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Negotiation Component
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The Negotiation layer handles creation and logging of a contract between potential buyers and sellers and communicates with the central accounting service to finalize contract. The central accounting service requires both parties securely agree to a contract before it authorizes it.
Buyer Functions:
When a possible seller is found, the buyer contacts its negotiation component and begins to negotiation a contract. If a contract is agreed upon the negotiation component contacts the central accounting server and gives contract information to the mobility layer.
Seller Functions:
Waits for a possible buyer to initiate a contract negotiation. If a contract is agreed upon the negotiation component contacts the central accounting server and gives contract information to the mobility layer.
Development Areas:
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- Flexible contract Specification:
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Development of flexible legal framework and description language for contracts
- Security:
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Development of key based security and encryption for contact verification and to prevent third parties from ease dropping on contracts.
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