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Internet Open Trading Protocol
<protocol, business> (IOTP, Formerly "Open Trading Protocol",
OTP) A specification that provides an interoperable framework
for Internet commerce. It is optimised for the case where the
buyer and the merchant do not have a prior acquaintance and is
payment system independent. It will be able to encapsulate
and support payment systems such as SET, Mondex,
CyberCash's CyberCoin, DigiCash's e-cash, GeldKarte, etc.
IOTP is able to handle cases where such merchant roles as the
shopping site, the payment handler, the deliverer of goods or
services, and the provider of customer support are performed
by different Internet sites.
The IOTP specification is maintained by the IETF Internet
Open Trading Protocol (trade) Working Group.
Home.
(2001-09-22)
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Nearby terms:
Internet Monthly Report « Internet Network Information Center « internet number « Internet Open Trading Protocol » Internet Protocol » Internet Protocol Control Protocol » Internet Protocol version 4
This article was derived from the Free Online Dictionary of Computers and is available under ther terms of the GNU Free Documentation License.
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