Title: Requirements and Design for Voucher Trading System (VTS)
Author(s): K. Fujimura, D. Eastlake.
Status: INFORMATIONAL
Date: Mar 2003
Length: 30945
Crediting loyalty points and collecting digital coupons or gift certificates are common functions in purchasing and trading transactions. These activities can be generalized using the concept of a "voucher", which is a digital representation of the right to claim goods or services. This document presents a Voucher Trading System (VTS) that circulates vouchers securely and its terminology; it lists design principles and requirements for VTS and the Generic Voucher Language (GVL), with which diverse types of vouchers can be described.
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