Compatibility checking between instruments, operations and protocols in electronic commerce
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United States of America Patent
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Jun 6, 2000
Grant Date -
N/A
app pub date -
Jun 29, 1998
filing date -
Jun 29, 1998
priority date (Note) -
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status (Latency Note)
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Abstract
The present invention provides a modular infrastructure for electronic commerce that allows electronic financial instruments to work with a variety of different protocols. One embodiment of the present invention receives a request for an operation, and checks compatibility between the operation and available protocols for the operation to determine a set of compatible protocols. Next, the system checks compatibility between the set of compatible protocols and available instruments for the operation to determine a set of compatible instruments. If the set of compatible instruments includes at least one instrument, the system selects a compatible instrument and a corresponding compatible protocol, and uses this instrument and protocol to perform the operation. In a variation on the above embodiment, the act of selecting the compatible protocol and the compatible instrument entails presenting the set of compatible protocols and the set of compatible instruments to a user, and allowing the user to select the compatible protocol and the compatible instrument for the operation.
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