Secure affiliation of warranty to a good in a computing network

US11321753B2 · kind B2 · utility

Assignee

• Raise Marketplace, LLC · US

Inventors

• Terrence Donnelly Rossi · Via Enrico Fermi, US
• Jamil A. Merali · Princeton, US
• Dongwook Chung · Princeton, US

Key dates

• Filing date: Aug 2, 2017
• Grant date: May 3, 2022
• Expiry date: Aug 6, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0236
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method includes initiating, by a first computing device, ownership acquisition of a good from a second computing device using a digital exchange item. The method further includes determining, by the second or a third computing device, whether a first warranty is applicable to the good. When the first warranty is applicable, the method further includes obtaining, by the second and/or the third computing device, a representation of the first warranty. The method further includes executing, by the second and/or the third computing device, the ownership acquisition of the good by the first computing device using the digital exchange item, wherein the executing includes updating a digital chain of custody of the digital exchange item. The method further includes updating, by the second and/or the third computing device, the digital chain of custody to include affiliation of the first warranty to the good and to the first computing device's user.