Authenticated Transfer of an Article Using Verification Tokens

Aspects of the invention provide a system and method for affecting a transfer of goods in a transaction. Mobile communication devices held by parties to a transaction deliver geographic location information to a server, which coordinates data, including verification token data broadcast by one of sa...

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Bibliographic Details
Main Author Mueller Ulrike Vanessa
Format Patent
LanguageEnglish
Published 30.03.2017
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC COMMUNICATION TECHNIQUE
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
WIRELESS COMMUNICATIONS NETWORKS
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Summary:Aspects of the invention provide a system and method for affecting a transfer of goods in a transaction. Mobile communication devices held by parties to a transaction deliver geographic location information to a server, which coordinates data, including verification token data broadcast by one of said devices, so as to authenticate the identities of the parties to the transfer once the parties or devices are within a specified short-range to conduct said transfer.
Bibliography:Application Number: US201615278387