Patent · US Active

Authenticating an exchange item in an exchange item marketplace network

US10423993B2 · kind B2 · utility

16Cited by
0References
16Claims
0Family size

Assignee

Inventor

Key dates

Filing dateJan 22, 2016
Grant dateSep 24, 2019
Priority date
Expiry dateDec 6, 2037

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method begins with a marketplace server authenticating value of an exchange item to produce an authenticated value of the exchange item and continues with the marketplace server obtaining control over a secure exchange item package, where the secure exchange item package includes identity of the exchange item. The method continues with the marketplace server receiving, from a buyer device, a request to purchase the exchange item and securely passing, to the buyer device, control over the secure exchange item package. For use of the exchange item, the method continues with the buyer device securely passing, to a merchant server, control over the secure exchange item package. The method continues with the merchant server executing use of the exchange item by updating the value of the exchange item, generating an updated secure exchange item package, and securely passing, to the buyer device, control over the updated secure exchange item package.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.