 Solution

In the stable homotopy category, a ring spectrum is a unital associative monoid object for the smash product of spectra. Thus it consists of a topological spectrum $E$ with multiplication and unitwhere $\mathbb{S}$ is the sphere spectrum, and the identities areThe canonical associativity and unit identifications of the symmetric monoidal category are understood in these formulas. All identities are identities of maps in the stable homotopy category.

A commutative ring spectrum also satisfieswhere $\tau :E\wedge E\to E\wedge E$ interchanges the two factors. This is the ring-object convention; a coherently structured ring spectrum has additional point-set or higher-homotopy data. In particular homotopy-category commutativity alone is not an assertion of such a coherent enhancement.