Transaction architecture utilizing transaction policy statements

US7698230B1 · kind B1 · utility

Assignee

• ContractPal, Inc. · US

Inventors

• Bruce E. Brown · Orem, US
• D. Brent Israelsen · Provo, US

Key dates

• Filing date: Feb 13, 2003
• Grant date: Apr 13, 2010
• Expiry date: Sep 28, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/018
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transaction receiver obtains a transaction packet comprising at least one document and instructions for processing the at least one document to complete a transaction. Thereafter, a rule parser accesses a transaction policy statement associated with the transaction packet including one or more rules for allowing the at least one document to be electronically signed. A verification agent then determines whether the rules of the transaction policy statement are met, after which a signature inhibitor prevents the at least one document from being electronically signed unless each rule of the transaction policy statement is met.