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What is E-Contract

Encyclopedia of E-Business Development and Management in the Global Economy
an electronic document used to represent an agreement between partner organizations carrying out business using a computer network, which describes details of the supply and the consumption of e-services within a business process including QoS attributes and levels.
Published in Chapter:
Web Services E-Contract and Reuse
Marcelo Fantinato (University of São Paulo, Brazil), Maria Beatriz Felgar de Toledo (State University of Campinas, Brazil), and Itana Maria de Souza Gimenes (State University of Maringá, Brazil)
DOI: 10.4018/978-1-61520-611-7.ch088
The Internet and the Service-oriented Computing (SOC) paradigm (Papazoglou, Traverso & Dustdar, 2008) made the electronic interchange of services possible. Consequently, the scope of Business Process Management (BPM) (Khalaf, Keller & Leymann, 2006) has broadened from intra-organizational service interchange to interorganizational cooperation. In this new scenario, organizations are concentrating efforts on their main business and subcontracting electronic services (e-services) from partners. Business processes that cross organizational borders are more complex, thus a simple definition of the process is no longer enough to ensure trust. An electronic contract (e-contract) is necessary to define the rights and obligations of each involved party and monitoring of business process execution becomes mandatory.
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E-Contracting Challenges
A contractual agreement, represented as digital information and signed with digital signatures of the parties.
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