Differential and UWI.Com Team Up to Provide Complete E-Commerce Evidence Solutions
Digital Receipts in the Back Office and InternetForms in the Front Office Protect Companies Engaging in Electronic Commerce
CUPERTINO, Calif., July 2 /PRNewswire/ -- Two leading developers of secure XML e-commerce technology, Differential and UWI.Com, today announced a strategic relationship. The combined technology provides a safer than paper solution for enterprises and financial institutions to securely send and receive legally binding transactions and other contractual agreements for conducting business-to-business e-commerce.
Businesses need contracts and transactions to be legally binding in order for e-commerce to flourish. The partnership between Differential and UWI.Com will offer a complete solution for businesses integrating end-user Internet forms signing with high volume transaction signing and verification. UWI.Com, the leading provider of XML Internet forms solutions for e-commerce, has received widespread recognition for its legally binding InternetForms solution. Differential's Digital Receipt Infrastructure compliments InternetForms by providing a complete non-repudiation solution for e-commerce and legacy systems.
What is Non-Repudiation?
Non-repudiation is the use of strong electronic evidence to prove to an independent third party that a document or transaction was sent and received at a specific time by a specific person or company. Non-repudiation requires an irrefutable trail of digital evidence, as well as protocols and procedures for transaction verification, dispute resolution, auditing and reconciliation.
What is a Digital Receipt?
A Digital Receipt is an XML document which captures the digital signatures of the sender and the receiver, a verifiable time stamp and standardized transaction details. Digital Receipts may contain information about related receipts permitting complicated transactions to be re-assembled and reconciled. Digital Receipts also support real-time assurance such as online notaries, insurers and auditors.
What is an InternetForm?
An InternetForm is an XML document that preserves in a single, digitally signed form all of the elements of a transaction required to produce a binding record. InternetForms capture the questions a form posits, and the answers a person provides, as well as any internal form logic and attached related documents, to provide non-repudiation and preserve the signer's intent.
''Non-repudiation and proof of transactions are critical to the development of high-value e-commerce,'' said Eric Jordan, president and CEO of UWI.Com. ''The combination of UWI.Com's intelligent, digitally signed XML InternetForms and Differential's back-end Digital Receipts provide the perfect combination of intelligence, security, and reliability for e-commerce systems.''
''We are very excited to be working with UWI.Com because InternetForms compliment Digital Receipts to provide full non-repudiation for e-commerce systems,'' said David Jevans, president of Differential. ''Legally binding documents will revolutionize the way that the Internet is used for business-to-business e-commerce.''
InternetForms Commerce System
UWI.Com's InternetForms Commerce System is a complete suite of XML software that allows organizations to conduct secure, verifiable business-to-business e-commerce transactions on the Internet. InternetForms are based on Extensible Forms Description Language (XFDL), the world's first open XML protocol for legally binding web transactions. XFDL was authored by UWI.Com and Tim Bray, co-editor of the original XML specification, and has been submitted to the World Wide Web Consortium (W3C) and CommerceNet for consideration as a standard method for representing business and government forms on the Internet.
About UWI.Com (www.uwi.com)
UWI.Com, developer of the first XML Internet forms software, was recently named a ''Top-Ten E-Commerce Company'' by InternetWeek magazine, and a ''Company to Watch'' by Wall Street and Technology magazine. UWI.Com's customers include Global 2000 and public sector organizations, such as the IRS, the Office of the Secretary of Defense, DuPont, Allina Health Systems, Ameritech, RE/MAX, Unisys, NEC, Chase Manhattan Bank, and American Legal Net. UWI.Com's partners include such companies as VeriSign, GTE CyberTrust, Netscape, Optika, Entrust PenOp, Action Technologies, and Datakey, Inc. UWI.Com is an active participant in the world's standards bodies, such as the W3C and CommerceNet, where David Manning, CTO of UWI.Com, is editor of the eCo Transaction Framework Specification. Interested parties may learn more about UWI.Com and its products through the company's web site at uwi.com or by calling 888-517-2675.
About Digital Receipts
The Digital Receipt Infrastructure provides a complete non-repudiation solution, significantly reducing the cost, risk and liability for electronic commerce and extranets. The DRI takes advantage of digital certificates and XML to provide reconciliation and electronic auditing. Digital Receipts can also provide electronic evidence for dispute resolution.
About Differential
Differential, Inc. provides business-to-business electronic commerce infrastructure software that gives FORTUNE 500 companies a ''safer than paper'' solution for secure data interchange and transaction processing. Differential's outstanding customers include Aetna Insurance Inc., Apple Computer, CNET, Gap Inc., Hong Kong Telecom, The National Association of Securities Dealers, Oppenheimer Funds, Symantec and a number of major US banks. Founded in 1996, Differential is a privately held corporation funded by U.S. Venture Partners and SOFTBANK Holdings. For more information, please contact John Jefferies, Differential, Inc., 440 Clyde Ave., Mountain View, CA 94043; Phone: 650-426-1100; Fax: 650-426-1101; E-mail: john@differential.com; Website: differential.com .
SOURCE: Differential, Inc.
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