Method for communicating and controlling transactions between unsecured parties
US6341351B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | May 7, 1998 |
| Grant date | Jan 22, 2002 |
| Priority date | — |
| Expiry date | May 7, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q20/4093
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for communicating transactions on a network of unsecured parties includes a first party generating a request to a second party on a network to initiate a transaction. The second party maintains a data base containing a plurality of separate transactions. The second party in response to the request, generates and communicates to the first party a unique transaction identifier. The first party trades the processing of the transaction in the second party's data base using the transaction identifier to gain access to the second party's data base.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.