Internet Open Trading Protocol

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The Internet Open Trading Protocol (IOTP) is a system-independent protocol that provides an interoperable and standardized payment framework for electronic commerce, which tries to replicate real-world trading processes as closely as possible. [1] [2] [3] [4] [5] [6]

IOTP systems can include a variety of different payment systems including digital cash, electronic checks, and debit cards. Various payment transaction data are encapsulated within specific IOTP messages (customer, merchant, credit checker, certifier, bank and delivery handler). [7]

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References

  1. Katalin, Tarnay (2013). "IOTP and Payments Protocols", in Research and Development in E-Business through Service-Oriented Solutions. IGI Global. pp. Chapter 2. ISBN   9781466641822 . Retrieved 29 June 2016.
  2. Bauknecht, Kurt; Gottlieb, Jens; Kittler, Josef; Raidl, Günther R.; Nixon, Mark S.; Tjoa, A. Min; Quirchmayr, Gerald (2003-08-21). E-Commerce and Web Technologies. Springer Science & Business Media. pp. 292–303. ISBN   9783540408086 . Retrieved 29 June 2016.
  3. Handfield, Robert B.; Nichols, Ernest L. (2002). Supply Chain Redesign: Transforming Supply Chains Into Integrated Value Systems. FT Press. p. 277. ISBN   9780130603128 . Retrieved 29 June 2016.
  4. Kwok, S.H; Cheung, S.C; Wong, K.C; Tsang, K.F; Lui, S.M; Tam, K.Y (March 2003). "Integration of digital rights management into the Internet Open Trading Protocol". Decision Support Systems. 34 (4): 413–425. doi:10.1016/S0167-9236(02)00067-2.
  5. Ouyang, Chun; Kristensen, Lars Michael; Billington, Jonathan (August 2002). "A Formal and Executable Specification of the Internet Open Trading Protocol". E-Commerce and Web Technologies. Springer Berlin Heidelberg. pp.  377–387. doi:10.1007/3-540-45705-4_39. ISBN   9783540441373.
  6. Zhao, Yuxiao; Sandahl, Kristian (2001). "XML-Based Frameworks for Internet Commerce". Enterprise Information Systems II. Springer Netherlands. pp. 197–202. CiteSeerX   10.1.1.4.2623 . doi:10.1007/978-94-017-1427-3_28. ISBN   9789048157679.
  7. "What is Internet Open Trading Protocol (IOTP)? - Definition from WhatIs.com". SearchMicroservices. Retrieved 2019-05-07.