Sector - finance and banking , retail . The intention is to make a professional infrastructure that is attractive to businesses and consumers, and to support the economic growth that the Information Society offers. The approach will be to make a pragmatic assessment of partner requirements, design appropriate solutions for these requirements and generalise across each set to produce the common technology framework for graceful, appropriate, large-scale electronic commerce. The general technical approach will be to establish electronic transfer schemes for a model of business being adopted by the consortium members, based on the users specifications. There are at least 5 different areas with very different requirements and the initial phase of the project will define a model which covers the key aspects of the different areas.
Random customers deal with established merchants for relatively small purchases.
The electronic support for this model needs to be lightweight and easily reproducible on a massive scale. Business to business contractual arrangements for long term, scheduled business transactions. Such exchanges are often application to application mediated, with a degree of mutual trust established between the two parties. This area includes transactions from SME to SME, from SME to large organisation, from the administration department to the corporate organisation. Customer Support .