Method and apparatus for temporary ownership of digital items in a network data processing system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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Jun 7, 2011
Grant Date -
Mar 3, 2005
app pub date -
Aug 29, 2003
filing date -
Aug 29, 2003
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A method, apparatus, and computer instructions for leasing a unique digital item in a network data processing system. A listing request is received for a payment and a deposit in the account of a first party. A listing request is received for a unique digital item in the account of a second party. Responsive to receiving the listing requests, the respective digital properties are transferred to a temporary storage account in association with retrieval tags. Listings for the digital properties appear on a trusted third-party leasing service. A lease contract is drawn up between the parties. After all parties have signed the lease agreement, the payment is transferred to the second party and the unique digital item is transferred to the first party. The deposit is held by the trusted third-party leasing service until the unique digital item is returned.
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