Method and system for facilitating transactions

Data processing: financial – business practice – management – or co – Business processing using cryptography – Secure transaction

Reexamination Certificate

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C726S012000, C726S013000, C726S015000, C726S018000, C726S019000, C726S021000, C705S066000, C705S067000, C705S075000, C705S076000, C713S150000, C713S153000, C713S155000, C713S182000, C713S186000

Reexamination Certificate

active

07386518

ABSTRACT:
A system for facilitating a transaction between a first party and a second party is controlled by a trusted third party system and is programmed to carry out the method by receiving the first party's instructions for fulfilling at least a part of the first party's obligations in said transaction. The system communicates with the second party and provides the second party with perceptible assurance that the second party is in communication with a trusted third party system through the system. The system transmits information to the second party to provide assurance that the first party's instructions have been or will be fulfilled. Thus trust in the third party is transferred to the first party and the second party can trust that the first party's obligations have been or will be fulfilled.

REFERENCES:
patent: 6363357 (2002-03-01), Rosenberg et al.
patent: 7096204 (2006-08-01), Chen et al.
patent: 2001/0039535 (2001-11-01), Tsiounis et al.
patent: 2003/0233305 (2003-12-01), Solomon
patent: WO 01/35355 (2001-05-01), None
Bickmore et al., Mar. 31-Apr. 5“Relational Agents: A Model and Implementation of Building User Trust”, CHI 2001, vol. No. 3, Issue No. 1.

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