Patent · US Active

Apparatus and method for secure fulfillment of transactions involving virtual items

US8924308B1 · kind B1 · utility

14Cited by
9References
21Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 18, 2008
Grant dateDec 30, 2014
Priority date
Expiry dateMay 24, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F17/3281
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A computer implemented method to exchange virtual goods in a virtual environment includes receiving funds at a trading platform from a buyer. The buyer is provided with a first secret that the buyer can decrypt and a second secret that the buyer cannot decrypt. The buyer is authenticated to a seller using the first secret. A virtual item is delivered from the seller to the buyer in response to authenticating. The buyer delivers to the seller the second secret for decryption by the seller. The seller is authenticated at the trading platform with the second secret. The seller is supplied with the funds.

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