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Describe generic framework for electronic commerce
Generic Framework for electronic commerce contains the Applications of EC (like as banking, shopping in online stores and malls, buying stocks, finding a job, conducting an auction, and collaborating electronically on research and development projects).
Properties: 1. Monetary Value: Monetary value must be backed by either cash, bank - authorized credit cards or bank certified cashier's cheque. 2. Interoperability: E-cash
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