Re: Web Payments comparison: PaySwarm vs. OpenTransact

I wrote the first part of my response here:

http://stakeventures.com/articles/2011/12/21/opentransact-the-payment-standard-where-everything-is-out-of-scope

Pelle

On Wed, Dec 21, 2011 at 12:26 AM, Manu Sporny <msporny@digitalbazaar.com>wrote:

> Hi all,
>
> Here is the first draft of the Web Payments technology analysis between
> PaySwarm and OpenTransact:
>
> http://manu.sporny.org/2011/**web-payments-comparison/<http://manu.sporny.org/2011/web-payments-comparison/>
>
> The analysis is fairly high-level. I tried not to get too in-depth for
> each feature, rather limiting each sub-topic to a brief introduction to
> the feature, how PaySwarm addresses the feature and how OpenTransact
> addresses the feature. It's around 5,300 words, 12 pages printed.
>
> I will have inevitably made mistakes or overlooked some portion of
> OpenTransact, and I hope that Pelle suggests corrections in order to
> make the analysis as factually accurate as possible.
>
> During the review, I noticed a few security concerns that I have with
> OpenTransact as well as a few design issues that I'd like Pelle to
> expand upon. I touch on them in the blog post above, but they really
> should have more focus put on them as they're basic design
> considerations that any financial system should take into account.
>
> -- manu
>
> --
> Manu Sporny (skype: msporny, twitter: manusporny)
> Founder/CEO - Digital Bazaar, Inc.
> blog: The Need for Data-Driven Standards
> http://manu.sporny.org/2011/**data-driven-standards/<http://manu.sporny.org/2011/data-driven-standards/>
>
>


-- 
http://picomoney.com - Like money, just smaller
http://stakeventures.com - My blog about startups and agile banking

Received on Wednesday, 21 December 2011 19:05:29 UTC