Patent · US Active

Robust payment settlements using distributed and potentially unreliable computer systems

US8886562B1 · kind B1 · utility

0Cited by
6References
16Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 11, 2008
Grant dateNov 11, 2014
Priority date
Expiry dateDec 9, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Settlement transactions are processed on a distributed computer system. Settlement data describing a settlement request are received and stored in a settlement storage. The storage includes a request status field with a value describing the status of the settlement request. The settlement data are stored in a vendor file responsive to the value of the request status field. Data describing the vendor file are stored in a vendor file information storage. The vendor file information storage includes a file status field with a value describing the status of the vendor file. The vendor file is provided to a vendor for settlement processing responsive to the value of the file status field. The distributed computer system is able to detect and rectify errors in the distributed computer system by using the request status and file status fields, which allows the distributed computer system to be comprised of conventional computers.

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