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Section 5 presents pay cash, which builds on the electronic cash concept, with significant extensions to achieve the design objectives from section 3. Publicinformation can be used as credentials during transactions. 4 Describe four critical processes: Registering a customer with verifiers and notaries, creating transaction records, submitting records to a notary, notarizing transaction records, and conducting an audit.
| e-catalog info: Technically, the system is based on public-key encryption. Certificate authorities (ca) aim to overcome suchproblems by providing a uniform and widely understood framework for the use of opendigital certificates. See also Ecommerce Business Solution, and e-catalog related pages. |
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