ITrust workshop Glasgow 2-4 Sep 2002

bullet1 Zoran Milosevic

bullet2 BCA

(Their protoype platform)

bullet3 Electronic representation

Template contracts


  • Question   Sample contracts?
    Maybe look to abstract actual contracts?


     
  • Solution   Similarities with ML?
    Machine Learning often uses feature vector to represent solution space

    Contract template can do likewise, then two parties interact to find a mutually optimal point in the value space?


     

bullet3 Automation of management

bullet3 Extensible and tailorable

bullet3 Flexible integration

bullet3 Question   ...open standards?

bullet3 Life-cycle

Drafting

Negotiating

Storing

Tracking

Notifying

Obligation monitoring

Enforcement

bullet3 Example contracts

Direct debiting mandate

Dealership


Simple, relatively few variables?


bullet3 Pending   Contract monitor

Novel solution - event-based approach

Contract-significant events

- actions of parties

- time events

- (2 more)