System and method of secure electronic commerce transactions including tracking and recording the distribution and usage of assets

US7020635B2 · kind B2 · utility

Assignee

• Line 6, Inc · US

Inventors

• Dave Hamilton · Newbury Park, US
• John Brinkman · Simi Valley, US
• John Longawa · Thousand Oaks, US
• Charles Corris Randall · Calabasas, US
• Rob Rampley · Calabasas, US
• Marcus Ryle · Westlake Village, US

Key dates

• Filing date: Jan 16, 2002
• Grant date: Mar 28, 2006
• Expiry date: Dec 16, 2023

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L9/3271
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed is a system and method that tracks the usage of rented digital assets. A server includes an asset database that stores a digital asset, the title of the digital asset, and a server usage count for the digital asset. The computing device stores a rented digital asset and further stores an asset usage count list that includes the title of the rented digital asset and a usage count that indicates the amount of usage of the rented digital asset by the computing device. The server uploads the asset usage count list from the computing device and matches the title of the rented digital asset from the asset usage count list with the title of the same digital asset stored in the asset database. Further, the server adds the usage count of the rented digital asset to the server usage count for the digital asset in the asset database.