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Last modified: February 16, 1999
Digital Receipt Infrastructure Initiative

In January 1999, Differential, Inc. posted an online draft version (0.9) of the annotated specification for the "Digital Receipt XML Data Type Definition." The document is available from the Digital Receipt Consortium Web Site.

The Digital Receipt Consortium "consists of representatives from various financial institutions, accounting firms, and software development companies (see the partial membership list below). The consortium is developing an open standard relevant to the electronic commerce and data interchange infrastructure. The standard will describe the content, creation, exchange, and management of digital receipts. Digital receipts will provide authenticated evidence of e-commerce transactions, much as paper receipts have done in the past. The digital receipt standard will address the issues of risk management, legal liability, and auditing for effective management of business-to-business transactions over the Internet." An initiative to accelerate the development of a Digital Receipt Infrastructure (DRI) for electronic commerce was recently announced by David Jevans, president and CEO of Differential, Inc. Kent Davidson, vice president of engineering at Differential, is currently working with members of the Trade Working Group of the Internet Engineering Task Force (IETF) on the Open Trading Protocol specification. 'Differential is working closely with this group regarding submission of DRI to the IETF to ensure that the Digital Receipt initiative incorporates IETF drafts for digital signing of XML'."

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