Framework and system for purchasing of goods and services
US7801826B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 29, 2003 |
| Grant date | Sep 21, 2010 |
| Priority date | — |
| Expiry date | Dec 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.