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Table Of Contents

Advantages and Disadvantages of Electronic Markets
The Benefits of EDI
The direct advantages of EDI include:
Shortened Ordering Time
Cost Cutting
Elimination of Errors
Fast Response
Accurate Invoicing
EDI Payment
Indirect advantages of the use of EDI can be:
Reduced Stock Holding
Cash Flow
Business Opportunities
Customer Lock-in
Benefits and Limitations
The Benefits of EC
Benefits to Organizations
The benefits to organizations are as follows:
Benefits to Consumers
Benefits to Society
Technical Limitations of EC
NonTechnical Limitations
Types of Electronic Payment Systems
Banking and Financial Payments
Retailing Payments
On-line electronic commerce payments
Electronic Tokens are of Three Types:
Properties of Electronic Cash
Electronic Cash in Action
Purchasing E-cash from Currency Servers
How does this Process Work in Practice?
Two Types of Transactions are Possible: Bilateral and Trilateral
Drawback of E-cash
Operational Risk and Electronic Cash
Legal Issues and Electronic Cash
Consider the Impact of E-Cash on Taxation
Electronic Checks
Smart Cards and Electronic Payment Systems
Relationship-Based Smart Cards
Electronic Purses and Debit Cards
The Electronic Purse Works in the Following Manner
Encryption and Credit Cards
Third-Party Processors and Credit Cards
Infrastructure for On-Line Credit Card Processing
Barriers to entry include
Risks from Mistake and Disputes: Consumer Protection
Managing Information Privacy
Managing Credit Risk
Designing Electronic Payment Systems
EDI Standards
Early EOI Applications
Sector and National EDI Standards
Ansi X12
The EDIFACT Standard
Coding Standards
Time Independence
Protocol Independence
Value Added Data Services
Trading Community
Inter-network Connections
International Connections
Privacy, Security and Reliability
Message Storage and Logging
Message Validation
Local Access
EDI Implementation
EDI Software
EDI Operation
Sample EDI Application
The EU-IA, in the text of the Agreement, Includes the Clause:
Controls in the EDI Standards:
Controls in the Transmission Protocol:
Protection against Tampering:
Privacy of Message:
Secret-Key Cryptography
Data Encryption Standard (DES)
Public Key Cryptography
Let¶s examine How this Process Works:
RSA and Public-Key Cryptography
Mixing RSA and DES
Digital Public-Key Certificates
Clipper Chip
What It Does
What It Protects You From
Proxy Application Gateways
What is antivirus software?
Why should I use antivirus software?
Regular Backups
Basic Ethical Concepts: Responsibility Accountability, and
Analyzing Ethical Dilemmas
Candidate Ethical Principles
Privacy and Information Rights
Information Collected At E-Commerce Sites
Information Gathering Tools
Profiling: Privacy And Advertising Networks
Legal Protections
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Published by Rati Khandelwal

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Published by: Rati Khandelwal on Apr 08, 2011
Copyright:Attribution Non-commercial


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