e-gold Web Site
Gold & Silver
Reserve, Inc. administers a secure, precious metal based payment
system on the World-Wide-Web (www.e-gold.com).
This system currently has over 5 million USD equivalent in circulation.
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client:
G&SR
2117 S.
Babcock Street
Suite 114
Melbourne, FL 32901
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The e-goldT system is not a precious metal
exchange; it's primary role is that of an electronic payment system
based upon transactions in which ownership of precise amounts
of gold, silver, palladium or platinum (e-metalT) is transferred
electronically from one e-goldT account holder to another.
This payment system offers several distinct advantages over other
payment systems such as fiat currency, credit cards, and checks:
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Payers cannot overdraw their
accounts because no payments can be made in excess of their
actual current account balances. This safeguard is possible
because account balances are maintained in real-time and are
always current.
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e-metalT payments made to e-goldT
account holders are credited immediately; there is no clearing
delay. This is an big plus for businesses, and not a bad thing
for individuals either.
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Businesses that currently accept
payments with credit cards will find that e-goldT payment transaction
fees are a fraction of those charged by credit card companies.
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Squires Engineering's Role
Squires Engineering, Inc. has been actively involved
with e-goldT server software since June 1997 when we were first
secured to add international currency support to the server's HTML
pages and cgi front end. These enhancements necessitated extensive
changes to HTML forms, SQL Server database tables, and CGI programs
written in C/C++. Since then we have been actively involved with
developing new system functionality such as:
- Secure, special purpose remote system administration
tools - we developed custom web-based remote system monitoring
and administration tools using Microsoft ASP, SSL, and personal
digital certificates for authentication of remote administrators.
- A web-based "Shopping Cart Interface" (SCI) for
merchants to use to incorporate e-gold as a payment method for
their online stores. For the SCI web page (HTML) interface we
used Microsoft Active Server Pages (ASPs) s. We also developed
a Windows NT Service using C/C++ and Win32 that provides a robust
http/https protocol communications server for sending payment
transaction acknowledgements to merchants' servers.
- Many system enhancements for increased reliability,
scalability, and maintainability.
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