Stuart Feldman will delve into a half dozen major themes for long-term research in electronic commerce. These areas will take years to resolve at a research level and even longer to achieve full impact in the world economy. They include privacy, the evolving marketplace on several time scales, the rise of dynamic businesses and electronic haggling, improved relationships to customers, and the systems underpinnings needed to support the vast new opportunities and capabilities of electronic commerce. Stuart Feldman is Director of IBM's Institute for Advanced Commerce. The Institute is dedicated to creating new technologies for support of e-commerce as well as pursuing fundamental issues in e-commerce. He is also the author of the original "make" and "f77."

Electronic Commerce and the Street Performer
John Kelsey, Bruce Schneier, Counterpane Systems

VarietyCash: A Multi-Purpose Electronic Payment System
M. Bellare, University of California, San Diego; J. Garay, Information Sciences Research Center, Bell Laboratories; C. Jutla, IBM T.J.Watson Research Center; M.Yung, CertCo

NetCents: A Lightweight Protocol for Secure Micropayments
Tomi Poutanen, University of Toronto; Heather Hinton, Ryerson University; Michael Stumm, University of Toronto

The National Automated Clearing House Association's Internet Council established a test pilot workgroup known as the Authentication and Network of Trust (ANT). The group's goal is to develop operating rules for Certification Authorization (CA) interoperability to be applied to the payment and non-payment environments, and facilitate the development of a public key infrastructure. In order to achieve this goal, the group is conducting a pilot test to determine the interoperability between financial institutions acting as Certification Authorities. This session introduces the pilot and explains some of the lessons learned.

The Auction Manager: Market Middleware for Large-Scale Electronic Commerce
Tracy Mullen, Michael P. Wellman, University of Michigan

Internet Auctions
Manoj Kumar, Stuart I. Feldman, IBM T. J. Watson Research Center

Electronic Auctions with Private Bids
Michael Harkavy, J. D. Tygar, Carnegie Mellon University; Hiroaki Kikuchi, Tokai University

By the end of the 1990s, there will be over 80,000 active software patents, thousands of which deal with the Internet and Electronic Commerce. For startups, these patents will often be the only protection they have when competing against well-funded large companies. This panel will examine the IP aspects of electronic commerce from two directions. First, two patent lawyers will discuss the patent prosecution (obtaining the patenting) and patent litigation basics as it applies to EC. They will be followed by two lawyers who will discuss both sides of the first major electronic commerce patent infringement battles, the EData/Freeny lawsuit. Moderating the panel will be Greg Aharonian, editor of the Internet Patent News Service.