System and method for electronic transactions

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

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705 75, 380277, G07F 1900, G06F 1730

Patent

active

061086444

ABSTRACT:
A system and method for performing an electronic transaction, including registration, audit and trusted recovery features. A transaction request message is received from a registered user that includes an unblinded validated certificate, and a blinded unvalidated certificate. If the unblinded validated certificate is determined to be legitimate, then a transaction can be performed, and the blinded unvalidated certificate is validated to obtain a blinded, validated certificate that is sent to the user. An audit protocol can be used to further verify the legitimacy of the transaction request message, and a user can recover from a broken connection by replaying a protocol run.

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