IT430 - E-Commerce 3rd Assignment Solution

by Vuhelper Tue May 31, 2011 12:35 pm

Please note that Assignment No. 3 of IT430 has been uploaded. The due date to submit solutions is 06-06-2011 (06-June-2011). All the instructions for solving assignment are there in assignment file. Please make sure, you read the instructions before attempting assignment and upload solutions before due date.

Assignment Question:
Question# 1 (5)

a) In minting stage of E-cash payment system, what mechanism is used to make the serial number (generated by client’s cyber wallet) blind? (2)
b) Assume that you want to buy a low cost item like shoes, wallet etc, what payment system do you suggest for this transaction and why? (3)
Question# 2 (5)
Suppose you want to buy an apple iphone from an online shopping site through E-cash payment system. What steps would be followed to make this transaction?