New evolving internet technologies are extending the role of the World Wide Web from a platform of information exhibition to a new environment for service interactions. While new business opportunities are brought in under this new era of internet, novel challenges are coming out at the same time. Current technologies have been found lacking efficient support for web transactions. Because trans...

This study draws attention to the ubiquitous and borderless nature of cybercrime. It examines the prospect of introducing customized cyber insurance policy in the Nigerian market. As secondary data was not available, the study conducted a survey by administering three sets of questionnaire to purposively selected top executives in four Trade Groups that rely heavily on Internet transactions for...

civil liability in electronic communications is one the most important issues of information and communications technology (ict) law. civil liability may be arisen from different causes such as copyright and trade mark infringement invasion of privacy and defamation. when discussing civil liability, two different civil liability systems may be considered: direct and indirect civil liability. in...

This paper introduces the Mobile Nested Transactions (MNT) model for transaction processing coordination in groups of mobile devices. The model extends traditional approaches—centralized and distributed—for distributed transaction processing over mobile devices. Under the Nested Transactions approach, sub-transactions—logical work units—processing control is highly flexible and fault-tolerant. ...

In the recent past, both consumers and real estate service providers have increasingly used the Internet to improve trading effectiveness and efficiency in the real estate market. Although Internet usage has reached phenomenal levels, the pure real estate electronic transaction, where the process is totally completed through the Internet, is still very much in its infancy. This indicates that s...

The Internet Open Trading Protocol (IOTP) is being developed by the Internet Engineering Task Force for electronic commerce (e-commerce) over the Internet. The core of IOTP is a set of trading transactions that reflects the most common trading activities in the real world. We apply the formal method of Coloured Petri Nets (CP-nets) to construct an abstract executable specification of IOTP’s tra...

Soft-products are intangible products that can be consumed without shipment, such as software, music and calling cards (calling time). The demand for soft-products on the Internet has been increasing for the past few years. At the same time, fraudulent credit card transactions have also increased. Compared to tangible products, fraudulent credit card transactions on soft-products are easier to ...

electronic banking has been around for some time in the form of automatic teller machines and telephone transactions but with the advent of internet, more publicity has been witnessed. this issue of internet has equally given a new look to their transactions and mode of product delivery in banking services for the benefits of both the customers and the banks. the objective of this paper is to f...

Banking transactions using smartphones or more commonly known as “smartphone banking” are increasingly becoming popular as a way for financial transactions given the growing number of smartphone users. The smartphone banking is considered to be different from mobile banking because of the unique and innovative features of smartphones a combination of a computer and mobile phone that can easily ...

Soft-products are intangible products that can be consumed without shipment, such as software, music and calling cards (calling time). The demand for soft-products on the Internet has been increasing for the past few years. At the same time, fraudulent credit card transactions have also increased. Compared to tangible products, fraudulent credit card transactions on soft-products are easier to ...