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Electronic Business Contracts between Services
Miles, Simon and Oren, Nir and Luck, Michael and Modgil, Sanjay and Meneguzzi, Felipe and Faci, Nora and Holt, Camden and Vickers, Gary Electronic Business Contracts between Services. In: Handbook of Research on P2P and Grid Systems for Service-Oriented Computing: Models, Methodologies and Applications. IGI Global. (In Press)
Electronic contracts mirror the paper versions exchanged between businesses today, and offer the possibility of dynamic, automatic creation and enforcement of restrictions and compulsions on service behaviour that are designed to ensure business objectives are met. Where there are many contracts within a particular application, it can be difficult to determine whether the system can reliably fulfil them all, yet computer-parsable electronic contracts may allow such verification to be automated. In this chapter, we describe a conceptual framework and architecture specification in which normative business contracts can be electronically represented, verified, established, renewed, and so on. In particular, we aim to allow systems containing multiple contracts to be checked for conflicts and violations of business objectives. We illustrate the framework and architecture with an aerospace aftermarket example.
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