Making trust explicit in distributed commerce transactions

In a distributed environment where nodes are independently motivated, many transactions or commercial exchanges may be stymied due to a lack of trust between the participants. The addition of trusted intermediaries may facilitate some exchanges, but others are still problematic. We introduce a langu...

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Published in:Proceedings of the 16th International Conference on Distributed Computing Systems pp. 270 - 281
Main Authors: Ketchpel, S.P., Garcia-Molina, H.
Format: Conference Proceeding
Language:English
Published: IEEE 1996
Subjects:
Authentication
Business
Computer networks
Computer science
Concurrent computing
Electronic commerce
Marketing and sales
NASA
Protection
Software libraries
ISBN:9780818673993, 0818673990
Online Access:Get full text
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Abstract In a distributed environment where nodes are independently motivated, many transactions or commercial exchanges may be stymied due to a lack of trust between the participants. The addition of trusted intermediaries may facilitate some exchanges, but others are still problematic. We introduce a language for specifying these commercial exchange problems, and sequencing graphs, a formalism for determining whether a given exchange may occur We also present an algorithm for generating a feasible execution sequence of pairwise exchanges between parties (when it exists). Indemnities may be offered to facilitate previously infeasible transactions. We show when and how they enable commercial transactions.
AbstractList In a distributed environment where nodes are independently motivated, many transactions or commercial exchanges may be stymied due to a lack of trust between the participants. The addition of trusted intermediaries may facilitate some exchanges, but others are still problematic. We introduce a language for specifying these commercial exchange problems, and sequencing graphs, a formalism for determining whether a given exchange may occur We also present an algorithm for generating a feasible execution sequence of pairwise exchanges between parties (when it exists). Indemnities may be offered to facilitate previously infeasible transactions. We show when and how they enable commercial transactions.
Author Ketchpel, S.P.
Garcia-Molina, H.
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  fullname: Garcia-Molina, H.
  organization: Dept. of Comput. Sci., Stanford Univ., CA, USA
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SubjectTerms Authentication
Business
Computer networks
Computer science
Concurrent computing
Electronic commerce
Marketing and sales
NASA
Protection
Software libraries
Title Making trust explicit in distributed commerce transactions
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