Assignment No. 03
Semester: Spring 2011

IT430 E-Commerce

Total Marks: 10

Due Date: 06/06/2011

Instructions

Please read the following instructions carefully before submitting assignment:

It should be clear that your assignment will not get any credit if:

1. Assignment is submitted after due date.
2. Submitted assignment does not open or file is corrupt.
3. Assignment is copied.
4. If assignment is not in .doc format

Assignment

Question# 1 (5)

 a) In minting stage of E-cash payment system, what mechanism is used to make the serial number (generated by client’s cyber wallet) blind? (2)

 b) Assume that you want to buy a low cost item like shoes, wallet etc, what payment system do you suggest for this transaction and why? (3)

 Question# 2 (5)

 Suppose you want to buy an apple iphone from an online shopping site through E-cash payment system. What steps would be followed to make this transaction?

 Note: Submit “.doc” file only. Send email at it430@vu.edu.pk for any assignment related query.

 Your work must be original. No marks will be given in case of cheating or copying from the internet or from any other student.

Deadline:

Your assignment must be uploaded/submitted on or before 6^th June 2011.