Framework and system for purchasing of goods and services
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United States of America Patent
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Sep 21, 2010
Issued Date -
N/A
app pub date -
Jul 29, 2003
filing date -
Aug 8, 2002
priority date (Note) -
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status (Latency Note)
Importance
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.
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