Identification of trust requirements in an e-business framework

E-businesses are searching for ways to provide both cost effective and secure communication services. Internet, which is the primary medium for conducting e-business, is by its nature, an open, heterogeneous, non secure medium. Reports show that the ellipsis of trust in transaction security is the major reason why consumers are dubious to shop online and in expansion, unwilling to adopt an electronic payment framework in order to pay for the goods or the services bought electronically. This paper emphasizes the necessity of the factor of trust to achieve having as safe electronic business procedures as having when transacting through paper based ones. The only way is by means of cryptography and particular of public key infrastructure (PKI) that functions as a chain of trust. Key-Words: Trust, Cryptography, Electronic payments, E-business, Public Key Infrastructure (PKI)