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The rapid development of technology and the reach of such technologies at affordable costs has made it
possible for all people across the world to make purchases at a click of the mouse and at their
convenience.Electronic commerce technologies and protocols facilitate the processing of online
transactions. Trust plays a major role in e-commerce transactions and various protocols help establishing
this trust by providing fair exchange and anonymity.
The research aims at designing and developing a protocol that provides both fair exchange and anonymity,
thus avoiding the need to have manual dispute resolution. It takes into account the technical flaws
researched and overcomes those by implementing methods to ensure that confidentiality and integrity of the
messages are maintained by making sure that the Trusted Third Party does not have the authority to view
or modify the messages but can only verify the authenticity of the other two parties.