The trade of goods and services over the Internet constitutes a rapidly expanding phenomenon. InterTrust Technologies Corporation, a digital commerce and information security company based in California, has developed the Commerce 1.0 system to turn commerce on the Internet and on the various other digital media into an efficient process through delivery of persistent protection, easy business modelling, usage auditing and automatic payment procedures. The system has been launched in July 1998. It also includes several nice applications for health care providers, such as telemedical services.
Digital information providers and payment processing companies welcome the distributed, peer-to-peer system with enthusiasm, since it opens new ways to create supplementary revenues, attract more customers, and increase sales figures. The Commerce 1.0 solution highly improves their component-based business models by integrating a wide range of useful software applications to safely manage digital business and consumer information over the Web. InterTrust has provided compatibility with its already existing related products, such as the Commerce Modeller, Rights Wallet and the DigiBox container.
Business partners are actively taking care of third party payment and usage processing pilot programmes in order to assist content providers with the implementation of the Commerce 1.0 system. Companies, such as Rights Exchange Inc., Mitsubishi Corporation, and Vger Technologies offer various data processing services, so that information providers are able to fully concentrate on the contents of their development resources without having to worry about payment procedures or piracy, fraud and security risks. The InterTrust system itself displays a huge flexibility and has been built on the principle of scalability.
In the United States, different market research experts expect the digital commerce business to grow from $8 billion in 1997 to $327 billion in 2002. As for the online entertainment market, the overall turnover will rise from $4.9 billion in 1997 to $15.1 billion in 2002. Therefore, the Commerce 1.0 system is bound to pay large services with regard to the business and consumer information department in the areas of professional publishing and financial data management; to the sector of entertainment with digital rights management for music, movies and games, and to the software markets for digital software distribution and asset management.
Specifically in the health care domain, the InterTrust solution can respond to urgent needs relating to secure document delivery, medical transcription, remote electronic medical record exchange, health care software distribution, and medical publishing with use of both the World Wide Web and all sorts of corporate Intranets, which have been developed for health care providers, payers, vendors, and publishers. The Commerce 1.0 system runs on Microsoft NT 4.0 or Sun Solaris 2.5.1. platforms, while other advanced ones are under development. InterTrust offers flexible compatibility with existing security applications and uses universal, solid, public as well as secret-key technology for encryption and authentication.