EPCglobal Network-Based Internet Escrow Service for Secure e-Commerce

EPCglobal 네트워크 기반 인터넷 에스크로 서비스

  • 김동민 (동국대학교 유비쿼터스 물류관리 연구센터) ;
  • 허정현 ((주)네오비엔에스) ;
  • 이용한 (동국대학교 산업시스템공학과) ;
  • 이종태 (동국대학교 산업시스템공학과)
  • Published : 2006.11.30


Today as the scale of e-commerce constantly expands, the number and the amount of the consumer frauds are also increasing very rapidly, without sufficient levels of systematic support to prevent them. Internet Escrow service is one of the promising payment mechanisms, which guarantees secure electronic trades and payments. Especially, if the real-time product delivery information is available via RFID-based track-and-trace environment, the security and efficiency of the Internet Escrow services would be improved a lot. In this research, proposed a novel approach to integrate EPCglobal Network, which is a de-facto standard for RFID-based information network model, with Internet Escrow services. The proposed service model was implemented in the form of "Integrated Financial Platform", which supports the contracts among trading partners and the payment via Escrow services by being fully integrated with bank systems. Using the implemented EPCglobal Network-based Escrow service system, we would be able not only to shorten the money-flow cycle and to develop new kinds of loan services, but also to overcome the problems of existing Escrow services including the lack of product-related information and the delay of purchasing decisions.