Method and System of Creating and Signing Electronic Documents With Increased Party-Signatory Accuracy and Execution Integrity

• Main Authors: MOORE CHARLEY, LEUNG LOK MAN, WITHOUSKI STANLEY, MILOTA LIZZ, TRAN AN, ESWAR SHARADHA
• Format: Patent
• Language: English
• Published: 14.01.2016
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC COMMUNICATION TECHNIQUE; ELECTRIC DIGITAL DATA PROCESSING; ELECTRICITY; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR; TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION

Systems and methods for writing, changing, authenticating and signing web-based documents use an interactive questionnaire methodology and various databases to obtain document content, confirmation of the finality of a proposed document and participant identity verification. Multiple databases may be accessed and/or created to triangulate or otherwise confirm that a purported party to be bound by a legal instrument is the same party adding information to the document and that all parties to be bound by a contract have signed the same final version of the contract. Disclosed embodiments allow participants to change the terms of a proposed agreement that has been signed by others. A modified proposed agreement may be signed by the amending party and then offered to all interested parties.