Trust Management Framework for Distributed E-Business Transactions

Today’s electronic systems face important problems of security and trust. In a paperless e-business environment, the lack of legal documents with signatures and other identification proof of authorized business entities introduce the problem of non-repudiation and security which arises as a result of lack of trust. Proper mechanism to ensure trusted ebusiness transactions is a much-felt need of the moment. This paper introduces the design of a new trust management framework for distributed e-business environment. The approach followed is a hybrid of policy based and reputation based models that ensure trustworthy business transactions to be carried out between the business entities. Detailed design of the framework and procedures are described with an indication to the future direction of research. KeywordsTrust Management, Distributed E-Business, Trusted Transactions