What protocol, based on SSL 3.0, is commonly used for secure exchanges over the Internet?

The protocol that is commonly used for secure exchanges over the Internet and is based on SSL 3.0 is Transport Layer Security (TLS). TLS was developed as a successor to SSL with the aim of providing enhanced security for communication over networks. It builds upon the foundation established by SSL 3.0, addressing vulnerabilities and introducing a more robust framework for encryption, integrity, and authentication.

TLS is widely utilized in various applications, including web browsing, email, and instant messaging, ensuring that data transmitted across networks remains confidential and protected from interception. It operates above the transport layer and under application protocols such as HTTPS (HTTP Secure), which itself is HTTP layered with TLS for secure transactions.

The other options do not provide the same level of secure communication specifically built on SSL 3.0. HTTP, for example, is an application layer protocol for transferring data over the web, but it does not inherently include security features like encryption. FTP is also a protocol used for transferring files, but it lacks built-in security and is often augmented with protocols like FTPS or SFTP to provide the necessary security. Internet Protocol (IP) is responsible for addressing and routing packets across networks but does not handle encryption directly. Thus, TLS is definitively the correct answer as