SYSTEM AND METHOD FOR COMPUTERIZED NEGOTIATIONS BASED ON CODED INTEGRITY
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United States of America Patent
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Issued Date -
Mar 13, 2014
app pub date -
Jul 18, 2013
filing date -
Jan 18, 2011
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Abandoned
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Abstract
An accelerated transparent authenticated Data Exchange system wherein the chronology of alternating senders' and receivers' messages are authenticated typically at each step, with an easy to use provision for resending, in the event of faulty transmission, such that the final message hash value authenticates the negotiation chronologically from first to final message, wherein the final hash value is operative to enable a signature of an entity or entities which binds such entity to the whole data exchange, which signature can be in clear text, encoded, and/or encrypted with authentication integrity. The system is useful for managing computerized negotiations including client-initiated computerized negotiations and including computerized financial transactions.
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