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    draft The Green Commerce Model October, 1994 The Green Commerce Model

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    This memo defines a "Green Model" for information commerce using the Internet. In this model, the information merchant carries all risk of non-payment. By shifting the risk of non-payment, we do not require guarantees of credit worthiness for a merchant. This allows every participant to be both a buyer and a merchant of information on the Internet. Transactions relating to accounting and settlement are performed through either the exchange of store-and-forward messages (using the "application/green-commerce" format defined in [1]), or interactive protocol exchanges (using the "Simple Green Commerce Protocol" defined in [2]). Stein, Stefferud, Borenstein, Rose [Page 1] Listing for First Virtual Tue Oct 11 06:40:20 1994 Page draft The Green Commerce Model October, 1994 2. The Green Commerce Model We propose a new model for Internet commerce in which the information merchant carries all risk of non-payment. By shifting the risk of nonpayment, we do not require guarantees of credit wor..
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