E Wallet

International Journal of UbiComp (IJU), Vol.1, No.4, October 2010

MOBILE BASED SECURE DIGITAL WALLET FOR PEER TO PEER PAYMENT SYSTEM
Majid Taghiloo1, Mohammad Ali Agheli 2, and Mohammad Reza Rezaeinezhad3
1

Amnafzar Department of Pishgaman Kavir Yazd, Tehran, Iran [e-mail] 2

Amnafzar Department of Pishgaman Kavir Yazd, Yazd, Iran [e-mail] 3

Pishgaman Kavir Yazd, Yazd, Iran [e-mail] ABSTRACT
E-commerce in today's conditions has the highest dependence on network infrastructure of banking. However, when the possibility of communicating with the Banking network is not provided, business activities will suffer. This paper proposes a new approach of digital wallet based on mobile devices without the need to exchange physical money or communicate with banking network. A digital wallet is a software component that allows a user to make an electronic payment in cash (such as a credit card or a digital coin), and hides the low-level details of executing the payment protocol that is used to make the payment. The main features of proposed architecture are secure awareness, fault tolerance, and infrastructure-less protocol.

KEYWORDS
Wireless Network, Mobile Network, Digital Wallet, E- Payment System, Peer to Peer Communication & Security

1. INTRODUCTION
A digital wallet allows users to make electronic commercial transactions swiftly and securely. It functions much like a physical wallet. A digital wallet has both a software and information component. The software provides security and encryption for personal information and for the actual transaction. Typically, digital wallets are stored on the client-side and are easily compatible with most e-commerce transactions. A server-side digital wallet, known as thin wallet, is the one that an organization creates for you and maintains on its servers. The information component is basically a database of user inputted information. This information consists of your shipping address, billing

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