Internet Open Trading Protocol Source: en.wikipedia.org/wiki/Internet_Open_Trading_Protocol
System-independent protocol for electronic commerce
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]
^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. ISBN9783540408086. Retrieved 29 June 2016.
^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.