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Emerging strategic factorscritical strategy issues that are increasingly being considered in decision-making for electronic-commerce hosting are the following: Market segment—smb versus large enterprise business model—transaction processor or commerce service provider some definitionsmarket segmentwho is the business customer who will be hosted by the commerce host? A number of factors weigh in the decision of which segment to target, including the following: Host's existing business relationship with segment—will this be a totally new offering to unfamiliar clients? Or, will this be a new offering to a captured base of clients? Business-to-business, business-to-consumer, or both—will the business clients be selling to other businesses or consumers? Host's resources and competencies—large enterprise clients typically require more care and feeding from the commerce host than smb customers.

Pay cash uses novel algorithms to advance traditional objectives of internet payment system design, such as security, privacy, and efficiency. All parties agree to delay recording a transaction. Like notary publics, banks, and bailbondsmen, e-commerce verifiers and notaries would be private commercial entities thatplay a crucial role in the nation's financial infrastructure and its law enforcement.



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The sales tax should be based on the official location of the buyer. The insurer guarantees that even if a notary or verifier business fails, theinformation it holds will be maintained for a certain number of years. It also turns out that digital certificates are more effective asmechanisms for attaching permissions to digital signatures instead of names or identities(as the analogy with written signatures leads us to expect). Instead of the single coin of the form{p, g-1(f(p)) }, we define a paybook(n,p) of n coins associated with serial number p in the following structure:Paybook(n,p) = {n, p, g-n(f(p)) },where n is a non-negative integer, g-0(x) = x, and g-n(x) = g-1(g-(n-1)(x)) for any integer n: N>0.

Service providers are likely to configure their offerings in any combination of the following models for their hosted clients on an electronic-commerce platform: Single web site—the client owns a web site on a shared web server and could have a unique uniform resource locator (url). The market for hosted electronic-commerce services today is a showcase for a wide variety of these implementation models. The verifier isresponsible for checking the veracity of all customer information, public and private.

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