Patent · US Expired

Framework and system for purchasing of goods and services

US7801826B2 · kind B2 · utility

450Cited by
85References
24Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 29, 2003
Grant dateSep 21, 2010
Priority date
Expiry dateDec 9, 2025

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/382
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system for conducting an agreement between two parties relying on a trusted a third party includes a first party generating a first view of the agreement and transmitting the first view of the agreement to the third party, a second party independently generating a second view of the agreement and transmitting the second view of the agreement to the third party, a wireless network connecting the first party and the second party, and a wired or wireless network connecting the second party to the third party. The trusted third party, receives the first view of the agreement and the second view of the agreement, verifies conditions including that the identities of the parties that transmitted the agreements and that the independent views of the agreement are consistent with each other, and takes action to execute the agreement if the conditions are satisfied.

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