System And Method For Secure Management Of Digital Contracts

  • Published: Aug 10, 2017
  • Earliest Priority: Feb 03 2016
  • Family: 3
  • Cited Works: 0
  • Cited by: 2
  • Cites: 4
  • Additional Info: Full text
Abstract

A system and method for the secure management of digital contracts utilizes technology from the following fields: digital timestamping, encryption, distributed storage, and distributed payment systems. The existing state-of-the-art contract management systems require counter- parties to give a substantial level of trust to third parties to perform functions such as storage and verification. This system and method reduces the amount of trust that the counterparties need to give to a single third party. The system and method may be used for the secure construction and management of digital contract data and metadata.


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Document History
  • Publication: Aug 10, 2017
  • Application: Feb 3, 2017
    WO US 2017/0016380 W
  • Priority: Feb 3, 2016
    US US 201662290863 P

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