryption

1998, 1999, 2000 ... Real Applications, Real Value