Security Extensions for Mobile Commerce Objects

Electronic commerce and its variance mobile commerce have tremendously increased their popularity in the last several years. As mobile devices have become the most popular mean to access and use the Internet, mobile commerce and its security are timely and very hot topics. Yet, today there is still no consistent model of various m–commerce applications and transactions, even less clear specification of their security. In order to address and solve those issues, in this paper, we first establish the concept of mobile commerce objects, an equivalent of virtual currencies, used for m–commerce transactions. We describe functionalities and unique characteristics of these objects; we follow with security requirements, and then offer some solutions – security extensions of these objects. All solutions are treated within the complete lifecycle of creation and use of the m–commerce objects.