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Developing a Micropayments System in Local Area Networks

Author

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  • Cristian GEORGESCU

    (Dunarea de Jos University of Galati, Romania)

Abstract

Starting from the solution of aggregating micropayments in a local area network that operates with reduced costs, with simple and easy to use equipments, with security procedures that are not so complicated, based on the rapport between the cost of fraud and the expected value obtained through fraud, a first stage of developing this system has been accomplished and materialized in the analysis stage by using some of the diagrams put to use by UML.

Suggested Citation

  • Cristian GEORGESCU, 2011. "Developing a Micropayments System in Local Area Networks," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 160-165.
    • Handle: RePEc:ddj:fserec:y:2011:p:160-165
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