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Modeling and Simulation of ISO 8583 Transaction Using Timed Colored Petri Net | IEEE Conference Publication | IEEE Xplore

Modeling and Simulation of ISO 8583 Transaction Using Timed Colored Petri Net


Abstract:

This paper presents a novel Colored Petri Net (CPN) model for the integration of an existing local payment system and a new bank. The developed CPN model is governed by t...Show More

Abstract:

This paper presents a novel Colored Petri Net (CPN) model for the integration of an existing local payment system and a new bank. The developed CPN model is governed by the elementary principles of ISO 8583 protocol, the protocol used in most credit card bank processing systems. The model is realized by using CPN tools software package.
Date of Conference: 29 November 2017 - 01 December 2017
Date Added to IEEE Xplore: 25 June 2018
ISBN Information:
Conference Location: Ho Chi Minh City, Vietnam

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