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IP Full Form in Computer Network – Meaning, Examples & Facts

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What is the Full Form of IP and How Is It Used in Networking?

The full form of SET protocol is Secure Electronic Transaction, which plays a significant role in ensuring secure online transactions. It is commonly used for protecting electronic debit and credit card payments over the internet, making it essential for students and professionals in computer science, IT, and e-commerce. In this article, we will explore the meaning, significance, and practical applications of SET protocol in the field of secure digital payments.


Acronym Full Form Main Role
SET protocol Secure Electronic Transaction Provides a secure method for card payment processing over the internet, enhancing digital transaction security.

Impact of SET protocol in Online Transactions

The SET protocol plays a significant role in online banking and e-commerce. It helps protect sensitive financial data, making internet transactions safer for consumers and merchants. The SET protocol ensures trust and integrity in digital payments, preventing unauthorized access and fraud.


  • Guarantees confidentiality of cardholder information during transmission.
  • Authenticates both consumer and merchant identities.
  • Protects against online payment fraud and data breaches.

Role of SET protocol in E-commerce Industry

The SET protocol has a significant role in the e-commerce sector. It supports secure digital payment processing and instills confidence in customers making online purchases. With increasing digitalization, SET ensures private and authenticated transactions for both buyers and sellers.


  • Enables safe credit and debit card payments on online shopping sites.
  • Prevents merchants from accessing full card information, reducing risk of misuse.
  • Supports secure multi-party communication protocols for digital transactions.

Relevance of SET protocol for Students & IT Professionals

Understanding the SET protocol full form is crucial for students preparing for computer science, information technology, and competitive exams. It is also valuable for IT professionals and anyone interested in modern payment security technologies.


  • Helps in exam preparation and interviews (especially for networking, cyber security topics).
  • Provides foundational knowledge for careers in e-commerce and digital payments.
  • Essential for staying updated about current security protocols in online commerce.

Additional Context: History and Significance of SET

The Secure Electronic Transaction (SET) protocol was introduced in 1996 by Visa, MasterCard, and technology partners to secure payment transactions on the internet. While now largely replaced by more modern protocols like SSL/TLS, the principles of SET still influence modern payment security systems.


  • SET provided a standard protocol for encrypting card data during online transactions.
  • Early adoption improved consumer confidence in e-commerce sites.
  • Inspired current technologies (e.g., 3D Secure, PCI DSS standards).

Key Role of SET protocol

The SET protocol is essential in the field of secure electronic payments. It impacts e-commerce, banking, and data security, providing trusted infrastructure for safe online payments. Understanding its significance is crucial for students and professionals pursuing careers in IT, networking, and digital security.


Page Summary

In conclusion, the SET protocol, which stands for Secure Electronic Transaction, is integral to securing online credit and debit card transactions. Its importance in digital payment systems makes it an essential concept for students and professionals to understand for academic excellence and career advancement in technology and commerce.


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FAQs on IP Full Form in Computer Network – Meaning, Examples & Facts

1. What is the full form of IP in computer networking?

The full form of IP is Internet Protocol. It's a set of rules governing how data is sent and received across networks, forming the foundation of internet communication.

2. How does Internet Protocol work?

The Internet Protocol works by breaking down data into smaller packets, each with an address (IP address). These packets are then routed through various networks until they reach their destination, where they're reassembled. This ensures reliable data transmission even across complex networks.

3. Is there a difference between IP and other protocols?

Yes, while IP handles addressing and routing of data packets, other protocols like TCP (Transmission Control Protocol) manage reliable data transfer, and UDP (User Datagram Protocol) handles faster, less reliable data transmission. IP works at the network layer of the OSI model, while others operate at different layers. They work together to facilitate internet communication.

4. What are common examples of IP addresses?

Common examples include IPv4 addresses (e.g., 192.168.1.1) and IPv6 addresses (e.g., 2001:0db8:85a3:0000:0000:8a2e:0370:7334). These unique numerical identifiers allow devices to be located and communicate on the internet.

5. Why is the Internet Protocol important for online communication?

IP is crucial because it provides the addressing and routing mechanism that enables devices to communicate across the internet. Without it, data packets wouldn't know where to go, making online communication impossible. It's the fundamental building block of the internet's infrastructure.

6. What is the difference between IP and a protocol?

IP is a specific type of protocol. A protocol is a set of rules governing data transmission, while IP specifically addresses how data packets are routed and addressed on a network. Think of IP as one piece of the larger puzzle of internet communication protocols.

7. What is packet switching in relation to IP?

IP uses packet switching, a method where data is broken into smaller packets, each routed independently. This increases efficiency and reliability by allowing multiple packets to travel different paths simultaneously. If one packet is lost, only that packet needs to be re-sent.

8. How does IP address management work?

IP address management (IPAM) involves assigning, tracking, and managing IP addresses within a network. This ensures efficient use of addresses and prevents conflicts. It's essential for maintaining a functional and secure network environment. Tools and techniques help automate and streamline these tasks.

9. What are the key differences between IPv4 and IPv6?

IPv4 uses 32-bit addresses, resulting in a limited number of available addresses. IPv6, with its 128-bit addresses, provides significantly more addresses to accommodate the growing number of internet-connected devices. IPv6 also offers improved security and routing efficiency.

10. What is the role of IP in network security?

IP itself doesn't directly provide security, but it plays an indirect role. Network security measures such as firewalls and intrusion detection systems utilize IP addresses to control network access and identify potential threats. Secure protocols built upon IP also contribute to network security.

11. What are the functions of the network layer in the OSI model?

The network layer, where IP operates, is responsible for routing data packets between networks. This includes logical addressing (IP addresses), path selection, and fragmenting/reassembling packets. It ensures end-to-end delivery of data across interconnected networks.