E Wallet
International Journal of UbiComp (IJU), Vol.1, No.4, October 2010
MOBILE BASED SECURE DIGITAL WALLET FOR PEER TO PEER PAYMENT SYSTEM
Majid Taghiloo1, Mohammad Ali Agheli 2, and Mohammad Reza Rezaeinezhad3
1
Amnafzar Department of Pishgaman Kavir Yazd, Tehran, Iran mtaghiloo@amnafzar.net 2
Amnafzar Department of Pishgaman Kavir Yazd, Yazd, Iran agheli@amnafzar.net 3
Pishgaman Kavir Yazd, Yazd, Iran rezaei@pishgaman.com ABSTRACT
E-commerce in today's conditions has the highest dependence on network infrastructure of banking. However, when the possibility of communicating with the Banking network is not provided, business activities will suffer. This paper proposes a new approach of digital wallet based on mobile devices without the need to exchange physical money or communicate with banking network. A digital wallet is a software component that allows a user to make an electronic payment in cash (such as a credit card or a digital coin), and hides the low-level details of executing the payment protocol that is used to make the payment. The main features of proposed architecture are secure awareness, fault tolerance, and infrastructure-less protocol.
KEYWORDS
Wireless Network, Mobile Network, Digital Wallet, E- Payment System, Peer to Peer Communication & Security
1. INTRODUCTION
A digital wallet allows users to make electronic commercial transactions swiftly and securely. It functions much like a physical wallet. A digital wallet has both a software and information component. The software provides security and encryption for personal information and for the actual transaction. Typically, digital wallets are stored on the client-side and are easily compatible with most e-commerce transactions. A server-side digital wallet, known as thin wallet, is the one that an organization creates for you and maintains on its servers. The information component is basically a database of user inputted information. This information consists of your shipping address, billing
MOBILE BASED SECURE DIGITAL WALLET FOR PEER TO PEER PAYMENT SYSTEM
Majid Taghiloo1, Mohammad Ali Agheli 2, and Mohammad Reza Rezaeinezhad3
1
Amnafzar Department of Pishgaman Kavir Yazd, Tehran, Iran mtaghiloo@amnafzar.net 2
Amnafzar Department of Pishgaman Kavir Yazd, Yazd, Iran agheli@amnafzar.net 3
Pishgaman Kavir Yazd, Yazd, Iran rezaei@pishgaman.com ABSTRACT
E-commerce in today's conditions has the highest dependence on network infrastructure of banking. However, when the possibility of communicating with the Banking network is not provided, business activities will suffer. This paper proposes a new approach of digital wallet based on mobile devices without the need to exchange physical money or communicate with banking network. A digital wallet is a software component that allows a user to make an electronic payment in cash (such as a credit card or a digital coin), and hides the low-level details of executing the payment protocol that is used to make the payment. The main features of proposed architecture are secure awareness, fault tolerance, and infrastructure-less protocol.
KEYWORDS
Wireless Network, Mobile Network, Digital Wallet, E- Payment System, Peer to Peer Communication & Security
1. INTRODUCTION
A digital wallet allows users to make electronic commercial transactions swiftly and securely. It functions much like a physical wallet. A digital wallet has both a software and information component. The software provides security and encryption for personal information and for the actual transaction. Typically, digital wallets are stored on the client-side and are easily compatible with most e-commerce transactions. A server-side digital wallet, known as thin wallet, is the one that an organization creates for you and maintains on its servers. The information component is basically a database of user inputted information. This information consists of your shipping address, billing
References: [1] [2] [3] [4] [5] [6] Hove, L. V. Electronic purses: http://www.firstmoney.org/issues/issue5_7/hove/. (which) way to go?, 2005. Rebbeck, T South Korea and Japan show the way on mobile payment and banking. Analysys Research.Apr. 2006.http://research.analysis.com./articles/standardarticles.asp?iLifeArticle=2100. Chaum, D. and Brands, S. Minting electronic cash. IEEE Spectrum, 34(2):30-34, feb 1997. Chaum, D., Fiat, A., and Naor, M. Untraceable electronic cash. Prpceedings of 8th annual international Cryptology Conference (CRYPTO), Santa Barbara, CA, Aug. 1989. Horn, G. and Preneel, B. Authentication and payment in future mobile systems. Journal of Computer Security, 8(2-3): 183-207, Aug 2000. Kungpisdan, S., Srinivasan, S., and Le, B. P. D. A secure account-based mobile payment protocol. Proceedings of International Conference on Information Technology: Coding and Computing, Las Vegas, VN, Apr. 2004. Wayner, P. Digital Cash: Commerce on the Net. Academic Press, San Diego, CA, Mar 1997. 2 Sub Edition. Gray, J.N., Notes on DataBase Operating Systems, Operating Systems: An Advances Course, Springer-Verlag, 1979, New York, pp.393-481. Moss, Elliot, Nested Transactions : An Approach to Reliable Distributed Com puting, The MIT Press, Cambridge, Massachusetts, 1985, pp.31-38. Singhal, M. and Shivaratri, N., Advanced Concepts in Operating Systems, McGraw-Hill, 1994, pp. 302-303, pp. 334-335, p. 337 Michael L., PGP & GPG: email for the practical paranoid, Oreilly, Apr. 2006. [7] [8] [9] [10] [11] 10 International Journal of UbiComp (IJU), Vol.1, No.4, October 2010 Authors Majid Taghiloo is currently a researcher of Amnafzar Department of Pishgaman Kavir Yazd Co. He completed his degree in Information Technology Engineering, in 2008, at Amirkabir University of Technology. He did his BSc in Computer Software Engineering, in 2004 at Tehran University of IRAN. His areas of interests include Security, Ad Hoc Network, Information Technology and E-Commerce. He is now a lecturer of Islamic Azad University of Tehran, South Branch. Mohammad Ali Agheli Hajiabadi is currently a Managing Director of Amnafzar department of Pishgaman Kavir Yazd Co. He completed his degree in Information Technology Engineering, in 2011, at Amirkabir University of Technology. He did his BSc in Computer Software Engineering, in 2002 at Islamic Azad University of Meibood. He is top manager of VOIP and Firewall Projects. Mohammad Reza Rezaeinezhad is currently a Managing Director of Pishgaman Kavir Yazd Co. he completed his degree in Information Technology Engineering, in 2011 at Shiraz University. He did his BSc in Electronic Engineering, in 1998 at Ferdosi University of Mashhad. He is Chairman of the Board of Pishgaman Kavir Yazd (P.K.Y) cooperative company. It was established in 1996; with goals of reaching top level of Information Technology (IT) .This Company is servicing all internet and communication connections in all provinces in Iran. 11