Abstract
The spread of Coronavirus has forced populations around the globe to adopt strict measures such as lockdown, home quarantine, and home office. Moreover, in the current development of network communications, people can exploit internet and intranet features in many systems that need to be faster, more efficient, and available on time. Furthermore, with the benefits of using internet-of-things (IoT), through which things are generated, gained, discovered, and proposed without interference, the user could receive the last status without exertion and direct contact (i.e., in a contactless manner). These specifications can be used in a transaction system. This paper proposes an electronic transaction system (ETS) as a replacement for the current paper transaction used in most organizations’ environments. The progress includes the signing privilege, access right for each position, delivery reports, transaction tracking, and transaction storage safety. Transactions will be stored in an encrypted way at the database to keep them safe from illegal changes. For that, a secure electronic transaction is created with digital signature services. The negligence can be identified in the workflow by tracking the operations and receiving exceptional cases’ alerts. Finally, this paper compared the proposed system against state-of-the-art systems.
Highlights
Electronic transactions have significantly evolved in recent years
The electronic transaction system (ETS) overcomes the drawbacks in the existing systems used for transactions in many institutions, such as the key size, database security, and the needed workflow and infrastructure
The comparison showed the advantages of ETS over the existing systems
Summary
Electronic transactions have significantly evolved in recent years. Because of the significant developments in information technology, electronic transactions increased in size and use and expanded to a service provider’s form and promoted products. The hardware here is the server that contains all system information, which is to validate the user and transactions This layer provides methods that include protocols, applications, software development kit (SDK), and interfaces to share transactions and knowledge safely and transparently, while computers are used to exploit these features by the organization staff. ETS provides this layer to group all security needs and schemes in one layer, which checks user information, signature validation, and database cryptosystem before the user operates the usage of the application layer. The users make use of analyzing collected data, working through the application layer, and providing various kinds of knowledge, services, and resources for the transactional system. When the employee chooses to issue a new transaction and digitally signs it, the user collects the transaction information and sends it to the server for checking and granting. According to government transaction processing, the ETS has six phases: login phase, transaction issuance, transaction signing or authentication phase, transaction validation, transaction tracking, and transaction storage
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