In: van der Aalst, W.M.P.; Desel, J.; Oberweis, A.: Lecture Notes in Computer Science, Vol. 1806: Business Process Managements - models, techniques and empirical studies, pages 359-375. Springer-Verlag, 2000.
Abstract: This paper introduces the concept of an electronic trade scenario (executable transaction model) as a potential solution to ``open'' electronic commerce - trade among parties that have no prior trading relationship. The basic idea is that these trade scenarios would be stored in a ``global repository'', and downloaded by trading parties as needed for a particular trade. A representation, called Documentary Petri Nets (DPN) is used to represent such trade scenarios. The Inter Procs system is described as a prototyping environment to support the design and execution of such trading systems using this representation. Given that the parties are often trading at ``arm's length'', a key focus is the development of trustworthy trade scenarios that have sufficient controls and evidentiary documentation.