Standards and Verification for Fair-Exchange and Atomicity in E-Commerce Transactions

Bonnie Anderson, Brigham Young University - School of Accountancy, James Hansen, Brigham Young University - School of Accountancy, Paul Lowry, Brigham Young University - Department of Information Systems, and Scott Summers, Brigham Young University - School of Accountancy

10/21/2008
(Original Publish Date: 2/14/2005)

Electronic commerce can be defined as the conduct of commerce in goods and services, with the assistance of telecommunications and telecommunications-based tools. The economic growth potential of e-commerce is extraordinary - but so are the challenges that lie on the path toward success. One of the more pressing challenges is how to ensure the integrity and reliability of the transaction process: key aspects being fair-exchange and atomicity assurance