ecommerce reviews
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 ecommerce reviews, and e-catalog information: But how do they know that the system used their signature on the document on thescreen and not on some other document? How do they known that their secret signingkey was not stored so that their signature could be forged later? And, if this is a ‘point ofsale’ terminal, how do the customer or the trader know that the terminal has not beendesigned or modified to defraud either or both of them?The process of signing something digitally is enormously complex compared to aconventional written signature and this means that confidence in the process will be agreat deal more difficult to achieve. This forces vendors to collect taxes forcustomers in all jurisdictions. In practice, however, openly available, highquality algorithms are very difficult to design and this means that only a relatively smallnumber of algorithms will find widespread use.
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Furthermore, there is nothing in this system that forces sender and receiver to reveal any information to each other, wallets can run locally at the sender and receiver’s computers to combat password guessing, and all messages can be encrypted. If the record fields are not identical, then the payment system’s agent can produce two dissimilar payments with the same serial number p. Thus, vendors should notbe held accountable if buyers lie about their location at the time of the purchase. |
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