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Documentary Petri Nets: A Modeling Representation for Electronic Trade Procedures

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Business Process Management

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 1806))

Abstract

This paper introduces the concept of an electronic trade scenario (executable transaction model) as a potential solution to “open” electronic commerce - trade among parties that have no prior trading relationship. The basic idea is that these trade scenarios would be stored in a “global repository”, and downloaded by trading parties as needed for a particular trade. A representation, called Documentary Petri Nets (DPN) is used to represent such trade scenarios. The InterProcs system is described as a prototyping environment to support the design and execution of such trading systems using this representation. Given that the parties are often trading at “arm’s length”, a key focus is the development of trustworthy trade scenarios that have sufficient controls and evidentiary documentation.

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© 2000 Springer-Verlag Berlin Heidelberg

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Lee, R.M. (2000). Documentary Petri Nets: A Modeling Representation for Electronic Trade Procedures. In: van der Aalst, W., Desel, J., Oberweis, A. (eds) Business Process Management. Lecture Notes in Computer Science, vol 1806. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-45594-9_23

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  • DOI: https://doi.org/10.1007/3-540-45594-9_23

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-67454-2

  • Online ISBN: 978-3-540-45594-3

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