Open market

Open market

With the de facto standards for Internet browser being established by Netscape and Microsoft, a great deal of attention is being focused on creation of very robust Internet servers.

Open market has 3 products:

1. OM-transact

2. OM-access

3. OM-secure link.

Open market transaction model

Request price and purchase information (consumer – content server)

Send price and purchase information (content server – consumer)

Begin transaction with the specified transaction server ( consumer-transaction server)

Send consumer transaction information to authorization entity and request authorization ( transaction server-financial processing network)

Respond with authorization [denied or allowed] (financial processing network-transaction server)

Send sales confirmation on confirmed transaction(transaction server-consumer)

Request product with confirmation from transaction server(content consumer-server)

Deliver product to consumer(content server-consumer)