NODE b6381de1Development of an Open and Flexible Payment System
Gary Howland <gary@systemics.com>Fri, 1 Nov 1996 11:29:10 -0800 (PST)
Information on our payment system is now available:
Development of an Open and Flexible Payment System
Abstract: The Internet is in need of a simple, open, flexible
and secure payment system. Many payment systems that currently
exist are either proprietary, insecure, inflexible or all three.
This paper examines the types of payment system in use today, the
payment system requirements of Systemics Ltd., an overview of the
Systemics Open Transaction (SOX(tm)) payments system that was
developed, and a summary of how this system met the requirements.
The SOX payment system is currently in live use for a bond trading
system, and a reference implementation will shortly be made
available on the Internet.
http://www.systemics.com/docs/sox/overview.html