Application Interconnection and Execution of Business to Business Transactions over the Internet

å The formation of a set of processes, reference architectures, and protocols for the execution of financial transactions. å The design, development and pilot operation of a prototype software system that will allow the interconnection of business applications and the safe asynchronous transfer of transaction economic related data. å The implementation of a financially viable software solution, including a business plan, to be adopted by Greek SMEs and small companies by means of hiding the complexity of the transactions from the usual everyday user and developing low cost products.