Which of the following best describes the SET protocol? A. Originated by Victor

Question

Which of the following best describes the SET protocol?

A. Originated by Victor Miller and Neal Koblitz for use as a digital signature cryptosystem. It is useful in applications for which memory, bandwidth, or computational power is limited.

B. Originated by MasterCard and Visa to be used on the Internet for credit card transactions. It uses digital signatures.

C. Originated by Victor Miller and Neal Koblitz for use as a key exchange cryptosystem. It is useful in applications for which memory, bandwidth, or computational power is limited.

D. Originated by MasterCard and Visa to be used on the Internet for credit card transactions. It uses the SSL protocol.

Explanation / Answer

B. Secure Electronic Transaction (SET) was developed by MasterCard and Visa to be used on the Internet for credit card transactions. It uses digital signatures. Answer A is incorrect because SET is not used for digital signatures. Answer C is incorrect because SET is not used for key exchange, and Victor Miller and Neal Koblitz are the creators of ECC. Answer D is incorrect because SET does not use SSL

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